Mike would like to thank Brian Litofsky of Palladium Group for his contribution to this column. As I'm sure you're aware, there has been significant consolidation within the business intelligence and corporate performance management landscapes. Software and services vendors are merging to capture market share and provide end-to-end solutions that can better link operational, financial and analytical data to strategic business objectives. This consolidation trend has led to the convergence of both process and technology in the BI and performance management arenas.
Historically, performance management was managed out of the finance organization for the purpose of financial planning and consolidation while BI activities were managed out of the BI competency center for the purpose of reporting and analysis to drive management insight. This distinction becomes blurred as BI and performance management practices are used collectively to enable the same business processes across three business areas: executive, finance and operations.
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