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Intelligent Performance ManagementEmpowering Your Enterprise
Duane E. Presti, CEOPARIS Technologies, Inc.
Artificial Intelligence and
Business Intelligence
• By 2015, enterprises will handle 30 times more data than in 2005, a compound annual growth rate of 40%
• Analytics requirements are increasing in importance as enterprises recognize the competitive advantage and power of unlocking the knowledge contained in the in this data.
Artificial Intelligence and
Business Intelligence
• The gap is growing between data available and data analyzed.
• Failure to gain insights will threaten enterprise competitiveness.
• These gaps can be closed by the use of appropriate analytical applications and tools.
• Competitive enterprises will establish skilled analytic teams to close the gap between meaningless data and actionable knowledge.
Intelligent Performance Management (IPM)
• Intelligent performance management (IPM) will span multiple processes
• Will require the support of strong infrastructures that can deliver a "single version of the truth" for the whole organization.
Why Intelligent Performance Management?
All companies need some form of performance management.
• Most companies do not have an efficient solution.
• Most of this information is spread across nonintegrated systems with an enormous collection of manually maintained spreadsheets required to meet management’s needs
Why is this so?
• IT Departments are experts on relational applications for the day to day operations of the company
• Management is expert at using spreadsheet for planning, monitoring and controlling.
• In most companies these process are not integrated.
Filling the Gap
• Access data stored in relational databases
• Make it available in Excel and the Web for accurate, real-time planning, analysis and reporting
• Through the use of Multidimensional DB
Intelligent Performance Management Tools
• Relational Database – for the processing and storing of operational transactional data.
• Multidimensional Database – the engine that turns your transactional data into actionable knowledge and drives your planning, budgeting, analytics, and reporting applications.
• Spreadsheets/End user tools – the familiar tools that should be used as a powerful resource.
RDBS
Intelligent Performance Management Components
1. Management control processes and metrics
2. Relational databases
3. Multidimensional databases
4. End user tools
Intelligent Performance Management provides the capability to plan, implement, monitor and control management's vision for the enterprise by efficiently integrating the following:
RDBS
Architecture
• The architecture for the integration needs to be based on the business processes, and the metrics that are required to meet the objectives of the enterprise.
• Many try to use existing technologies and skill sets to create a system an often create a technology driven problem that fails to meet the objectives of the enterprise.
General ledger
Sales automation
Custom apps
manufacturing
Project management
WebBrowser
CustomGUI
BIXLExcel
PowerOLAP
Multidimensional DB
Intelligent Performance Management –
Summary
Intelligent Performance Management can provide
• predictability for financial and operational performance,
• improved business planning, analytics, reporting and operational accountability.
• PowerOLAP demonstrated as a Business Intelligence solution.
Intelligent Performance Management
Empowering Your Enterprise
