Tag Archives: epm

The Age of Big Data – Kscope14 Keynote Address by Jake Porway

Jake Porway, data scientist and founder of DataKind™, challenges us to use big data to change—and maybe even save—the world. Don’t miss his presentation at Kscope14’s Keynote Session on Monday, June 23, where he will explain what big data is, how it’s being used around the world—and why we should care.

I’m looking forward to attending and presenting on “Delivering Actionable Insight” as part of the EPM Business Content track.

My presentation will look at how reporting analysts often spend more time creating reports, rather than analyzing the data.

We’ll look at how data is presented, which with the correct use of visualization and perception techniques can aid users understanding.

And finally I’ll share techniques to create reporting which delivers actionable insight faster to users.

Register for Kscope14 here.

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kscope12 is less than one month away

June is just around the corner and the Kscope12 conference is coming up fast.

Check out the agenda, presentations and presenters for the 250 sessions.

For those of you unsure whether it’s worthwhile, how you can convince your manager and what attending can give you, the great folks at ODTUG have prepared some justification letters for different participants:

Get your request in today, the Advance rate ends on June 9th!  Hope to see some of you there!

The BI/EPM letter is as follows:

Memo: Request for Approval to Attend ODTUG Kscope12, June 24-28, 2012,San Antonio,TX

To: (Manager’s Name)

Submitted By: (Your Name)

Date:                                                   

It’s hard to find a conference that’s big enough to attract world renowned speakers and small enough to get the chance to share knowledge. ODTUG Kscope12 is that conference.

This is my opportunity to learn from the best technical minds in the business and bring back knowledge that will enhance our organization. No other conference in the Oracle world features this kind of development-specific training and content including lessons learned by other companies facing similar challenges and hundreds of opportunities to learn money-saving techniques.

Below are the reasons why my attendance at this conference is of value to our organization:

  • 100+ technical sessions focused on BI/EPM
  • 3 days of Hands-on Training – No extra charge
  • An all day BI/EPM symposium – No extra charge
  • Great networking opportunities including: Lunch-and-learn sessions with Oracle ACE Directors, meet the Oracle experts, Vendor showcase, and special events

The technical sessions are based on tools and techniques we utilize in our work on a daily basis.

  • Business Intelligence
  • Essbase
  • Hyperion Applications
  • EPM Business Content
  • Essbase Beginner

ODTUG Kscope12 is very reasonably priced compared to other conferences in our industry, and it is the most specific one for developers—with its wealth of learning and networking opportunities, it’s definitely worth the investment.

The Full Conference Registration, Advance rate is $1,800 for ODTUG members and $1,950 for non-members. In order to take advantage of the Advance registration discount, I would greatly appreciate a response by
June 1, 2012.

Thank you in advance for your consideration.

Visit www.kscope12.com to find out more.
Sincerely,

Name

a sign of the i-times

ImageAfter attending the recent Oracle update on their business analytics strategy, including the latest Hyperion release and Exa-everything supercharged hardware and software stacks I had expected the usual follow up emails asking me to buy and sell to clients.

However, along with the links to the recorded presentations and content (in pdf), there was also link to download in ibook format.

That just goes to show how ubiquitous the iphone/ipad has become in the  corporate world.

Of course Oracle has been pushing their mobile applications, which run as part of the OBIEE suite, which don’t require any special coding. but you do need OBIEE.

Interesting to see that it’s not just a pdf converted, there are links as well as video embedded (see image below).

 Now I only need an exalytics box to play around with …. 😉

hyperion 11.1.2.2 announced

Almost a year since 11.1.2.1 was released, Oracle have had a big event in Tokyo to announce the release of 11.1.2.2 (among other things).

Great to see our president and founder Robin Ranzal quoted in the release:

“Organizations that lack visibility into cost and profitability will find the expanded features of Hyperion Profitability and Cost Management attractive,” said Robin Ranzal, president of Edgewater Ranzal. “These features allow revenues and costs to be allocated at a very granular level. Executives gain improved insight into how customer-driven interactions across any channel impact profitability and allow for improved decision-making about company offerings.”

It will probably take a few days for the downloads to be released and the new readmes and known issues fully read and understood. Then there should be a flood of information on the internet tubes 😉

The one interesting note is that Oracle Hyperion Calculation Manager has replaced Oracle Hyperion Business Rules as the mechanism for designing and managing business rules, therefore, Business Rules is no longer released with EPM System Release 11.1.2.2. If you are applying 11.1.2.2 as a maintenance release, or upgrading to Release 11.1.2.2, and have been using Business Rules in an earlier release, you must migrate to Calculation Manager rules in Release 11.1.2.2.

Will be interesting to see if the Hyperion suite follows the OBIEE 11.1.1.6 lead and releases a Solaris x86 version at release.

Kscope12: San Antonio, Texas. June 2012

Image

My abstract has been selected for the Kscope EPM Business Content – Subtopic: Product Demos topic, so I’ll be in San Antonio, Texas in late June presenting:

Field of Reporting Dreams: Build it and users will come?

How data visualization can give you an extra edge in bringing and maintaining happy users.

While previous presentations have covered mostly stand-alone data visualization, this one also looks at how it can help in creating a reporting ecosystem to understand how to bring components (including visual ones) together to enable users to get to the answers faster and easier.  So users spend time on decisions, not on compiling reports.

I’ll post some information leading up to the event, but in the meantime, you can head over to the Ranzal blog, where I’m also posting a series on using data visualization and usability to enhance end user reporting.

I’m looking forward to Kscope to catch up with colleagues, industry thought leaders and immerse myself in a great learning experience.  Hope to see some of you there!

atlanta connection point

Just a quick note to say the schedule for Atlanta OAUG Connection Point EPM/BI conference has been released and I’m presenting in the Financial Consolidation & Reporting track 😉

Looking forward to catching up with industry experts, colleagues and friends.

seattle connection point day two review

After a full day on Wednesday, Thursday again had some tough choices for which presentations to attend at the Seattle OAUG Connection Point EPM/BI conference:

Hari Sankar, from Oracle, gave the keynote on the present state of Hyperion/EPM and the overall plan/roadmap going forward – well as much as anyone from Oracle does with their standard disclaimer that any feature mentioned in a future product may or may not happen.  Of interest to me was the confirmation of Financial Reporting and Planning products being key products in the “Fusion release” of BI/EPM, whenever that happens – as I have a lot of experience in reporting and forecasting and don’t want that to go to waste 😉

Hari also covered off a few possible highlights in the next release of Hyperion:  11.1.2.1, scheduled for release in the first half of 2012.  Nothing really killer from my perspective or previous clients that they would use, but making the Hyperion suite much more integrated and incorporating the best of breed from other products.

I then attended two customer implementation presentations, to get some different perspective from different industries than I have worked with.

After lunch there was a group chat with all attendees discussing the setup and format of the conference, from the very scientific ‘show of hand method’ there were some interesting results:

  • 50% of attendees were from out-of-town
  • most were users of Hyperion products, with Essbase and Planning being the main products used
  • a small number of users had OBIEE actively installed, although given the Oracle product direction to consolidate Hyperion and OBIEE at some point, most were keen to seen the product and understand the features
  • most people were happy with the format, although with five separate streams it meant, like me, they missed other conflicting presentations – which while the presentations go up on www.oaug.org for members, you don’t often get the full context or understanding
  • a high proportion of the local users were keen to meet regularly and some had only heard about the event a week or so in advance, good news for the local Northwest Oracle Users Group

The afternoon was spent catching up on some work and attending some introductory and best practice sessions.

It was a very busy two days with lots of information to process and new faces to meet.  I’d like to thank the organizers for all their hard work and the Hyatt Regency Bellevue staff for putting on fabulous food and nibbles.  Thanks also goes to the other presenters and sponsors of the event, who helped make it an enjoyable and education two days.

seattle connection point day one review

Just a quick wrap up from day 1 at the Seattle OAUG Connection Point EPM/BI conference:

Today started with an overview of BI/EPM from Tobin Gilman, VP EPM & BI Marketing @ Oracle.  He highlighted some of the progress Oracle has made progressing their vision to consolidate and integrate the Hyperion and BI applications as well as showing how to take BI to the next level by enabling actions based on exceptions.  He also gave a shout out for my visualization presentation after lunch, so I guess I owe him a share of the gate 😉

Again as for most Oracle events there was a great choice of topics, which meant some hard decisions had to be made over which sessions to attend.   I ended up attending two planning presentations, to catch up on the latest tips and tricks.

After lunch I gave my presentation on data visualization, which covered the full process from understanding the customers requirements, to designing and crafting reporting, while visiting some of the science and psychology behind how we perceive and interpret graphs and charts.

I also showed some examples of chart/dashboard designs and how to be smarter in building them, using the science and psychology above – to make them easier to interpret and see the trends and key messages.   I’ll post a summary of the main points later this week.

The afternoon was closed off by Tom Spitz, who leads the Oracle Unified Method (pdf)  – which is a standard based methodology for implementing IT projects, with several views, templates and guidelines which can be used depending on the project.

It was great to catch up with a few people I haven’t seen in a while and meet some new faces.  Overall a busy day, with lots to take in – looking forward to tomorrow sessions.

Great site for finance info and content

An email came across my screen last week about the CFO Central site from Oracle, which I had looked at a long time ago, but forgotten about.  The site has lots of resources and articles about how to work smarter especially targeted at finance folks and you don’t have to be a CFO to understand what’s going on.

Some examples are:

  • best practice for financial reporting
  • industry and analyst reports discussing current market influences
  • case studies showing how other organisations have improved process or driven down times spent or increased ROI
  • highlights from the 2010 CFO summit held in April
  • top 12 questions CFOs can ask their CIOs today to accelerate technology-driven business transformation

Check it out today and bookmark for future use.

(Note:  free, registration is required to download content).

UK OUG Hyperion Conference Day 2

Some highlights from Day 2 of the UK OUG Hyperion conference:

Customer presentation from Tesco, which reviewed their recent 18 month project to refresh their reporting processes and systems from being UK centric to being global:  very interesting to see the implementation issues and significant benefits from the go live since March 2010.

I then chaired a session which reviewed the insurance industry and approaches to Solvency II present by Symon Dawson from PWC.  While this is a new area for me, it was interesting to understand the trade offs and project timelines managing the impending go live in Oct 2012 and the various uncertainties involved.  It seems while most Hyperion implementations have involved finance and management reporting, very little has expanded to the risk and insurance sectors of business.

My two sessions on Financial Reporting Studio and Reporting Visualisation were well received and I had some good feedback for both.  What came out of the sessions was that most customers were on system 9 or 9.3.1 and wanting to understand the benefits and key features of new releases.

I really enjoyed the visualisation presentation as many attendees were able to understand the key concepts and ways that users interpret and process visual information.  Hopefully I’ve given the folks that attended an appreciation for simplicity and for focusing on the value add that reporting designers and architects can have for analysts – so they spend time analysing and not creating or understanding data.

The last session of the day was also very interesting – an essbase round table discussion where users were able to talk about key issues for them and share ideas and learn from each other.  I think this is a key feature we can use more in future events as people engage more with the content and learn and share.

Thanks to my fellow Hyperion SIG committee members for their time effort and dedication over that past 3 months in helping plan and select content for the event.

Another thanks to the UK OUG staff for organising everything, Twickenham Stadium is really a great place to be and the service and food were fantastic.

And finally thanks to all the sponsors, attendees, presenters, contributors and everyone who participated by asking questions and sharing knowledge.  You all helped create a great event.  Thanks and see you all next time.

For all those folks who want to learn more and get involved in the wider community Edward Roske has set up a Linkedin group for Oracle Essbase and there are the wonderful Oracle Forums, which provides a worldwide forum for questions and answers provided by a wide user base.