Business Intelligence Software eliminates data warehouse.
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Press Release Summary:
Direct Access, foundation of Graphical Performance Series® business performance management software, delivers integrated enterprise information to decision-makers without relying on data warehouse. It supplies comprehensive enterprise information, reporting, and analytics by accessing and integrating information directly from multiple, disparate source systems. Information views can be generated in real-time, or published based on predetermined schedule.
Original Press Release:
Vanguard Delivers Direct Access: Enterprise-Class Business Intelligence for Manufacturers Without the Enterprise-Size Cost
Vanguard Innovation Does Not Require a Data Warehouse, Reducing Costs and Improving Business Agility
CHICAGO-July 27, 2004- Vanguard Solutions Group, Inc., a leading provider of performance management solutions for small- and mid-sized manufacturers, today introduced Direct Access, the technological foundation of its Graphical Performance Series® (GPS) business performance management solution. This new technology delivers integrated enterprise information directly to business decision-makers without relying on a data warehouse, saving time, increasing business agility and reducing costs.
Vanguard helps companies leverage their installed enterprise resource planning (ERP) and other enterprise systems by providing powerful business intelligence and analytics solutions. The Vanguard GPS solution gives each user immediate access to vital business information, and the tools to use that information to improve business performance.
Vanguard's innovative new technology enables decision-makers to receive all the benefits of a data warehouse without the expense or complexity normally associated with one. Direct Access supplies comprehensive enterprise information and high performance reporting and analytics by accessing and integrating information directly from multiple, disparate source systems. Vanguard's patent-pending solution translates business requests into Direct Access data queries to enterprise transaction systems and delivers the information results to the user in a fully integrated, business-focused information view. Information views can be generated in real time, or published based on a predetermined schedule.
"The core concept behind the Vanguard solution is that business intelligence must be demand-driven," said Tony Balio, President and CEO of Vanguard Solutions Group. "The business needs of the user dictate the technical solution, not the other way around. Data warehousing used to be synonymous with Business Intelligence. While data warehousing is one means to an end, it is no longer a requirement. Direct Access streamlines the solution, saving our customers' time, implementation expense, hardware investments and ongoing maintenance costs."
The time to deployment for Vanguard's performance management solution is drastically reduced, meaning that businesses are able to see almost immediate returns from their information assets. "The key win with Direct Access is in fast time-to-value from data, particularly for mid-tier firms," said Eric Rogge, Vice President and Research Director, Ventana Research. "Vanguard's technology enables businesses to get performance management information into the hands of business users without waiting through a long warehouse project."
Business executives using Vanguard's Direct Access will see several major business benefits:
o With real-time information pulled directly from the source systems, they will improve business agility, make better decisions and improve the time-to-value of their data.
o They will eliminate the need to invest in a data warehouse, centralized data mart, extract-transform-load (ETL) software, or storage hardware. According to industry estimates, costs range from about $350,000 for medium-sized businesses to several million dollars (Source: Cutter Consortium, 2002).
o They will improve the ROI of their ERP and other enterprise systems investments by leveraging the information generated by these systems to improve business performance.
"The business driver is agility - the ability to add things quickly without performance suffering is the true business value for us," explained Daniel Bolton, IT Manager of Intertape Polymer Group, a plastic and paper packaging manufacturer. Intertape, along with several other Vanguard customers, is currently phasing out its data warehouse for business reporting in favor of Direct Access.
About Vanguard Solutions Group, Inc.
Founded in 1993, Vanguard Solutions Group delivers performance management solutions that help companies intelligently interpret and analyze business data. Vanguard enables companies to leverage their investments in enterprise systems by transforming operational data into business insights, providing the information basis for improved decision-making and enhanced profitability. The company focuses on small and mid-sized manufacturers and has deep domain expertise in the manufacturing industry. Vanguard is headquartered in Chicago, with additional offices in the United Kingdom and affiliates around the world. Companies like, Bayer AG, Intertape Polymer Group, Noveon, Parker Hannifin and Valvoline rely on Vanguard for enterprise reporting and analysis. Vanguard is a valued partner of leading technology firms including IBM, PeopleSoft, Ciber, Lilly Software Associates, WorkWise, Agilisys and Marcam. For more information, see vanguardsolutions.com.
