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Intelligent Performance Management
Empowering Your Enterprise
Duane E. Presti, CEO
PARIS Technologies, Inc.
www.paristech.com
[email protected]
Artificial Intelligence and
Business Intelligence
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•
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.
RDBS
• 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.
Intelligent Performance Management
Components
Intelligent Performance Management provides the
capability to plan, implement, monitor and control
management's vision for the enterprise by
efficiently integrating the following:
1.
Management control processes and metrics
2.
Relational databases
3.
Multidimensional databases
4.
End user tools
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.
Custom apps
manufacturing
Sales automation
Project management
General ledger
Multidimensional DB
BIXL
Excel
Custom
GUI
PowerOLAP
Web
Browser
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