Enterprise resource planning (ERP) systems emerged in the 1990s. Even though they don’t do much in the way of planning, the systems provide companies a means of centralizing and consolidating transaction data collection (such as purchase orders, inventory movements and depreciation), automating the management of processes, and handling the bookkeeping and financial record keeping for these transactions and related processes. ERP systems are an indispensable piece of IT infrastructure in today’s...
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Topics:
Mobile,
SAP,
Social Media,
Supply Chain Performance,
ERP,
Operational Performance,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
CFO,
Infor,
Workday,
Social,
FPM,
Intacct
The need to be effective in the marketing, selling, manufacturing, distributing, and sourcing products requires more consistent and higher quality product information. This is where product information management (PIM) has great potential, and as I have attested is the responsibility of business to lead the process and technology improvements. Of course for PIM to be efficient IT needs to support business leadership to improve PIM and ensure access and integration of data and applications. One...
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Topics:
Big Data,
Sales,
Sales Performance,
Supply Chain Performance,
Operational Performance,
Customer & Contact Center,
Information Applications,
Information Management,
Commerce,
Product Information Management,
Supply Chain
In the realm of technology that matters for business and IT, our firm as part of our responsibility continually assesses the latest technology and how it can impact organizations’ efficiency and effectiveness. Our benchmark research in technology innovation found that 87% of participants indicated the importance of increasing the organization’s value through technology innovation. Every year we take our knowledge from research and technology briefings to focus on our Technology Innovation Awards
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Topics:
Big Data,
Datameer,
Mobile,
Sales,
Sales Performance,
Social Media,
Supply Chain Performance,
Sustainability,
Customer,
ESRI,
Globoforce,
GRC,
HCM,
Kronos,
Kyriba,
Location Analytics,
Marketing,
NetBase,
Office of Finance,
Overall Operational Leadership,
Peoplefluent,
Planview,
SQLstream,
VMWare,
VPI,
IT Analytics & Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
CIO,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Hortonworks,
IBM,
Informatica,
Information Applications,
Information Builders,
Information Management,
Information Technology,
KXEN,
Location Intelligence,
Operational Intelligence,
Oracle,
Workforce Performance,
Contact Center,
Datawatch,
Financial Management,
Information Optimization,
Johnson Controls Panoptix,
Roambi,
Service & Supply Chain,
Upstream Works,
Vertex,
Xactly
As a new generation of business professionals embraces a new generation of technology, the line between people and their tools begins to blur. This shift comes as organizations become flatter and leaner and roles, context and responsibilities become intertwined. These changes have introduced faster and easier ways to bring information to users, in a context that makes it quicker to collaborate, assess and act. Today we see this in the prominent buying patterns for business intelligence and...
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Topics:
Big Data,
Data Scientist,
Sales Performance,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Customer & Contact Center,
Data Management,
Financial Performance,
Information Applications,
Information Management,
Workforce Performance,
Data
This is the beginning of the season when companies that are on a calendar year begin their strategic and long-term planning. Ventana Research performed an extensive investigation in this area with our long-range planning benchmark research. Strategic and long-range planning is a process and discipline that companies use to determine the best strategy for succeeding in the markets they serve and then ensure they have the capabilities and resources needed to support their strategic objectives.
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Topics:
Big Data,
Master Data Management,
Performance Management,
Planning,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
Reporting,
Budgeting,
dashboard,
Operational Performance,
Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
Data,
CEO,
Financial Performance Management,
FPM
The spreadsheet is one of the five most important advances in business management over the last 50 years. It has changed all aspects of running an organization. It was the original “killer app” that made people go out and buy personal computers. So you see I’m enthusiastic about spreadsheets, but I realize they have limits that must be respected to work efficiently. One of the more important findings from our benchmark research Spreadsheets for Today’s Enterprise was about the time spent in...
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Topics:
Sales Performance,
Supply Chain Performance,
Office of Finance,
Reporting,
enterprise spreadsheet,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Visualization,
Workforce Performance,
Risk,
benchmark,
Financial Performance Management
People who don’t spend much time analyzing the software market may have trouble understanding the differences between products in a given software category or the difference between two categories. This happens because vendors and commentators use the same words to describe different depths of functionality and degrees of comprehensiveness in one type of application. As well, there can be multiple categories of software that address the same general business issues but are designed for...
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Topics:
Performance Management,
Sales Performance,
Supply Chain Performance,
Office of Finance,
dashboard,
PRO,
Operational Performance,
Business Analytics,
Business Performance,
Financial Performance,
CFO,
Supply Chain,
CEO,
demand management,
FPM,
S&OP
Users of big data analytics are finally going public. At the Hadoop Summit last June, many vendors were still speaking of a large retailer or a big bank as users but could not publically disclose their partnerships. Companies experimenting with big data analytics felt that their proof of concept was so innovative that once it moved into production, it would yield a competitive advantage to the early mover. Now many companies are speaking openly about what they have been up to in their business...
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Topics:
Big Data,
Datameer,
Sales Performance,
SAS,
Supply Chain Performance,
Teradata,
alteryx,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Applications,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Strata+Hadoop
Business analytics can help organizations use data to find insights that lead to new opportunities and address issues unrecognized before. One player in this market is Datawatch, known for its tools for information optimization and harvesting value from big data including content and documents. I assessed the company earlier this year, and recently our firm recognized its customers’ achievements with 2013 Ventana Research Leadership Awards for Information Optimization with Phelps County...
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Topics:
Big Data,
Sales Performance,
SAP,
Supply Chain Performance,
GRC,
Office of Finance,
Panopticon,
Operational Performance,
Analytics,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Operational Intelligence,
CEP,
Datawatch,
Discovery,
Information Optimization,
SAP HANA
Planview recently announced general availability of Planview Enterprise 11. The new release enhances the user experience through a comprehensive redesign of the interface to promote ease of use. The changes are intended to facilitate an integrated approach to long-range planning of capital projects and major corporate initiatives across departments. There’s an important difference between strategic and long-range planning, and this difference is the reason why long-range planning benefits from...
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Topics:
Big Data,
Performance Management,
Planning,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Planview,
Reporting,
FEI,
FERF CEO,
Operational Performance,
Business Performance,
Financial Performance,
CFO,
Financial Performance Management,
FPM