Tuesday Jan 21, 2014

BI&EPM in Focus January 2014

Customers

  • CaixaBank deploys new big data infrastructure on Oracle
  • Data-Driven Decision-Making at Banque Cantonale Vaudoise (link)
  • YouTube Video: Sonal Kulkarni of Cummins Inc. talks about Oracle Account Reconciliation Manager (link
  • YouTube Video: Peter Smolianski of the DC Courts, talks about their use of Oracle Scorecard and Strategy Management (link
  • Champion Building Materials Group Customizes Reports in 10 Minutes, Enables Mobile Analytics, and Increases Sales and Profitability (link)
  • Smurfit Kappa Group Improves Management Control with Centralized Financial Reporting (link)
  • Grasim Industries Cuts Statutory Reporting Time by 50% with Faster Financial Consolidation, Gains Deeper Insight into Business Performance  (link)
  • McGregor Fashion Group Shortens Period Closes by 30% and Gains 13-Week, Cash-Flow Forecasting (link)
  • Grupo Fármacos Especializados Consolidates Enterprise Data for Optimal Reporting, and Decision-Making (link)
  • Zagrebačka Banka gains competitive advantage using Exalytics (link) Video
  • IAC Scales for International Growth While Supporting More Than 150 Media and Internet Properties Using Oracle Financials, Hyperion and Essbase via Oracle Managed Cloud (link)
  • Link to Complete Archive

Enterprise Performance Management

  • Feb 6, Financial Close and Tax Provisioning – A Common DNA (link)
  • Video: CFO Insights: An Interview with Accenture's David Axson (link)
  • Empowering Modern Finance - Video Dec, 2013: AT&T, Red Robin, and Accenture share insights on how Modern Finance can become a true business partner and value creator using digital technologies (link)
  • Video White Paper:  What's the Key to Unlocking Your Company's Business Potential? (link)
  • EPM Documentation Portal, links to Cumulative Feature Overview Tool, Defects Fixed Finder, videos, social media sites and more (link)
  • Blog: December EPM "Patch Set Updates" released (updated) (link)

Business  Intelligence

  • Feb 11, Business Analytics Summit - London (link)
  • Blog: Year in Review – Oracle Business Analytics in 2013 (link)
  • Some OBI EE Tricks and Tips in the Admin Tool (link)
  • MS-Office (Excel, Power Point) uses SmartView with OBI EE - Six "how to" YouTube Video Tutorials (link)
    • This is a nice series of "How to" videos showing how to use Oracle Smart-View to access data in Oracle Business Intelligence Enterprise Edition (OBI EE) and display it in MS-Office (Excel, Power Point). Smart-View has been used for many years for this job in the Hyperion EPM world, and now we broaden and integrate this tool with OBI. These Examples are built using the Sample App v309.
  • Oracle's Big Data Project (link) - The “Bold Data Project”…is a web show that will explore the impact of big data. This includes to date, “Nanosatisfi, a satellite start-up...”, “Big Data Is the Electricity of the 21st Century”, “The US spends $3 trillion on healthcare every year....”, “...how data helped fuel the most dramatic victory in the history of the America's Cup”.
  • Video, Nov. 2013: Paul Sonderegger – Concise summary in 5 minutes on effectively using Big Data at Work (link)

Planning and Budgeting Cloud Service Demos

For Finance executives who are drowning in spreadsheets or strapped to legacy applications, a cloud-based performance management solution offers an easy on-ramp, lower IT resource requirements and accelerated time to value.

You can now see this set of Enterprise Planning Demos and Videos on cloud.oracle.com

On 30 January 2014, at 14:00 h GMT/ 15:00 h CET we will also be starting a series of webcasts on “Profitable Growth with Oracle Planning and Budgeting Cloud Service – for this you can Register Now.

Otherwise, right now you can see the Planning and Budgeting Cloud Service - Partner Webcast Replay.

For more information see on Oracle.com @

Big Data Analytics is Big News

From our BI partner Forum last week in London focusing on Big Data Analytics, I think the messages coming through from the discussions with partners and clients can be distilled into a few points:

1. Find Value = Organisations are more successful in finding value from potential Big Data Analytics projects when they combine data from “Hadoopable” sources with their traditional Oracle databases: for example merging social sentiment information with existing customer loyalty and product revenue data. Hadoop projects in isolation are struggling to complete the business case.

2. Oracle+Hadoop = Open source Hadoop and “R”-analytics are very complimentary to the Oracle stack, and indeed are greatly strengthened by Oracle’s software distribution and connectivity options – notably with OBI, Endeca, ODI, SQL, and the Oracle Big-data-Connectors for Hadoop.

3. Interconnect = Any Oracle partner can get going with this by downloading the software onto a relatively modest server, where they can interconnect the complete platform, and quickly get to grips with it: see below.

a. You can directly access data from Hadoop to analyse, visualise, and assess its’ value, and join it to Oracle DB data within OBI and Endeca and R.

b. If and as needed, data in Hadoop can be economically selected, processed, and enriched with familiar tools like ODI, and then moved with the Connectors into an Oracle database at very high speed transfer rates, within your data governance model (e.g. see the Oracle's Information Management Masterclass Tutorials).

4. Start Smaller = Of course, an Oracle Big Data Appliance plus the Exalytics and Exadata engineered systems are the ultimate solution for this, but all of the software platform from Oracle runs very well with Hadoop on smaller commodity servers. The choice of scale depends on your client’s needs – this is not a constraint on getting value from the integrated software stack. Projects can start relatively “small”; with one commentator suggesting the median deployment is around 10 Tb, and only very few are in the Petabyte range).

5. Enterprise-grade = For the successful Enterprise-grade projects, the Oracle tooling that connects with Hadoop and R provide the security, speed and reliability needed to de-risk the project and surface the value. These familiar tools (OBI, ODI, SQL, Big-data-Connectors) also minimise the skills gap and cost otherwise needed for extensive Java and MapReduce programming.

6. Hadoop is not Big Data = The key to value is using the right set of tools for the job: this may or may not include Hadoop.

This is a recent customer story where the full architecture is being put to broad use:

CaixaBank deploys new big data infrastructure on Oracle - Enables the Spanish Bank to Develop Better Customer Services, Integrating Data Created Across All Its Channels.

Interconnect the complete platform

Partners can assemble a complete platform from these VMs. These pull together a large set of tools, and so I recommend you put this on a server with 32Gb RAM.  You can also get some hints @ Oracle BI Partners Get to Grips with Big Data Analytics

Find out more @ Oracle's Information Management Masterclass Tutorials

and White-paper @ Information Management and Big Data Reference Architecture

Oracle BI Partners Get to Grips with Big Data Analytics

Quite a few Oracle BI Partners are investing in a better understanding of the complete set of tooling and rich architecture options that have been integrated by Oracle for Big Data Analytics. For example, you can get some great hints and tips from other partners’ experiences such as:

@ Rittman Mead - http://www.rittmanmead.com/category/big-data/

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