Archive

Archive for the ‘Industry News’ Category

Industry News – Summer 2010

August 6th, 2010

IT Jobs Are Growing: Where is Business Intelligence?

The Bureau of Labor Statistics (BLS) is a fascinating organization, especially if you are a business intelligence (BI) practitioner. A part of the Department of Labor, it is the place where you go to look for labor economics and statistics within the federal government. The BLS not only “collects, processes, analyzes, and disseminates essential statistical data” but it supplies this data the other federal agencies, state and local governments and to the public at large.

Furthermore, periodically the BLS produces and publishes statistics that make businesses blink and the markets shudder. Who is unaware, these days, of the importance of the latest unemployment numbers as reported in the Current Population Survey , or consumer buying statistics as reported in the Consumer Expenditure Survey, or the rate of inflation as reported in the Consumer Price Index. All these, of course, are key deliverables of the Bureau of Labor Statistics.

Occasionally BLS reports on the state of labor – jobs – in certain industries or parts of the economy. It does this every two years through the publication of the Occupational Outlook Handbook, which includes a lot of information about the type of jobs, working conditions, employment outlook, wage projections, etc. for a large number of occupations. The latest version of the Occupational Outlook Handbook was released in December 2009 and covers the period 2008-2018.

With unemployment near the 10% mark, the Obama Administration has placed substantial emphasis on job creation. This is also politically important given the need to measure the impact of the stimulus package on this all-important indicator of economic growth. As a result, experts have been going over the Handbook with a fine-tooth comb as they look to identify the industries with the highest prospects for job creation. You can imagine that there still is much interest in clean energy and in healthcare.

Yet one of the most remarkable stories that the Handbook data is telling us has to do with the importance that information technology (IT) has had in job creation. What’s more, if you are to believe the BLS, not only have IT jobs grown rapidly in the period observed in the latest Occupational Employment Survey (1999-2008), but it is quite likely that there will be continued robust growth in IT jobs in the decade ahead.

According to the BLS, 688,000 new IT jobs were created between 1999 and 2008. That is an increase of 26% over the previous period. In addition, if you consider that overall employment grew 6.2% during the same period, it means that IT employment grew over four times as fast. Hence, it is important that we continue investing in this area at a healthy clip.

Now, to truly understand what is happening in IT jobs, you must be able to decipher BLS-speak and their interesting occupational classification. IT jobs are included under the major occupational group named “Professional and Related,” which includes architects, engineers, lawyers, social workers, physicians, nurses and the like. This occupational group, by the way, is projected to be the fastest growing major occupational group (17%) and is forecasted to add about 5.2 million new jobs to the economy in the 2008-2018 decade.

The specific category we want to focus on is that called “computer and mathematical science,” which, as mentioned, is projected to add almost 785,700 new jobs as a group. The BLS states that it is expected to grow at over twice the rate of all other occupations. Why? Because “Demand for workers in computer and mathematical occupations will be driven by the continuing need for businesses, government agencies, and other organizations to adopt and utilize the latest technologies.”

So far so good, but what exactly are these professions? The BLS has integrated the following into the “computer and mathematical science” grouping: actuaries, computer network, systems and database administrators, computer scientists, computer software engineers and computer programmers, computer support specialists, computer systems analysts, mathematicians, operations research analysts and statisticians.

Business intelligence practitioners apparently may fall into any one of a combination of these including the operations research analyst or statistician professions. Given the nature of business intelligence, it is quite understandable, but it may be something the emerging BI community may want to ponder at some point in the future.

That said let’s comment on two other aspects of the IT jobs forecast. The first is that apparently the strong showing caught a number of labor analysts by surprise. There seems to have been many who were concerned that the offshoring phenomenon and the tail of the dot-com bubble bursting would have a much more significant impact. While it is clear that some IT jobs have been outsourced overseas, these were somewhat limited to the programming area, where jobs declined 25% in the last ten years. But the tremendous growth in jobs in two other IT occupation types substantially attenuated that decline. First is jobs that require workers to be either on site or close by, such as network administrators and comput¬er support specialists. The other type includes the higher skilled jobs, such as computer engineers or software and application engineers. These, by the way, also happen to be higher paying and hence also accounted for a new increase in average earnings for IT jobs.

Second, where exactly are the new jobs going to be created? Well, “network systems and data communications analysts” as a group are forecasted to be the second fastest growing occupation (53%) in the 2008-2018 period and “computer software engineers, applications” is also in the Top 20 chart with an expected 34% growth rate. But in terms of actual job contribution to the economy, the BLS projects the following from the full roster of IT professions:

Source: Projections data from the National Employment Matrix, Bureau of Labor Statistics

Source: Projections data from the National Employment Matrix, Bureau of Labor Statistics

It is also important to note that BLS does talk to the fact that the public sector at all levels – federal, state and local governments – will play a role through the establishment of policies that will increase demand for IT jobs. Already in 2008 and 2009, the stimulus package and health reform had a strong influence.

In summary, as we BI practitioners look to the job market as a factor in economic or social analysis, it is important to have a sense of how the IT professions themselves are performing in these times.

This BI Insight news item contains information from an article by Dr. Barquin. Dr. Barquin is the President of Barquin International, a consulting firm, since 1994. He specializes in developing information systems strategies, particularly data warehousing, customer relationship management, business intelligence and knowledge management, for public and private sector enterprises. He has consulted for the U.S. Military, many government agencies and international governments and corporations.

Dr. Barquin is a member of the E-Gov (Electronic Government) Advisory Board, and chair of its knowledge management conference series; member of the Digital Government Institute Advisory Board; and has been the Program Chair for E-Government and Knowledge Management programs at the Brookings Institution. He was also the co-founder and first president of The Data Warehousing Institute, and president of the Computer Ethics Institute. His PhD is from MIT. Dr. Barquin can be reached at rbarquin@barquin.com

Integration of Performance Module for Google AdWords with NetSuite’s Cloud Computing Platform Announced by myDials

myDIALS, a provider of SaaS performance management solutions, recently announced the integration of its myDIALS Performance Module for Google AdWords with the NetSuite cloud computing platform. The myDIALS Performance Module, which measures the effectiveness of AdWords paid search campaigns, is an extension of the myDIALS operational business intelligence solution that was integrated with NetSuite this past April. Built using NetSuite’s SuiteCloud development platform, the combined solution helps online marketers see the true ROI of their Google AdWords campaigns by combining performance metrics from NetSuite Ecommerce, CRM, and ERP, with metrics from Google AdWords. This leads to better marketing decisions and can boost Ecommerce sales.

“By combining AdWords metrics with the performance metrics contained in the myDIALS Performance Modules for NetSuite, we’re allowing joint customers to tune their marketing campaigns to deliver higher revenue and profits,” said Wayne Morris, CEO of myDIALS. “Because these myDIALS Performance Modules can be deployed so quickly, the improved ROI of marketing campaigns – and the ROI of operational business intelligence – begin almost immediately.”

The myDIALS Performance Module for Google AdWords lets online marketers deploy in a single day the capability to see and analyze revenue and gross profits from their AdWords paid search campaigns. Results are presented within the NetSuite environment through the tightly integrated myDIALS dashboards. By applying myDIALS analytical capabilities and scenario analysis to the combined metrics, the combined solution helps executives make better business decisions based on more detailed and relevant information.
Working With NetSuite
The myDIALS Performance Module for Google AdWords and the associated myDIALS Connector for Google AdWords can be deployed in a single day to add functionality to the myDIALS Performance Module for NetSuite announced in April. Together, they analyze Google AdWords metrics, along with operational Key Performance Indicators (KPIs). The integrated solution extends NetSuite to help companies increase business efficiencies, business performance, and ROI on their marketing campaigns.

“As more companies spend ever greater amounts of money on paid search, it becomes increasingly important that they can determine the true ROI of AdWords marketing campaigns,” said Guido Haarmans, NetSuite’s Vice President Developer Programs. “The combination of myDIALS, NetSuite, and Google AdWords provides the ability to track costs from impression to profit so that AdWords become an integral part of a highly optimized marketing effort.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Informatica Platform Provides Competitive Advantage for Dean Health Plan

Informatica Corporation, an independent provider of data integration software, announced that Dean Health Plan, one of the largest and most diversified health maintenance organization (HMO) in the Midwest, has standardized on the Informatica Platform.

Dean Health Plan is implementing a single integrated claims administration system to streamline claims management, adjudication and reporting. The implementation has reduced latency of critical information from a matter of weeks to a day or less. Dean Health Plan now enjoys quicker reaction time, effective claims trends and information requests across a network of more than 2,000 healthcare practitioners, 80 clinic sites and 26 plan hospitals.

After their initial data warehouse deployment in 2001, Dean Health Plan has selected the Informatica Platform as “the solution of choice” for data integration, movement and synchronization.

The Informatica Platform powers the successful, low-risk migration of claims data from a legacy mainframe environment to a modern HIPAA-ready EDS Metavance claims system.

The business benefits for Dean Health Plan include a faster, more efficient process for submitting patient referral requests that has helped enhance practitioner efficiency; reduced administrative costs; and improved patient satisfaction. The IT benefits include increased IT agility in the face of business and regulatory change requests from the government for new types of information within frequently tight timeframes. The Informatica Platform also enables the company to respond quickly and cost-effectively to requests through the extensive use of reusability and automation built into the Informatica Platform.

This BI Insight news item contains information from a recent press release by the company mentioned.

Industry News

Industry News – June 2010

July 1st, 2010

Information Builders and Systech Announce

New York, NY – Month, Day, 2010 – Information Builders, an independent leader in business intelligence (BI) solutions, today reiterated that it has partnered with Systech Solutions, Inc. to strengthen the ability to help customers extend their overall BI and Analytics capabilities on the Information Builders platform.

The partnership will allow small-to-medium and mid-market businesses (SMB) in the West, Southwest and Mid west regions gain a competitive edge while getting the most value out of IT investments.

“Over the last few years, we have seen significant shifts in the expectations of end users and their relationship with enterprise software,” said Gerald Cohen, CEO, Information Builders. “We provide an integrated solution that allows customers a completely integrated solution for gaining timely and trusted information to achieve positive business outcomes.  Systech Solutions, Inc. allows the use of unified business intelligence to help companies address their biggest challenges, and make use of business opportunities.

The best-of-breed combination of Information Builders software and Systech’s expertise in custom solutions for the media and entertainment, CPG & retail, gaming, hospitality, and financial services is expected to make a powerful offering in the SMB market.

Working with Systech will not only help provide millions of Information Builders users around the world an ideal BI fit for unique business models, but will also help leverage Systech’s offshore development center for cost effective and speedy implementations.

As an Information Builders’ partner, Systech will be the go-to partner in offering consulting and implementation teams. Information Builders will train and certify technical and sales staff at Systech and provide ongoing technical support to ensure an ideal customer experience. In addition, the two companies will engage in targeted marketing activities to drive greater awareness of Information Builders in Systech’s core markets.

About Information Builders

Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 16,000 customers for the past 35 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.
Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,350 people and has more than 250 business partners.

About Systech Solutions, Inc.

Systech Solutions, Inc. a leading Business Intelligence Services provider, delivering complete and custom solutions/implementations. Systech leverages the power of data and information to eliminate sources of inefficiency in your business process, reducing time and increasing revenue.

Founded in 1993, Los Angeles-based Systech Solutions has grown internationally with bases in the United States and in India. This incredible growth story has resulted in Systech being named one of the Fastest Growing Companies in America for two consecutive years by Inc. Magazine. To offer its clients cost-effective solutions, Systech established an Offshore Technology Center as well as Systech Academy in Chennai, India – specializing in Data Warehousing, Data Integration and Business Intelligence.

This BI Insight news item contains information from a recent press release by the company mentioned.

Wall Street steps up analytics spending

Over 90% of Wall Street firms expect to increase spending on analytics over the next year, with risk and compliance the areas most likely to see greater investment, according to a survey from IBM and Sifma.

The poll of nearly 250 business and IT Wall Street professionals shows firms are increasing their focus on systemic risk strategies as they prepare to meet the government’s increased transparency demands.

Of all regulatory activities, systemic risk was chosen by 55% of respondents to be the largest driver of IT investments. Building on that trend, risk analytics for compliance was ranked as the top analytics investment opportunity, at 37%, beating out categories such as analytics for client segmentation, on 21% and external fraud, 13%.

IBM says concerns about the economy are beginning to wane as for the first time since the 2008 financial collapse, prompting firms to revisit the use of IT to promote organisational sustainability.

Key priorities include innovating processes around trading, portfolio management and risk management but, surprisingly, client relationship management ranked last out of 17 categories with backing from only two per cent. Almost half of respondents expect 20% to 30% of their technology budget to be allocated for ‘transformational initiatives’ in 2010 and 2011.

Meanwhile, 90% of participants expect to outsource one or more of their processes this year with compliance reporting and analytics for risk the most likely fields.

Despite the positive technology investment outlook, Wall Street professionals cite lack of IT staff and high implementation costs as the biggest inhibitors for technology implementation, consistent with findings for last year. To overcome some of these challenges, the industry is showing a larger appetite for disruptive technologies such as cloud computing – 61% – to force business model change.

Shanker Ramamurthy, GM, IBM Financial Services Sector, says: “Coming out of the largest financial crisis in modern day history, there has never been a more important time for firms to capitalise on technology investments to make sense of the data and gain a more sophisticated understanding of risks. The road to recovery is built on infusing intelligence across operations, streamlining costs and getting back to basics so that firms once again focus on innovation and growth.”

Tom Price, MD, Sifma, adds: “Having the right technology in place is more essential than ever in efforts to monitor risk across firms and ensure regulators can identify and address potential problems before they escalate.”

This BI Insight news item contains information from a recent press release by the company mentioned.

MicroStrategy to Initiate High Performance Testing on Netezza Data Warehouse Appliance

McLean, Va., June 21, 2010 – MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, and Netezza Corporation (NYSE: NZ), a global leader in data warehouse, analytic, and monitoring appliances, today announced the delivery of a state-of-the-art Netezza data warehouse appliance to MicroStrategy. MicroStrategy will conduct high-volume, high-scale tests on the Netezza appliance as part of its High Performance initiative launched earlier this year.
Netezza has provided a TwinFin data warehouse and analytics appliance with more than 100 terabytes of user data capacity to MicroStrategy’s High Performance and Scalability Lab. MicroStrategy’s Performance Engineering team will use the Netezza appliance to run hundreds of large-scale tests to research, identify, and resolve potential performance obstacles for customers.

MicroStrategy’s High Performance initiative includes the formation of its High Performance and Scalability Lab, the creation of a dedicated Performance Engineering team, and specific R&D efforts solely focused on providing MicroStrategy customers with the highest levels of performance for BI applications of all sizes. With its high performance initiative, MicroStrategy plans to deliver up to 10x faster BI applications, provide faster than 3-second response times for most predictable queries and analyses, and provide faster than 5-second response times for the majority of ad hoc queries.

The combination of MicroStrategy and Netezza enables joint customers to perform advanced analytics on large volumes of data with maximum performance. Approximately one-third of Netezza’s customers use MicroStrategy for their business intelligence requirements. Mutual customers of MicroStrategy and Netezza include: Ahold, AutoTrader.com, Burlington Coat Factory, Con-way Freight, LoanPerformance, Pacific Sunwear, Ryder System, and Thomas Cook.

“Netezza is delighted to provide MicroStrategy with the TwinFin data warehouse appliance, which is designed for rapid analysis of extremely high data volumes,” said Matt Rollender, Director of Strategic and Technology Partnerships at Netezza. “The complementary technologies of MicroStrategy and Netezza provide leading enterprises with the power to analyze expanding data warehouses and distribute actionable information to thousands of diverse users.”

“MicroStrategy and Netezza have a strong business and technology relationship focused on providing customers with high performance and scalability at a low total cost of ownership,” said Sanju Bansal, MicroStrategy’s COO. “The new TwinFin appliance from Netezza represents a significant addition to our High Performance and Scalability Lab and to our major initiative to deliver even greater enhancements in performance and scalability for our customers’ enterprise-wide BI deployments.”

About Netezza Corporation

Netezza Corporation (NYSE: NZ) is the global leader in data warehouse, analytic and monitoring appliances that dramatically simplify high-performance analytics across an extended enterprise. Netezza’s technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today’s data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. Netezza is headquartered in Marlborough, Massachusetts and has offices in Northern Virginia, the United Kingdom, Germany, France, Japan, Korea, Australia and Singapore.

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability.

This BI Insight news item contains information from a recent press release by the company mentioned.

Industry News , , , , ,

Industry News – May 2010

May 27th, 2010

MicroStrategy Announces Beta Release of iPhone Apps Development Platform

MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it will offer a mobile application platform for developing and deploying iPhone Apps.

MicroStrategy Mobile for iPhone offers a new way to develop and deploy iPhone Apps that is faster, easier, and more maintainable than using traditional Integrated Development Environments. MicroStrategy Mobile for iPhone offers the following benefits:

  • Reduces the time to develop new iPhone Apps − MicroStrategy’s mobile app platform includes the infrastructure needed to support each new iPhone App, so application developers only need to focus on creating the user experience and not on the back-end infrastructure.
  • Easy for non-developers to create professional iPhone − MicroStrategy’s iPhone applications do not require any coding. Using MicroStrategy’s mobile app platform, iPhone Apps are assembled in a point-and-click fashion. App creators can choose from an array of finely-designed, iPhone-optimized displays and controls.
  • Easy for companies to rapidly deploy iPhone App updates − MicroStrategy’s mobile app platform uses an on-demand form of application deployment called “in-stream” deployment. As soon as new or updated applications are ready, they are instantly available to iPhone users directly from MicroStrategy’s mobile app platform.

“Utilizing platforms that can easily assemble applications on mobile computing environments like Apple iPhone is the wave of the future,” said Mark Smith, CEO and EVP Research, Ventana Research. “MicroStrategy’s release of its new platform and capabilities will not only help to deliver world-class BI to Apple iPhone, but also make the assembly and publishing of a broader set of information-class applications much simpler to accomplish.”

Mobile BI applications represent a new breed of business applications that are simple-to-use, highly focused, and available whenever and wherever business is conducted. Business people no longer need to delay decision-making due to a lack of information or delay executing a transaction simply because they are away from their desks. Mobile applications delivered through Smart phones such as the iPhone have the potential to revolutionize business processes across every industry.

For example, mobile BI applications can:

  • Provide executives with real-time performance information 24 hours a day
  • Enable claims adjusters to complete claims immediately on site
  • Empower sales associates to offer discounts and cross-sell recommendations at the moment of the sale
  • Provide regional managers the ability to manage their stores, restaurants, bank branches, and other retail outlets
  • Deliver management information and guidance to franchise owners
  • Give plant managers up-to-the-minute data on plant operations
  • Allow inventory managers to reorder stock while managing the warehouse floor
  • Provide health care professionals with immediate access to patient test results

“MicroStrategy’s new mobile app platform will allow us to develop the vast majority of our iPhone Apps without coding,” said Terry Adams, Senior Director at Herbalife. “MicroStrategy’s platform approach to mobile application development will allow us to develop a series of business apps for the iPhone quickly and with less effort than building them from scratch using the Apple SDK.”

“MicroStrategy’s many years of experience in providing scalable, enterprise-class platform technology enables us to deliver a mobile application platform that is both industrial-strength and highly flexible,” said Sanju Bansal, MicroStrategy COO. “Our new mobile app platform gives companies the flexibility to create a broad array of intuitive business applications that seamlessly access back-end databases and systems, and delivers the same high performance and ease of management and administration that is expected from MicroStrategy.”

MicroStrategy is currently accepting applications for inclusion in its MicroStrategy Mobile for iPhone beta program

This BI Insight news item contains information from a recent press release by the company mentioned.

Oracle Upgrades CRM, Enhances Enterprise Forecasting Abilities

At a time when Gartner predicts companies will become obsessed with measuring the ROI of IT investments, Oracle has just upgraded its cloud-based customer relationship management system (CRM) to include advanced business analytics and forecasting abilities to better measure and increase enterprise productivity.

The emphasis with this new version of its customer relationship management system is on making money, or maximizing the potential to make money. And while Oracle says the new features will enhance productive selling time, the real value is the ‘deep’ information about the enterprise and its partners that it provides.

Enhanced Enterprise Forecasting

That information can come from many sources and channels. However, the bottom line here is the ability for enterprises to not only make general forecasts about future enterprise performance, but to give in-depth analysis of what channels are performing well.

Although there are a number of other upgrades, it is the forecasting abilities have really taken a step forward. Release 17 is now able to take historical and current forecasts, put them together with real time information and make new forecasts of ideal-world scenarios, actual achievements and quota forecasts.

It also aims to pull all the information covering the productivity of teams and team members together including what each team member is contributing to revenues and who amongst enterprise partners are performing.

Digging deep, it analyzes current and future deal registrations, fund and sales pipelines and in doing so enables users to identify top-performing partners and how they will perform in the future.

User Enhancements

Behind all this are a number of new user enhancements that make the cloud-based Release 17 more user-friendly. The new interface has increased the amount of information that can be displayed with users able to customize it for size and easy navigation to specified information.

The interface acts as a head-up display. This is customizable by the user making lists easier to manage and presents all the information about partners or clients on a single screen through which users can mine as deep as they need for the information they require.

Data migration has also been enhanced with automated data loading and migration. On one hand is Oracle Data Loader On Demand, which enables users to move large quantities of information around Release 17, and on the other, Oracle Migration Tool On Demand can export and import configuration details from one Release 17 environment to another.

Other new usability features include:

  • Automation of business process through workflows
  • New HTML editor for email marketing tool
  • Customizable client contact pages

Release 17 also comes with support for three additional languages including Portuguese and Norwegian on top of the 17 that it already supports. Oracle has also released an edition specifically for the life sciences.

This BI Insight news item contains information from a recent press release by the company mentioned.

Microsoft unveils SQL 2008 update, finally SQL 2008 R2 can support larger implementations

Microsoft has released to manufacturing Microsoft SQL Server 2008 R2, the new version of its relational database management system software, the company announced Wednesday.

The software, a major update of the SQL Server 2008 code base, has been in development for almost two years. Thus far, the developer version of the software has been downloaded more than 300,000 times, according to the company.

The R2 version updates the SQL Server 2008 in a number of ways, said Mark Linton, director within Microsoft’s application platform group.

One notable feature is the scale. A single SQL Server 2008 instance can now be run on up to 256 logical processors. Previously, a SQL Server instance could only scale up to 64 logical processors. It will also run on as much as two terabytes of working memory. This will pave the way for more large scale, enterprise deployments, Linton said.

The software also has been updated to work better in Microsoft’s Hyper-V virtualized environments. For instance, the virtualized instance of the software can be migrated from one server to another while continuing to run.

The software’s administration software has been updated as well. A new feature, called Utility Control Point, enables database administrators to manage the policies of entire farms of SQL Servers from a single console. “Through one control point, you can administrator your entire infrastructure through a standardized set of policies and tools,” Linton said.

The software also helps other Microsoft products in providing users with “self-service business intelligence,” Linton said. The software can provide live data for a new Microsoft Excel data analysis add-on call PowerPivot, which was designed to manipulate “millions of rows of data” quickly.

This BI Insight news item contains information from a recent press release by the company mentioned.

Industry News , , , , , , , , , ,

Industry News – Mar 2010

March 31st, 2010

IT Spending Expected to Rise in 2010

Global IT expenditure is expected to rise slightly this year for the first time since the onset of the global economic downturn, according to industry analyst Ovum. A survey of IT decision makers revealed that one third expect their budgets will increase in 2010. Despite this cautious optimism, there are signs that CIOs do not yet view IT as an engine for growth and that 2010 will mostly be a year of reckoning.

CIO attitudes towards IT spending vary by country and vertical industry, yet some important commonalities have emerged.

  • The rising sentiment that the global economy is starting to show signs of recovery is having a positive impact on planned IT budgets in 2010.
  • The perception gap between forecast and actual changes in IT expenditure has widened.
  • IT spending trends vary wildly by region, yet all vertical industries have suffered from lower IT spending compared to pre-recessionary levels.

The vast majority of enterprises will continue to experience flat (0%) budget growth in 2010.

Rhonda Ascierto, senior analyst at Ovum, said: “The survey data, while promising, does not translate into an IT spending recovery. “Realistically, the numbers more likely reflect the effect of previously deep budget cuts, during 2008 and the first half of 2009, which left many IT departments operating at ‘bare-bones’ capacity.”

Furthermore, the survey data shows that the proportion of CIOs that forecast slight decreases and significant increases in IT budgets remained unchanged last year.

Combined with the high percentage of respondents that will leave their IT budgets unchanged in 2010, which is rising slightly to 42%, it shows that many enterprises remain vulnerable and are uncertain about near-term business prospects.

The perception gap between forecast and actual changes in IT expenditure has widened

Decision makers are typically adept at forecasting IT spending trends: their predictions usually deviate 5% or less from actual IT budget expenditure.

However, Ovum’s survey shows that the perception gap between forecast and actual IT budget changes widened considerably last year, following the financial crisis of 2008.

“Clearly, the negative effects of the economic downturn were greater than expected and businesses were not prepared”, said Ms Ascierto.

“Many businesses made short-term cost savings by reducing their operational costs.

“The extent to which IT budgetary expectations were miscued in 2009 is likely to mar the collective psyche of IT decision makers today. The confidence of CIOs in their ability to predict IT spending with a reasonable level of accuracy has been splintered, if not shattered.

“Consequently, Ovum believes that 2010 will be a year of reckoning for IT expenditure.”

IT projects that are most likely to be readily green-lighted are those that do not require a forklift upgrade of existing IT systems and business processes, but rather those that make modifications within existing and proven boundaries in an incremental manner and in response to business changes.

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech helps clients to look for Business Intelligence solutions depending upon where they are in a BI deployment lifecycle. They are fashioned to ensure solutions that provide a roadway to success.

View Systech’s services that span across collaborative methodologies, knowledge transfer and technical services.

http://systechusa.com/services-and-products/

Oracle Announces Enterprise Healthcare Analytics to Improve the Quality of Patient Care

Oracle recently introduced an enterprise healthcare analytics solution that helps providers create a detailed, holistic and integrated view of their enterprise. The solution integrates data from electronic medical records, clinical departmental systems, patient accounting, ERP, research, and other source systems to help providers rapidly and cost effectively unlock value from their clinical and operational data. Oracle’s enterprise healthcare analytics solution provides a foundation upon which providers can use pre-built business intelligence, analytic, data mining, and performance management applications from Oracle and its partners. Oracle Healthcare Data Warehouse Foundation is a comprehensive, detailed data model specifically engineered for provider enterprise data warehousing that includes an expanding list of more than 1,000 entities and 12,000 attributes spanning the clinical, financial, operational, and research domains. The Oracle Healthcare Data Warehouse Foundation is designed for ease of use for analytic application developers and can be easily extended to accommodate a provider’s unique environment.
Oracle Operating Room Analytics is an analytic and performance management application that gives surgical services directors and surgical, anesthesia, and nursing leaders an enterprise view of operating room efficiency. This includes analysis of the case volumes, utilization rates, turnover times, as well as more than 200 pre-built operational efficiency measures, all of which can be easily customized and extended as new metrics are created.

An ecosystem of healthcare partners is already emerging that is expected to provide analytic applications built on Oracle’s enterprise healthcare analytics foundation. This includes:

  • Anthem Healthcare Intelligence for revenue cycle, service line, cost allocation, and productivity
  • Outcome Sciences for quality reporting and patient registries
  • Quantros for quality reporting, accreditation & compliance, and safety and risk management
  • VigiLanz for infection control, pharmacovigilance and practice guidance
  • Oracle’s Rapidly Expanding Suite of Business Intelligence Solutions Offers Healthcare Providers Key Benefits

A product approach — maturing healthcare sector moving away from customized, one-off solutions to more cost effective packaged options

Provider-specific data model — stable foundation for enterprise data warehouse allows providers to benefit from third-party data integration tools and analytic applications that help reduce time-to-value and overall cost

Optimized for ease of use — intuitive, well documented model lowers the cost, time and risk associated with custom development

Greater flexibility — model is able to accommodate customization if needed to meet providers’ individual needs

“Data aggregation infrastructure capabilities as outlined by Oracle are pivotal to advancing access to actionable knowledge for improving patient safety, quality of care, compliance and for furthering ARRA goals for meaningful use of data in these domains,” said Sanjaya Kumar, M.D., President and CEO, Quantros. “We see the relationship with Oracle and its new enterprise healthcare analytics infrastructure as key for rapidly integrating and empowering healthcare providers with the decision support tools and clinical business intelligence analytics required to identify, enact and continuously monitor the impact of interventions.”

“Once considered a luxury that few hospitals could afford, real-time patient safety monitoring is making it possible to detect adverse events, optimize outcomes and automatically send warning alerts to clinicians as they occur,” said David Goldsteen, M.D., Chairman & CEO, VigiLanz. “We expect Oracle’s new enterprise healthcare analytics to play a significant role in helping us further our mission to empower clinicians with timely information that helps optimize patient care.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech’s Healthcare Analytics solution helps integrate patient data across the enterprise and makes it available at the point-of-service to help providers improve customer service, reduce medical errors, improve productivity and enable patient-centric processes – the prerequisite for improving the care delivery process.

View various applications and benefits of Healthcare Analytics developed at Systech.

http://www.systechusa.com/healthcare-analytics/

Systech offers a number of innovative solutions based on Oracle Business Intelligence Enterprise Edition. Partnering with Oracle, Systech continues to help companies manage customer, workforce and financial information.

View Systech Solutions as a leader in the implementation of Oracle based Business Intelligence solutions

http://www.systechusa.com/oracle-bi/

MicroStrategy’s Free Reporting Package Provides Access to SAP BW 2010

MicroStrategy Incorporated a leading worldwide provider of business intelligence (BI) software, recently announced that its free reporting software package, MicroStrategy Reporting Suite, provides seamless access to SAP Business Information Warehouse (SAP BW) data. SAP BW is an online analytical processing system and data warehouse.

MicroStrategy Reporting Suite enables users to develop operational and analytical reports from SAP BW data and non-SAP data from an integrated BI interface. With MicroStrategy Reporting Suite, business users and IT professionals can quickly access SAP BW data to perform statistical and advanced analyses, run performance scorecards, and drill to investigate details, all from the same tool. MicroStrategy Reporting Suite extends SAP BW data analysis to more users, with its full-featured, intuitive interface and easy-to-use reports.

“MicroStrategy 9 brings to the table a range of methods to integrate with SAP, from supporting robust reporting, analytics, dashboards, and applications that access SAP BW to integrating BI into SAP Enterprise Portal,” said Mark Smith, CEO and EVP of Research, Ventana Research. “MicroStrategy enables the rapid integration and use of existing SAP BW InfoCubes and associated business queries that the user organization might have spent significant time to develop.”

With MicroStrategy Reporting Suite for SAP BW, business users are able to:

  • Visualize data using graphs and performance scorecards
  • Create rankings and time-based comparisons
  • Perform a complete range of business calculations and build advanced analytics against SAP BW data
  • Schedule reports to run to a personalized history list
  • View detailed information in tabular grid reports or visualize simple grid-and-graph dashboards in a single click
  • Run MDX queries against SAP BW without writing any code or scripts
    Run and personalize their own reports and analyses against SAP and non-SAP data

“We considered many BI products and found that MicroStrategy’s platform easily integrated with our SAP BW system,” said Luis Sanches, Controller, Grupo Media Capital. Roberto Costa, Director of Control Management of Grupo Media Capital, added, “The MicroStrategy platform has streamlined the management of business information for us, improving data comprehension and providing immediate access to information by month, product, and/or business unit, with a simple click of the mouse.”

“We’re currently using MicroStrategy for reporting and analysis of our sales and marketing data stored in SAP BW, and we plan to expand to supply chain monitoring and financial analysis next,” said Santiago Allande, Director of Systems and Processes, FAMIQ. “MicroStrategy’s native connections to SAP BW and flexibility to connect to a relational model, combined with the positive experience our end users have with MicroStrategy, makes this an excellent solution for us.”

MicroStrategy Reporting Suite is available via a free download and the license is perpetual, providing Web-based reporting of SAP BW data for up to 100 users at no charge. Free online training, free online support, and other free resources help to ensure rapid development and deployment.

“MicroStrategy’s BI platform is certified under the SAP Powered by NetWeaver program, which helps customers leverage their existing investments in SAP to build successful business intelligence applications,” said Sanju Bansal, MicroStrategy COO. “MicroStrategy Reporting Suite provides a user-friendly interface for business users to quickly uncover actionable insights from SAP BW data.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech has been weaving MicroStrategy’s award winning BI platform into its proven methodology for creating sophisticated Business Intelligence environments since 1998.

View Systech’s MicroStrategy Technology Practice

http://www.systechusa.com/microstrategy/

Industry News , , , , ,

Industry News – Feb 2010

February 23rd, 2010

Informatica Announces Data Integration Marketplace

Like Salesforce’s AppExchange for cloud computing, the idea behind the data integration marketplace is to enable its large community of developers and partners to share information and products such as mapplets, vertical solutions and connectors.

“This is a place where we can bring together the 52,000 developers in our community and allow them to showcase their wares,” said Tony Young, CIO at Informatica.

To ensure quality control, initially Informatica will be vetting what goes onto the marketplace to check code is viable. But once Marketplace is more established, it hopes to introduce certification programme and to adopt a peer review process with a start rating calibrating the success of the product and any documentation that goes with it.

“One of the unique things we’re doing is creating a marketplace for buyers to post what they want from sellers, such as a connection to an innocuous system that is not readily used by many people. People can go out and work on that for you,” said Young.

It is also an open platform and the products traded may not specifically be related to Informatica. The company is not aiming to make money from the venture, but hopes that creating an open platform for discussion among customers, partners and developers will provide useful feedback on future product directions and strategy.
The beta version is up and running now.

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech’s expertise in Informatica covers a variety of databases and integration software enabling us to deliver Informatica solutions across different platforms.

View Systech’s Informatica Technology Practice

http://www.systechusa.com/informatica/

Healthcare IT is Transforming from Supporting Administrative Processes to Supporting Patient Care, Survey Says

Inadequate focus on reliable IT infrastructures will hobble healthcare organizations’ efforts to automate critical operations to improve patient care while cutting costs, according to a commissioned study of 102 U.S. healthcare IT professionals conducted by Forrester Consulting on behalf of Stratus Technologies. Server Availability Trends in the Time of Electronic Health Records: What the Move to Paperless Medical Records Means for Server Reliability finds that, despite debate on the rate of growth or barriers to adoption, EHRs are growing and here to stay. This is transforming the role of IT — and the IT organization — from supporting administrative processes to supporting patient care.

Policy makers, patient advocates and healthcare companies themselves agree that electronic patient records and care management systems will improve treatment by reducing error rates and costly duplication. A focus on front-end applications and the handheld devices they run on, however, has overshadowed the server and network layers of the IT infrastructure, where the critical data processing and retrieval will occur, the study said. Without highly reliable server infrastructures, patient information systems are likely to perform poorly and lead to frustrated medical personnel, lower quality care and lost revenues.

Although healthcare IT professionals are aware of their needs at the server and network levels, they face scant financial and staff resources for meeting them. “Healthcare IT professionals face significant challenges in maintaining server availability,” according to the study’s findings. “And the impact on the delivery of care and operations of the hospital or physician practice were significant, ranging from overtaxed and disgruntled medical staff to delays in patient care. Availability has become an imperative, yet health care IT professionals struggle to meet the challenge,” the study said.

The survey recommends a three-pronged strategy for developing a durable, reliable server infrastructure:
• Assess your entire server portfolio and identify critical and key points of failure that impact care. Identify the function and the process role of each server and assign a rating to the impact of a failure.
• Develop a strategy for server availability around a solid set of tools that minimize the cost impact.
• Align with a vendor that understands health care’s requirements for availability. Sixty-eight percent of survey respondents felt that having a server vendor that understood the health care sector’s unique needs was a critically important factor to them.
“Between the focus on health care at the national level and the federal funds available, there may never be a better time for healthcare organizations to convert to electronic healthcare records,” said Karen Ramirez, Stratus healthcare sales executive. “They have a lot of anxiety about how to do it correctly and within their means. With the right combination of forethought, planning and product selection, healthcare IT can provide the reliability and performance that patient healthcare applications need to deliver cost savings and better quality care.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech’s Healthcare Analytics solution helps integrate patient data across the enterprise and makes it available at the point-of-service to help providers improve customer service, reduce medical errors, improve productivity and enable patient-centric processes – the prerequisite for improving the care delivery process.

View various applications and benefits of Healthcare Analytics developed at Systech.

http://www.systechusa.com/healthcare-analytics/

Gartner Identifies Four Information Management Roles IT Departments Need to Remain Effective for 2010

Gartner, Inc. has identified four information-management roles that IT departments need to establish and recruit from outside the IT team in a major trend that will affect both IT and business.

“Over the next two years, business demand for IT-driven growth and innovation will outstrip the supply of qualified people to fulfill job roles and as result traditional IT tasks are moving outside the IT department,” said Debra Logan, vice president and distinguished analyst at Gartner. “The future of IT lies outside the IT department. Increasingly CIOs are coming from “the business” and “users” are taking control of their own information delivery infrastructure.” By the end of 2010, Gartner predicts that 40 percent of people who report into IT in a matrixed fashion or directly will have substantial business and non-IT experience.

Organizations need staff with different skills from the ones they were originally hired for. These are not IT people as organizations know them. “Staying relevant in this changing environment will require a new way of thinking about organizational models and staffing in IT projects,” added Ms Logan. The four job roles that IT will need to support within the business or within IT are:

Legal and IT Hybrids
Gartner predicts that 20 percent of Global 2000 companies will add the role of litigation support manager by 2010, up from less than 5 percent in 2005. Legal and IT hybrids create policies and schedules, help design and execute discovery exercises for regulators, and mediate between legal and IT departments. Organizations can fulfill the role by retraining security professionals in law or giving legal professionals some IT training.

“IT leaders with responsibility for information management have been in a stalemate for more than five years over what to do about legacy information, how long information should be kept, and what the legal precedent is for doing so,” said Ms Logan. “The lawyers won’t tell companies what to do, but they won’t listen to anyone but other lawyers. The records managers want to implement retention schedules as they did in the paper world, and IT departments just want someone to tell them what to do with all the e-mail that is bringing their exchange servers to their knees and all the personal folders clogging the storage devices.”

Digital Archivists
Digital archivists will be required to appraise arrange and preserve digital records for legal and regulatory purposes. Gartner expects around 15 percent of companies to add a digital-archivist role by 2012 compared with fewer than 1 percent in 2009. Suitable candidates can be found in library and information science (LIS) schools or existing employees nearing the end of their careers.

“Organizations typically have vast quantities of records, which require specialist expertise to access, appraise and preserve,” said Ms Logan. “This isn’t a job for conscientious users to perform if they have time; it requires training and expertise. If you have never heard of persistent uniform resource locators (PURLs), don’t know what PREservation Metadata: Implementation Strategies (PREMIS) is and are unaware that there are reasons why Portable Document Format (PDF) is not a suitable preservation format for e-mail, you need a digital curator.”

Business Information Managers
Twenty percent of business managers rated the information that they get from IT as poor, according to the Gartner Business Pulse survey conducted from June through August 2009*. “Information management has never been an explicit job role: IT manages the technology, business manages the domain, but who manages the information?” said Ms Logan. “Companies have allowed a huge gap to open up, and consequently, everyone has been the manager of their own information.”

There will be an increasing trend to combine business and information management expertise in a single role, carried out by a single person, rather than a “business and IT partnership” with two people, two hierarchies and two sets of reporting relationships. One company already taking this approach achieved all its objectives including a cost reduction for the department of 10 percent in the first year. Gartner expects 20 percent of companies to employ business information managers by 2013, compared with 5 percent in 2009.

Enterprise Information Architects
Within IT itself, enterprise information architects will be required to create taxonomies, document templates and data models. Gartner has observed several additional roles within the title of information architect, which has developed to include a mix of skills to enable both structured and unstructured content to be managed effectively. In some cases, the same person may fill more than one information architecture role, such as business-level information architect, data-integration architect, application-oriented information architect and content-oriented information architect. All these roles focus on adding structure and context to data so that the data can be leveraged to increase its value and maximise efficiency and reuse.

“Despite difficult economic conditions and disruptive technology, business and demographic trends, IT organizations have not changed their priorities or behaviors,” said Ms Logan. “If IT responds the way it always has, IT operations face obsolescence. The role of technology will now be to augment human contributions, rather than automate them. The only way to manage information better is to manage information better with people.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Industry News , , , , , ,

Industry News – Dec 2009

December 17th, 2009


Fordham University and IBM Launch Business Analytics Curriculum to Prepare Students for Careers

Fordham University and IBM are collaborating on a new business analytics curriculum to help prepare college students for careers in key industries such as energy and utilities, healthcare, education, transportation and public service that are expected to benefit from $1.8 trillion in global stimulus investments.

Businesses and governments are now driving transformation projects including smart grids that lower energy consumption, sensors that help reduce traffic congestion, electronic medical records for personalized healthcare and RFID tags that trace food and medicine for consumer safety. The digital infrastructures supporting these projects will generate enormous amounts of data requiring a skilled workforce to make sense of it in a meaningful way. For example, computing systems today are generating 15 petabytes of new information every day — eight times more than the combined information in all the libraries in the U.S.

In a recent IBM Global CIO Study, 83 percent of respondents identified business analytics — the ability to see patterns in vast amounts of data and extract actionable insights — as a top priority and a way in which they plan to enhance their competitiveness. As the adoption of business analytics grows within organizations, the need for analytics skills across all functions of a business rises as well.

“Analytics can vastly improve our lives and provide new job opportunities for college students entering the workforce,” said W. Raghupathi, Professor of Information Systems, Fordham University School of Business. “Fordham has a long history of collaboration with IBM that has brought innovative new skills to our curriculum to prepare students for future jobs. With this effort, Fordham is preparing students with marketable skills for a coming wave of jobs in healthcare, sustainability, and social services where analytics can be applied to everyday challenges.”

Fordham’s Schools of Business, which offers undergraduate and graduate programs in information and communication systems, is addressing the need with a first-of-its kind Business Analytics for Managers course based on IBM analytics technology. Beginning Spring 2010, students can register and get hands-on training in business intelligence, data analytics, data warehousing, data mining and online analytical processing (OLAP) techniques. Students will also learn managerial decision making and how analytics technology can improve the effectiveness of key business functions such as marketing, sales, finance, business development, human resources and manufacturing. Additional topics include:

Reporting: Students will become proficient at authoring, using and sharing any type of report — drawing on any data source — so they can present business analytics information in a consistent and easy-to-use way.

Analysis: Students will learn how to analyze and report against online analytical processing (OLAP) and dimensionally aware relational data sources. This will help them learn how to spot trends and see business issues from a variety of dimensions.

Score carding: Students will master the art of building easy-to-use scorecards to align teams and tactics with business strategy. They can communicate business goals company-wide and let people monitor performance against their targets.

Dashboards: Students will learn how to communicate complex information quickly using dashboards, which provide a single view of information that business professional, can use to make key decisions.

Business and governments alike are using the power of analytics to better manage the information explosion and make informed decisions to better serve customers and citizens.

This BI Insight news item contains information from a recent press release by the company mentioned.

Over the years Systech continues to develop skills, knowledge, work processes and technologies to effectively deliver BI solutions across the globe.

View Systech’s Training model and road to building leaders in BI

http://www.systechusa.com/training-model/


Kaleida Health Monitors Flu Cases with Oracle

Kaleida Health, the largest health care provider in Western New York, is monitoring daily cases of patients showing flu symptoms being treated across its five- hospital system with the help of business intelligence (BI) dashboard developed using Oracle Business Intelligence Suite Enterprise Edition (Oracle BI Suite EE).

The dashboard enables a team of 35 at Kaleida Health including hospital presidents, Chief Nursing Officers, Chief of Emergency Medicine, Chief Medical Officer, and others, to understand trends related to patients with flu symptoms, and track trends related to staff with flu-like symptoms.

Additionally, the dashboard tracks how the trending information impacts staffing levels at its hospitals, and report the number of cases of patients with flu symptoms to the New York State Department of Health.

The Flu Monitoring Dashboard is updated automatically daily and replaces previously manual efforts by hospital staff to track patients showing flu-like symptoms from reports run daily.

Flu Monitoring Dashboard Part of Broad BI and Analytics System Deployed by Kaleida Health

Kaleida Health’s Flu Monitoring Dashboard highlights:

Current in-house patients with flu symptoms in aggregate, per hospital and as a percentage compared to the total number of in-house patients across Kaleida Health hospitals;

Graphs tracking trends of patient visits to Emergency Departments with flu symptoms at each of Kaleida Health’s hospitals;

In-house patient and outpatient with flu symptoms trends over the last 13 months; and,

Total number of Kaleida Health employees calling in sick with flu-like symptoms by day, by role and by hospital

The Flu Monitoring Dashboard, prototyped and developed within a week’s time in September 2009, is just one of over 25 executive dashboards available to Kaleida Health’s management team via the organization’s “Magellan” Balanced Scorecard system, which is powered by Oracle BI Suite EE.

Magellan helps Kaleida Health’s management team monitor metrics and Key Performance Indicators across five categories: Financial, Quality, Staffing, Operational, and Growth and Strategic.

In addition to offering executives an accurate overview of daily operations and finances, the system’s dashboards helps guide strategic decision-making from exploring expansion and development of new lines of business, to physician recruitment and staff retention, and beyond.

Oracle BI Suite EE runs on top of an Oracle Database-powered data warehouse that includes data from various systems running at Kaleida Health including financial, billing, payroll and clinical applications.

Buffalo, New York-based Kaleida Health went into production with Oracle BI Suite EE in August 2009.

Magellan will be rolled out to over 600 employees across Kaleida Health in 2010.

“With the flu season starting up in early September, we were able to pull together all of the necessary information on a single dashboard page in about a week’s time,” said Dan Gerena, Director of Business Intelligence and Corporate Analytics, Kaleida Health. “It’s a very different paradigm for reporting now with Oracle BI Suite EE. It was a very quick process in terms of building the Flu Monitoring Dashboard, getting new users up and running, educating them on what the metrics are, and showing them how to access the dashboard.”

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech offers a number of innovative solutions based on Oracle Business Intelligence Enterprise Edition. Partnering with Oracle, Systech continues to help companies manage customer, workforce and financial information.

View Systech Solutions as a leader in the implementation of Oracle based Business Intelligence solutions

http://www.systechusa.com/oracle-bi/

Systech’s Healthcare Analytics solution helps integrate patient data across the enterprise and makes it available at the point-of-service to help providers improve customer service, reduce medical errors, improve productivity and enable patient-centric processes – the prerequisite for improving the care delivery process.

View various applications and benefits of Healthcare Analytics developed at Systech.

http://www.systechusa.com/healthcare-analytics/


Sunny Delight Leverages Trade Promotion Management to Strengthen Customer Profitability

Consumer Goods (CG) manufacturers rely heavily on trade funds to proactively shape demand, influence retailers and to collaborate on marketing programs that help drive consumer behavior. While the average shopper may not be aware of it, virtually every product placement, price reduction, and end cap has been funded by the manufacturer. For the average CG manufacturer, trade spending ranks second only to the cost of goods on the balance sheet and regardless of the recent recession trade spending has not decreased in most companies.

As a result, most consumer goods companies have implemented trade promotion management (TPM) solutions with the idea of improving trade spend, automating antiquated spreadsheets or creating a better planning and forecasting process. For Sunny Delight Beverages Co. (Sunny D), a leading producer of juice-based drinks in North America and Western Europe , it was all about customer profitability.

A Sunny New Direction

After spinning off from CG giant Proctor & Gamble, Sunny D suddenly found themselves a small fish in a big pond. As a new small-to-medium-sized business (SMB), it was imperative that Sunny D not only implement new technologies, but rather use them in a way that could exploit their position as a smaller CG manufacturer and help them to better compete with their much larger competitors.

The first step in the process for Sunny D was to integrate its TPM system with its broker’s network. In order to make this happen as quickly and as seamlessly as possible, Sunny D knew they needed to adopt the right trade promotion management solution – one that would tie into the broker network while improving synergies between TradeLync and Sunny D’s financial system. Sunny D also realized, like many other CG companies, that Excel spreadsheets were not the optimum way to communicate trade promotion and/or sales and reporting activities between the Company and its broker, Acosta. Consequently, and on the recommendation of Acosta who already uses MEI for trade promotion management, Sunny D began an intensive look at this TPM solution.

Customer Profitability Will Quench Your Thirst

After a fast implementation, Sunny D’s order management and ERP systems were feeding data to the new TPM application. However, they soon began to realize that there was a lot more to trade promotion management than improving and tracking overall trade spend, so they quickly shifted their overarching goal to improving customer profitability. If they could map revenue, trade promotions, cost of goods sold, logistics and any other variable customer-related costs to finance, they could also improve the overall efficiency and revenue of the Company. To do so, this model would require them to extend the use of the TPM solution throughout all of finance, product supply and logistics.

“By gaining small wins with the MEI trade system and then multiplying those wins on an enterprise-wide level, we could really drive change across the company,” commented Chris Miller, Sales Finance Manager. “We knew that combining various data and customer touch points would allow us to identify spend by customer and see how effective we are at driving specific financial contributions at the customer level.”

Managing cash is always a priority for SMBs and Sunny D is no exception. They needed to be specific when it came to incremental trade and be able to analyze which programs could be more profitable to the business. Miller stated, “When allocating incremental trade funding, we can analyze the data to determine the appropriate investment. We recently analyzed two very similar customers with slightly different profitability to determine why there was a delta. Using the MEI TPM suite across internal groups, we identified the difference in profitability was due to logistics; not necessarily in shipping costs, but in ‘lumper’ fees and late fees. After some discussions, the customer now picks up their orders saving both Sunny D and the customer a significant amount of budget. Being able to see trade spend and revenue per customer enabled the groups to perform an accurate analysis of the situation. This resulted in a win for Sunny D and the customer.”

The TPM solution helped in other ways too. For example, the Company sells to the Military though government approved distributors; consequently, they wouldn’t normally be able to track the end customer’s profitability. By leveraging the functionality of the MEI TPM solution, Sunny D is able to drill down and see how the distributors are loading their data, which – in turn – enables Miller to gain valuable insight into how the end user is buying the Company’s products.

Sunny D also uses the TPM solution to help analyze a company after an acquisition. During its recent acquisition of Veryfine, some of the product lines were considered unprofitable. However, using the MEI system, Sunny D was able to analyze the “spend per pack size” data and determine that trade spend was a lot more efficient than they initially realized. “The ability to see the details enables us to act faster to market conditions and make the best choices for the Company.”

Sunny D’s sales force is also using the TPM application. In fact, Miller stated they use contribution to maximize the efficient use of their customer’s trade funding by analyzing top-line revenue down to cost of goods sold. ”Our goal is to make our funds work as hard as possible to grow revenue for Sunny D and our retail partners.”

Since the implementation, Sunny D has seen a higher level of efficiencies across the board, and has enlisted the help of various departments to help strengthen profits. In fact, the trade promotion management application has already helped the company exceed initial goals for the implementation. Although Sunny D concentrates on customer profitability, they also reap the more standard rewards from trade promotion management technology including simplified budgeting, planning, accruals and volume- and spend forecasting. But it’s the smaller business mentality that Miller claims is the crux behind the Company’s successful use of its TPM technology. By fully utilizing all of the functionality of its TPM suite, Sunny D has successfully managed its business through a detailed view of customer profitability and by continuing to create wholesome beverages that meet the needs of their target audiences.

This BI Insight news item contains information from a recent press release by the company mentioned.

Systech provides cutting edge Cost Reduction and Profit Improvement solutions for Retail and CPG companies. Systech enables companies in uncovering hidden profit opportunities and in creating profitable revenue growth; quickly and easily.

View various applications and benefits of Profit Analytics developed at Systech.

http://www.systechusa.com/profit-analytics/

Industry News , , , , , , , , , ,

Industry News – Oct 2009

November 4th, 2009

Systech Solutions’ CFO nominated for best CFO Awards in San Fernando Valley’s Business Journal

Ashish Parikh, Chief Financial Officer for Systech Solutions Inc. was nominated for the best CFO Award in San Fernando Valley Business Journal.

San Fernando Valley Business Journal recognized the region’s financial professionals for their outstanding performance as company’s financial stewards. This annual event also recognized the importance of financial executives in the region who positively impact the business community.

Click to see Ashish’s profile.

Systech Solutions Inc. was twice awarded the fastest growing company in the region by San Fernando Valley Business Journal previously in 2001 and 2006.

Fashion Institute of Design & Merchandising Selects Talend and Smart i to Enhance Business Intelligence Capabilities

Talend today announced that the Fashion Institute of Design & Merchandising(FIDM), a private college dedicated to educating students for careers in fashion, graphics, interior design and entertainment industries, has chosen the

Smart i Appliance-powered by Talend Integration Suite’s Extract, Transform, Load (ETL) tool-to boost its business intelligence (BI) capabilities. The Smart i Appliance, collaboration between Talend, Key Information Systems, Systech Solutions and IBM, is a plug-and-play BI appliance based on IBM’s System I (AS/400) platform. Under the terms of the agreement, FIDM uses Talend’s transformation components-such as mapping, normalizing, sorting and aggregating-to cleanse, transform and load data into a new data warehouse.

“FIDM executives need to access up-to-date, reliable data from our systems to be able to make key business decisions,” said Roxanne Reynolds-Lair, chief information officer, FIDM. “Talend’s tool within the Smart i Appliance expedited our ETL processing, making it two to three times faster than before. This is a huge benefit for us, and it enables our team to retrieve accurate, timely reports that make a significant business impact.” FIDM’s previous ETL tool often experienced failed data transitions, proving it to be unreliable, leaving the organization’s CFO with day-old data and manual calculations. In addition, the support for the solution was lacking due to the vendor’s overseas location. When FIDM needed to expand its BI reporting functionality and make data processes more efficient, it turned to the Smart i Appliance, which includes Talend’s ETL tool running native on the IBM i. FIDM uses Talend to extract and load data as well as integrate all Talend jobs and control the overall data process flow. With Talend, FIDM’s BI reports are available much earlier, without any manual interface. In turn, updated information gathered through the system provides executives with accurate and timely reports, enabling them to make better informed business decisions.

“We are very excited to work with FIDM on its Smart i project. It truly leverages the benefits of Talend Integration Suite-an open, user-friendly solution that can make data processes more efficient for the leading fashion institution,” said Vincent Pineau, Talend’s vice president and general manager, Americas. “Organizations such as FIDM need consistent information in order to make strategic decisions. This is another example of how companies across any vertical industry can benefit from a scalable, cost-effective and enterprise-class data integration platform such as Talend.”

For implementation of the Smart i Appliance, FIDM relies on Systech Solutions, a business intelligence solutions provider and Talend partner. Systech, one of the leading U.S. professional services firms delivering customer-focused business intelligence solutions, entered a strategic partnership within the Talend

Alliance Program in early 2008. As a part of the agreement, Systech leverages Talend’s software to help develop and implement robust solutions for clients with extensive data integration needs.

Click learn more about Smart i

How Mobile Devices Change BI

The marriage of business intelligence to smartphones, mobile Internet devices (MIDs), netbooks, and other devices smaller than laptops will enable the industry to play an even greater role in how organizations handle their data. At the same time, however, mobilization of BI in general (and on small form factor devices in particular) raises key challenges and even forces a rethinking of precisely what BI is.

Mobilization to small devices changes BI in two ways: Sending large volumes of BI data to and from the field suggests that a broader range of employees are using BI, and these road warriors almost certainly have different job descriptions and responsibilities than the traditional “stationary” consumers of BI.

Although the democratization of BI benefits the enterprise, there is a contradictory reality in how this actually gets done. BI is data-intensive, but the mobile environment, even in the age of 3G and 4G networks, is based on scarce resources. Mobile networks pass data more slowly than corporate LANs. The spigot sporadically is turned off entirely. Even more significantly, smartphones, MIDs, and related devices have tiny screens. Throw in lower processing power and less memory than desktops and a world of challenges – and vendor opportunities – are born.

The importance of the trend even goes beyond the mobilization itself. Mobile devices serve as a conduit through which BI, in a general sense, more completely permeates the enterprise. “Research I conducted shows that companies both large and small are looking for ways to deliver BI and analytical functionality to more functions in their organizations and more roles in each function,” says Mike Lock, a research analyst for BI at the Aberdeen Group.

Santiago Becerra, the chairman of MeLLmo Inc., says that adjustments are necessary on three fronts: The user interface (i.e., the screen and how the user interacts with it), the backend infrastructure, and the connectivity between the two. MeLLmo offers a family of applications that bring BI to Apple’s iPhone.

The three are interrelated. For instance, data must be organized at the backend and sent in a manner that is optimal for devices’ limited horsepower, storage, and small display. This involves changes to every leg of the stool. Ways must be found to trim the transmission to the salient data. Because connectivity is not guaranteed, the system must be able to store necessary data and allow field forces to work offline and accomplish goals even in the absence of connectivity. New and creative ways must be found to display data and let users interact with it.

Mobile BI systems also must integrate with traditional functions found in mobile environments. For instance, the system must be designed to alert end users of updates through a variety of multimedia tools. In addition, mobilized employees are likely to be more action oriented and be dealing with issues that require immediate attention from different members inside and outside the organization, many of whom likely will be mobilized as well. Thus, there is a nascent tie between mobile BI and mobile unified communications.

Becerra says that the emphasis on action means that operational data that now often bypasses the BI platform must be routed through it. “In addition to delivering information, organizations are going to have to expand the system and create an interface for more operational BI for the rest of the organization,” he says. “This is a blurring a little bit of the traditional line between what is considered BI and what is reporting. Most of the information in companies ironically doesn’t flow through the BI system. The distribution of those reports typically is done in simple formats like .pdfs and Excel.”

Clearly, truly mobilizing BI involves far more fundamental changes than putting a new front-end on existing platforms. However, a complete change-out of existing systems – a “rip and replace” scenario – isn’t likely for those firms with substantial platforms in place. Conversely, it is important that companies just getting serious about BI plan their infrastructures with mobility in mind.

The bottom line is that the advent of small mobile devices is an important step in the evolution of BI, and incremental changes must be made to accommodate the new approach. “We are entering a whole new world,” Becerra says.

Healthcare Providers Expect IT to Improve Patient Care-Not Just Business, CompTIA Survey Finds

Healthcare providers realize that new technologies have to be adopted to improve their business, but the medical benefits of technology also are clearly in their sights, according to CompTIA’s Healthcare IT Market: Insights and Opportunities study.

The CompTIA study finds that 59 percent of healthcare providers are somewhat to very excited about the prospect of telemedicine and 79 percent are interested in portable tablet PCs for point-of-patient care. The survey, which was fielded during September 2009, included healthcare providers and IT firms that offer IT services to healthcare providers.

According to the study, three in four (74 percent) IT firms believe their healthcare clients are eager to incorporate new technologies into their practices and two in three (67 percent) believe that better care for patients is a major factor in their healthcare clients’ decision to adopt new technologies.

“As business owners, it comes as no surprise that healthcare providers are interested in the time savings and improved efficiencies offered by advanced IT,” said Tim Herbert, vice president of research, CompTIA. “However, among the study’s more significant findings is that both the healthcare and healthcare IT industries expect emerging technologies, such as electronic medical records, to better serve patients.”

Of the healthcare providers currently using electronic medical records (EMR) 82 percent cite better patient care as a major factor in their decision to adopt the technology. The other top factor, saving time/improving efficiency, rates almost identically at 83 percent. Fifty-seven percent of the healthcare providers using EMR say that compliance with regulations is a major factor in their adoption decision, 40 percent are motivated by cost savings and 37 percent are trying to keep pace with their competition.

CompTIA’s Healthcare IT Market: Insights and Opportunities study was conducted in two phases. Part one was conducted among a sample of 200 IT firms that do business in the healthcare market. Part two was conducted among a sample of 300 healthcare providers, including doctors, dentists, office managers and other healthcare practice staff. Both studies were fielded during September 2009. The full report will be available at no cost to CompTIA members. Go to the member area of CompTIA.org or contact research@comptia.org for more details.

Companies Maximize ERP by Integrating BI, Aberdeen Report Finds

The need to trim costs in these uncertain economic times is, in part, driving the adoption of enterprise resource planning (ERP) strategies. From managing financials and human resources to capital and inventory, ERP’s value has been tied to standardized business processes as well as information centralization.

The problem: ERP collects a mountain of data that often goes unanalyzed. To get the most from ERP, a new study from Aberdeen Group suggests integrating business intelligence into ERP deployments. As the report notes, “ERP investments can be increased dramatically through analysis of the consolidated data captured within and around the ERP system.”

Aberdeen’s study of 990 people looked at how companies achieved best-in-class performance by combining ERP and BI efforts. David Hatch and Cindy Jutras, co-authors of the Aberdeen study, used five key performance criteria to identify Best-in-Class companies value derived from combining ERP and BI. Such companies enjoyed:

  • Operating costs reduced by 17 percent
  • Administrative costs dropped by18 percent
  • Staff reduction (12 full-time employee positions were eliminated or employees were deployed elsewhere)
  • Closing monthly financials in less time (reduced to 3.7 days)

In contrast, for example, Industry Average companies cut operating costs by just 7 percent; Laggards actually saw their operating costs increase by 2 percent.

The analysts note how “Over the past three years, Aberdeen has watched as the need to reduce costs bubbled to the top as the primary business driver behind ERP strategies. Together with growth and customer service, these three [drivers] have dominated the pressures driving ERP implementation strategies.” ERP, they point out, “is often viewed as a necessary infrastructure.”

To bring “order to the potential chaos, perhaps the most significant of the extensions to ERP is business intelligence (BI). Think of it as a layer on top of or embedded within ERP and other applications which wind up being giant repositories of data.”

Hatch and Jutras warn enterprises not to think of BI and ERP as separate initiatives. In fact, ERP and BI projects have similar goals: “The top requirement of a BI deployment … coincides with the need to extract additional value from the relevant business data which is inherent to an ERP implementation. Improving the speed of access to this data is the key to transparency, visibility, and informed decision-making.”

What were the secrets of Best-in-Class companies in achieving their exceptional results? The report notes that to reduce costs and provide transparency through speed of access to business data, best-in-class companies “provide visibility across functions and departments pervasively across the enterprise, standardize business processes, and streamline and accelerate business processes.” Best-in-Class enterprises:

  • Provide decision-makers the ability to drill down from summary data to transactions that form the fiscal and operational audit trail; 67 percent of Best-in-Class companies provide drill-down into fiscal and operational audit trails versus just 38% for Laggards
  • Offer real-time visibility of all processes from quote to cash
  • Use ROI estimates to justify ERP projects; ROI is designed to measure business value and measurement doesn’t stop after they have been achieved.
  • Integrate business intelligence with other enterprise applications
  • Provide self-service BI capabilities to stakeholders (so users are able to work with BI systems with a minimum of IT help)

“Companies that implement ERP solutions have two basic options when it comes to integrating BI capabilities”, states Hatch. “Our research has found that top performing companies are embedding BI within ERP solutions rather than deploying BI applications as separate implementations that ’sit on top’ of ERP systems.” Additional behaviors contribute to how Best-in-Class enterprises distinguish themselves. For example, they were more likely to standardize implementation of ERP across a potentially distributed enterprise (68 percent versus just 46 percent for Laggards). Best-in-Class companies have learned to maximize their use of ERP by using features familiar to them from their BI systems; they are more likely to use their ERP system to notify users in real time of exceptions occur (53 percent compared to just 33 percent of Average companies).

Based on its study, Aberdeen says its analysis of “Best-in-Class companies shows that a combination of capabilities are necessary to derive the most value from integrating and deploying BI within an ERP environment.”

The behavior of Best-in-Class companies is clearly paying off. Such companies “are achieving 100 percent (or greater) ROI faster than their peers, reaching this milestone on average within the first six months as opposed to timeframes that start at a year and go well beyond two years for Average and Laggard companies.”

The study advises all companies to take “an integrated approach to ERP and BI. Whether BI tools are currently embedded within your ERP solution, tightly integrated, bolted on after-the-fact, or non-existent, don’t treat ERP and BI as separate projects. Take the approach of using BI as a means to extract enhanced value from data within ERP (as well as other enterprise applications).”

Hatch and Jutras point out that “ERP can transform data into information but BI tools are required to complete the transformation from information to intelligence.”

Industry News , , , , , , , , , , , , , , , ,

Industry News – Summer 2009

September 4th, 2009

Systech Solutions launches Digital Media Analytics

Systech Solutions launches Industry specific Digital Media Analytics that leverages Systech’s experience and expertise in the Digital Media Industry. The analytical platform for this solution is built upon customer’s BI environment and provides ever-changing data about a website’s traffic patterns, revenue, conversion rate and other user trends and provides in-depth analytics such as:

  • Customer Segmentation
  • Customer Attitudinal Analysis
  • Ad Revenue Analysis
  • Marketing Campaign Scorecard
  • Promotion Response Analysis
  • Customer Loyalty & Attrition
  • Customer Lifetime Value Analysis
  • Click stream Analysis
  • Conversion Funnels
  • Risk Management

Arun Gollapudi, CEO, Systech Solutions, Inc. explains, “Since the start of 2007, people who spent time online have increased 9 times. Are all their actions utilized and optimized by the organizations? How do we leverage Digital Media Analytics to make better business decisions and drive value? Systech’s R&D groups and client engagements have given us excellent test bed to explore deep analytics for each of the business models employed by websites today. These results were distilled to formulate Systech’s Digital Media Solutions.”

This new venture will provide strategic, in-depth custom analysis for a spectrum of businesses in Digital Media such as User Generated Media, Social media, Search Marketing, Online Advertising, Mobile Web, Widgets, E-mail, Online Video Websites, Web 2.0, E-Commerce and Online Banking.

IBM to Acquire SPSS Inc. to Provide Clients Predictive Analytics Capabilities

IBM and SPSS Inc. have entered into a definitive merger agreement for IBM to acquire SPSS, a publicly-held company headquartered in Chicago. This acquisition is expected to further expand IBM’s Information on Demand (IOD) software portfolio and business analytics capabilities, including the range of offerings available through IBM’s recently-announced Business Analytics and Optimization Consulting organization and network of Analytics Solution Centers. The acquisition is also expected to strengthen IBM’s Information Agenda initiative, which helps companies turn information into a strategic asset. As companies attempt to control costs and use resources more wisely, IDC estimates that the worldwide market for business analytics software will swell to $25 billion this year, growing 4% over 2008.

IBM is expanding its focus on business analytics technology and services to meet growing client needs to cut costs, reduce risk, and increase profitability through predictive analytics capabilities, which include advanced data capture, data mining and statistical analysis. These capabilities help organizations analyze trends and patterns found in historical and current data to drive new forms of competitive advantage by predicting potential future outcomes and optimizing all elements of their businesses, including product and service offerings for customers.

Oracle Buys GoldenGate Software

Adds Leading Real-Time Data Integration Solution to Create Comprehensive Heterogeneous Data Integration Platform

Oracle has agreed to acquire GoldenGate Software, Inc., a leading provider of real-time data integration solutions enabling superior IT performance and enterprise decision making. The addition of technology from GoldenGate extends Oracle’s capabilities with a heterogeneous real-time data integration solution and adds functionality to maintain uptime of business-critical applications during migrations and upgrades. The combination of GoldenGate and Oracle is expected to create a comprehensive heterogeneous data integration platform. Customers are expected to benefit from enhanced real-time data movement, replication and synchronization across heterogeneous systems enabling improved business intelligence, while providing high availability of business-critical applications. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close later this year.

Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed. “The need to improve operating performance in a global 24×7 environment has led to the need for data integration to support real-time and high availability capabilities,” said Hasan Rizvi, senior vice president Oracle Fusion Middleware Product Development. “With the addition of GoldenGate, Oracle expects to help our customers achieve better performance through improved business intelligence and business continuity with real-time information.”

“Oracle and GoldenGate share a common vision to bring a comprehensive data integration solution to customers,” said Ali Kutay, GoldenGate Software, Inc. President & CEO. “Our partnership spans more than 10 years and now our joint vision can help companies make better decisions based on more timely, accurate information across multiple systems.”

Business Intelligence comes to the Kindle

Business Intelligence provider MicroStrategy announced that it will provide its business reports and dashboards on Amazon’s Kindle DX reader. While many thought the Kindle was just about reading novels, think again.

For those of you who don’t know anything about the Kindle, it’s a simple platform for downloading and reading books provided by Amazon. However, with applications like this beginning to appear, it’s now becoming a viable platform as well.

This makes sense for the business intelligence world since the ease-of-use of the Kindle, its built-in 3G connectivity, as well as its easy-to-read screen, makes it perfect for the executive on-the-go who needs business intelligence data delivered anywhere. The company already has an iPhone app to allow mobile access to reports and the dashboard, in case you were wondering.

What’s significant about this application, and others like it that will soon appear, is the marriage of the mobile world with business intelligence which has been a long time in coming. Indeed, this could mean a resurgence of interest in business intelligence as a tool that has much more power in a phone or a Kindle, than it does on a laptop screen.

Core to the issues with business intelligence has been ease-of-use and accessibility. Thus use of mobile platforms addresses those issues. Watch out for many more business intelligence applications to appear on mobile devices in the very near future.

Industry News , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Industry News – Jun 2009

June 30th, 2009

Systech launches New Applications for Category Management for CPG & Retail

Systech has developed a unique approach that combines its in-depth knowledge of customers’ business processes with expertise in BI solutions to create an analytical solution for Category Management for CPG & Retail.

Arun Gollapudi, CEO, Systech Solutions, Inc. explains, “Many CPG and Retail businesses are becoming victims of fluctuating dynamics in industry. Margin pressures are increasing and product lifecycles are shorter in a downturn. Systech has initiated a solution that would positively impact CPG and Retail businesses by collaboratively targeting profitable product and customer segments. We are confident this solution will provide advanced analytics to our clients at a competitive cost .”

The solution deals with the key applications of Category Management such as:

  • Assortment Planning
  • Inventory Management
  • Price Management
  • Supply Market Analysis
  • Market Comparison
  • Vendor Management
  • SKU Rationalization
  • Planogramming
  • Visual Merchandising
  • Monitor key metrics, analytics and scorecards

Systech’s application for Category Management would provide customers a solution to strategically manage categories and gain an insight to unlock additional saving.

Talend Launches Talend Integration Suite RTx

Talend, the recognized market leader in open source data integration software, recently announced the availability of Talend Integration Suite RTx, a new real-time data integration platform for enterprise application integration needs.

Based on Talend’s award winning, enterprise-grade data integration platform – Talend Integration Suite – the new solution allows IT organizations to accelerate the velocity of data across IT systems. With up-to-the-minute data, customers receive a higher level of data consistency across applications, providing more accurate decision making capabilities.

RTx provides organizations with benefits in many areas. For example, with RTx, companies can save time and money by developing and maintaining data integration processes in a fraction of the time and cost it takes with proprietary technologies. For online merchants, RTx provides the information necessary to make promotional offers on-the-fly, based on user behavior, resulting in more targeted offers with better response rates. RTx also improves customer service by synchronizing and maintaining data from multiple sources so that all stakeholders within an organization can access accurate information.

“The fast pace of business today means companies can’t rely on day-old or even hours-old data, and the speed at which IT delivers this data can be the difference between good and bad service, between a happy customer and a lost customer,” said Mark Madsen, president and founder of Third Nature, a technology research firm. “Integration today is mostly performed by hand-coded data movement processes developed by application programmers. Continued reliance on batch data movement and hand-coded integration is a recipe for failure. Companies that want to excel today need a real-time data integration infrastructure and progressive IT organizations are using data integration tools that combine real-time data movement with transformation and quality rules – without the laborious programming effort.”

MicroStrategy Incorporated Announces a Free Reporting Software Package

MicroStrategy Incorporated, a provider worldwide provider of business intelligence (BI) software, recently announced a free reporting software package for departmental BI applications. MicroStrategy Reporting Suite enables companies to use MicroStrategy’s integrated BI platform to develop and deploy premium, Web–based reporting applications, at no cost.

With this compelling new reporting package, MicroStrategy has eliminated cost and time impediments for departments and workgroups to initiate new reporting applications. Business users can simply visit the MicroStrategy Reporting Suite Web site, download the free software, and begin building their reporting applications, all in the same day.

MicroStrategy’s easy–to–use reporting software enables business users to quickly create the reports they need to gain critical insights into business data and make timely, analytically-based decisions. Users can view data in detailed tabular grid reports, graph data to analyze information quickly, drill-down to investigate root causes, make ad hoc queries, manage business performance with arithmetic and statistical metrics, and export data to Excel and PDF. When reporting requirements expand, companies can purchase licenses for more advanced report presentation,

Cindi Howson, Founder, BIScorecard: “Given the product capabilities, migration path, and support, it seems like a deal too good to be true… The appealing aspect [of the MicroStrategy Reporting Suite free offering] is that it provides customers with an easy entree into BI, without that entree being a total throw away. If customers later want to add dashboards or multi-source, for example, they don’t have to start over or migrate to a new product as is often the case with many departmental BI tools.”

SAS Institute highlights benefits BI could bring to education

Johannesburg, South Africa (24 Mar. 2009) – Education can benefit dramatically from advanced analytics and business intelligence (BI) tools, which will provide them with better student data management as well as predictive modelling for understanding future educational demands.

This is the view of Kevin Kemp, head of sales for the commercial division at SAS Institute South Africa, who highlighted the benefits of implementing a BI platform in a tertiary education environment, while speaking at the recent ITS Conference, in Johannesburg.

The conference, hosted by ITS at Emperors’ Palace, brought together users, administrators and financial managers from the education sector and focused on the use of software solutions and technology in the future of education. ITS is a software company with a legacy of more than 20 years’ experience in administration software development for the education sector.

“Implementing a BI solution in an academic environment needs to start with a strong base infrastructure, laying the foundation with data integration and then building intelligent storage and business intelligence on top of that platform,” says Kemp.

“Business intelligence in tertiary education can bring benefits embedded in student data management, HR and fee management, optimising the capacity of universities, trimming costs to make more money available for upgrades, increasing profits, improved marketing approaches and student retention, and could improve student support systems as well as online learning facilities.

“Universities handle incredible amounts of data, and being able to access that data in real-time, analyse reports, discover patterns and provide student support where it is needed, would increase student retention and smooth the running of the university.”

SAS Institute has already made a significant contribution towards education institutions, with a number of local success stories, including Walter Sisulu University, North West University and Unisa.

“Education is experiencing massive transformation, and holds the key to the future, to resolving the skills shortage and driving economic growth in South Africa. Technology and education need to be intertwined to take South African learners and education institutions into the future.

“In 2006, the education minister of Singapore used the slogan: ‘Thinking schools, learning nation’ in his annual address to the country. This is an approach that South Africa could seriously benefit from should it be adopted by our education system. By having technologically advanced places of learning, that run optimally like ‘thinking schools’, students will benefit from improved learning, educators can teach better and a nation can grow,” ends Kemp.

Industry News , , , , , , ,

Industry News – May 2009

May 27th, 2009

RoamBi Brings Business Intelligence to the iPhone

Mobile BI solution combines iPhone App, SaaS and on-premise offerings. System integrates with SAP BusinessObjects and Salesforce.com.

With its large screen and simple navigation, the iPhone is well suited to delivering charts, graphs and other types of data visualizations. It’s no surprise, then, that several leading business intelligence (BI) software vendors – including Oracle, SAP BusinessObjects and Information Builders – have added the iPhone to their mobile device support lists. The problem, Santiago Becerra contends, is that many of these solutions attempt to shrink reports designed for desktops onto tiny screens.

“The shrink-to-fit approach results in a lot of scrolling up and down, left and right, and shrinking and zooming to try to find the right information,” says Becerra, chairman and co-founder of MeLLmo, which provides the new RoamBi mobile BI system, announced May 19. Combining an iPhone app, a SaaS-based publishing site and an on-premise edition for enterprise deployments, RoamBi is said to offer superior visualization and navigation on the iPhone and an easy way to convert existing reports for mobile delivery.

“Instead of trying to read reports from left to right and top to bottom, as if you’re trying to read a spreadsheet through a straw, RoamBi converts a flat, static report into an interactive mini-analytic application for the iPhone,” Becerra says.

The RoamBi iPhone application, which is available as a free download from the iPhone app store, provides tables, pie charts and other views formatted specifically for the iPhone. By visiting the RoamBi Publisher at www.roambi.com, users can upload Excel spreadsheets, HTML tables, CSV files and Salesforce.com reports and select the styles of visualizations desired. The basic publishing options are free, but MeLLmo says premium SaaS-based services, such as third-party content/development partner offerings, will be launched later this year.

RoamBi Enterprise edition delivers the mobile solution as on-premise software that includes a Web/Flex-based RoamBi Designer and a RoamBi Server. The product currently supports secure, role-specific publishing of data from SAP BusinessObjects Web Intelligence and SAP BusinessObjects Crystal Reports as well as Microsoft Excel files. RoamBi Enterprise costs $10,000 per server plus $100 per user.

MeLLmo put a lot of emphasis on simplifying report development, so the Designer is said to read and interpret data and metadata and re-create existing reports automatically.

“If the system required users to re-create thousands of reports, it wouldn’t work. So a key goal was to protect investments in existing BI systems,” Becerra explains.

For now, there’s a limit to the specific investments that RoamBi can protect in that it only supports SAP BusinessObjects and Salesforce.com as data sources (beyond standard file formats). Becerra declined to detail what other BI systems the company might support and when those integrations might become available. The company also declined to spell out when RoamBi might support other smartphone platforms such as the RIM BlackBerry.

If Becerra’s track record is any indication, RoamBi is destined for growth. The executive was a co-founder of both Infommersion, which was sold along with its Xcelsius application to BusinessObjects, and Graphical Information, which was sold along with its Balanced Scorecard product to Oracle.

In-Memory BI Upgrades Point to Mainstream User Adoption

Both the TIBCO Spotfire 3.0 upgrade and SAP BusinessObjects Explorer release take first-generation in-memory products to a broader base of users.

New integrations, new scalability options and new data visualization options promise to bring TIBCO Spotfire 3.0 to a broader base of potential business intelligence consumers. Announced and released May 18, the 3.0 launch marks the latest in a series of major upgrades since Spotfire’s acquisition by TIBCO nearly two years ago. And like last week’s SAP BusinessObjects Explorer release, the upgrade represents the maturation of a once-nichey in-memory product into a mainstream BI offering.

In contrast to conventional BI tools, which query data on disk, in-memory products load data into random access memory (RAM) so users can quickly query and interact with information without extensive IT performance tuning and data preparation. Spotfire was introduced in the late 1990s as a visual data exploration tool used almost entirely by pharmaceutical and life sciences researchers. As has been the case for other in-memory products, Spotfire’s power and breadth of appeal have increased with the advent of multi-core, multi-threaded and 64-bit server technologies. Since its acquisition by TIBCO in May 2007, Spotfire has been enhanced with operational and predictive analytics, real-time data integrations and data mining capabilities.

The TIBCO Spotfire 3.0 upgrades announced today include prebuilt data integrations to SAP BW, SAP R/3, Salesforce.com, Siebel eBusiness Applications and Oracle E-Business Suite, in addition to a new Web services integration option. These connectors not only make it easier to integrate popular data sources, they also open up new data access and analysis options.

“Until recently we’ve been limited to accessing data from relational data sources and file-based locations,” admits TIBCO Spotfire product marketing manager Tim Wormus. “With 3.0 we’re expanding to full enterprise connectivity, and you can also model the data so you can connect multiple sources to build a federated data warehouse or analytics layer.” With Spotfire’s caching support, Wormus says you can pull data from production systems and let users query against the caching layer rather than mission-critical production systems.

Designed to support larger, enterprisewide deployments, the scalability features in the 3.0 release include load balancing and failover support as well as new deployment management and administrative controls. The Web-based configuration controls ease remote administration while the deployment management features simplify migration from development, test and production servers.

New analytics and visualizations introduced in TIBCO Spotfire 3.0 include treemaps, new scatterplots and error bars within bar and line charts that let you see the data behind the visualization. An added visualization toolkit is said to make it easier to build custom visualizations. “This extends our lead in our core competency of visually interactive, real-time analytics,” Wormus says.

The TIBCO Spotfire 3.0 release comes less than a week after SAP announced SAP BusinessObjects Explorer, a new product that blends the Internet-search-like Polestar query interface with the in-memory analysis capabilities of SAP’s Business Warehouse Accelerator (BWA) appliance. Introduced in 2006 as the Business Intelligence Accelerator, the BWA appliance is another in-memory product headed for mainstream use. The accelerated version of Explorer introduced last week is limited to accessing data in SAP BW, but a “second-wave” upgrade set to be introduced late this year or early next year is expected to access myriad data sources.

QlikTech QlikView and IBM Cognos TM1 (formerly Applix TM1) are two other venerable in-memory products. Several leading BI vendors have either recently added (MicroStrategy) or plan to add (Microsoft) in-memory analysis capabilities. Leading in-memory products and benefits were recently covered in “Insight at the Speed of Thought: Taking Advantage of In-Memory Analytics,” an in-depth report available as a free download (registration required) at the Intelligent Enterprise “Next-Era BI Tech Center.”

IBM ‘System S’ Promises New Era of Stream Processing

‘Perpetual analytics’ touted as the dynamic, real-time future of forward-looking analysis.

High-end analytics offer the power to predict, but those predictions may be based on warehouse-resident data that is hours, days or even weeks old. Although complex event processing technologies eliminate the data latency problem, they’re most often deployed in very limited, industry-specific applications. Addressing these shortcomings and hoping to usher in a new era of real-time stream computing, IBM today unveiled today System S, a new platform designed to handle instantaneous analysis of hundreds or even thousands of high-volume data streams.

“We started from scratch and looked at the mathematics of the analytics, the programming language and the way in which applications are structured,” says Nagui Halim, the chief scientist behind System S. “The difference with System S is that the analytics are much more advanced and the applications are much more sophisticated in terms of what you can look at and how you express the programs.”

To be marketed under the product name InfoSphere Streams, System S is designed to support forward-looking “perpetual analytics” based on analysis of up to 6 gigabytes per second or 21,600 gigabytes per hour – the equivalent of all the Web pages on the Internet. What’s more, these analyses are continuously refined and dynamically react as data sources and underlying trends change.

“As the applications are processing, they can change how they operate,” Halim explains. “For example, as streams of data appear or disappear, we can introduce compensating actions and do [data] source selection on the fly. You can also send feedback to earlier parts of an application so it can dynamically tune how it processes the data.”

In development at IBM Research since 2003, System S is said to be both scalable ” from laptops to exotic supercomputers – and broadly applicable to industries such as manufacturing, retail, transportation, finance, and security and surveillance. The sweet spot for deployments will be on commodity clustered servers in the 10- to 50-blade range. The immediate focus will be on many of the same applications targeted by CEP vendors, including trade surveillance, fraud detection, market making and program trading applications at financial institutions.

Among the early beta customers of System S is TD Securities, which is said to be using the technology to ingest more than 5 million bits of trading data per microsecond to make faster financial trading decisions. Uppsala University and the Swedish Institute of Space Physics, meanwhile, are using System S to predict “space weather” such as solar winds that can have an impact on communications, energy transmission over power lines, airline and space travel, and satellites.

System S frees mathematicians to employ sophisticated analytic techniques such as micro clustering or support-vector machine analysis without proprietary restrictions, Halim says. And to allay fears that an entirely new platform might discourage would-be developers, IBM is making System S trial code available at no cost, and it will also offer developer tools, adapters and software for testing applications. The new development language, called Spade, is easy to pick up quickly, Halim says.

“We’ve worked with clients to help them learn the language, and we’ve found that within two to four weeks they can become productive,” Halim says. We haven’t found it to be a big barrier to entry because it employs familiar ways to express how the information is handled.”

IBM also announced today that it will open an IBM European Stream Computing Center in Dublin, Ireland, to provide customer support, testing and research capabilities for prospective European customers.

Oracle Extends Business Intelligence Applications Portfolio

Project Analytics and Loyalty Analytics apps round out the ERP- and CRM-integrated portfolio. Oracle stresses fast deployment and ongoing support.

Since acquiring Siebel in early 2006, Oracle has steadily built on that vendor’s collection of Siebel Analytics applications. With today’s 7.9.6 release of what are now called Oracle Business Intelligence Applications, the portfolio gains two more analytics apps as well as additional integrations and upgrades. With each app providing predefined ETL adapters, data warehouse schemas, and dashboards and reports, the appeal for many customers is fast-track deployment and ongoing support.

“These applications give you the technologies you need to pull information from Oracle and non-Oracle sources, do federated queries and present information in the right context,” says John O’Rourke, a vice president of marketing at Oracle. “At least 80 percent of what the customer needs is predefined, and they can then customize the dashboards and add links and metrics. The benefit is not only faster deployment but also lower ongoing cost of ownership, because we’re supporting the applications and keeping them in sync with transaction systems.”

The two new BI Applications are Project Analytics and Loyalty Analytics. The first is designed to help companies control project costs and performance by tracking budgets, forecasts, cost, revenue, billing, profitability, agreements, funding and project performance. The application is integrated with the project-management capabilities in Oracle E-Business Suite and PeopleSoft Enterprise. Government agencies, engineering and construction companies, and professional-services organizations are among the target customers.

The Loyalty Analytics application helps companies measure the effectiveness of customer and partner programs administered within the Siebel Loyalty Management application. “The analytic app lets you extract information out of transactional apps, summarize in a high-level dashboard and then drill down to understand underlying causes behind the trends,” O’Rourke says. “It’s a timely release, in that many companies are trying to maintain existing customers and win new customers in light of the economy.”

Release 7.9.6 also brings enhancements to Oracle’s existing Human Resources Analytics and Oracle Procurement and Spend Analytics applications. The HR app gains dashboards for talent management, learning management, recruiting, leave and absenteeism; the Procurement app now offers a Spend Analyzer and new employee expense and enhanced procurement dashboards.

Oracle says more than 2,000 customers use its BI Applications. Rivals including SAP BusinessObjects, IBM Cognos and SAS also offer analytic apps, though each with different levels of depth, breadth and support.

IBM Cognos Blueprints, for instance, provide frameworks that help you apply BI to a certain content area, “but they are not supported,” says AMR Research Analyst John Hagerty. “They are not standard products, and you’re on your own in terms of extending them and keeping them in sync with applications.”

SAP BusinessObjects is starting to build out analytic applications as part of its Enterprise Performance Management Framework, and that list includes Spend Analytics and Supply Chain Performance apps. “SAP doesn’t have the same breadth of applications that Oracle offers at this point,” Hagerty says.

SAS, in contrast, offers a range of “very deep and rich analytic applications in specific, industry-driven content areas,” Hagerty explains. Examples include drug discovery, warranty management and environmental impact management, and the apps offer ongoing support.

Meanwhile, observes Hagerty, “What Oracle is doing is more of a broad-brush approach, addressing the main content areas that ERP and CRM systems address.”

Integration with Oracle transactional applications is, indeed, a core appeal of the BI Apps. The 7.9.6 release includes a new integration between the Oracle Financial Analytics app and JD Edwards EnterpriseOne Financial Management. The release also updates existing integrations with Oracle E-Business Suite (11i10 and R12), PeopleSoft Enterprise 8.9 and 9.0, and Siebel CRM 8.0 and 8.1.1.

Adoption of the BI Apps has been highest among Oracle’s Siebel and Business Intelligence Enterprise Edition customers, so there’s room for growth across the rest of the application portfolio. “These applications can pull information from legacy apps and even SAP,” Hagerty says. “But practically speaking, the real value is very much geared to extending the Oracle suite of assets.”

Industry News , , , , , , , , ,