Consulting: Corporate Performance Management (CPM)

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CPM Corporate Performance Management (aus Notizbuch)

includes

  • the processes used to manage corporate performance (such as strategy formulation, budgeting and forecasting);
  • the methodologies that drive some of the processes (such as the balanced scorecard or value-based management);
  • and the metrics used to measure performance against strategic and operational performance goals.

However, CPM also comprises a series of analytical applications that provide the functionality to support these processes, methodologies and metrics, targeted at strategic users and corporate level decision making.
Main functionalities that CPM applications should deliver:

  • – Budgeting, Planning, Forecasting
  • – Profitability Modeling and Optimization
  • – Scorecards
  • – Financial consolidation
  • – Statutory and Financial Reporting

Source: Nigel Rayner: Corporate Performance Management Applications Explained, G00130282, 2005-10-04

Consulting: EBIS and Platforms Defined

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EBIS (aus Notizbuch)

EBIS = Enterprise Business Information Services

An EBIS is an end-user tool, supporting common BI usage through ad hoc database query, basic report generation, online analytical processing (OLAP) viewing and light analysis. The key criteria that we use in assessing EBIS tools include scalability, usability (for example, multiple user styles) and manageability (for example, common infrastructure).
In contrast, a BI platform is more of a development platform for creating custom BI applications.

Important criteria include modern platform architecture (for example, modularity), third-party extensibility (for example, application programming interfaces and development paradigm), BI features (for example, OLAP, analytical/modeling and graphical presentation) and suitable vendor support programs.

Leaders in the EBIS market include Cognos, Business Objects and Information Builders. Wellknown BI platform vendors include SAS Institute, Hyperion and Microsoft (see “Magic Quadrants for Business Intelligence, 1H04”).

Consulting: Business Intelligence Platforms

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Business Intelligence Platforms (aus Notizbuch)

Definition: Business intelligence (BI) platforms provide a BI application development environment for complex, custom applications.

Justification for Hype Cycle Position/Adoption

  • Speed: BI platforms have been around for many years in the form of decision support systems, online analytical processing engines or packaged data warehouses. Adoption beyond the departmental level is just beginning.
  • Business Impact Areas: Complex analysis and corporate-level BI applications.
  • Benefit Rating: Moderate.
  • Market Penetration: Five percent to 20 percent of target audience.
  • Maturity: Early mainstream.
  • Example Vendors: SAS, Hyperion, Microsoft, SAS and SAP.
  • Recommended Reading: “Magic Quadrants for Enterprise BI Suites and Platforms, 2H04
  • Analysis by Howard Dresner

Consulting: BI Competency Center

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BICC = BI Competence Centre

The BICC’s role is to champion BI technologies and define standards, as well as the business alignment, project prioritization, management and skill issues associated with significant BI projects. The BICC should contain dedicated analysts, as well as business and IT experts to help executives understand the critical role of BI in managing the business better. The BICC should execute these tasks:

Guiding the users in meeting their own BI needs (and not relying on the BICC for all reports), primarily by training them how to use the data, as well as how to use BI tools as mechanisms to access and manipulate the data. This enables the center to have some leverage, instead of creating every report or query.
Working in conjunction with the business units in performing ad hoc or complex analysis, because the center’s personnel are analytic experts. If and when the analysis becomes repetitive, it can be made into a task that business users can perform.

Overseeing the analytic approach used across the enterprise to ensure consistency The center connects various parts of the enterprise that have similar needs and are experiencing similar problems. This will enable the center to fix problems identified within the same departments.

Setting standards for BI tools that will be used and supported throughout the enterprise.
Coordinating the use and reuse of metadata in the enterprise, helping define and integrate definitions of the relevant business terms.
Communicating to the IT organization the important role of BI applications as part of a BI strategy, encouraging the IT group to work more closely with users.
Building communication across lines of business to prevent the creation of new BI application “silos.

Helping the IT organization realize that users will need multiple BI technologies to meet their varied analytic requirements, while getting users to support the IT organization in providing a platform that will support changing user needs.

Assisting in implementing and supporting the deployment of the organization’s BI tools.
Source: Joanne Galimi: Healthcare Must Establish BI Competency Centers to Reap Strategic Benefits, G00130788, 2005-10-05