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PPG Industries (PPG - Analyst Report) will leverage Accelatis’ premier application performance monitoring software by installing its Ascension Suite 3.0 to monitor, manage and improve the company’s Oracle EPM (Enterprise Performance Management)/Hyperion applications and environment.

Accelatis is a well known Application Performance Management (APM) solutions provider for enterprise software systems such as Oracle Hyperion EPM, IBM Cognos BI and others.

Ascension Suite 3.0 is a leading Oracle EPM/Hyperion Application Performance Monitoring and Infrastructure Management software application. It was specially designed to address the unique challenges extended by system and application management of Hyperion systems.

Ascension Suite provides a single solution for Oracle EPM/Hyperion that caters to different requirements including infrastructure management, automation, application monitoring, performance optimization, load generation and user simulation.

Accelatis Ascension Suite’s simulation and testing capabilities will enable PPG Industries to analyze the impact of user activity on key financial reporting systems and focus on providing reliable system performance. Accelatis will also aid PPG Industries in streamlining its SOX (Sarbanes-Oxley) auditing and system-change-tracking efforts.

Accelatis Ascension Suite helps monitor, manage and report at all levels of the Oracle Enterprise Performance Management environment, from IT/Infrastructure through Application Administration to resolve CFO related problems.

Ascension Suite’s area of work encompasses the Oracle EPM application suite including Hyperion Financial Management (HFM), Planning, Essbase and Oracle Business Intelligence Suite Enterprise Edition Plus (OBIEE); along with associated products like SmartView, Shared Services, Financial Reporting and Financial Data Quality Management (FDM).

The product offers a comprehensive approach to APM and its users benefit from the full cycle of product tuning, monitoring, issue resolution, optimization, user simulations, and load testing. These capabilities provide greater value than point solutions.

PPG Industries currently carries a Zacks Rank #2 (Buy).

Other companies in the chemical industry worth considering are Asahi Kasei Corp. (AHKSY), du Pont (DD - Analyst Report) and BASF SE (BASFY). While Asahi Kasei carries a Zacks Rank #1 (Strong Buy), DuPont and BASF hold a Zacks Rank #2 (Buy).

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