Microsoft rolls out performance management BI software
PerformancePoint Server integrates financial planning, budgeting and forecasting
Computerworld - Microsoft Corp. today announced that its has begun shipping Office PerformancePoint Server 2007, which it said will allow companies to use a single tool to monitor, analyze and plan business operations.
The performance management application can be used to develop strategies and set goals that can be expressed as metrics and key performance indicators, Microsoft said. Users across a company can access data compiled by the application, and monitor their performance against the metrics, through familiar Office tools like Excel, it said.
"Customers have spent hundred of billions of dollars over the past 15 years for ERP, supply chain management [and] sales force automation," said Jeff Raikes, president of Microsoft's business division. "But how can that be channeled to deliver better insight? BI is really only used by 10% or fewer information workers today."
Raikes compared the state of business intelligence today to the status of word processing 20 years ago, when only a select few workers had access to the software. Today, he said, only a company's "high priests of data" have access to BI and analysis tools.
"Our vision is to bring the powerful capability of BI to all information workers ... to democratize access to critical business insight," he added. "We will revolutionize the economics of BI by making broad deployment possible through a low per user price point. Microsoft ... will bring BI capabilities to 10 times the number of information workers because we deliver BI exactly where they are working every day."
During a conference call announcing the software, Ulf Hilton, group finance manager of Oticon, a Danish hearing-aid company, said that his company expects to go live with PerformancePoint in February 2008. Oticon opted for PerformancePoint because it would offer corporate performance management tools companywide and because it lets users access data through the familiar Excel interface, he said.
"All our finance people who are contributing to this system use Excel daily," he said. "Excel's existence cannot be eliminated."
In addition to making end users happy, PerformancePoint's support for Excel ensures data integrity and version control, he said. The Excel support should also allow the company to continue using its various homegrown Excel budgeting and reporting modules, he added.
Read more about Business Intelligence/Analytics in Computerworld's Business Intelligence/Analytics Topic Center.
- AWS and Jaspersoft Disrupt BI TIBCO Jaspersoft for AWS and Amazon Redshift disrupt business intelligence with cost-effective analytics in the cloud. Available by the hour in a pay-as-you-go...
- Cloud BI Demo: Jaspersoft for AWS Watch a 5-minute overview demo of Jaspersoft for AWS and see how to easily and affordably build business intelligence solutions as well as...
- Big Data, Big Mess: Sound Risk Intelligence Through Complete Context This paper examines the insecurity of the small businesses in the supply chain and offers tips to close those backdoors into the enterprise.
- Automating Cost Transparency By making all of the costs of running IT transparent, IT can change the way business units consume IT resources, drive down total...
- Cloud BI in Action: Recorded Webinar of Customer, Kony, Inc. See how Kony, Inc., a leading enterprise mobility company, is using TIBCO Jaspersoft for Amazon Web Services and Redshift to achieve embedded analytics...
- Cloud BI Overview: Jaspersoft for AWS Check out this overview of Jaspersoft for AWS, to easily and affordably build business intelligence solutions as well as embed visualizations and analytics... All Business Intelligence/Analytics White Papers | Webcasts
Our new bimonthly Internet of Things newsletter helps you keep pace with the rapidly evolving technologies, trends and developments related to the IoT. Subscribe now and stay up to date!