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Virginia ASBO and Forecast5 Partner to Bring Data Analytics Solutions to Virginia Schools

July 1, 2014

FOR IMMEDIATE RELEASE

Contact: Eric Smith
(630) 955-7551
esmith@forecast5analytics.com

 

Forecast5 and the Virginia Association of School Business Officials (VASBO) are pleased to announce a partnership agreement to develop analytics and Business Intelligence applications for Virginia schools.

Virginia ASBO and Forecast5 Partner to Bring Data Analytics Solutions to Virginia Schools

NAPERVILLE, Ill. (July 1, 2014)Forecast5 Analytics, Inc. and the Virginia Association of School Business Officials (VASBO) are pleased to announce a partnership agreement to develop analytics and Business Intelligence applications for Virginia schools. By joining with Forecast5, VASBO becomes the 16th organization from eight different states to join the Forecast5 Corporate Partner Program.  Forecast5 Analytics provides powerful analytic tools to help local government leaders drive financial and strategic decisions. The Forecast5 platform includes cloud-based business intelligence software, interactive visuals and a collaborative analytics engine.

Through a collaborative effort between Forecast5 and VASBO, the organizations will develop and customize 5Sight for Virginia schools. 5Sight is a dynamic Business Intelligence and visualization platform which helps schools drive decisions with competitive and comparative insight. VASBO members will also have access to 5Share, which is an online social collaboration community.  It will allow Virginia school business officials to communicate within selected circles using the data already submitted to the Virginia Department of Education.

“VASBO believes the partnership with Forecast5 Analytics will bring tremendous value to every school division in Virginia, just as it has in many other states,” stated Lisa Frye, VASBO 2013-14 President. “The 5Share communication tool and the 5Sight business analytical tool will provide a much more efficient way to engage in collaborative efforts, analyze targeted data sets, and develop budgets and long-range fiscal plans more strategically.”

“We are appreciative of Lisa Frye and the VASBO leadership team for their vision in bringing new analytical solutions to increase performance for Virginia schools,” Forecast5 President and CEO Mike English said. “The opportunity to work collaboratively with school business officials in Virginia is going to fast track the benefits of analytics for schools, students, and communities throughout the state.”   

Later this fall, the launch of 5Share will give VASBO members a new business collaboration platform.  The 5Sight Business Intelligence application will be available for purchase by Virginia school districts in October 2014.

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