Skip the navigation

BI tools help nonprofit make loans to tsunami victims

Hyperion and partners donate software to Opportunity International Network

By Heather Havenstein
March 11, 2005 12:00 PM ET

Computerworld - A nonprofit organization is deploying new business intelligence tools to help it scale up its IT infrastructure to meet the needs of thousands of tsunami victims in Southeast Asia.
Opportunity International Network, which provides business loans to poor people in developing countries, is rolling out $250,000 worth of BI tools and services donated by Hyperion Solutions Corp. and its partners, Answerthink Inc. and Tableau Software Inc., Hyperion said this week
Opportunity International, a 34-year-old nonprofit, specializes in microfinance -- the practice of making small loans that average about $200 -- to allow poor clients to start small businesses such as cooking and sewing services. The Oak Brook, Ill.-based organization has partners in developing countries to help manage the loans.
The donated software will boost the visibility of loan portfolios as the organization prepares to add tens of thousands of new clients in tsunami-ravaged India and Indonesia, as well as in AIDS-stricken Africa, officials said.
The new tools replace a Microsoft Excel-based financial management system. Without them, Opportunity International couldn't take on the significant numbers of additional loans it plans to dole out, said Larry Reed, CEO of the charity.
Opportunity International plans to increase its client base from 675,000 to over 1 million by 2007 and to 2 million by 2010. The aggressive growth plan has put a lot of stress on the organization's IT infrastructure, according to Reed.
Sunnyvale, Calif.-based Hyperion donated Version 7 of its Essbase database, Analyzer analysis tools and Visual Explorer visualization tools.
Opportunity International intends to use the tools to push information to its 40-plus program managers in 27 countries to help them manage local programs, said Timothy Head, the organization's information services manager. "We need to pull all the data ... to one central database that we can analyze, and we need a way to get that information back out to people in the field," he said.
As part of its effort to aid the tsunami-affected regions, Opportunity International is working with 1,000 clients in fishing villages in India and plans to provide loans to 20,000 people in India during the next two years. In Indonesia, the charity may add 10,000 clients during that time.
"The ability to manage information -- especially to track what is happening with clients there -- is very important for us to ramp up the program there," Reed said.
In Africa, the organization plans to add 11,000 clients in the next three years to help those struggling with the AIDS epidemic.
The Hyperion tools have already made it possible



Additional Resources
Forrester Consulting - Optimizing Users and Applications in a Mobile World
WHITE PAPER
Solving application issues over the WAN requires careful consideration. Based on their independent research, Forrester Consulting offers recommendations on how to tackle application performance issues, insufficient bandwidth and the inability to quickly restore users in a disaster.

Read now.

Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

BI and Analytics White Papers
X-Ray of the PCI Process-4 Proactive Steps
This white paper from Forrester Research Inc., helps break PCI into understandable components. Security and risk professionals will gain knowledge and insight into...
Forrester: Economic Impact of Switching to Google Apps
Content provided by Google

Read this Forrester report on the "total economic impact" of Google Apps, and learn how switching to Google Apps creates...
Intelligent Systems: Unlocking Hidden Business Value with Data
An intelligent system enables data to flow across an enterprise infrastructure, spanning the devices where valuable data is gathered from employees and customers,...
Concepts of NonStop SQL/MX
For DBAs and developers who are familiar with Oracle solutions and want to learn about NonStop SQL/MX, this whitepaper provides an overview of...
HP Advanced Information Services for SAP In-Memory Appliance (SAP HANA)
Organizations are eager to connect the vast amounts of data available within and outside their businesses to compete more effectively and make better...
All BI and Analytics White Papers
BI and Analytics Webcasts
Quantifying the Business Value of VMware View - Webcast
Many enterprises have discovered that the use of virtualization to support desktop workloads creates a range of significant benefits. These benefits include price...
Good to Great - How to Take Business Analytics to the Next Level
By attending this webcast you will learn how you can implement an effective BA strategy that will deliver maximum strategic value to your...
Supporting Mobile Productivity With A Limited IT Budget
Join us and hear from Kaseya mobile IT management experts as we discuss core strategies for supporting the mobile revolution on a shoestring...
User Experience Monitoring
In this webinar, you will learn hints & tips for improving end-user response times from Forrester Research analyst, Jean-Pierre Garbani.
Hints & Tips Cisco
Overwhelmed by tracking your Vblock, Flexpod or Cisco UCS performance? Spend one hour with Nimsoft to learn how you can eliminate the overhead...
All BI and Analytics Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs