PentahoWorld, the first user conference for this 10-year-old supplier of data integration and business intelligence that provides business analytics, attracted more than 400 customers in roles ranging from IT and database professionals to business analysts and end users. The diversity of the crowd reflects Pentaho’s broad portfolio of products. It covers the integration aspects of big data analytics with the Pentaho Data Integration tools and the front-end tools and visualization with the ...
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Topics:
Big Data,
Pentaho,
Governance,
IT Research,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Operational Intelligence,
Risk & Compliance (GRC),
PDI
The market for big data continues to grow as organizations try to extract business value from their own masses of data and other sources. Earlier this year I outlined the dynamics of the business opportunity for big data and information optimization. We continue to see advances as big data and associated information technologies deliver more value, but the range of innovation also has created fragmentation among existing systems including databases that are managed onpremises or in cloud...
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Topics:
Big Data,
Business Analytics,
Information Applications,
Information Management,
Information Optimization
At a conference of more than 3,500 users, Splunk executives showed off their company’s latest tools. Splunk makes software for discovering, monitoring and analyzing machine data, which is often considered data exhaust since it is a by-product of computing processes and applications. But machine data is essential to a smoothly running technology infrastructure that supports business process. One advantage is that because machine data not recorded by end users, it is less subject to input error....
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Topics:
Big Data,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Operational Intelligence
Finance transformation” refers to a longstanding objective: shifting the focus of CFOs and finance departments from transaction processing to more strategic, higher-value functions. Our upcoming Office of Finance benchmark research confirms that most of organizations want their finance department to take a more strategic role in management of the company: nine in 10 participants said that it’s important or very important. (We are using “finance” in its broadest sense, including, for example,...
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Topics:
Big Data,
Mobile,
Performance Management,
Predictive Analytics,
Social Media,
ERP,
FP&A,
Office of Finance,
Reporting,
Management,
close,
closing,
computing,
Controller,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
CFO,
finance,
Tagetik,
FPM
When applying information technology to drive better business performance, companies and the systems integrators that assist them often underestimate the importance of organizing data management around processes. For example, companies that do not execute their quote-to-cash cycle as an end-to-end process often experience a related set of issues in their sales, marketing, operations, accounting and finance functions that stem from entering the same data into multiple systems. The inability to...
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Topics:
Big Data,
Mobile,
Sales Performance,
Supply Chain Performance,
ERP,
Office of Finance,
Operations,
Management,
close,
closing,
computing,
end-to-end,
Operational Performance,
Analytics,
Business Performance,
Cloud Computing,
Data Management,
Information Applications,
Information Management,
CRM,
Data,
finance,
FPM
Qlik was an early pioneer in developing a substantial market for a visual discovery tool that enables end users to easily access and manipulate analytics and data. Its QlikView application uses an associative experience that takes an in-memory, correlation-based approach to present a simpler design and user experience for analytics than previous tools. Driven by sales of QlikView, the company’s revenue has grown to more than $.5 billion, and originating in Sweden it has a global presence.
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Topics:
Big Data,
Data Visualization,
QlikView,
Sales Performance,
Supply Chain Performance,
Tableau,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Information Applications,
Data Discovery,
Lumira,
Qlik,
Qlik Qlik Sense
Finance and accounting departments are staffed with numbers-oriented, naturally analytical people. Strong analytic skills are essential if a finance department is to deliver deep insights into performance and visibility into emerging opportunities and challenges. The conclusions of analyses enable fast, fully informed business decisions by executives and managers. Conversely, flawed analyses undermine the performance of a company. So it was good news that in our Office of Finance benchmark...
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Topics:
Big Data,
Mobile,
Planning,
Predictive Analytics,
ERP,
FP&A,
Office of Finance,
Reporting,
Self-service,
Budgeting,
close,
closing,
computing,
Controller,
dashboard,
Tax,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
CFO,
Data,
finance,
Tagetik,
Financial Performance Management,
FPM,
Microsoft Excel,
Spreadsheets
Tableau Software introduced its latest advancements in analytics and business intelligence software along with its future plan to more than 5,000 attendees at its annual user conference in its home town of Seattle. The enthusiasm of the primarily millennial-age crowd reflected not only the success of the young company but also its aspirations. The market for what Ventana Research calls visual and data discovery and Tableau have experienced rapid growth that is likely to continue.
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Topics:
Big Data,
Data Visualization,
Sales Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Operational Intelligence,
Data Discovery,
Tableau Software
ADP recently held its annual analyst day in the company’s new innovation center in the Chelsea district of Manhattan. The location emphasized what ADP wanted to get across to the analyst community at the event: that it intends to become a significant vendor of human capital management (HCM) software based in the cloud. ADP hopes to broaden its business from being largely an outsourcing vendor of payroll and related services (such as for auto dealers) to one that provides software for a range of...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
Human Capital Management,
Office of Finance,
Predictive,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Mobility,
Workforce Performance,
compliance,
HR,
HRMS,
Healthcare Compliance
It’s widely agreed that cloud computing is a major technology innovation. Many companies use cloud-based systems for specific business functions such as customer service, sales, marketing, finance and human resources. More generally, however, analytics and business intelligence (BI) have not migrated to the cloud as quickly. But now cloud-based data and analytics products are becoming more common. This trend is most popular among technology companies, small and midsize businesses, and...
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Topics:
Big Data,
SaaS,
Sales Performance,
Social Media,
Governance,
Statistics,
cloud analytics,
IT Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Financial Performance,
Internet of Things,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Risk & Compliance (GRC),
cloud business intelligence