Chris McAllister at TDWI jots down in a convincing manner , the reasons behind the need for real-time data access. Not just that but why these trends will peak in 2008. A very interesting read.
With a growing number of business users and activities dependent on real-time access to real-time information, it is nearly impossible to find a company or function that wouldn’t benefit from having accurate, up-to-date data. For equity markets and currency changes, account balances and user authentication, help desks, marketing promotions, supply chain, patient care, and sales and manufacturing, any organization can justify a demand for faster and more accurate information. Key trends will drive the demand for real-time data in 2008, including: standardization of low-latency data integration across disparate systems, stricter regulations and service level agreements (SLAs), heterogeneous IT environments, management and maintenance of very large database (VLDB) implementations, and globalization.
Following the close of SAP acquisition of Business Objects, the man who founded Business Objects, Bernard Liautaud, resigned today as Chairman and Chief Strategy Officer.
Here’s the press release -
“The industry I helped create almost two decades ago has changed dramatically over the years, and I am very proud to say that Business Objects has consistently been a pioneer in bringing innovation to the market,” said Liautaud. “The vision we started out with is now a reality and the need for business intelligence has become pervasive across enterprises large and small. This industry is now at a tipping point and I am confident that, together with SAP, Business Objects will continue to innovate and help transform the way the world works by connecting people, information and businesses.”
Bernard Liautaud co founded Business Objects in 1990 and was chief executive officer until September 2005, when he brought the Company to the one billion dollar revenue mark. Liautaud took the company public on NASDAQ in September 1994, and established a precedent by making Business Objects the first French software company listed in the United States. Since that time, Liautaud led Business Objects through 15 successful years of growth and profitability, transforming the Company into one of the 15 largest software companies in the world and the clear leader in the business intelligence market. In parallel to his successful stewardship of Business Objects, he created the Business Objects Foundation to channel employee and corporate philanthropic activities into communities around the world.
Business Objects, one of the leading BI solution providers, today released their fourth quarter earnings.
Business Objects released their latest Business Objects XI Release 2 last year and they were also acquired by SAP during 2007.
Here are some highlights from their earnings report.
For the fourth quarter of fiscal year 2007:
* Total revenues were $444 million, up 20 percent year-over-year.
* License revenues were $199 million, up 11 percent year-over-year.
* Maintenance revenues were $177 million, up 29 percent year-over-year.
* Services and other revenues, including consulting and training, were $68 million, up 26 percent year-over-year.
* US GAAP diluted earnings per share were $0.14, versus $0.37 in the fourth quarter of 2006.
* Non-GAAP diluted earnings per share were $0.41, versus $0.60 in the fourth quarter of 2006.
* The year-over-year decrease in US GAAP and non-GAAP EPS is primarily due to increases in tax reserves.
For fiscal year 2007:
* Total revenues were $1.510 billion, up 20 percent year-over-year.
* License revenues were $624 million, up 11 percent year-over-year.
* Maintenance revenues were $636 million, up 28 percent year-over-year.
* Services and other revenues, including consulting and training, were $250 million, up 28 percent year-over-year.
* US GAAP diluted earnings per share were $0.55, versus $0.79 in fiscal year 2006.
* Non-GAAP diluted earnings per share were $1.69, versus $1.64 in fiscal year 2006.
Cognos released their Next Generation Business Intelligence suite named Cognos 8.3 last week. Its their biggest release since 2005 when Cognos 8 was released and also an eventful release since they were recently acquired by IBM. The European Commission recently signed off on IBM’s acquisition of Cognos.
Cindi Howson writes a short note on good and bad of Cognos 8.3 -
The new Personal Alerts feature has the best work flow I’ve seen for such business alerts. The Express Authoring mode is intended to better meet the needs of power users, a user segment for which the current Report Studio is too complex and Query Studio too basic. While this mode is a step in the right direction, lack of charting abilities and limitations in types of data sources (they must be dimensionally modeled) seem to introduce other holes that will force some users to revert to Report Studio.
David Stodder at intelligent enterprise takes a closer look at Teradata 12.0, the latest release. Must Read.
Teradata’s 12.0 release is intended to satisfy the need for enterprise data warehouses to support today’s rapid pace of operational decision-making. One major challenge is to enable systems to load data continuously at the same time that they handle a large number of queries. Traditional data warehouses, which were not designed to address timeliness issues, separate these tasks by loading data in batch during off hours; in contrast, “active” operational data warehouses have to load data in the same time frame as they provide updates to users.
Teradata is elevating the profile of master data management as well. The company is developing its MDM software on technology it gained and controls through a 2005 partnership with i2 Technologies. Teradata 12.0 manages MDM centrally from the enterprise data warehouse and employs the technology much like an extraction, transformation and loading (ETL) process to ensure data quality and consistency of definitions. The company is expanding its implementation of MDM to include version management so organizations can see what their master data looked like at specific points in time. Teradata also is integrating MDM with data modeling tools and publishing services so that new and existing definitions can be consolidated, managed and communicated more effectively.
From Processor Article -
In a 1958 IBM business journal, German computer scientist Hans Peter Luhn coined the term “business intelligence,” aka BI, to define “the ability to apprehend the inter-relationships of presented facts in such a way as to guide action towards a desired goal.” In an era of nonautomated data collection, detailed analysis on which sound business decisions could be made was limited by human factors. Little could Luhn realize that within 50 years, global organizations would be able to analyze terabytes of disparate information in a fraction of time using powerful and complex BI systems.
“Used correctly, business intelligence can bring significant business benefits to companies in terms of reduced costs, improved business efficiency, increased revenues, and better customer satisfaction,” says Colin White, a 35-year IT veteran and founder of BI Research (www.bi-research.com).
The article also lists Top BI Trends for 2008.