Redwood Analytics And Tikit Parnership Takes Business Intelligence To The UK Legal Market
Redwood AnalyticsBy Redwood Analytics
Moorestown, NJ (February 08, 2006) – Redwood Analytics, the leading provider of applied business intelligence applications to the legal industry, today announced a partnership with Tikit, a UK-based specialist legal IT services and software provider. Tikit will resell and implement Redwood Analytics’ business intelligence (BI) suite in Europe as part of its comprehensive range of legal specific software applications.
Through the partnership, Redwood will leverage Tikit’s regional expertise and keen understanding of the European legal landscape to serve a new client base.
Redwood’s legal industry track record - 25 percent of the U.S. AmLaw 200 and 4 out of the top 5 Canadian law firms rely on Redwood Analytics’ BI applications to analyze, manage, and report upon firm performance – coupled with Tikit’s leadership role within the European IT services market, will provide European law firms with a proven and viable long term BI application set. Given Tikit’s existing infrastructure and coverage in the European legal market, the two companies will deliver valuable content, comprehensive reporting, key performance information, and knowledge services, right from the outset of the partnership.
Redwood Analytics develops business intelligence applications that help firms access the information they need to make key business decision regarding pricing, staffing, budgeting and forecasting. Its tools are designed with a focus on helping firms forecast profitability and shorten the budget planning cycle. Redwood software enables legal and business staff to quickly turn data into actionable information without an ongoing need for custom programming and complex calculations, and can be applied to all areas of a law firm’s business, with special modules dedicated to billing & collections, profitability, business development, budgeting, reporting, benchmarking, merger analytics and matter planning. Redwood’s latest product, Attorney Dashboard, is a software application that allows front-line lawyers to access the power of business intelligence.
“Redwood is without question the leading software when it comes to BI in the legal sector so they were the obvious strategic partnership choice,” said Neil Renfrew, Director of Professional Services at Tikit. Redwood is a proven solution with a solid market leadership position in the North American legal market and we know that collectively we can deliver valuable content and a comprehensive suite of reports and information from day one.”
“Tikit is the UK’s largest specialist legal IT services and software provider and are the clear partner of choice in the legal IT world,” said Norm Mullock, Chief Development Officer, Redwood Analytics. Both companies pride themselves in delivering the highest level of client service and support. It is this collective commitment to client service that made the choice to partner with Tikit an easy one. Most importantly it offers clients in the U.K. integrated and powerful answers to their BI challenges and the level of service that Redwood customers have come to expect.”
About Redwood Analytics
Redwood Analytics, the leading provider of applied business intelligence to the legal industry, helps law firms analyze, report upon, and distribute information to improve strategic-decision making by the partnership and administration. Redwood’s software provides immediate returns upon deployment and is sophisticated enough to grow with our customer’s needs. Redwood has developed best practices for financial management and our analytic tools provide a fresh understanding of the key drivers underlying their business performance. Redwood is widely acknowledged for the ability to design flexible solutions and meet and anticipate client needs in customer service, R & D, and knowledge transfer. For more information regarding Redwood’s offerings, please visit http://www.redwoodanalytics.com or call 856.321.8989×229.
About Tikit
Tikit is the UK’s leading provider of IT services and software to the legal and accounting industries. Working with 84 of the UK’s top law firms and over 200 accountancy organizations, the company offers a full range of IT services and software from networking to knowledge management. Established in 1994 the company has over 180 staff in offices in London, regionally around the UK and Europe. Working with best of breed partners, Tikit offers innovative and effective IT solutions based on its in-depth knowledge of its clients’ marketplaces.
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© 2006 Redwood Analytics
