It’s stating the obvious to say that how well executives manage planning processes has a big impact on how well a business unit or company plans. However, one significant source of the value of our benchmark research is that it establishes hard evidence – the numbers – that transforms mere assertions into proof points. This is particularly important when people within an organization want to improve a process. Change management is facilitated by providing senior executives with facts to back up...
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Topics:
Big Data,
Predictive Analytics,
Sales,
Sales Performance,
Supply Chain Performance,
Marketing,
Customer Performance,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Supply Chain,
S&OP
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Topics:
SaaS,
Customer Experience,
NetSuite,
Office of Finance,
Recurring Revenue,
Zuora,
Customer Performance,
Operational Performance,
Business Performance,
Cloud Computing,
Customer Service,
Financial Performance,
billing software,
Intacct
In many organizations, advanced analytics groups and IT are separate, and there often is a chasm of understanding between them, as I have noted. A key finding in our benchmark research on big data analytics is that communication and knowledge sharing is a top benefit of big data analytics initiatives, but often it is a latent benefit. That is, prior to deployment, communication and knowledge sharing is deemed a marginal benefit, but once the program is deployed it is deemed a top benefit. From...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
alpine data labs,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Strata+Hadoop
In our benchmark research at least half of participants that use spreadsheets to support a business process routinely say that these tools make it difficult for them to do their job. Yet spreadsheets continue to dominate in a range of business functions and processes. For example, our recent next-generation business planning research finds that this is the most common software used for performing 11 of the most common types of planning. At the heart of the problem is a disconnect between what...
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Topics:
Planning,
Sales Performance,
ERP,
Forecast,
GRC,
Office of Finance,
Reporting,
closing,
dashboard,
enterprise spreadsheet,
Excel,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Data,
Risk,
application,
benchmark,
Financial Performance Management
Ventana Research recently released the results of our Next-Generation Business Planning benchmark research. Business planning encompasses all of the forward-looking activities in which companies routinely engage. The research examined 11 of the most common types of enterprise planning: capital, demand, marketing, project, sales and operations, strategic, supply chain and workforce planning, as well as sales forecasting and corporate and IT budgeting. We also aggregated the results to draw...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales,
Sales Performance,
Social Media,
Supply Chain Performance,
Human Capital Management,
Marketing,
Office of Finance,
Reporting,
Budgeting,
Controller,
Customer Performance,
Operational Performance,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
In-memory,
Workforce Performance,
CFO,
Supply Chain,
capital spending,
demand management,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning,
S&OP
Maximizing the performance and value of people in the workforce should be a primary focus for any business these days. It is a complex task, especially for larger organizations, and chances for success can be increased by investment in human capital management (HCM) applications. In this competitive software market SAP is making a strong push, aided by acquisitions in the last three years of SuccessFactors for talent management and more recently Fieldglass for contingent labor management....
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Topics:
SAP,
HCM,
Human Capital Management,
Learning,
Performance,
Recruiting,
SuccessFactors,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Financial Performance,
Compensation,
HRMS,
Vendor Management Systems,
Workforce Analytics,
Workforce Management,
Workforce Planning
Data is an essential ingredient for every aspect of business, and those that use it well are likely to gain advantages over competitors that do not. Our benchmark research on information optimization reveals a variety of drivers for deploying information, most commonly analytics, information access, decision-making, process improvements and customer experience and satisfaction. To accomplish any of these purposes requires that data be prepared through a sequence of steps: accessing, searching,...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Data Preparation,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Information Optimization
The idea of not focusing on innovation is heretical in today’s business culture and media. Yet a recent article in The New Yorker suggests that today’s society and organizations focus too much on innovation and technology. The same may be true for technology in business organizations. Our research provides evidence for my claim.
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Topics:
Big Data,
Sales,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management
Recurring revenue is a term applied to business models that involve three types of selling and billing structures: a one-time transaction plus a periodic service charge; subscription-based services involving periodic charges; or a contractual relationship that charges periodically for goods and services. Telecommunications was the first major industry to use it, but recently the model has gained popularity in others. It is a major trend in information technology as an increasing number of...
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Topics:
SaaS,
Customer Experience,
NetSuite,
Office of Finance,
Recurring Revenue,
Zuora,
Customer Performance,
Business Performance,
Cloud Computing,
Customer Service,
Financial Performance,
billing software,
Intacct
At its annual MicroStrategy World conference, this provider of analytics and business intelligence systems for business and IT introduced a new version of its flagship product, MicroStrategy 9s. Among many advances it adds enterprise grade security with MicroStrategy Usher as part of the maintenance update to its 9.4.1 release. Security is increasingly critical for analytics and BI. Technologies that work intensively with data, including reporting, business intelligence, analytics and data...
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Topics:
Big Data,
Mobile,
Sales Performance,
Governance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Risk & Compliance (GRC),
Security