Oracle Experiences Unprecedented Support for Enterprise Performance Management
Leading System Integrators and ISVs Increase Customer Value with Oracle
ORACLE OPENWORLD, SAN FRANCISCO 13-NOV-2007 Oracle today announced that market-leading Independent Software Vendors (ISVs), Value Added Resellers (VARs) and Systems Integrators (SIs) are supporting Oracle's Enterprise Performance Management (EPM) System. The growing ecosystem is playing a significant role in the worldwide adoption of Oracle's EPM offerings.
Oracle's EPM System is designed to support critical management processes including setting goals, formulating plans, monitoring performance, analyzing variances and exceptions, reporting to stakeholders and aligning and adjusting actual with plans. The comprehensive system unifies transaction, business intelligence (BI) and performance management software to create a complete management view. With Oracle's EPM system, ISVs, VARs and SIs gain new options for training, integration, development and certification that enable them to further fuel growth and increase customer value.
"Oracle's Enterprise Performance Management System provides the vendors, resellers and integrators we work with the opportunity to create and deliver critical business decision-making solutions that can be used across Oracle® and non-Oracle IT environments," said Thomas Kurian, senior vice president, Oracle Server Technologies. "Following our integration of Hyperion, we continue to see strong support across all levels of our ecosystem, further demonstrating organizations' demands to take their information strategies to the next level."
Leading Organizations Back Unified Platform for Enterprise Performance Management
In its recent report, "Worldwide Business Analytics Software 2007-2011 Forecast Update and 2006 Vendor Shares," IDC estimates that total business analytics software revenues grew by 11.2 percent in 2006 to reach $19.3 billion. IDC expects total revenues to continue to grow at a healthy compound annual growth rate of 10.3 percent over the next five years.(1) Built on a standards-based, hot-pluggable architecture, Oracle's EPM and BI software presents a significant revenue opportunity for organizations. Today, numerous industry-leading solution, technology and service providers in every major industry - including manufacturing, media, telecommunications, financial services, education, healthcare and pharmaceutical, public sector, transportation and logistics - team with Oracle to help customers measure performance, improve profitability and drive better business value.
VARs and SIs benefiting from their support of the Oracle Enterprise Performance Management System include AnswerThink Inc., BearingPoint, BI Consulting Group, Cognizant Technology Solutions, Deloitte Consulting LLP, Hitachi Consulting, IBM Global Business Services, KPI Partners, MetricSphere LLC, Palladium Group, Ranzal & Associates, an Edgewater Technology Company, TopDown Consulting, Vertical Pitch LLC and WHITTMANHART.
ISVs extending their solutions to customers by embedding or bundling Oracle Enterprise Performance Management software as part of their offerings include 3i Infotech Ltd., Callidus Software Inc., eMeter Corporation, Island Pacific, Milletech Systems Inc., Sophoi, Inc., SunGard, Taurus Software Inc., and Vertex, Inc. These leading organizations leverage Oracle to power the BI and EPM components of their solutions and drive strategic product differentiation and revenue.
"BearingPoint and Oracle both understand that an enterprise's greatest asset is its information. Simply put, organizations gain a competitive advantage when the right people are empowered with the right information, at the right time," said Steve Lanchak, Global Commercial Oracle Market Leader at BearingPoint. "We've been working with Oracle extensively for 13 years, giving us deep experience with Oracle's Enterprise Performance Management systems, and helping clients better understand their finances, customers, competitors and risks."
"The most progressive and adaptable businesses in the world are focused on turning information into actionable intelligence," said Eddie Short, vice president of Business Information Management with Capgemini. "Oracle's EPM software allows organizations to align IT professionals and business leaders around a single source of truth that can be used to stay ahead of the competition."
"Enterprise performance management is increasingly becoming a top priority for many companies as they need higher quality information that helps executives make smarter
decisions and improve overall business performance," said Jason Downing, principal, Deloitte Consulting LLP. "Deloitte Consulting has helped a number of organizations worldwide in their efforts to plan, analyze and improve the performance of their businesses - and to choose the right course of action, fusing together executable strategy, operations and technology."
"Oracle's Enterprise Performance Management strategy has enabled dozens of our customers to rapidly gain access to valuable metrics and insight, which were historically buried in a variety of operational systems, including Oracle E-Business Suite, PeopleSoft, Siebel, JD Edwards, and most dramatically, non-Oracle operations systems such as SAP. Oracle's acquisition and integration of Hyperion's technology closes a gap in our customers' EPM needs, and now links all business units within our customers including finance, marketing, sales and operations," said Michael Martin, president and chief executive officer, BI Consulting Group.
"Hitachi Consulting is a leader in delivering practical business strategies and technology solutions," said John Sims, vice president, Consulting Services, Hitachi Consulting. "With Oracle's Enterprise Performance Management System, we can provide our customers the right solutions - from BI to finance to data warehousing - to help solve their respective business needs and enable them to turn their information assets into actionable insights that drive true business results."
"Today, CEOs expect Finance to help manage enterprise performance, to partner to support growth, and to be a major contributor to strategy execution," said David B. Friend, MD, president and chief executive officer, Palladium Group. "Our clients face intense pressure to increase visibility and transparency, improve resource allocation, explain value drivers and address regulatory requirements simultaneously. They need to bridge the gap between finance and operations. Oracle's Enterprise Management System can help our clients connect these two critical silos and map business goals to business results."
"TopDown Consulting, Inc. specializes in the deployment of high-quality enterprise performance management solutions," said Juan Porter, president, TopDown Consulting. "We focus on helping our customers map and implement a strategic course for performance management that can drive results throughout their organization. Oracle provides the industry's most comprehensive Enterprise Performance Management system - from Business Intelligence to Performance Management - that can enable our customers to maximize their information assets across the enterprise and achieve true business clarity."
"WHITTMANHART Consulting and Oracle have worked together for more than 22 years helping clients leverage information based analytics to drive strategic decisions that create competitive advantages," said Mark Sullivan, WHITTMANHART Consulting CEO. "Oracle's Enterprise Performance Management System combined with Oracle Fusion Middleware provides a one stop, best-of-breed answer that accommodates the increasingly complex data environments of our clients and improves their ability to manage risk, understand customer needs and improve financial performance."
"Using Oracle Business Intelligence as a BI platform for our Premia and Orion applications, we are able to provide our Banking, Financial Services and Insurance customers with the ability to produce high-fidelity pixel perfect reporting and real-time analytics capabilities," said Hari Padmanabhan, deputy managing director, 3i Infotech Ltd. "Oracle Business Intelligence's ability to federate data from multiple data sources into a single output document with flexible formatting, coupled with scalable performance will be a key differentiator for our solutions."
"We're increasingly seeing customers want to link EPM to operational areas, such as Sales. Callidus TrueQuota enables companies to allocate sales quota targets across complex sales organizations and to compare the sales goals to corporate objectives," said Steve Apfelberg, vice president of marketing at Callidus Software Inc. "We were able to get a robust TrueQuota to market quickly largely due to the strong, underlying capabilities provided by Oracle's EPM system."
"Leading Media and Entertainment customers are looking for high-level insight into the rate of use and the availability to sell and license their media assets worldwide," said Lisa Schwartz, vice president, Global Marketing, Sophoi, Inc. "Sophoi's Intellectual Property Licensing Suite coupled with Oracle Business Intelligence, enables quick display of industry-specific dashboards that customers can use to help improve their return on intellectual property."
"Now more than ever, our customers are looking to drive more intelligence out of their information assets," said Rafey Kazi, CIO of SunGard's energy solutions business. "By using Oracle in our solutions, we are able to add value to our customers and gain a strategic competitive advantage over other solutions in the market."
About Oracle Business Intelligence and Enterprise Performance Management
Oracle Business Intelligence is a portfolio of technology and applications that provides the industry's first integrated, end-to-end Enterprise Performance Management System, including category-leading performance management applications, BI applications, BI foundation and tools, and data warehousing. For more information visit: www.oracle.com/epm.
About Oracle Fusion Middleware: Leader in Middleware
The company's comprehensive, standards-based family of middleware products, Oracle Fusion Middleware software spans portals and process managers to application infrastructure, developer tools, enterprise content management and business intelligence. Oracle Fusion Middleware enables organizations to increase their capacity for growth and change; improve insight into business operations; mitigate risk and drive compliance; and connect with customers, partners, and workers. More than 50,000 customers now use Oracle Fusion Middleware and include leading organizations in the Financial Services, Telecommunications, Manufacturing, Retail, Pharmaceuticals, Health Care and Public Sector industries. Oracle Fusion Middleware is also supported by 9,000 partners, including market-leading independent software vendors, value-added resellers and system integrators. For additional information visit: www.oracle.com/middleware.
About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at www.oracle.com.
Contact(s):
Rebecca Hahn
Oracle
+1.714.445.4611
rebecca.hahn@oracle.com
Letty Ledbetter
Oracle
+1.650.506.8071
letty.ledbetter@oracle.com
