Business Intelligence Journal

Business intelligence, data warehousing and analytics news and resources

IBM Launches Next Generation of Business Intelligence With Dynamic Warehousing

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IBM (NYSE:IBM) today unveiled a comprehensive strategy to enable dynamic warehousing, a new generation of business intelligence capabilities that enable organizations to gain real-time insight and value from their business information. Today’s announcement marks an important milestone in IBM’s industry-leading pursuit of the global Information on Demand growth opportunity, which is helping customers transform their businesses by using information as a strategic asset.

With today’s announcement, IBM, the world’s second largest software company, is delivering capabilities that extend beyond traditional business intelligence and data warehousing techniques to allow global businesses and organizations of all sizes to streamline business processes, transform customer service, increase employee productivity, reduce business risks and generate new revenue opportunities.

IBM’s new Dynamic Warehousing strategy enables customers to use advanced analytics as part of a real-time business process and to unlock knowledge buried in both structured and unstructured information (free form text, e-mail, audio files, Web pages, etc.). This approach will also provide instant access to reliable and trusted business information in the context of activities being performed, whether it is supporting a customer, processing a claim or handling a transaction. [Read more…]

The Philadelphia Stock Exchange Standardizes on Cognos 8 Business Intelligence

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Cognos (Nasdaq: COGN; TSX: CSN) announced that the Philadelphia Stock Exchange (PHLX) has standardized on Cognos 8 Business Intelligence (BI) for a more unified and complete view of organizational performance.

The first securities exchange in the U.S., and founded in 1790, the PHLX has a strong tradition of innovation and continues to respond to the ever-changing needs of the investment community. The company was looking for a more comprehensive reporting system to allow it to better manage membership data. Prior to using Cognos software, the PHLX had data stored in separate remote groups. After a competitive review, the PHLX chose Cognos 8 BI as its standard reporting system to gain one unified and interactive view of information from its diverse set of management applications and isolated data silos. Cognos 8 BI will enable prompted and ad-hoc reporting to help centralize diverse and redundant applications, as well as ensure reliable information sharing.

With a central reporting system and a common front end, employees will be able to select from a list of commonly used reports or create ad hoc reports to get answers to questions and find new information. The PHLX will use IBM’s WebSphere portal as the interface and access point for Cognos 8 BI. The software’s ease of use will enable all Exchange employees to use Cognos 8 BI to view membership data, keep track of new and old account information, and gain information about new products, options, equities, real-time trade report data, and clearing and exchange billing. In addition, Cognos 8 BI will automatically deliver daily, monthly and quarterly reports on billing and trading activities. These reporting activities will provide employees with easier access to information they need to make better business decisions. [Read more…]

OutlookSoft Introduces On-Demand Solution for Managing the Performance of Business Processes

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OutlookSoft Corporation introduced its OutlookSoft BPF Marketplace as the industry’s foremost delivery model and technological approach to leverage BPFs (Business Process Flows). Immediately available, OutlookSoft BPF Marketplace is a community-based repository in which OutlookSoft 5 customers can share, download, use and improve upon BPFs.

By delivering the first pre-packaged process intelligence to the Performance Management industry, OutlookSoft positions itself as the only vendor in the market with the ability to truly align financial and operational activities with business performance objectives. With BPFs, OutlookSoft provides not only the business process, but all the associated tools required to manage and execute the process for optimum performance in one unified application platform.

Historically, software has been sold and implemented according to features, functions or databases. Users still needed to customize the application for every new performance process added. Now organizations can configure new or existing business process flows by leveraging the pre-packaged functionality inherent in OutlookSoft 5. Alternatively, they can utilize the on-demand nature of the BPF Marketplace by downloading a business process flow at the time the process is needed. [Read more…]

Business Objects Recognizes Key Partners for Outstanding Contributions and Commitment to Business Intelligence

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Accenture, Andrews Consulting Group, APOS Systems, Decision First Technologies, IBM, Info Providers, Netezza, Realm Business Solutions, Softmart, and The Woodburn Group Honored at Business Objects Americas Partner Summit

Business Objects (Nasdaq:BOBJ) announced its 2007 Americas Partner Excellence Award winners. The Business Objects Partner Excellence Awards recognize Business Objects partners for their tremendous contributions to deploying solutions based on Business Objects technology, as well as for their leadership, innovation, and commitment to helping companies reap the business-transforming benefits of business intelligence. The awards were formally presented at the annual Business Objects Americas Partner Summit, held last week in Charleston, South Carolina.

“Business Objects has an unmatched organization of global partners, which we rely on to bring specific industry expertise, deployment experience, and a rich history of developing innovative solutions for customers looking to leverage the power of intelligent information,” said Janet Wood, senior vice president of global partnerships and sales enablement at Business Objects. “Each year, we recognize a select group of these companies with our Partner Excellence Awards, which are presented to those organizations that stand out among their peers for drive, dedication, and thought-leadership in the business intelligence industry.” [Read more…]

Accenture and SAS Enhance Business Intelligence Services Capabilities

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Accenture plans to expand its business intelligence services through increased collaboration with SAS, a leading provider of business intelligence (BI) software and services.

The two companies plan to work together to enhance Accenture’s SAS® capabilities and will also team to enhance SAS software and will also team to enhance SAS-based software and product development by leveraging Accenture’s industry expertise. This relationship will help Accenture deliver proven, repeatable solutions and create additional specialized capabilities to meet the increased demand for business intelligence services currently provided to clients through its Accenture Information Management Services (AIMS) organization. For SAS, the relationship will help accelerate growth of the company’s global BI software revenue by leveraging Accenture’s investment in sales, marketing, training, research and development, and expertise in industry and business processes.

“We are clearly seeing an increased demand for business intelligence services as organizations seek higher performance by collecting and analyzing internal and external data,” said Royce Bell, Chief Executive Officer of Accenture Information Management Services. “By striking a closer relationship with a market-leading enterprise business intelligence software vendor, we will be able to provide our clients with even more skills and scale than previously possible.” [Read more…]