Oracle just released a new version of Oracle BI Applications (11.1.1.7.1 also known as 11g PS1) and as the top partner for Oracle BI Applications (we can prove it - we've won the awards), we thought we'd take a look under the hood to highlight the enhancements.
Tags: Student Information Analytics, Financial Analytics, Oracle E-Business Suite, Peoplesoft Campus Solutions, Project Analytics, Essbase, Real-Time Supply Chain and Inventory Analytics, Informatica, Jeremiah Johnson, HR Analytics, Oracle BI Applications, Real-Time Financial Analytics, Procurement & Spend Analytics, Examining OBIA 11g, Oracle Data Integrator (ODI), Fixed Asset Analytics, GoldenGate, Indirect Spend Planning, Supply Chain and Order Management, Blog
In the past when automation and digitization were still unknown, who would have ever thought of smart machines, intelligent companies and business intelligence? Business decisions were then mostly based on individual experiences and intuition. As technology advanced, computing led the way for companies to access massive data in less time and use them to make important business decisions. By the mid 1980s, business intelligence began to take its roots.
Gartner recently conducted a global survey of more than 2,000 chief information officers in 36 industries across 41 countries.
Tags: Mobile BI, Big Data, Business Intelligence, infographic, Jeremiah Johnson, ERP
BI, or business intelligence, is a critical component to long-term success in today’s global competitive market. The purpose of business intelligence is to assist in the decision making process by making the right information available when it is needed. Not only is BI crucial, but it also must be thoroughly developed strategically around a vision that supports the progressive needs of the enterprise. Recent surveys reveal that BI is the number one priority for CIO’s. Business intelligence gathers massive quantities of raw data and processes it in to intuitive models that are continuously being updated as new data arrives.
Tags: Vision Workshop, Business Intelligence, Jeremiah Johnson, Blog
Tags: Financial Analytics, Big Data, Business Intelligence, Jeremiah Johnson, Blog
Oracle Exalytics was recently launched at Oracle's Open World Event, which was held during October in San Francisco. Despite the numerous of claims of product excellence and testimonies from former clients, guests at the event were largely left wondering about the $100,000+ product. Since the product was largely unseen, it leaves many clients asking is Oracle's newest BI innovation, the self-described "BI Machine" an absolute necessity?
Several of Oracle's customers who've used the product seem to think so. A key feature of the project that has been touted by Oracle enthusiasts is the product's ease of deployment. A current client of Oracle and Exalytics enthusiast, Nilson Group, which is based in Sweden, praised the software's ability to update on the back end, without causing any project delays. Allowing the Oracle Business Intelligence Enterprise Edition (OBIEE) to run on the Exalytics software eliminates operations problems that would otherwise be present on other systems.
Another client, Thomas Reuters, praised the new in-memory feature of the program that allowed it to analyze a 10 billion row data set, due to the capacity for in-memory storage. For a customer without Exalytics that attempted this same feat on traditional hardware, it would be impossible.
The main features that have been praised include the 1TB of ram (Oracle claims it can use even more data to its memory management capabilities) and exceptional processing speed, which has been known to remarkably serve up to 10,000 individual program users at once. Despite it's success, Oracle's newest program is not the end-all be-all solution. No piece of hardware can take the place of the strategical and visonary components that only expert human resources can supply.
For business owners that are looking to this newest development to solve glitches and memory problems, it looks like there is a solution. However, one must also consider the expertise and strategic vision needed to develop complete solutions customized to an enterprise or industry.
Time will tell if the newest addition to Oracle's high-profile business tools is indeed a must for the BI community.
Tags: OBIEE, Oracle OpenWorld, Jeremiah Johnson, Oracle BI, Oracle BI Applications, Exalytics, Blog
Living in a global, ever-expanding economy means there are more people interacting than every before. Consider retail giant Wal-Mart, for example. The company conducts over a million transactions with customers every hour. That may sound like a feat in and of itself, but the company also keeps records associated with those transactions.
Tags: Unstructured Data, Big Data, Business Intelligence, Jeremiah Johnson, Blog
As many are aware, twenty-first century corporations are facing a crisis. Many corporations have been accurately and comprehensively storing data for years. The problem is, they are ill-equipped to do anything with this massive collection of data. Big data is so comprehensive that it has become unwieldy and the average corporation is unable to retrieve or organize this data in any useful way.
Tags: Endeca, Unstructured Data, Big Data, Jeremiah Johnson, Blog
When Oracle chose to enter an acquisition agreement with Endeca back in October of 2011, most industry experts agreed that this deal would further help to enhance the BI capabilities of Oracle. However, no one could have predicted the impact the deal has made roughly one year later. Oracle made its claim in the BI industry with its implementation of OBIEE or Oracle Business Intelligence Suite Enterprise Edition. OBIEE helped to cause a dramatic shift over to self-service Business Intelligence. With Endeca now on board, Oracle is rapidly transforming what was once considered classic BI usage and bringing on new types of unstructured data, with factors such as text files and management of social media.
Tags: OBIEE, Endeca, Jeremiah Johnson, Oracle BI, Blog
Well, it was bound to happen. After all, since we live in an age in which meeting the love of your life is now as likely to be accomplished by how accurately you've completed an online dating questionnaire as anything else, is it really surprising that the same principle has begun to be used to determine educational outcomes too?
Tags: Student Information Analytics, Big Data, Business Intelligence, Blog
