With much fanfare and a rarely seen introduction by CEO Ginni Rometty, IBM launched IBM Watson as a new business unit focused on cognitive computing technology and solutions, now being led by Senior Vice President Mike Rhodin. The announcement is summarized here:. Until now IBM Watson was important but had neither this stature in IBM’s organizational structure nor enough investment to support what the company proclaims is the third phase of computing. As IBM tells it, computing paradigms began...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Cognitive Computing,
Discovery,
Exploration,
IBM Watson
Greetings, everyone, and best wishes for a great start to 2014. In this new year, utilizing best practices and skills learned in 2013 will be critical for optimizing the use of efforts to support both business and IT. In 2013 many organizations made progress in balancing technology decisions across business and IT as the lines of business continued to take leading roles in investment and prioritization. Major investments were made in business applications using software as a service, business...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Market Research,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
CFO,
COO,
Technology
Integrated risk management (IRM) was a major theme at IBM’s recent Smarter Risk Management analyst summit in London. In the market context, IBM sees this topic as a means to differentiate its product and messaging from those of its competitors. IRM includes cloud-based offerings in operational risk analytics, IT risk analytics and financial crimes management designed for financial institutions and draws on component elements of software that IBM acquired over the past five years, notably from ...
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Topics:
Supply Chain Performance,
GRC,
Office of Finance,
Chief Risk Officer,
CRO,
ERM,
OpenPages,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Information Management,
Operational Intelligence,
compliance,
Data,
Risk,
Financial Services,
FPM
FinancialForce.com, a provider of cloud-based financial applications, recently announced two pending acquisitions. One is Vana Workforce, which makes a human capital management (HCM) application aimed at small to midsize companies. The other is LessSoftware, a supplier of Web-based supply chain management (SCM) applications. The acquisitions are part of FinancialForce’s strategy to build a broad suite of applications that run on salesforce.com’s Force.com platform. The three companies already...
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Topics:
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance
One of the potential benefits of cloud computing to access business applications and data is its potential to improve the situational awareness of executives and managers. By this I mean their understanding of what’s going on outside their company in addition to what’s happening within it. Today people have access to a trove of information about their own company, which is the result of decades of investment in an expanding range of enterprise transaction systems (ERP, CRM and supply chain...
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Topics:
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Data Management,
Financial Performance,
Information Management,
Workforce Performance,
Data,
finance,
FPM
2013 was a big year for the annual HR Technology conference, as its well-known co-founder and leader for the past 16 years, Bill Kutik, stepped down, passing leadership of the event to Steve Boese, another familiar name in the community. Beyond the change in leadership, at this year’s show were a large number of vendors that have invested in new technology to advance human capital management (HCM). Overall I noted several interesting trends, some that were similar to those I written about...
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Topics:
Mobile,
Sales Performance,
SAP,
Social Media,
Supply Chain Performance,
Peoplefluent,
Recruiting,
Social Collaboration,
SuccessFactors,
Jibe,
Operational Performance,
Ultimate Software,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Location Intelligence,
Oracle,
Workforce Performance,
Cornerstone OnDemand,
Infor,
Talemetry,
TribeHR,
Workday,
HR technology,
Hunite,
SumTotal,
Zao
Infor is a vendor I haven’t covered much in the past, but after attending the recent Infor on the Road day in the U.K. that is about to change. I viewed Infor as basically a CRM vendor, and I don’t believe such systems have much impact on customer engagement and the customer experience. Indeed if you view Infor website’s product page, it features several product categories focused on internal processes: CRM, Asset Management, Financial Management, Resource Planning, Human Capital Management and...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Customer Analytics,
Customer Experience,
Speech Analytics,
Operational Performance,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Financial Performance,
Workforce Performance,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics
Tidemark announced the release of the Fall 2013 version of its eponymous cloud-based application that my colleague assessed earlier in 2013. This new release adds capabilities for labor planning and expense management as well profitability modeling and analysis. These two areas of planning and analysis are common to all businesses. The new release adds features that enhance the software’s ability to do sales forecasting, initiative planning and IT department planning. The company continues to...
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Topics:
Big Data,
Performance Management,
Planning,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
Controller,
Operational Performance,
Analytics,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
In-memory,
Workforce Performance,
CFO,
Tidemark,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning
The 2013 Oracle OpenWorld in San Francisco was unique in several ways. Against the background of the America’s Cup yacht races on the bay, which Team Oracle won in an amazing comeback, this was the first year in which OpenWorld dedicated a separate track to the full aspects of human capital management (HCM). This emphasis helped to demonstrate Oracle’s increased commitment to HCM. That and several important innovations in the company’s Oracle HCM Cloud product suite led us to select Oracle as...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Gamifiacation,
HCM,
OpenWorld,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Oracle,
Workforce Performance
Business planning as practiced today is a relic, a process hemmed in by obsolete conceptions of what it should be. I use the term “business planning” to encompass all of the forward-looking activities in which companies routinely engage, including, for example, sales, production and head-count planning as well as budgeting. Companies need to take a fresh view of all these, adopting a new approach to business planning that while preserving continuity makes a substantial departure from what most...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales Performance,
Social Media,
Supply Chain Performance,
Office of Finance,
Reporting,
Budgeting,
Controller,
Operational Performance,
Business Performance,
Financial Performance,
In-memory,
Workforce Performance,
CFO,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning