Wednesday Aug 28, 2013

What’s Happening in Business Analytics at Oracle OpenWorld 2013

Oracle OpenWorld 2013 is rapidly approaching on September 22nd when we take over the city of San Francisco for five days.  The Business Analytics program this year is our strongest ever, with over 200 EPM, BI, Analytics, Big Data and Exalytics sessions delivered by Oracle, our customers and partners.  We'll also have Hands-on Labs, Theater sessions, 23 demo pods dedicated to Business Analytics products, and more than 30 partners exhibiting their solutions.

So what's hot in Business Analytics at OpenWorld 2013?  Here are some of the "can't miss" sessions at this year's conference:

+ Monday Keynote:  Transforming Business with Big Data and Analytics,
led by Oracle President Mark Hurd, will discuss how to harness the value of big data.  You will hear about crafting an IT strategy and leveraging big data to make decisions about business operations and products and services for transforming your business.


+ The EPM and BI General Sessions
, led by SVP of Product Development, Balaji Yelamanchili, will highlight the latest innovations and product directions for Oracle EPM, BI and Analytics.  Both sessions are scheduled on Monday, September 23.

+ Customer Success:  EPM on Oracle Exalytics.  In this session, customers present case studies of how they have deployed Oracle Hyperion EPM applications on Oracle Exalytics and the benefits they have achieved, including extreme performance and scalability, all at a lower total cost of ownership than traditional systems.

+ New:  Oracle Planning and Budgeting Cloud Service.  Oracle Planning and Budgeting Cloud Service is the first of Oracle's EPM applications to be offered as a public cloud service and makes it much easier for businesses of any size to deploy a world-class planning and budgeting solution in a matter of weeks.  Learn about this new offering and hear about early customer experiences.

+ What's New with Oracle Exalytics In-Memory Machine?  Attend this session to learn about the latest and greatest in the hardware and software evolution of Oracle Exalytics In-Memory Machine.  Also learn how customers have obtained value from Oracle Exalytics and listen to a customer case study.

+ Oracle Endeca Information Discovery:  Customer Panel.  This session features a panel of customers that have adopted Oracle Endeca Information Discovery and achieved exciting results.  The customers' stories span various industries and demonstrate the broad applicability of data discovery tools and the competitive advantages customers can realize with Oracle Endeca Information Discovery.

Customer Panel:  Real-World Value with Oracle Business Intelligence Applications.  This session features a panel discussion that presents customer perspectives and best practices for implementing Oracle Business Intelligence Applications with Oracle E-Business Suite; Oracle Fusion; Oracle's PeopleSoft, Siebel and JD Edwards EnterpriseOne product families; SAP; and other application environments.

+ Oracle Fusion Middleware:  Meet This Year's Most Impressive Innovators.  In its seventh year, the Oracle Excellence Awards for Oracle Fusion Middleware Innovation honors organizations from around the globe that are using Oracle Fusion Middleware to achieve significant business value.  Attend this session to learn how leading-edge Oracle customers are successfully transforming their organizations with Oracle Fusion Middleware technology, including Business Analytics.


For more details on these and other Business Analytics sessions at OpenWorld, download the Focus On Business Analytics program guide at: 
https://oracleus.activeevents.com/2013/connect/focusOnDoc.do?focusID=22725

We look forward to seeing you in San Francisco!




Wednesday Aug 07, 2013

Forward Looking DC Courts Improves Processes and Sets the Bar in Managing Strategy and KPIs

Recently, I had the pleasure of interviewing Peter Smolianski, Chief Technology Officer for the District of Columbia Courts (DC Courts) about their five year strategic plan that they are successfully communicating and monitoring through the use of scorecards and dashboards. They are making fantastic progress in supporting their constituents and openly reporting progress on their plan. Following are some of the interesting points covered in our interview about DC Courts’ vision and how they are using Oracle Scorecard and Strategy Management to attain that vision.

Peter began by giving our listeners a brief overview of DC Courts and why they are so unique. In summary, they are a federally funded organization whose judicial officers are confirmed by the President of the United States. They are a fully unified judiciary, which means that they have municipal, county, and state level courts all managed together. They handle probation, mediation, and marriage services within the courts - unlike many other U.S. court systems where such services are all completely separate. DC Courts has 1,500 employees, 150 judges, and processes about 150,000 new filings each year comprised of civil litigations, landlord and tenant cases, small claims, criminal, family, probate, tax cases, domestic violence, and more.

DC Courts is one of the very few courts that has implemented scorecards and has a publicly published 5 year strategic plan. Why is this so unique? “There is no legal requirement to publish a strategic plan,” said Peter. He then told us about the National Center for State Courts (NCSC), an organization that helps to define standards and measures for Trial Court and Appellate courts, including recommended performance management standards, best practices, and Key Performance Indicators. “Courts are not mandated or required to institute these standards,” he said. 




So why are they doing it? DC Courts Executive Office established the Office of Strategic Management to help them set, administer and monitor their strategic plan and related activities. The purpose of each 5 year plan is to improve court proceedings and processes. By reporting this to their constituents, they are demonstrating responsibility to constituents and also providing themselves with a structured way to improve, complete with accountability built in.
As publishing a five year plan and scorecard is unique in this field, I asked Peter to describe what parties were involved from DC Courts and where the data comes from?

Peter told us the following. “Research and Development is the group responsible for developing the measures and for conducting surveys [to get data]. The office of Strategic Management develops the strategic plan. It is responsible to provide the data and deliver reporting – in this case personalized dashboards with scorecard results included. And recipients of the results are responsible to enter data that is not available through other court or IT systems.” Peter also told us that an unexpected benefit was the ability to show scorecard performance on personalized dashboards for each of the executives. “This is a really welcome benefit to help each of the executives analyze and monitor performance of interest to them,” said Peter.

There is so much more to the interview, but my final question to Peter was about what he felt the #1 lesson learned was by DC Courts when they implemented Oracle Scorecard and Strategy Management. His reply was very insightful. “Scorecards are a tool to implement what you have already built with respect to strategy and KPIs. You need to know what you have now and what you want to do in the future. The tool does not help you if you don’t have a strategy. Oracle Scorecard and Strategy Management enables you to automate your approach. Either select the Norton and Kaplan Balanced scorecard framework or another approach, but you need to follow an approach to effectively execute your strategy.”

Great advice! DC Courts are making some great strides in setting strategy and executing on it, and are really setting the bar for other US Courts.

To listen to the entire podcast, click here.

To learn more about Oracle Scorecard and Strategy Management (OSSM), click here.

Friday Aug 02, 2013

Report from OpenWorld Shanghai

Oracle OpenWorld Shanghai 2013 was held July 22nd – 25th at the International Expo Center in Shanghai, China. The conference drew over 19,000 attendees from 44 countries. In addition, 580 CxOs attended the Executive Edge program, and 430+ partners attended the Oracle Partner Network Exchange. The conference included a number of sessions on Big Data, Business Analytics, Business Intelligence and Enterprise Performance Management delivered by Oracle, our partners and customers. 


Shanghai Skyline
I had the pleasure to attend the conference and delivered three sessions focused on Oracle’s Hyperion Enterprise Performance Management (EPM) applications. Each of my sessions was well-attended, and in a few cases was standing room only, so there is clearly a lot of interest in the China market in EPM. The EPM and BI demo pods in the DemoGrounds at the conference also received a lot of traffic. In addition to the conference sessions I delivered, I had several meetings with customers and partners in Shanghai.

These sessions and meetings I attended made clear the interest that customers in China have in improving their planning, management reporting, financial reporting, and profitability management processes. In fact, with the China Ministry of Finance now standardizing on XBRL for annual reporting across multiple agencies in China, there is a great opportunity here for our disclosure management application. One interesting finding is that the China market may not be ready for cloud-based applications as many companies are state-owned and have security concerns, so on-premise applications are likely to see continued demand.  

For more information about the Oracle OpenWorld China 2013 conference, please check the web  site: 

http://www.oracle.com/events/apac/cn/en/openworld/index.html

And don’t forget, Oracle OpenWorld San Francisco 2013 is just around the corner in September of 2013. Please check the web site for registration and content information: 

http://www.oracle.com/openworld/index.html


Shanghai Demo Grounds

About

This blog will highlight key EPM market trends, recent events and other news of interest to our field, customers and partners.

Search

Categories
Archives
« August 2013 »
SunMonTueWedThuFriSat
    
1
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
29
30
31
       
Today