In the current climate there is added pressure on business units in every organization to clearly show how and where they are creating or adding value to the organization. Good decision making and performance management are key to business value generation but neither are easy in today’s complex world.
Business Intelligence (BI) and Corporate Performance Management (CPM) solutions help organizations with all these aspects of business. They enable organizations to answer three key business questions: “How are we doing?”, “Why are we doing this?”, and “What should we be doing next?”.
This Report has been written to provide business decision makers, senior managers, and practitioners with relevant information about Corporate Performance Management (CPM) technology, and linked to that, Business Intelligence (BI) technology. The Report covers functionality, maturity, and marketability, and essentially how the technology is being used and will be used in the future.
The role of CPM in controlling costs and optimizing the use of resources.
How BI provides the foundation for CPM initiatives.
Which score carding methodologies can be used to underpin CPM.
How collaborative BI is the key to achieving and sustaining competitive advantage.
Why executive buy-in and end-user engagement are prerequisites for CPM initiatives.
How the integration of Enterprise Search into BI platforms extends the reach of existing investments.
Why poor data quality and lack of integration are still major barriers to effective CPM.
How Software as a Service will offer hesitant organizations a lower-risk path to Performance Management.
Key findings:
BI deployments are driven by competitive pressures, rapidly changing market conditions, regulatory requirements, and the need for better risk management.
The notion of performance management has become increasingly connected to the BI market of late.
CPM is first and foremost a business initiative which requires an inclusive approach that encourages broad participation and adoption across the enterprise.
Ease of use and other end-user considerations are of paramount importance when considering Performance Management solutions.
Data quality and integration is still a major issue for BI and CPM, as most enterprise applications still have their own, siloed view of corporate data.
The integration of Enterprise Search technology into BI platforms extends the reach and range of existing investments across the enterprise.
Mashups are a natural adjunct to the BI world, as are widgets and gadgets.
Software as a Service will offer hesitant organizations a relatively low-risk path to Performance Management.
