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News and Views: Drive Smart Decisions with Cloud Analytics, Machine Learning and More

Essbase Cloud

Analytics Cloud

Better Analytics with Autonomous Data Warehouse

The biggest challenge in data management today is the manual labor necessary to create, provision, and maintain a database environment and deliver it to the end...

The biggest challenge in data management today is the manual labor necessary to create, provision, and maintain a database environment and deliver it to the end user. But managing data is crucial to business success. Researchers with IDC suggest there is a massive advantage for those companies who use all data; an average of $430 billion in potential gains that can be taken away from competitors who are less data savvy. What's needed are systems that can increase productivity...

Analytics Cloud

How Analytics Shapes a New Role for Finance

Did you ever stand in a store check-out line, thinking that it would move quickly, only to find that it’s moving slower than the line you chose not to stand in? ...

Did you ever stand in a store check-out line, thinking that it would move quickly, only to find that it’s moving slower than the line you chose not to stand in?  How much time would you have saved if you had more information or analysis about the people in the lines, the items in the carts, the cashiers, the equipment and how they all fit together? Those are the kind of questions we must answer when faced with making a multitude of decisions throughout our day, from the...

Analytics Cloud

Test Drive Oracle Analytics Cloud Near You

Recently, I attended an Oracle 'Test Drive' workshop session that offered customers a hands-on experience using Oracle Analytics Cloud. This event was held in...

Recently, I attended an Oracle 'Test Drive' workshop session that offered customers a hands-on experience using Oracle Analytics Cloud. This event was held in Houston and allowed more than 45 customers to gain a better understanding of the power of Oracle Analytics Cloud and the business benefits it offers. A key Oracle partner, Perficient, led several labs which covered several modules including predictive analytics, machine learning, and visual analytics. These events are...

Essbase Cloud

What Is Agile Scenario Modeling and Why Does It Matter?

What does the future world look like? How will our value change over time? What's the risk to our organization? If you're a finance leader, these are a small...

What does the future world look like? How will our value change over time? What's the risk to our organization? If you're a finance leader, these are a small sample of the questions that you wrestle with. Many finance professionals would say that they confront these questions through budgeting, planning, and forecasting. Yet, Rich Clayton, vice president of product strategy at Oracle, argues that these processes aren't enough to inform a company about what may happen in the...

Essbase Cloud

Ignore Robots - Or Better Yet, Count Them Separately

It is quite common to have web sessions that are undesirable from the point of view of analytics. For example, when there are either internal or external robots...

It is quite common to have web sessions that are undesirable from the point of view of analytics. For example, when there are either internal or external robots that check the site's health, index it, or just extract information from it. These robotic sessions do not behave like humans and if their volume is high enough they can sway the statistics and models. One easy way to deal with these sessions is to define a partitioning variable for all the models that are a flag...

Analytics Cloud

Unlock the Value of Oracle Essbase Cloud

I was presenting an introduction to Oracle Essbase Cloud the other day and I was asked the following question: "What does Oracle Essbase actually DO?"  My quick...

I was presenting an introduction to Oracle Essbase Cloud the other day and I was asked the following question: "What does Oracle Essbase actually DO?"  My quick response was to say, "A better question may be to ask what doesn't it do?"   This struck me as quite funny and the image that keeps creeping into my head is a cartoon Oracle Essbase cube, wearing a tie, and sitting in an interview room answering questions.  A gentleman behind a desk is peering over the glasses perched...

Analytics Cloud

Oracle Analytics Cloud Adds Data Lake to its Capabilities

At Oracle OpenWorld this week, Oracle unveiled Oracle Analytics Cloud, Data Lake Edition, a critical part of Oracle's enterprise cloud platform. The new...

At Oracle OpenWorld this week, Oracle unveiled Oracle Analytics Cloud, Data Lake Edition, a critical part of Oracle's enterprise cloud platform. The new addition to Oracle Analytics Cloud lets business analysts explore all data in data lakes and blend it with personal, enterprise, or external sources. Armed with that ability, discover new insights, rapidly enhance and enrich those data sets, and then create data flows that scale to the needs of the project. A data lake is a...

Essbase Cloud

Oracle Essbase Cloud Service: Your 3-D Printer for Business Modeling

Building a model has long been a proven method for expressing the possibility of something greater. Models are used in automotive engineering, architecture,...

Building a model has long been a proven method for expressing the possibility of something greater. Models are used in automotive engineering, architecture, research, art, and business. Physical models, although powerful and necessary, gave way to computer models to automate simulations and project future outcomes. CAD systems were designed for engineers and architects, and OLAP systems were built for business analysts. CAD systems are being transformed with 3-D printers to...

Essbase Cloud

Unleash Your Inner Model with Oracle Essbase

"Do you model?" People ask me that all the time. Actually, no they don't.  Let me be clear: I do model... but I model with analytics. I model different...

"Do you model?" People ask me that all the time. Actually, no they don't.  Let me be clear: I do model... but I model with analytics. I model different scenarios, outcomes, potential solutions, and potential risks to help make the right decisions for my company. This isn’t a new, trendy thing. Scenario modeling has been around for many years to analyze possible future events, consider alternative possible outcomes, and determine the most likely one for your conditions, good...

Oracle

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