Information Builders, the enterprise business intelligence (BI) standard of choice for organizations around the world, announced the release of WebFOCUS Performance Management Framework (PMF) 3.1. This release further extends the company's vision for operational performance management as the way to connect strategy to operations, making information accessible to a broader set of users for optimal decision-making. Information Builders has helped define operational business intelligence with the WebFOCUS enterprise platform for BI. Combined with the integration platform from iWay Software - an Information Builders' company - Information Builders delivers the right information to the right people at the lowest TCO.
The optimal performance management system is invisible to business intelligence in terms of information, data access, and availability to those who can act upon it. If an organization wants to understand and manage performance from both a strategic and operational point of view, then users need the ability to access real-time information from the operational systems and deliver it to all operational staff. That strategic system then delivers timely key performance indicators (KPIs) from all business units to executives for a single version of the truth. In this way, all operational systems are provided with the same context when managing performance and overall strategy.
"Organizations are now taking performance management operational, requiring information as part of their weekly and daily activities," said Mark Smith, CEO and executive vice president of research for Ventana Research. "Information Builders' performance management framework delivers flexibility and integration into operations to provide an offering that helps link strategic and operational information for managing performance."
WebFOCUS PMF delivers exceptional value by enabling organizations to truly achieve a holistic view of their performance with native and direct transparency into their operational systems. PMF combines the analytic, graphical, predictive and discovery aspects of BI with the cause/effect, weighting, balancing, and leading-indicator analysis of performance management.
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