While Oracle’s acquisition attempts of PeopleSoft continue to evolve, more organizations are looking to use business intelligence (BI) to leverage existing ERP investments to manage operational performance. This insight was garnered from Ventana Research, a performance management research and advisory firm, after analyzing the data in its soon-to-be-released “Operational Performance Management” study. The value of operational performance management, the practice of managing the effectiveness of business activities and processes to a common set of goals and objectives, is focused on addressing critical business drivers such as maximizing revenue and managing operational costs.
The study clearly shows that the focus of organizations is shifting toward using business intelligence technologies to leverage existing ERP investments. Contrary to current sentiments of waiting until the dust settle on the acquisitions (or non-acquisitions), Ventana Research recommends that customers leverage existing ERP investments with existing technologies to enable operational performance management. In particular, customers of PeopleSoft and JD Edwards should take note of vendors that currently have prebuilt integration with both these vendors. They include Actuate, Business Objects, Cognos, Informatica, MicroStrategy and Vanguard Solutions.
The Ventana Research study, “Operational Performance Management,” revealed two important points that affect the ERP market. First, companies are now focused on maximizing performance, and second companies are realizing that ERP systems are not the answer for managing operational performance.
Referencing the study, CEO of Ventana research, Mark Smith noted, “We are seeing organizations turning away from the ERP systems to BI technologies to leverage the information from their existing transaction-centric ERP systems to help them better understand, optimize and align their strategies and processes. We believe that customers shouldn’t wait until the dust settles on these acquisitions, but instead take this time to investigate technologies like BI that will help them drive operational performance management within their organizations so that they can remain competitive in the next decade.”
Ventana Research’s Operational Performance Management Research Study will be available in mid July and was comprised from over 1,000 global companies across vertical industries. The research study provided insight into how organizations are managing business processes through techniques such as measuring and monitoring. The interviews were performed across executive, line of business and IT management. From this research, Ventana Research has solidified its recommendations to global organizations on the Oracle PeopleSoft drama and where they should make their new IT investments.
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