Monthly Archives: June 2006

Oracle releases PeopleSoft Enterprise 9

PeopleSoft 9, a series of three application modules, marks one of Oracle’s three major 2006 initiatives following its acquisitions of PeopleSoft, Siebel Systems and a host of smaller software makers. Oracle aims to reassure PeopleSoft users who were concerned that the software giant would force them to switch to Oracle’s own set of applications.

PeopleSoft 9 is being introduced in phases. The release of Learning Management 9.0 marks the first phase. This module will focus on offering certification and regulatory compliance support.

PeopleSoft Enterprise Performance Management, the next module scheduled for release, is expected to debut later this summer or early fall. Financial and human capital management components are also set to be released by the end of the year.

Read the entire article of PeopleSoft Enterprise 9 at CNET.

Teradata Turns Risk Management Into Opportunity for Financial Services

“Teradata is focused on enabling financial services executives to transform compliance issues from a management migraine into a strategic opportunity,” said Jim Donovan, Teradata’s vice president of global industry solutions for financial services. “The Teradata Enterprise Risk Management solution creates a single, authoritative data environment to ensure accuracy, consistency and auditability across business lines. With this approach, the management of risk becomes one of the most compelling opportunities organizations have today for achieving innovations that will accelerate growth and drive operational efficiency.”

The components of Teradata Enterprise Risk Management solution include the Teradata(R) Warehouse 8.1, a suite of hardware, software and professional consulting services. In addition, the solution is supported by Teradata Financial Services Logical Data Model and partnerships.

More on Teradata Enterprise Risk Management solution.

Informatica and Teradata Win TDWI 2006 Best Practices Award

Informatica Corporation and Teradata, a division of NCR Corporation , today announced that joint customer Nationwide won The Data Warehousing Institute’s (TDWI) 2006 Best Practices Award in the Master Data Management (MDM) category for its innovative FOCUS finance data-management initiative. Responsible for improving regulatory-compliance efforts, decreasing IT costs and increasing business agility across the organization, the FOCUS initiative has redefined the role and operating model of Nationwide’s core finance functions, processes and systems.

Whohoooo !!. And more.

Actuate 9 – World’s First Collaborative Reporting Architecture

The Actuate 9 Collaborative Reporting Architecture combines open source technologies from the Eclipse Foundation BIRT (Business Intelligence and Reporting Tools) project with the scalability, performance, reliability and security of the Actuate iServer and the interactivity of AJAX (Asynchronous JavaScript and XML) to create the next generation Business Intelligence environment. The results are dynamic, interactive enterprise reports for every type of deployment and the first ad-hoc web reporting product that allows end-users and IT departments to collaborate on report definitions and effortlessly evolve report designs. The Collaborative Reporting Architecture drives enterprise reporting costs down by leveraging the versatility of the Java development community, the speed and flexibility of Actuate’s Information Object metadata layer, and a revolutionary reusable design structure that encourages collaboration among users of every skill level, for every reporting project.

More on Actuate’s Collaborative Reporting Architecture.

Predictive Analytics – KXEN Web Seminar

Knowledge Extraction Engines [KXEN], the popular predictive analytics business analytics company has a web seminar coming up tomorrow on Leveraging the power of predictive analytics.

You have built your Business Intelligence infrastructure, created a data warehouse, and implemented reporting and OLAP tools. Are you getting the results you need to stay ahead of your competition? Predictive Analytics may be the way for you to get more answers to your business questions and more ROI from your data.

* Learn how you can increase your business performance with software based upon a breakthrough mathematical theory.
* See how KXEN automates the analysis of large volumes of corporate data and reliably describes key influencers and future behavior.
* Understand why OLAP and Reporting alone will not provide you the answers you are looking for.
* The presentation includes building predictive models on real customer data and a question and answer session.

Date: June 27, 2006
Time: Noon ET/9 a.m. PT
More Info – Shaping the Future.

Cognos speeds-up the BI standardization

Cognos is on the news currently for many reasons. One primary reason is because of it’s delinquent in its regulatory filings. But that apart it’s much ahead on its product offerings. Cognos announced that it will be offering new customer service initiatives that will help minimize time on return on investment(ROI).

“BI Standardization is critical to the success of the modern enterprise. Services play a key role in delivering this success, helping customers understand the best course of action to take, associated costs along the way, what to expect, and when,” said David Pratt, vice president of global professional services at Cognos. “Our new customer success initiatives reflect our ongoing commitment to delivering the best BI product, coupled with the right people, right processes and right knowledge, all backed by leading services that deliver true business value while mitigating risk and minimizing time to ROI.”

This will acheived by standardizing BI deployments by using tools that come along with Cognos 8 BI. Services on Audit, Estimation and implementation will help customers achieve better ROI on their BI projects.

Software as a Service and Business Intelligence

With companies like Microsoft towards the concept of Software as a service[SaaS] or on-demand application services, how does this scope for Business Intelligence. If you start thinking about it by now, even by evening or by tomorrow morning you would arrive at a conclusion, that software as a service could not be applied for Business Intelligence. Atleast not effectively.

At first sight, SaaS 2.0 appears to be another version of the application service provider (ASP) model that failed miserably after the dot-com bust. There are, however, some important differences between the two models. The first is that the ASP model focused primarily on giving an organization the ability to move certain application processing workloads to a third-party managed server. Unlike SaaS, ASPs were not necessarily concerned about providing shared services to multiple tenants. Also, most ASPs did not have a significant amount of application and business domain knowledge about the applications they were running. SaaS providers, on the other hand, usually have a large amount of domain expertise.

It was until I read this column by Colin White, last month. Colin’s business reasons on how BI can effectively use Saas, clears out the confused mind. Ofcourse it was probably just me who thought he could have dived deeper into the reasons on why he says comapnies should carefully measure the impact on their enterprise BI systems.

Embedded Analytics – Next BI wave

Embedded analytics are nothing new. Organizations have embedded BI functionality into applications and business processes for years. For example, Java and .NET developers often create reporting capabilities from scratch when building custom applications. Portals display charts and tables generated by reporting tools inside portal windows, or “portlets.” Microsoft Office applications maintain live links to reports stored on BI servers. Extranet applications integrate with BI engines that let online customers view and analyze personal accounts and activity. Online applications embed predictive models that score customer transactions in real time to detect fraud, cross-sell products, evaluate risk or assess credit worthiness.

However, most embedded analytics to date have barely scratched the surface of what is possible. Usually, the analytics are fairly primitive, displaying canned views of existing reports with little ability to drill down, publish views in other formats, or compare with other data. The more compelling analytically driven applications are implemented by leading-edge companies with deep pockets and legions of skilled developers who code, debug and test monolithic applications that are time-consuming to build and costly to modify.

Wayne Eckerson talks about Embedded analytics and the future of Business Intelligence in a well written article, Embedded Analytics: The Next Wave In Business Intelligence. A must read.