Friday Apr 11, 2014

IDC Big Data in the Enterprise: When Worlds Collide

IDC has published new research on the growing benefits of big data analytics in the enterprise.  You can also watch a webcast of Dan Vesset, IDC's VP of Business Analytics Programs, discuss the research of when the relational and non-relational worlds collide on big data to achieve higher performance.

To unlock the value of big data, organizations need to extend the existing IT architecture from the tried and tested relational technology to integrate with non-relational technologies. Only this combination of both, with the analytic techniques they enable, can propel organizations toward fact-based decisions.

The research suggests evidence that in 68% of all organizations who combine both technologies to the fullest extent, achieve higher performance: twice as many high-achievers as low-achievers have supplemented relational technology with non-relational technology to the fullest extent needed.

“Today, there is mounting evidence of the end of irrational exuberance in big data. 2014 is ushering in a long-term trend of pragmatic purchasing and deployment of a range of big data and analytics technologies and services. This pragmatism has already resulted in a realization of not only the need for coexistence of relational and non-relational big data and analytics technologies but also the fact that together these technologies can enable completely new ways of conducting business, serving and protecting citizens, caring for patients, teaching students, and managing natural resources.”

Tuesday Apr 01, 2014

Oracle is #1 in 2014 Gartner Magic Quadrant for CPM Suites

Leading on both Completeness of Vision and Ability to Execute axes, Oracle Hyperion is again #1 in 2014 Gartner Magic Quadrant for CPM Suites.

Cited strengths included:

  • “During 2013, Oracle's suite received a number of significant additions, including embedded OBIEE and mobile delivery capabilities in Hyperion Planning, improved visual rule capability in HFM, support for Hyperion Profitability and Cost Management on Oracle Exalytics In-Memory Machine, a new module for tax provisioning and new account reconciliation functions.
  • Oracle's Planning and Budgeting Cloud Service {PBCS now available} will provide a viable hybrid cloud and on-premises planning option intended for use with Hyperion Planning or stand-alone. Oracle announced a collaborative reporting cloud service to be available in late 2014. Oracle's on-premises solution can be hosted on Oracle Managed Cloud Services.”

Download copy of Gartner Magic Quadrant for CPM Suites report

Thursday Mar 20, 2014

Big Data Analytics and EPM Top Trends for 2014

Which information management priorities are at the top of the corporate IT agenda? What are the most compelling developments in big data, analytics, EPM, mobile computing, data warehousing, and cloud computing that motivate IT leaders to undertake new technology initiatives?

Oracle surveyed hundreds of IT decision makers to learn about their big data and analytics plans for 2014—both within the Oracle customer base and the industry at large. Respondents provided specific feedback on mobile BI, cloud, Hadoop, data discovery, predictive analytics, and decision optimization technologies and practices. From this extensive data set we compiled the following trends:

  • Trend 1: Business Users Get Hooked on Mobile Analytics
  • Trend 2: Analytics Take to the Cloud
  • Trend 3: Hadoop-Based Data Reservoirs Unite with Data Warehouses
  • Trend 4: New Skills Bolster Big Data Investments
  • Trend 5: Big Data Discovery is the Secret to Workforce Success for HCM
  • Trend 6: Predictive Analytics Lend Fresh Insight into Big Data Strategies
  • Trend 7: Predictive Analytics Bring New Insight to Old Business Processes
  • Trend 8: Decision Optimization Technologies Enhance Human Intuition
  • Trend 9: Business Leaders Embrace Packaged Analytics
  • Trend 10: New Skills Launch New Horizons of Analysis

Download the full Big Data and Analytic Report to learn about the trends, problems, and breakthroughs in big data and analytics in more detail, and also for a bit of advice to get the most from your investments.

Similarly download the Enterprise Performance Management Top Trends for 2014 Report for more detail on:

  • Trend 1: EPM Cloud Strategies Gain Altitude
  • Trend 2: Don’t Leave Mobile Behind
  • Trend 3: Big Data is the New Signal for Finance
  • Trend 4: Detailed Costing Practices Here to Stay
  • Trend 5: Squeeze Financial Close Cycles Even Tighter, with an Eye to the Virtual Close
  • Trend 6: Financial Disclosure Complexity Continues to Rise
  • Trend 7: Enterprise Data Governance Booms in 2014
  • Trend 8: Sustainability Reporting Becomes the Norm

Tuesday Mar 11, 2014

Qubix are World’s first Certified Planning and Budgeting Cloud Services (PBCS) Specialist

Qubix International announced that they are the world’s first Oracle Partner to achieve OPN-Specialization for Planning and Budgeting Cloud Services (PBCS).

Qubix, an Oracle Platinum Partner, are making this new Cloud product available in a packaged offering that includes Software-as-a-Service, implementation services, training and support, all for one low monthly fee.

“We’re excited to be the first to offer customers this service that combines the power of Oracle’s enterprise planning in the Cloud solution with all the services customers need included for one low monthly fee,” said Paul Johnston, General Manager of Qubix. “Yes, there are other cloud offerings, but these typically don't include the implementation services, the training, ongoing support and consulting customers need, so we’ve re-imagined how service should be delivered in the Cloud world and simplified everything.” he went on to add that the new Qubix service includes:

A subscription to the Oracle Planning and Budgeting Cloud Services

A choice of Express, Professional or Enterprise implementation packages

Training to maximize user engagement and productivity

On-going Support and managed services

Qubix packaged subscriptions start at £12 per user per day for an entry-level budgeting, planning and forecasting solution, increasing to £29 per user per day for an enterprise-grade solution.

Using this cloud based service; companies can reduce costs and complexity while accelerating the speed of delivery without compromising any features or capabilities.

Neil Sellers, Director of Qubix, added, “We want to make planning, budgeting and forecasting simple and affordable for all businesses, no matter what their size or complexity.”

By tapping into the benefits of the Cloud, businesses no longer need to purchase and set up hardware and software, which greatly accelerates the deployment time and significantly reduces costs. Qubix estimates that the total cost of ownership savings for a typical customer will be between 30% - 40% over a three year period.

The new service means businesses can take advantage of all the benefits of Cloud SaaS, providing an enterprise-wide, multidimensional planning, reporting and analysis solution, without compromise. This has been proven, in some instances, to reduce planning and budgeting cycle times by up to 90%, thus promoting faster & better business decisions.

For more details, including pricing please visit: http://www.qubix.com/qubix-enterprise-cloud-planning

For Oracle partners also wishing to take advantage of this new Cloud service see New Guided Learning Paths for Hyperion Planning and Budgeting Cloud Service Specialists, and an introductory webinar at Oracle Cloud Service is now Generally Available for Planning and Budgeting.

Wednesday Mar 05, 2014

Oracle Again in Gartner Leaders Quadrant for 2014 BI and Analytic Platforms

Gartner issued the 2014 BI Platforms and Analytic Platforms Magic Quadrant placing Oracle in the Leaders quadrant again. 

The Good News

The key aspects for Oracle BI partners is that Gartners sees acceleration in the trend “from BI systems used primarily for measurement and reporting to those that also support analysis, prediction, forecasting and optimization”: which is clearly good for us since all these capabilities can be deployed by Oracle partners with OBI Foundation Suite, Oracle Advanced Analytics and Real-Time Decisions.

Also, “the race is on to fill the gap in governed data discovery.” Endeca Information Discovery 3.1, and its’ integration to Oracle BI, addresses this Self-service requirement better than any of the competition – but be aware that Gartner did not consider this at the time of this 2014 report, since version 3.1 was not out in time for inclusion.

Oracle is a Leader for the 8th consecutive year.  Top reasons cited include:

  • Broad product suite that works with many heterogeneous data sources for large-scale, multi-business-unit and multi-geography deployments
  • Integration with Oracle apps and technology, and with Oracle Hyperion EPM
  • Prebuilt analytic applications – horizontal Oracle BI Applications and the many industry analytic applications built on Oracle BI
  • Among the largest deployments in terms of numbers of users and data sizes
  • 69% of Oracle BI customers consider it their enterprise BI standard
  • Large, global network of partners

 Oracle has secured distribution rights for this Gartner research.  Get it here.

Friday Nov 01, 2013

EPM and Business Analytics Talking-head Videos from Oracle OpenWorld 2013

Here is a selection of 2 to 3 minute video interviews at this year’s Oracle OpenWorld:

1. George Somogyi, Solutions Architect, New Edge Group, talks about the importance of having their integrated Oracle Hyperion Platform consisting of Oracle Hyperion Financial Management, Oracle Hyperion Financial Data Quality Management, Oracle E-Business Suite R12 and Oracle Business Intelligence Extended Edition plus their use of Oracle Managed Cloud Services. Speaker: George Somogyi @ http://youtu.be/kWn0dQxCUy8

2. Gregg Thompson, Director of Financial Systems for ADT, talks about using Oracle Data Relationship Management prior to implementing an Enterprise Performance Management solution. Gregg confirmed that there are big benefits to bringing the full Oracle Hyperion Financial Close suite online with Oracle DRM as the metadata source. Reduced maintenance time and use of external consultants translates into significant time and cost savings and faster implementation times. Speaker: Gregg Thompson @ http://youtu.be/XnFrR9Uk4xk

3. Jeff Spangler, Director Financial Planning and Analysis for Speedy Cash Holdings Corp, talked to us about the benefits achieved through implementing Oracle Hyperion Planning and financial reporting solutions. He also describes how the use of Data Relationship Management will keep the process running smoothly now and in the future. Speaker: Jeff Spangler @ http://youtu.be/kkkuMkgJ22U

4. Marc Seewald, Senior Director of Product Management for Oracle Hyperion Tax Provision at Oracle, talks about Oracle Hyperion Tax Provision, how it is an integral part of the financial close process and that it provides better internal controls and automation of this task. Marc talks about Oracle Partners and customers alike who are seeing great value. Speaker: Marc Seewald @ http://youtu.be/lM_nfvACGuA

5. Matt Bradley, SVP of Product Development for Enterprise Performance Management (EPM) Applications at Oracle, talked to us about different deployment options for Oracle EPM. Cloud services (SaaS), managed services, on-premise, off-premise all have their merits, and organizations need flexibility to easily move between them as their companies evolve. Speaker: Matt Bradley @ http://youtu.be/ATO7Z9dbE-o

6. Neil Sellers, Partner, Qubix International talks about their experience with previewing Oracle’s new Planning and Budgeting Cloud Service. He describes the benefits of the step-by-step task lists, the speed of getting the application up and running, and the huge benefits of not having to manage the software and hardware side of the planning process. Speaker: Neil Sellers @ http://youtu.be/xmosO28e4_I

7. Praveen Pasupuleti, Senior Business Intelligence Development Manager of Citrix Systems Inc., talks about their Oracle Hyperion Planning upgrade and the huge performance improvement now experienced in forecasting. He also talked about the benefits of Oracle Hyperion Workforce Planning achieved by Citrix. Speaker: Praveen Pasupuleti @ http://youtu.be/d1e_4hLqw8c

8. CheckPoint Consulting, talked to us about how Enterprise Performance Management should be viewed as an entire solution, rather than as a bunch of applications in silos, to provide significant benefits; and how Data Relationship Management can tie it all together effectively. Speaker: Ron Dimon @ http://youtu.be/sRwbdbbXvUE

9. Sonal Kulkarni, Enterprise Performance Management Leader, Cummins Inc., talks about their use of Oracle Hyperion Financial Close Management (Account Reconciliation Manager), Oracle Hyperion Financial Management and Oracle Hyperion Financial Data Quality Management and how this is providing efficiency, visibility and compliance benefits. Speaker: Sonal Kulkarni @ http://youtu.be/OEgup5dKyVc

10. Todd Renard, Manager Financial Planning and Business Analytics for B/E Aerospace Inc., talks about the huge benefits that B/E Aerospace is experiencing from Oracle Financial Close Suite. He was extremely excited about Oracle Hyperion Financial Data Quality Management and how this helps them integrate a new business in as little as three weeks. Speaker: Todd Renard @ http://youtu.be/nIfqK46uVI8

11. Peter Smolianski, Chief Technology Officer for the District of Columbia Courts, talked to us about how D.C. Courts is using Oracle Scorecard and Strategy Management to push their 5 year plan forward, to report results to their constituents, and take accountability for process changes to become more efficient. Speaker: Peter Smolianski @ http://www.youtube.com/watch?v=T-DtB5pl-uk

12. Rich Wilkie, Senior Director of Product Management for Financial Close Suite at Oracle, talked to us about Oracle Financial Management Analytics. He told us how the prebuilt dashboards on top of Oracle Hyperion Financial Close Suite make it easy for everyone to see the numbers and understand where they are in the close process, and if there is an issue, they can see where it is. Executives are excited to get this information on mobile devices too. Speaker: Rich Wilkie @ http://www.youtube.com/watch?v=4UHuHgx74Yg

13. Dinesh Balebail, Senior Director of Software Development for Oracle Hyperion Profitability and Cost Management, talked to us about the power and speed of Oracle Hyperion Profitability and Cost Management and how it is being used to do deep costing for Telecoms, Hospitals, Banks and other high transaction volume organizations effectively. Speaker: Dinesh Balebail @ http://youtu.be/ivx5AZCXAfs

Friday Feb 22, 2013

Gartner MQ Ranked Oracle EPM Ahead Of All Vendors in Leaders Quadrant

Oracle is a Leader in the recently published Gartner Magic Quadrant for Corporate Performance Management Suites, 2013. Oracle is ranked ahead of all the other vendors in the Leaders Quadrant on both the Ability to Execute and Completeness of Vision Axes.

Oracle also remains as a Leader in the recently published Gartner Magic Quadrant for Business Intelligence and Analytics Platforms, 2013. Oracle has maintained its standing as a leader, in part, from continued customer validation as having the largest average customer deployment, standardization on OBIEE and Exalytics and, the product vision of Endeca OEID.

To download any of these analyst reports see the latest available reprints here.

BUSINESS INTELLIGENCE / DATA WAREHOUSING

CORPORATE PERFORMANCE MANAGEMENT (EPM - Hyperion)

BIG DATA AND ANALYTICS

Customer Case Study Presentations from London Business Analytics Summit February 2013

Please take a look at this rich set of Customer Case Studies that were presented at the Oracle Business Analytics Summit on 12th February 2013 in London: click here to see all of the customer presentations from the day that we are able to share with you:

Track I: Don’t let Regulation Stifle Innovation

WorldPay

Chris Tabb, Data Management and Reporting Technical Architect, WorldPay


RBS

Liaquat Khan, Head of Business Intelligence Services
RBS Markets and International Banking, Finance Technology


Man Investments (Case Study)

David Marriage, Ex Head of Group Performance Management, Man Investments



Track II: Balancing Cost Management with Business Efficiency

London Borough of Havering

Andrew Blake-Herbert, Group Director Finance and Commerce
London Borough of Havering


John Lewis Partnership

Amy Balmain, Application Architect, John Lewis Partnership


Brighton & Sussex University Hospitals NHS Trust

Steve Marshall, Assistant Director of Finance
Brighton & Sussex University Hospitals NHS Trust


Canadian Department of National Defence (Case Study)

Mike Kampman, Former Director General Defence Force Structure Review, Canadian Department of National Defence



Track III: Driving Competitive Advantage

Network Rail

Anthony Brown, Head of Finance Systems, Network Rail


Motability Operations

Jon Secker, MI Manager, Motability Operations


JD Williams

Colin Kelly, Supplier Integration Commercial Manager, JD Williams


Tuesday Mar 27, 2012

Gartner: Magic Quadrant for Corporate Performance Management Suites, 2012

Hyperion clearly leads the pack again in Gartner’s analysis of the CPM / EPM market, saying; “Oracle is a Leader in CPM suites, with one of the most widely distributed solutions in the market. Oracle Hyperion Enterprise Performance Management is recognized by CFOs worldwide. The vendor has a well-established partner channel, with both large and smaller CPM SI specialists. Hyperion skills are also plentiful among the independent consultant community, given the well-established products. “

“Oracle continues to innovate, bringing incremental improvements across the portfolio as well as new financial close management, disclosure management and predictive planning additions. Furthermore, Oracle has improved integration of Hyperion with the Oracle BI platform, and has improved planning performance, enabling Hyperion Planning to use Oracle Exalytics In-Memory Machine.”

For the full article see here: Gartner: Magic Quadrant for Corporate Performance Management Suites, 2012

And if you missed it, here is also the MQ for BI: Gartner: Magic Quadrant for Business Intelligence Platforms, 2012

Friday Feb 24, 2012

Gartner’s Critical Capabilities for Government Budget Planning Products

Here is another fresh report from Gartner which is very positive about Oracle Hyperion: I urge you to share it with customers and prospects @  Critical Capabilities for Government Budget Planning Products

Key Findings

  • Oracle Hyperion Performance Management is rated #1 ahead of all competitors on both "Product Rating" and on "Overall Use Cases".
  • "Budget constraints provide a burning platform to apply more managerial approaches to budgeting processes, such as strategic mapping, what-if scenario analysis, management dashboards and collaborative planning.
  • The majority of government budget officers still rely primarily on Excel for their budgeting activities, but more comprehensive products have emerged to provide suites of capabilities, such as budget preparation, forecasting analysis and modeling, scorecards and dashboards, financial consolidation, publishing of budget documents, and financial reporting. "

 

Thursday Feb 23, 2012

Oracle BI is #1 on "Ability to Execute" in Gartner BI Platforms 2012

In February 2012, Gartner published the Magic Quadrant for Business Intelligence Platforms (by John Hagerty, Rita Sallam and James Richardson of Gartner).

Oracle is in the highest position on "Ability to Execute" of all 21 vendors in the Magic Quadrant evaluated for this report.  "Ability to Execute", according to Gartner, "is a function of a vendor's score of five measures that Gartner believes customers care about most in vendor selection. It does not equate to revenue or market share; it is highly influenced by customer responses to the BI Platforms Magic Quadrant survey."

Gartner's view is that "the market for BI platforms will remain one of the fastest growing software markets, despite sluggish economic growth in some regions. Organizations continue to turn to BI as a vital tool for smarter, more agile and efficient business. According to Gartner's annual survey of CIO technology priorities, BI and analytics has once again been named the top priority for 2012, a position it has held in three of the last five years.

And they say, “Oracle is deployed most broadly (in respect of global deployment) of any vendor in this Magic Quadrant, with average user populations nearing 3,000 and data volumes of more than 5 TB, and it is considered the BI standard for nearly 70% of firms surveyed.”

  • Use this Magic Quadrant to demonstrate Oracle's leadership in the Business Intelligence space.  As always, please read this report in its entirety before presenting to a customer or prospect to ensure that this works for your particular situation.

  • Point your customers and prospects to- Gartner Magic Quadrant for Business Intelligence Platforms - to download their own copy of the report.

Tuesday Jan 31, 2012

Oracle Leapfrogs BI Competitors By Acquiring Endeca

"Oracle Leapfrogs BI Competitors By Acquiring Endeca...."

  • But then I would say that would'nt I ?

Maybe you should also see what Boris Evelson of Forrester has to say on the subject, here at: http://blogs.forrester.com/boris_evelson/11-10-18-oracle_leapfrogs_bi_competitors_by_acquiring_endeca

Questions to ask SAP about BPC and their EPM Strategy

Just a quick note to highlight for you this great article from our John O'Rourke and Rich Clayton about Questions to ask SAP about BPC and their EPM Strategy, comparing to Oracle Hyperion EPM.

See here at: http://blogs.oracle.com/epm/entry/questions_to_ask_sap_about

 

Tuesday Nov 29, 2011

Closed-loop Recommendation Engines: Analyst Insight report on Oracle Real-Time Decisions (RTD)

In November 2011, Helena Schwenk of MWD Advisors, published her analysis on Oracle Real-Time Decisions.  She summarizes as follows: "In contrast to other popular approaches to implementing predictive analytics, RTD focuses on learning from each interaction and using these insights to adjust what is presented, offered or displayed to a customer. Likewise its capabilities for optimising decisions within the context of specific business goals and a report-driven framework for assessing the performance of models and decisions make it a strong contender for organisations that want to continuously improve decision making as part of a customer experience marketing, e-commerce optimisation and operational process efficiency initiative."

This is an outstanding report to share with a prospect or client as it goes into great detail about the product and its capabilities.  It also highlights the differences in Oracle's Real-Time Decisions product vs. other closed loop recommendation engines.

I encourage you to share this report with your clients and prospects. It can be downloaded directly from here - MWD Advisors Vendor Profile: Oracle Real-Time Decisions. (expires in November 2012)

Highlights:

"At the core of RTD lies a learning engine that combines business rules and adaptive predictive models to deliver recommendations to operational systems while simultaneously learning from experiences."

"While closed-loop recommendation engines are becoming more prevalent... there are a number of features that distinguish RTD:

  • It makes its decisions in the context of the business objectives, such as maximising customer revenue or reducing service costs
  • Its support for operational integration offers organisations some flexibility in how they implement the offering."

Friday Nov 04, 2011

Oracle Buys Endeca

On October 18, 2011, Oracle announced it has entered into an agreement to acquire Endeca, a leading provider of unstructured data management, web commerce and business intelligence solutions. The transaction is subject to customary closing conditions and is expected to close before the end of 2011.

After the transaction closes, Oracle with Endeca plans to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together enabling businesses to make stronger and more profitable decisions. Adding Endeca Latitude software to Oracle Business Intelligence Enterprise Edition (OBI EE) is expected to provide a single unified user interface for analysis of structured and unstructured data.

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