Oracle Experiences Unprecedented Support for Enterprise Perf
ORACLE OPENWORLD, SAN FRANCISCO, Nov. 13 /PRNewswire-FirstCall/ -- Oracle today announced that market-leading Independent Software Vendors (ISVs), Value Added Resellers (VARs) and Systems Integrators (SIs) are supporting Oracle''s Enterprise Performance Management (EPM) System. The growing ecosystem is playing a significant role in the worldwide adoption of Oracle''s EPM offerings.
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Oracle''s EPM System is designed to support critical management processes including setting goals, formulating plans, monitoring performance, analyzing variances and exceptions, reporting to stakeholders and aligning and adjusting actual with plans. The comprehensive system unifies transaction, business intelligence (BI) and performance management software to create a complete management view. With Oracle''s EPM system, ISVs, VARs and SIs gain new options for training, integration, development and certification that enable them to further fuel growth and increase customer value.
"Oracle''s Enterprise Performance Management System provides the vendors, resellers and integrators we work with the opportunity to create and deliver critical business decision-making solutions that can be used across Oracle? and non-Oracle IT environments," said Thomas Kurian, senior vice president, Oracle Server Technologies. "Following our integration of Hyperion, we continue to see strong support across all levels of our ecosystem, further demonstrating organizations'' demands to take their information strategies to the next level."
Leading Organizations Back Unified Platform for Enterprise Performance Management
In its recent report, "Worldwide Business Analytics Software 2007-2011 Forecast Update and 2006 Vendor Shares," IDC estimates that total business analytics software revenues grew by 11.2 percent in 2006 to reach $19.3 billion. IDC expects total revenues to continue to grow at a healthy compound annual growth rate of 10.3 percent over the next five years.(1) Built on a standards-based, hot-pluggable architecture, Oracle''s EPM and BI software presents a significant revenue opportunity for organizations. Today, numerous industry-leading solution, technology and service providers in every major industry - including manufacturing, media, telecommunications, financial services, education, healthcare and pharmaceutical, public sector, transportation and logistics - team with Oracle to help customers measure performance, improve profitability and drive better business value.
VARs and SIs benefiting from their support of the Oracle Enterprise Performance Management System include AnswerThink Inc., BearingPoint, BI Consulting Group, Cognizant Technology Solutions, Deloitte Consulting LLP, Hitachi Consulting, IBM Global Business Services, KPI Partners, MetricSphere LLC, Palladium Group, Ranzal & Associates, an Edgewater Technology Company, TopDown Consulting, Vertical Pitch LLC and WHITTMANHART.
ISVs extending their solutions to customers by embedding or bundling Oracle Enterprise Performance Management software as part of their offerings include 3i Infotech Ltd., Callidus Software Inc., eMeter Corporation, Island Pacific, Milletech Systems Inc., Sophoi, Inc., SunGard, Taurus Software Inc., and Vertex, Inc. These leading organizations leverage Oracle to power the BI and EPM components of their solutions and drive strategic product differentiation and revenue.
"BearingPoint and Oracle both understand that an enterprise''s greatest asset is its information. Simply put, organizations gain a competitive advantage when the right people are empowered with the right information, at the right time," said Steve Lanchak, Global Commercial Oracle Market Leader at BearingPoint. "We''ve been working with Oracle extensively for 13 years, giving us deep experience with Oracle''s Enterprise Performance Management systems, and helping clients better understand their finances, customers, competitors and risks."
"The most progressive and adaptable businesses in the world are focused on turning information into actionable intelligence," said Eddie Short, vice president of Business Information Management with Capgemini. "Oracle''s EPM software allows organizations to align IT professionals and business leaders around a single source of truth that can be used to stay ahead of the competition."
"Enterprise performance management is increasingly becoming a top priority for many companies as they need higher quality information that helps executives make smarter decisions and improve overall business performance," said Jason Downing, principal, Deloitte Consulting LLP. "Deloitte Consulting has helped a number of organizations worldwide in their efforts to plan, analyze and improve the performance of their businesses - and to choose the right course of action, fusing together executable strategy, operations and technology."
"Oracle''s Enterprise Performance Management strategy has enabled dozens of our customers to rapidly gain access to valuable metrics and insight, which were historically buried in a variety of operational systems, including Oracle E-Business Suite, PeopleSoft, Siebel, JD Edwards, and most dramatically, non- Oracle operations systems such as SAP. Oracle''s acquisition and integration of Hyperion''s technology closes a gap in our customers'' EPM needs, and now links all business units within our customers including finance, marketing, sales and operations," said Michael Martin, president and chief executive officer, BI Consulting Group.
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