Profile of Mark Smith
News & Commentary Posts: 87
Mark is responsible for the overall direction of Ventana Research and drives the global research agenda covering both business and technology areas. He defined the blueprint for Information Management and Performance Management as the linking together of people, processes, information and technology across organizations to drive effective results.
Articles by Mark Smith
posted in May 2007
SAP has decided to retool its financial performance management offering. Why? The reason is the business software giant's announced acquisition of OutlookSoft… OutlookSoft comes with a strong Microsoft-based technology approach and capabilities for budgeting, planning, consolidation, reporting and analysis. If it can harness these, SAP has the potential to be a significant player for financial performance management.
IBM software executives have long insisted that [BI] components are applications and not middleware and that IBM is not in the applications business. Recently, though, that monotone is fading, to be replaced by a new note: They now say "No Comment," or when they do comment, talk about Hyperion-like technology as though this part of the BI market involves just the writing and delivering of reports.
We are seeing the market for analytics change again with TIBCO's announcement that it plans to acquire Spotfire, a rapidly growing provider of analytics for operations management. This merger will bring analytics to a leading information bus and business process management provider… TIBCO's CEO, Vivek Ranadivé, espouses the building of a predictive business, something that cannot be accomplished without analytics…
It's sad but true that in most organizations "business intelligence" is something of an oxymoron. The term ought to refer to the ability to ascertain the state of a company's performance and then to determine its future direction and strategy by applying information and metrics… Many companies fall short… but a self-assessment can show you where new investments are necessary to spread BI to everyone in your organization.