Having just completed the 2021 Ventana Research Value Index for Analytics and Data, I want to share some of my observations about how the market has advanced since our assessment two years ago. The analytics software market is quite mature and products from any of the vendors we assess can be used to effectively deliver information to help your organization improve its operations. However, it’s also interesting to see how much the market continues to advance and how much investment vendors...
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Topics:
Big Data,
Key Performance Indictors,
embedded analytics,
exadata,
Analytics,
Business Collaboration,
Business Intelligence,
Collaboration,
Data Preparation,
Digital Technology,
natural language processing,
Conversational Computing,
collaborative computing,
mobile computing,
AI and Machine Learning
Continuous planning is a term Ventana Research uses for a high participation, collaborative, action-oriented approach to planning built on frequent, short planning sprints. This enables organizations to enhance the accuracy of their plans because refinements are made at shorter intervals. Short planning cycles enable companies to achieve greater agility in responding to market or competitive changes. “Continuous” also means continuous across the entire organization – planning as an ongoing...
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Topics:
Human Capital,
Business Collaboration,
finance,
Business
Like many other industry observers I’ve heard overblown claims for information technology for decades. However, I’ve also observed that – eventually – reality catches up with vision. Finance and accounting departments are particularly resistant to change, yet because almost no corporations use adding machines or typewriters any more, it’s clear that transformative change can happen. Nonetheless, because users of business computing systems are inundated with “it’s better than ever” promotions by...
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Topics:
Social Media,
Supply Chain Performance,
Human Capital,
Mobile Technology,
Office of Finance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance
Imagine how the third Monday in next January looks to leaders in the sales department. That’s the first day of the annual sales kickoff and the excitement level won’t get any higher. New products and services are in the works, lucrative customer contracts are up for renewal, alliance partners are in the house, and qualified opportunities are already flowing through your pipeline. The executive team is expecting big things from sales in the new year and has approved hiring additional people to...
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Topics:
Sales,
Sales Performance,
Human Capital,
Human Capital Management,
Mobile Technology,
CRO,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
Operational Intelligence
It often seems to business-to-business (B2B) marketers as if the only people who understand them are other B2B marketers. They feel that salespeople don’t get what they do day-to-day, that friends and family don’t understand what they do for a living, and most of all that the executives to whom they report have no interest in what they do – that is, until the last day of the quarter. Then they require that B2B marketers deliver positive, lead-generating and revenue-producing results in reports...
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Topics:
Big Data,
Sales Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Operational Intelligence,
Hive9 Marketing Performance Management
In July Salesforce officially closed on its purchase of digital commerce platform provider Demandware for US$2.8 billion. Salesforce’s executives were interested in acquiring a digital commerce platform, and they claim that Demandware was routinely mentioned in their due diligence of the market. So out came Marc Benioff’s and Salesforce checkbook, and they paid. Handsomely. For that sizeable investment, Salesforce will add Demandware’s SaaS-delivered digital commerce capabilities to its...
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Topics:
Social Media,
Mobile Technology,
Office of Finance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Operational Intelligence,
Uncategorized,
Omnichannel, Commerce, Digital kDigital
Businesses and customers are ready for a new generation of digital commerce technology, but implementing it is challenged by significant barriers in two basic categories: technology commoditization and the lack of an IT and business framework for delivering great customer experiences. Regarding the first, for some companies making large IT purchases, the way an enterprise employs CAPEX and OPEX accounting practices to categorize spending on technology may be a deal-breaker when coupled with the...
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Topics:
Sales Performance,
Social Media,
Mobile Technology,
Wearable Computing,
Customer Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Operational Intelligence,
Uncategorized,
Mobile Marketing Digital Commerce
One aspect of living in downtown Chicago is that there’s always something going on. But as distasteful as the subject matter of certain local events can be, some proceedings can inspire perspectives on a number of topics. One that occurs to me is how the retail industry can apply the new generation of mobile and location-based technologies not only to shape the customer experience but even rescue it from challenging situations. On Nov. 30, 2015, the Chicago Tribune reported that the Black...
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Topics:
Social Media,
Mobile Technology,
Wearable Computing,
Customer Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Operational Intelligence,
Uncategorized,
Mobile, Marketing Location Communication
Qlik helped pioneer the visual discovery market with its QlikView product. In some respects, Qlik and its competitors also spawned the self-service trend rippling through the analytics market today. Their aim was to enable business users to perform analytics for themselves rather than building a product with the perfect set of features for IT. After establishing success with end users the company began to address more of the concerns of IT, eventually creating a robust enterprise-grade...
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Topics:
Big Data,
Mobile Technology,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Information Management,
Uncategorized,
Qlik, Analytics, Qlik Sense, Qlik, Business intell
Workiva offers Wdesk, a cloud-based productivity application for handling composite documents. I use the term “composite document” to refer to those in which text is created and edited collaboratively by multiple contributors and which incorporates tabular and numerical data from multiple sources in a controlled process. Composite documents often have formats defined by law, regulation or contract and must be created at periodic intervals. To comply with the requirement by the United States...
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Topics:
Mobile Technology,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
Uncategorized,
Composite Software
If you’re a sales or marketing executive or manager, your window of business opportunity is closing rapidly. In fact it started closing the day you began your job. Time is not on your side – and your career may well hang in the balance. I want to help you shift that balance to your advantage.
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Social Media,
Mobile Technology,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Uncategorized,
Sales, Marketing, Sales Performance Management, Ma
I have been meaning to write about Salesforce since its Dreamforce 2015 conference. Salesforce provides a platform, tools and applications for business and IT who claims to be the ‘no software’ company which as you will read is exactly what happened on May 10th. Heck, Salesforce is making a lot of advances on its platform, its applications and even with Analytics and the Internet of Things. These changes are at the center of what at our analyst firm calls digital business innovation. Much of...
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Topics:
Big Data,
Sales Performance,
NA14,
Customer Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Uncategorized
Organizations are facing a digital transformation, as I have written, that is rapidly changing the applications and services that businesses use to operate and deliver information. This new digital generation addresses the expectations of consumers and business partners for information and service in real time. One example of it is enterprise messaging. Recently I wrote about the shift to this technology and the challenges it poses for organizations that lack sufficient skills. However, new...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Enterprise messaging, Internet of Things, IoT, mid,
Customer Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Uncategorized
The learning management system (LMS) offers opportunity for organizations to progressively enhance the effectiveness of their workforce. An advanced LMS can be more than a digital version of an organization’s training programs for specific jobs or to achieve compliance with policies and regulations. It can provide dynamic yet informal learning that business units can create, deploy and sustain through their own efforts. Last year I outlined the benefits of this new generation of learning...
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Topics:
Sales Performance,
Supply Chain Performance,
Human Capital,
LMS,
Customer Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Uncategorized
I hope this title captures your attention; I’m trying to make a point about the chaos going on in managing and operating marketing. What marketing needs in 2016 is to manage and optimize its efforts in a more unified manner. This perspective kicks off a new series on the challenges for marketing to automate or execute tasks and manage toward maximum performance. We all know that the craft of marketing is in need of significant transformation, from the CMO throughout the entire marketing...
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Topics:
Big Data,
Predictive Analytics,
Social Media,
Customer Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Information Applications,
Operational Intelligence,
Uncategorized,
CMO,
Information Optimization,
Sales Performance Management (SPM)
For several years I have been advocating that sales organizations adapt their processes and applications to optimize both sales performance and the customer experience. For details see my research agenda for last year. However, it appears that not many sales organizations have responded to this challenge; many can barely maintain their quarterly sales forecasts and monthly pipeline, track progress toward quotas and ensure that sales commissions are processed promptly and paid accurately. A...
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Topics:
Predictive Analytics,
Sales Performance,
Mobile Technology,
Customer Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Uncategorized,
Financial Performance Management (FPM),
Sales, SFA, SPM, Sales Performance Management, Sal
Verint is an established vendor of workforce optimization, advanced analytics and self-service products for customer experience management. Recently it announced its acquisition of Contact Solutions, whose products complement Verint’s. The acquisition adds analytics capabilities and fraud detection software, both of Verint will incorporate into its existing products. Contact Solutions also brings to the merger IVR and My:Time, two innovative products that add to Verint’s portfolio for customer...
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Topics:
Mobile Technology,
Customer Performance,
Business Analytics,
Business Collaboration,
Cloud Computing,
Uncategorized,
Call Center
The evolutionary pace of technologies that shape the design of ERP systems has been accelerating over the last couple of years. In addition to cloud computing there is the increasing availability of analytics and reporting integrated into transaction processing systems, which I have noted; support for mobile users; in-context collaboration; and more intuitive user interface (UI) design. Each of these features enhances productivity and the usefulness of ERP software in managing a business. The...
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Topics:
Human Capital Management,
Mobile Technology,
Customer Performance,
Business Collaboration,
Business Performance,
Financial Performance,
Uncategorized
Businesses and their human resource organizations feel pressure to maximize the value of their human capital in today’s intensely competitive world. Many have made or considered investments in new applications that better exploit information to efficiently recruit, engage and retain the best talent. Advanced applications not only advance these processes but also help management assess the performance of the workforce and compensate individuals fairly so that they advance their careers and find...
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Topics:
Big Data,
Predictive Analytics,
Governance,
HCM, HR, HRMS, Workforce Management, Learning Mana,
Human Capital,
Mobile Technology,
Wearable Computing,
Customer Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Uncategorized,
Financial Performance Management (FPM)
I recently attended the SAS Analyst Summit in Steamboat Springs, Colo. (Twitter Hashtag #SASSB) The event offers an occasion for the company to discuss its direction and to assess its strengths and potential weaknesses. SAS is privately held, so customers and prospects cannot subject its performance to the same level of scrutiny as public companies, and thus events like this one provide a valuable source of additional information.
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Topics:
Big Data,
Predictive Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Information Applications,
Information Management,
Uncategorized
Technology innovation is accelerating faster than companies can keep up with. Many feel pressure to adopt new strategies that technology makes possible and find the resources required for necessary investments. In 2015 our research and analysis revealed many organizations upgrading key business applications to operate in the cloud and some enabling access to information for employees through mobile devices. Despite these steps, we find significant levels of digital disruption impacting every...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Governance,
Mobile Technology,
Operational Performance Management (OPM),
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Uncategorized,
Workforce Performance,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Optimization,
Sales Performance Management (SPM)
The imperative to transform the finance department to function in a more strategic, forward-looking and action-oriented fashion has been a consistent theme of practitioners, consultants and business journalists for two decades. In all that time, however, most finance and accounting departments have not changed much. In our benchmark research on the Office of Finance, nine out of 10 participants said that it’s important or very important for finance departments to take a strategic role in...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Social Media,
Governance,
GRC,
Human Capital,
Mobile Technology,
Office of Finance,
Budgeting,
close,
Continuous Accounting,
Continuous Planning,
end-to-end,
Tax,
Tax-Datawarehouse,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
CIO,
Cloud Computing,
Financial Performance,
In-memory,
Uncategorized,
CFO,
CPQ,
Risk,
CEO,
Financial Performance Management,
FPM
Throughout the course of our research in 2016, we’ll be exploring ways in which organizations can maximize the value of their data. Ventana Research believes that analytics is the engine and data is the fuel to power better business decisions. Several themes emerged from our benchmark research on incorporating data and analytics into organizational processes, and we will follow them in our 2016 Business Analytics Research Agenda:
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Topics:
Big Data,
Predictive Analytics,
Mobile Technology,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Information Management,
Operational Intelligence,
Information Optimization
Over the last four years Domo, a new brand in cloud-based data and analytics software, has worked to enable its customers to understand, collaborate and act on data to achieve business results. Led by its founder and CEO, Josh James, the company has worked to deliver software that provides both a good user experience and business value. Recently, at its 2015 customer conference Domopalooza, the company presented itself and its products to the general public. I had a chance to meet with company...
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Topics:
Sales Performance,
Supply Chain Performance,
Human Capital,
Mobile Technology,
Operational Performance Management (OPM),
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
Governance, Risk & Compliance (GRC),
Domo,
Risk & Compliance (GRC),
SAB Miller
Supply and demand chain planning and execution have grown in importance over the past decade as companies have recognized that software can meaningfully enhance their competitiveness and improve their financial performance. Sales and operations planning (S&OP) is an integrated business management process first developed in the 1980s aimed at achieving better alignment and synchronization between the supply chain, production and sales functions. A properly implemented S&OP process routinely...
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Topics:
Planning,
SaaS,
Sales,
Sales Performance,
Supply Chain Performance,
Forecast,
Human Capital,
Mobile Technology,
Supply Chain Planning,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Sales Performance Management (SPM),
Sales Planning,
Supply Chain,
Demand Chain,
Integrated Business Planning,
SCM Demand Planning,
S&OP
Historically workforce management has been centered on tracking time and attendance, absences and leaves. Organizations view the time and attendance system as the top priority to integrate with the payroll system; in our payroll management benchmark research half (51%) of organizations called it very important. However, only one in five have integrated the two to streamline processes. So limited an administrative and operational focus does not contribute to improving worker productivity or...
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Topics:
Human Capital,
Human Capital Management,
Mobile Technology,
Wearable Computing,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
HR,
Risk & Compliance (GRC),
Workforce Management
The enterprise resource planning (ERP) system is a pillar of nearly every company’s record-keeping and management of business processes. It is essential to the smooth functioning of the accounting and finance functions. In manufacturing and distribution, ERP also can help plan and manage inventory and logistics. Some companies use it to handle human resources functions such as tracking employees, payroll and related costs. Yet despite their ubiquity, ERP systems have evolved little since their...
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Topics:
Big Data,
Microsoft,
SAP,
Social Media,
Supply Chain Performance,
ERP,
FP&A,
Human Capital,
Mobile Technology,
NetSuite,
Office of Finance,
Reporting,
close,
closing,
Controller,
dashboard,
Reconciliation,
Operational Performance,
Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
IBM,
Oracle,
Uncategorized,
CFO,
Data,
finance,
Financial Performance Management,
FPM,
Intacct
Much is written about omnichannel customer experience, and various software vendors now claim to focus on the customer experience. With various degrees of credibility they range from providers of communication channel management to workforce optimization, voice of the customer, self-service, analytics and even CRM. This bandwagon raisesthe question of what omnichannel customer experience really is and how companies can achieve it. Our benchmark research into next-generation customer engagement...
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Topics:
Big Data,
Sales Performance,
Customer Analytics,
Customer Experience,
Speech Analytics,
Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Operational Intelligence,
Uncategorized,
Call Center,
Contact Center,
Contact Center Analytics,
Text Analytics
Ventana Research defines a human resources management system (HRMS) as the set of applications and associated processes that store and manage the employee information used by an organization’s human resources department. New technologies make it possible for the HRMS to perform better and be easier to use by HR professionals and members of the workforce. The range of evolving technologies impacting the development of the HRMS include business analytics, big data, cloud computing, mobile...
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Topics:
Social Media,
Human Capital,
Human Capital Management,
Mobile Technology,
Operational Performance Management (OPM),
Business Collaboration,
Cloud Computing,
Business Performance Management (BPM),
HR,
HRMS
Whatever Oracle’s cloud strategy had been the past, this year’s OpenWorld conference and trade show made it clear that the company is now all in. In his keynote address, co-CEO Mark Hurd presented predictions for the world of information technology in 2025, when the cloud will be central to companies’ IT environments. While his forecast that two (unnamed) companies will account for 80 percent of the cloud software market 10 years from now is highly improbable, it’s likely that there will be...
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Topics:
Microsoft,
Predictive Analytics,
Sales Performance,
SAP,
Supply Chain Performance,
ERP,
Human Capital,
Mobile Technology,
NetSuite,
Office of Finance,
Reporting,
close,
closing,
Controller,
dashboard,
Tax,
Customer Performance,
Operational Performance,
Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
IBM,
Oracle,
Business Performance Management (BPM),
CFO,
Data,
finance,
Financial Performance Management (FPM),
Financial Performance Management,
FPM,
Intacct
As I discussed in the state of data and analytics in the cloud recently, usability is a top evaluation criterion for organizations in selecting cloud-based analytics software. Data access of cloud and on-premises systems are essential antecedents of usability. They can help business people perform analytic tasks themselves without having to rely on IT. Some tools allow data integration by business users on an ad hoc basis, but to provide an enterprise integration process and a governed...
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Topics:
Big Data,
Sales Performance,
Software as a Service,
Mobile Technology,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Cloud Computing,
Information Management,
Operational Intelligence,
Data
Through a continuing program of acquisitions and internal development, NICE Systems has transitioned from being a vendor of workforce optimization systems to one focused on aspects of the customer experience, notably voice of the customer (VOC), customer engagement analytics and customer journey mapping. It is also moving to cloud-based services from products installed on customers’ premises and is taking a business-solution approach (providing previously integrated and configured products that...
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Topics:
Big Data,
Customer Feedback Management,
Customer Performance,
Business Analytics,
Business Collaboration,
Cloud Computing,
Call Center
From its history of managing postal mail, Pitney Bowes has expanded into products for data management, analytics and location intelligence, as my colleague Mark Smith noted. Continuing this expansion through internal development and acquisitions of vendors such as Portrait Software and RTC, it has added to its portfolio products that include customer information management and customer engagement.
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Topics:
Big Data,
Customer Performance,
Business Analytics,
Business Collaboration,
Cloud Computing,
Call Center
Our recently completed benchmark research on data and analytics in the cloud shows that analytics deployed in cloud-based systems is gaining widespread adoption. Almost half (48%) of participating organizations are using cloud-based analytics, another 19 percent said they plan to begin using it within 12 months, and 31 percent said they will begin to use cloud-based analytics but do not know when. Participants in various areas of the organization said they use cloud-based analytics, but...
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Topics:
Big Data,
Software as a Service,
Operational Performance Management (OPM),
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Customer & Contact Center,
Operational Intelligence,
Business Performance Management (BPM),
Data,
Information Optimization
Tagetik is a long-established vendor of financial performance management (FPM) software. Its full-featured suite includes planning, budgeting, consolidation, close management, disclosure management, analysis, dashboards and reporting. The software can be deployed on premises or in the cloud as multitenant software as a service or in a private cloud. Tagetik also offers pre-built integration with SAP and SAP HANA, Microsoft SharePoint and Qlik to best support a range of financial management...
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Topics:
Big Data,
Governance,
Human Capital,
Office of Finance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Dashboards,
Financial Performance
Recently my colleague Tony Cosentino wrote an analyst perspective asserting that big data analytics will displace net promoter score (NPS) for more effectively measuring the entire customer experience. This prompted a response from Maxie Schmidt-Subramanian, asserting that big data and NPS aren’t the only ways to measure customer experience success. The main point of Tony’s piece, as I interpret it, is that NPS is just a number, but big data analytics can reveal much more about customer...
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Topics:
Big Data,
Customer Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Call Center
Our benchmark research on next-generation business planning finds that a large majority of companies rely on spreadsheets to manage planning processes. For example, four out of five use them for supply chain planning, and about two-thirds for budgeting and sales forecasting. Spreadsheets are the default choice for modeling and planning because they are flexible. They adapt to the needs of different parts of any type of business. Unfortunately, they have inherent defects that make them...
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Topics:
Planning,
Predictive Analytics,
Marketing Planning,
Reporting,
Sales Forecasting,
Budgeting,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
Business Planning,
Demand Planning,
Integrated Business Planning
Our benchmark research into next-generation customer engagement finds that the top priorities in customer service for companies are to improve the customer experience (said 74%) and their customer service performance (70%). To do this, the technological steps most companies expect to improve customer engagement are to deploy collaboration systems, redesign the customer portal, deploy internal mobile applications, deploy mobile customer service apps and use social media for customer service. All...
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Topics:
Big Data,
Customer Performance,
Business Analytics,
Business Collaboration,
Cloud Computing,
Call Center
Unit4 is a global business software vendor focused on business and professional services, the public sector and higher education. Recently company executives met with industry analysts to provide an update of its strategic roadmap and to recap its accomplishments since being acquired by a private equity firm in 2014. Unit4 is the result of successive mergers of ERP and business software companies, notably CODA and Agresso. The company is also a part-owner (with salesforce.com and others) of...
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Topics:
Predictive Analytics,
Human Capital,
Office of Finance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance
Contact centers in the cloud are increasingly popular alternatives to managing them on a company’s own premises. Running many business applications on hardware owned and managed by a third party is relatively straightforward and requires less support internally. Also the payment model changes from a license to a recurring fee, and typically the vendor provides updates as part of the fee. The challenge with placing a contact center in the cloud is that it is not a single system or even a...
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Topics:
Big Data,
Customer Feedback Management,
Customer Performance,
Business Collaboration,
Cloud Computing,
Call Center
In recent years I have tracked Salesforce, its product development and its announcements. Despite having grown into a giant corporation, it continues to introduce innovations. At a recent analyst day in the U.K., I followed up on the company’s overall direction, some key product developments and a new service to help drive adoption of innovative customer-related processes. Salesforce’s primary aim is to help organizations market and sell to, service, engage with and know their customers through...
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Topics:
Big Data,
Customer Feedback Management,
Customer Performance,
Business Analytics,
Business Collaboration,
Cloud Computing,
Call Center
Recently, Infor held its second innovation conference with industry analysts at its New York City headquarters. Infor’s products include the major categories of ERP, human capital management and financial performance management applications. Behind the marketing aspects of its use of “innovation” is a business strategy for retaining existing customers, migrating a sizable percentage of those customers to the cloud and gaining new customers. (Because of the relative size of the installed base,...
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Topics:
Human Capital,
Office of Finance,
UX,
Customer Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance
Adaptive Insights held its annual user group meeting recently. A theme sounded in several keynote sessions was the importance of finance departments playing a more strategic role in their companies. Some participating customers described how they have evolved their planning process from being designed mainly to meet the needs of the finance department into a useful tool for managing the entire business. Their path took them from doing basic financial budgeting to planning focused on improving...
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Topics:
Planning,
Predictive Analytics,
Human Capital,
Marketing,
Reporting,
Sales Forecasting,
Budgeting,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
Business Planning,
Supply Chain,
Demand Planning,
Integrated Business Planning,
Project Planning
In our benchmark research at least half of participants that use spreadsheets to support a business process routinely say that these tools make it difficult for them to do their job. Yet spreadsheets continue to dominate in a range of business functions and processes. For example, our recent next-generation business planning research finds that this is the most common software used for performing 11 of the most common types of planning. At the heart of the problem is a disconnect between what...
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Topics:
Planning,
Sales Performance,
ERP,
Forecast,
GRC,
Office of Finance,
Reporting,
closing,
dashboard,
enterprise spreadsheet,
Excel,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Data,
Risk,
application,
benchmark,
Financial Performance Management
All lines of business are under pressure to meet targets and deliver expected results, but none is under more pressure than Sales. Like other organizations it must use information to derive insights about progress and problems and to decide what changes to make. Today businesses collect and analyze data from more data sources in more forms than ever before. To understand it they need effective analytics, and again none need it more than Sales.
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Topics:
Big Data,
Sales,
Sales Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Financial Performance,
Information Applications,
Sales Performance Management,
SFA
Data is an essential ingredient for every aspect of business, and those that use it well are likely to gain advantages over competitors that do not. Our benchmark research on information optimization reveals a variety of drivers for deploying information, most commonly analytics, information access, decision-making, process improvements and customer experience and satisfaction. To accomplish any of these purposes requires that data be prepared through a sequence of steps: accessing, searching,...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
Customer Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Data Preparation,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Information Optimization
At its annual MicroStrategy World conference, this provider of analytics and business intelligence systems for business and IT introduced a new version of its flagship product, MicroStrategy 9s. Among many advances it adds enterprise grade security with MicroStrategy Usher as part of the maintenance update to its 9.4.1 release. Security is increasingly critical for analytics and BI. Technologies that work intensively with data, including reporting, business intelligence, analytics and data...
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Topics:
Big Data,
Mobile,
Sales Performance,
Governance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Risk & Compliance (GRC),
Security
Most people in business management admit that sales is more an art than a science. Organizations have long struggled to find the right mix to improve its effectiveness, and few get the most out of available technology. For many the default is still to use sales force automation (SFA) and spreadsheets to manage processes and try to increase the productivity of sales staff. In our view they should take a holistic approach to sales processes from contact to close and support everything from sales...
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Topics:
Sales,
Recurring Revenue,
Sales Compensation,
Sales Forecasting,
Customer Performance,
Business Collaboration,
Business Mobility,
Cloud Computing,
CRM,
SFA
Oracle is one of the world's largest business intelligence and analytics software companies. Its products range from middleware, back-end databases and ETL tools to business intelligence applications and cloud platforms, and it is well established in many corporate and government accounts. A key to Oracle's ongoing success is in transitioning its business intelligence and analytics portfolio to self-service, big data and cloud deployments. To that end, three areas in which the company has...
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Topics:
Big Data,
Customer Performance,
endeca,
OBIEE,
OBIFS,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Oracle
I recently attended a Cisco Collaboration analyst day in the U.K. and was impressed by what I heard and saw.Cisco of course is known as a supplier of network equipment and software, and it has long provided these through a global network of partners. But Cisco also has been in the contact center market for several years and has had success with its small and enterprise contact center systems, having more than 20,000 on-premises customers and revenue in excess of US $1.5 billion. Cisco markets...
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Topics:
Big Data,
Customer Analytics,
Customer Experience,
Speech Analytics,
Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
Text Analytics
Business planning includes all of the forward-looking activities in which companies routinely engage. Companies do a great deal of planning. They plan sales and determine what and how they will produce products or deliver services. They plan the head count they’ll need and how to organize distribution and their supply chain. They also produce a budget, which is a financial plan. The purpose of planning is to be successful. Planning is defined as the process of creating a detailed formulation of...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Human Capital,
Marketing,
Office of Finance,
Reporting,
Sales Forecasting,
Budgeting,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Customer & Contact Center,
Financial Performance,
Business Planning,
Supply Chain,
Demand Planning,
Integrated Business Planning,
Project Planning,
S&OP
This year presents much opportunity for organizations to use a new generation of technology to compete better, be more efficient in their business operations and engage their workforces to their full potential. We have identified and begun to track the following next-generation technologies: analytics, big data, collaboration, cloud computing, mobile technology and social media, and in 2014 we added wearable computing to the list. In 2015 we will intensify our focus on all of them specifically ...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
Governance,
Mobile Technology,
Wearable Computing,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance,
Risk & Compliance (GRC),
Technology Innovation
Our benchmark research into business technology innovation shows that analytics ranks first or second as a business technology innovation priority in 59 percent of organizations. Businesses are moving budgets and responsibilities for analytics closer to the sales operations, often in the form of so-called shadow IT organizations that report into decentralized and autonomous business units rather than a central IT organization. New technologies such as in-memory systems (50%), Hadoop (42%) and...
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Topics:
Big Data,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Preparation,
Information Applications,
Information Management,
Operational Intelligence,
analytical application,
analytics in the cloud
Our recent Office of Finance benchmark research demonstrates the importance of using automation to execute finance department functions. Information technology systems do at least two things very well that make better use of people’s time, and both of them can substantially improve organizational performance. First, they eliminate the need for people to do repetitive tasks, which frees them to spend time on more valuable work that requires judgment and skill. IT systems also can be programmed...
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Topics:
Big Data,
Mobile,
Planning,
ERP,
FP&A,
Office of Finance,
Reporting,
Self-service,
Budgeting,
close,
closing,
computing,
Controller,
dashboard,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
CFO,
Data,
finance,
Financial Performance Management,
FPM,
Microsoft Excel,
Spreadsheets
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Topics:
Big Data,
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics
As with many other research topics, Ventana Research investigates workforce optimization in two ways. Our benchmark research into next-generation workforce optimization assesses how companies use workforce optimization systems now and intend to in the future, while our Workforce Optimization Value Index evaluates how well workforce optimization products and vendors match buyers’ needs. In our newly released 2015 Workforce Optimization Value Index the top vendors are Verint and VPI, both rated...
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Topics:
Big Data,
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics
ManyWho was launched in May 2013 by two former Salesforce.com executives, Dave Norris and Steve Wood. They branded it the Cloud Workflow Company, It offers an innovative approach that allows organizations to create workflows, automatically convert them into business applications and run the apps on multiple types of devices. The key to its success lies in the second and third steps, which differentiate ManyWho from most other business process optimization vendors; the process maps that users...
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Topics:
Customer Experience,
Self-service,
Operational Performance,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
CRM
When Salesforce.com began in 1999 its stated intent was “to reinvent CRM in the cloud.” In 15 years, the company has achieved much more than that, having a major impact on the way IT systems are delivered: Large numbers of vendors have followed its example to provide cloud-based systems. It added a platform as a cloud – a software development environment in the cloud – to its portfolio, introduced an apps store where many vendors sell their products and services, moved into social and mobile...
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Topics:
Big Data,
Social Media,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Self-service,
Operational Performance,
Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics
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Topics:
Big Data,
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Self-service,
Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM,
Text Analytics
Financial management software provider Intacct recently held its seventh annual user conference. In addition to a long list of enhancements in current and upcoming product releases, the company used the occasion to announce Intacct Collaborate, a capability built into its software that enables finance and accounting organizations to work together to answer questions or resolve issues while performing a process. Our benchmark research shows that collaboration ranks second in importance behind...
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Topics:
Performance Management,
Sales Performance,
Salesforce.com,
ERP,
Human Capital Management,
NetSuite,
Office of Finance,
Reporting,
cloud ERP,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Chatter,
Cloud Computing,
Collaboration,
Dashboards,
Financial Performance,
FinancialForce,
Intacct
Most HR technology practitioners and vendors attend the annual HR Technology Conference and Exposition. One of the largest industry gatherings, it provides an indicator of their levels of investment and the hottest trends. This year’s event revealed new technologies and approaches to two key human resources processes – recruitment and retention. They included predictive analytics and big data as well mobile delivery to allow employees easier access to applications. Regarding the first two,...
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Topics:
Social Media,
Kronos,
Peoplefluent,
Recruiting,
Wearable Computing,
Fuel50,
Operational Performance,
Smart Watches,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Financial Performance,
IBM,
Oracle,
Workforce Performance,
Ceridian,
HireVue,
Saba,
HR Tech,
HR Technology Conference,
Qualtrics,
Tanner Labs
Finance transformation” refers to a longstanding objective: shifting the focus of CFOs and finance departments from transaction processing to more strategic, higher-value functions. Our upcoming Office of Finance benchmark research confirms that most of organizations want their finance department to take a more strategic role in management of the company: nine in 10 participants said that it’s important or very important. (We are using “finance” in its broadest sense, including, for example,...
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Topics:
Big Data,
Mobile,
Performance Management,
Predictive Analytics,
Social Media,
ERP,
FP&A,
Office of Finance,
Reporting,
Management,
close,
closing,
computing,
Controller,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
CFO,
finance,
Tagetik,
FPM
This year Oracle OpenWorld conference opened with a fiery speech by Larry Ellison, who has stepped down from his role as CEO to become Executive Chairman and CTO. Filling his rhetoric with claims of market leadership and attacks on competitors SAP and Workday, Ellison set an aggressive tone for those who followed him. In a talk relevant to my research practice, Chris Leone, senior vice president of applications development, asserted that Oracle is making progress in human capital management...
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Topics:
Mobile,
Social Media,
HCM,
Human Capital Analytics,
Human Capital Management,
Core HR,
Employee Engagement,
Platform as a service,
TM,
Wellness,
Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Mobility,
Oracle,
HRMS,
Talent Management,
Social,
PaaS
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Sales Performance,
Salesforce.com,
Supply Chain Performance,
ERP,
HCM,
Human Capital,
Office of Finance,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Kenandy,
PSA,
Sage Software,
Unit4,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
FinancialForce,
HR,
Infor,
Workday,
HANA,
Plex,
Professional Services Automation
ADP recently held its annual analyst day in the company’s new innovation center in the Chelsea district of Manhattan. The location emphasized what ADP wanted to get across to the analyst community at the event: that it intends to become a significant vendor of human capital management (HCM) software based in the cloud. ADP hopes to broaden its business from being largely an outsourcing vendor of payroll and related services (such as for auto dealers) to one that provides software for a range of...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
Human Capital Management,
Office of Finance,
Predictive,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Mobility,
Workforce Performance,
compliance,
HR,
HRMS,
Healthcare Compliance
“What’s next?” is the perennially insistent question in information technology. One common observation about the industry holds that cycles of innovation alternate between hardware and software. New types and forms of hardware enable innovations in software that utilize the power of that hardware. These innovations create new markets, alter consumer behavior and change how work is performed. This, in turn, sets the stage for new types and forms of hardware that complement these emerging product...
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Topics:
Mobile,
Performance Management,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
ERP,
Office of Finance,
Reporting,
Wearable Computing,
Management,
close,
closing,
computing,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Workforce Performance,
finance,
FPM
The human resources management system (HRMS) have been a central part of human resources departments for decades. Though useful to HR, these systems have also been static. Speaking generally, their functionality has not advanced greatly while other technologies have made great strides, and the information in them has been restricted to mostly use by HR professionals. However, along with growth in distinct and integrated talent management systems and in workforce management systems, this has...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
TM,
WFM,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Information Applications,
Workforce Performance,
HRMS,
Talent Management,
Workforce Management,
HR Management,
HRIS
Now available from Ventana Research is our Value Index on Total Compensation Management for 2014. Total compensation management directly addresses one of an organization’s largest investments – employee pay. As such it is a critical activity for supporting other human capital management and talent management processes.
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Topics:
SAP,
Human Capital Management,
Kenexa,
Peoplefluent,
SuccessFactors,
Decusoft,
Towers Watson,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Financial Performance,
IBM,
Mobility,
Oracle,
Workforce Performance,
Compensation,
SumTotal Systems,
TCM,
Value Index,
beqom,
Pay for Performance
In the past year Workday has been making efforts to improve its human capital management (HCM) suite focused directly on the core human resources management systems and talent management software. In my previous analyst perspective about Workday I looked at its mobile capabilities for HCM. These additions, in concert with the enhancements discussed here, offer useful improvements. I have also noticed changes in the HCM market that impact all large competitors in it, including Workday. Before...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
Recruiting,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Customer & Contact Center,
Workforce Performance,
Workday,
HR/Payroll
Our benchmark research consistently shows that business analytics is the most significant technology trend in business today and acquiring effective predictive analytics is organizations’ top priority for analytics. It enables them to look forward rather than backward and, participate organizations reported, leads to competitive advantage and operational efficiencies.
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Statistics,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Workforce Performance
Like other vendors of cloud-based ERP software, NetSuite offers the key benefits of software as a service (SaaS): a smaller upfront investment, faster time to value and potentially lower operating costs. Beyond that NetSuite’s essential point of competitive differentiation from is broad functionality beyond financial management, including capabilities for customer relationship management (CRM), professional services automation (PSA) and human capital management (HCM). These components make it...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Social Media,
Customer Experience,
ERP,
HCM,
Human Capital,
Office of Finance,
communications,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
PSA,
Sage Software,
UI,
Unit4,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Workforce Performance,
CFO,
CRM,
FinancialForce,
HR,
Infor,
Social,
Financial Performance Management,
FPM,
Plex,
Professional Services Automation,
Workday Collaboration
The developed world has an embarrassment of riches when it comes to information technology. Individuals walk around with far more computing power and data storage in their pockets than was required to send men to the moon. People routinely hold on their laps what would have been considered a supercomputer a generation ago. There is a wealth of information available on the Web. And the costs of these information assets are a tiny fraction of what they were decades ago. Consumer products have...
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Topics:
Big Data,
Mobile,
Predictive Analytics,
Sales Performance,
Social Media,
Customer Experience,
Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
Financial Performance,
IBM,
finance,
Sales Performance Management,
Social,
Financial Performance Management,
SPSS
Cornerstone OnDemand is a large pure-play vendor of talent management software, with more than 1,700 clients, more than 14.5 million users and more than 60 percent growth in revenue over the past 12 months. At the company’s annual customer conference this year, CEO Adam Miller talked about a trend in the market of talent management applications going beyond automating a series of processes to help engage employees within organizations. I agree with this analysis and would extend the trend to...
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Topics:
Social Media,
Human Capital Analytics,
Human Capital Management,
LMS,
Employee Engagement,
Employee Onboarding,
Usability,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Workforce Performance,
Cornerstone OnDemand
The keynote theme at this year’s Sapphire conference in Orlando was Simple. Top executives from SAP, a software company associated with complexity, stated and restated that its future direction is to simplify all aspects of its products and the ways customers interact with them and the company itself. SAP’s longstanding and commendable aspiration to thoroughness in its software will be giving way to an emphasis on elegance in its engineering. This objective is more than admirable – SAP’s future...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Salesforce.com,
Supply Chain Performance,
ERP,
HCM,
Human Capital,
Office of Finance,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Kenandy,
PSA,
Sage Software,
Unit4,
Operational Performance,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
CFO,
FinancialForce,
HR,
Infor,
Workday,
HANA,
Plex,
Professional Services Automation
InContact has cloud-based products that cover multichannel communications infrastructure (sometimes referred to as a “contact center in the cloud”) and workforce optimization. The channel management products were developed by inContact and through a partnership with Verint. InContact has been working to make Verint’s workforce optimization products available in the cloud while integrating the two sets of products. I met Kristyn Emenecker, inContact’s VP of workforce optimization, at the recent...
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Topics:
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Voice of the Customer,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics,
Workforce Force Optimization
Ultimate Software is one of the larger players in the market for human capital management (HCM) software, with roots in providing human resources and payroll management products. Recently I attended its annual Connections conference. Last year the company focused attention on expansion of its global capabilities, which I analyzed, while this year it highlighted broadening and modernizing of the product suite.
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Topics:
Mobile,
HCM,
Office of Finance,
Recruiting,
Ultimate Software,
Business Collaboration,
Workforce Performance,
Compensation,
HRMS,
Talent Management,
HR Management
At Saba’s recent global customer conference executives discussed the company’s latest product enhancements, progress made during the past year and plans for the future. Saba provides a talent management suite that includes all capabilities except compensation management and is a leading vendor of corporate learning management systems. The majority of its 2,200 customers and 31 million users in 195 countries use the learning system, Learning@Work.
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
Human Capital Management,
Predictive,
Recruiting,
Learning Management,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Saba,
Talent Management
From my perspective, Infor’s strategy to accelerate revenue growth is to offer companies more innovation and a lower and more predictable cost of ownership than its rivals in the business software market; its products include the major categories of ERP, human resources and financial performance management. It aims to innovate by focusing on improving the user experience and to lower costs by redesigning its software architecture. The innovation stems from a fresh approach to designing...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Sales Performance,
Supply Chain Performance,
Customer Experience,
ERP,
HCM,
Human Capital,
Office of Finance,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Sage Software,
UI,
Unit4,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Management,
Workforce Performance,
CFO,
FinancialForce,
HR,
Infor,
Workday,
Financial Performance Management,
FPM,
Plex
Learning is an integral component of human capital management, and a new generation of learning management systems advances learning in organizations around the world. These systems have evolved over the years from a classroom scheduling tool that facilitated instructor-led and classroom training into an array of enterprise applications that deliver and track various types of training. Recently new technologies, such as business analytics, cloud computing, social collaboration, and mobile...
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Topics:
Big Data,
Mobile,
Social Media,
HCM,
LMS,
Learning Management,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Workforce Performance,
HR,
Training,
benchmark,
HR research
Organizations should consider multiple aspects of deploying big data analytics. These include the type of analytics to be deployed, how the analytics will be deployed technologically and who must be involved both internally and externally to enable success. Our recent big data analytics benchmark research assesses each of these areas. How an organization views these deployment considerations may depend on the expected benefits of the big data analytics program and the particular business case...
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Topics:
Big Data,
Predictive Analytics,
Sales Performance,
Social Media,
Supply Chain Performance,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Operational Intelligence,
Workforce Performance,
Strata+Hadoop
The proliferation of chief “something” officer (CxO) titles over the past decades recognizes that there’s value in having a single individual focused on a specific critical problem. A CxO position can be strategic or it can be the ultimate middle management role, with far more responsibilities than authority. Many of those handed such a title find that it’s the latter. This may be because the organization that created the title is unwilling to invest the necessary powers and portfolio of...
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Topics:
GRC,
Office of Finance,
Chief Risk Officer,
CRO,
ERM,
OpenPages,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Data Governance,
Financial Performance,
IBM,
compliance,
Data,
Risk,
Financial Services,
FPM
In the past year Kronos announced a major release of its Workforce Central suite and more recently, made an announcement regarding a major investment that should help keep the company well capitalized. Kronos is one of the largest vendors of workforce management systems, providing time and attendance, labor scheduling, absence management, HR management, payroll and recruiting applications. In 2013 the company grew to almost US$1 billion in revenue, selling to companies around the globe and...
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Topics:
Mobile,
Social Media,
Governance,
HCM,
Kronos,
Office of Finance,
Technology Innovation Award,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Workforce Performance,
compliance,
HR,
HRMS,
Risk & Compliance (GRC),
Value Index,
Workforce Management,
Social
In my research of NICE Systems for several years I have remarked often that its biggest challenge is to integrate all the products that now make up its Customer Interaction Management suite. Through acquisitions, in-house development and partnerships, this suite has grown to include interaction recording, quality management, workforce management, incentive management, interaction analytics, performance management, real-time guidance, customer feedback management, mobile access and Web-based...
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Topics:
Customer Analytics,
Customer Experience,
Customer Feedback Management,
Speech Analytics,
Voice of the Customer,
Mobile Apps,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics,
Workforce Force Optimization
Our latest benchmark research into the market for location analytics software finds significant demand for location-related technology that can improve business outcomes and generate relevant information for various types of users. (Location analytics is an extension of business analytics that can enhance the sophistication of data and processes by adding a geographic context.) My last analyst perspective on this topic discussed the business value of insights based on geography and what...
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Topics:
Big Data,
Sales Performance,
Social Media,
Supply Chain Performance,
GIS,
Location Analytics,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Data
Our recently released research into next-generation customer analytics shows that the most participants (52%) use spreadsheets as a customer analytics tool. I recently wrote that while these popular tools are adequate for some tasks, they are not suitable for analyzing large volumes and many types of customer data. So I think it is appropriate that one in four (26%) participants have adopted a dedicated customer analytics tool and a further 29 percent are planning to invest in such a tool in...
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Topics:
Social Media,
Customer Analytics,
Speech Analytics,
Voice of the Customer,
IT Performance,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Call Center,
Contact Center,
Contact Center Analytics,
Desktop Analytics,
Text Analytics
At its recent 2014 analyst day Ceridian showed the progress it has made on its Ceridian and Dayforce human capital management (HCM) platform since last year’s launch of its broader HCM portfolio. Ceridian’s overall HCM business, which the company says had revenue of $950 million in 2013 and now has more than 100,000 customers, consists largely of payroll-related products and services such as tax filing and payroll cards, but also benefits, human resources and workforce management products.
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Topics:
Mobile,
SaaS,
Social Media,
HCM,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Workforce Performance,
Ceridian,
Document Management,
HR,
Talent Management
At Oracle’s recent cloud computing analyst summit in sunny Palm Springs, the company’s executive team insisted that it sees clear skies for its efforts in cloud computing. The summit was led by senior executive Thomas Kurian, who runs the entire product organization and reports directly to CEO Larry Ellison. He affirmed that Oracle intends to offer the full range of cloud computing – public, private and hybrid models – to its customers and partners. As one of the world’s largest software...
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Topics:
Big Data,
Database,
Microsoft,
SaaS,
Sales Performance,
Social Media,
Software as a Service,
Supply Chain Performance,
Middleware,
Oracle Cloud,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
IBM,
Information Applications,
Information Management,
Oracle,
Workforce Performance,
Database as a Service,
Verizon
At its recent Connect 2014 event IBM announced IBM Kenexa Talent Suite, an integrated talent management suite. The release strengthens its Smarter Workforce initiative by combining IBM and Kenexa products and services in one human capital management (HCM) offering. IBM Kenexa Talent Suite also addresses increasing efforts by human resources organizations to optimize their activities through more effective use of technology, a topic covered in our 2014 HCM research agenda. Specifically, the...
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Topics:
Big Data,
Mobile,
SAP,
Social Media,
HCM,
Kenexa,
Recruiting,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
IBM,
Oracle,
Workforce Performance,
Cognitive Computing,
HR,
IBM Watson,
Social
Salesforce.com began with a simple message: On-premises CRM has come to the end of its useful life, and the way forward is cloud-based CRM. I have written several times that the company has won this argument, and my research into contact center in the cloud confirms this: 63 percent of participating organizations said that adopting systems in the cloud is one of the key ways to improve customer engagement. Furthermore, this vendor’s success pressurized many other companies to move into the...
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Topics:
Social Media,
Customer Analytics,
Customer Experience,
Social CRM,
Mobile Apps,
Self-service,
Business Collaboration,
Cloud Computing,
Collaboration,
Customer & Contact Center,
Customer Service,
Call Center,
Contact Center,
Contact Center Analytics,
CRM
In today’s highly competitive sales environment, where success depends on meeting the specific needs of buyers, an accurate and timely sales forecast is a critical tool for optimizing business outcomes. I discussed this as part of our 2014 research agenda for sales, noting that linking the forecast to commissions, quotas and territories is a requirement for success. We recently completed new benchmark research on sales forecasting to ascertain the state of the processes and technology sales...
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Topics:
Sales,
Sales Performance,
Supply Chain Performance,
Sales Forecasting,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
SFA
The market for human capital analytics is in flux, as companies begin to evaluate and adopt more capable tools and processes for this area of human capital management. A look at the tools organizations are using and plan to use for human capital analytics provides an example of this change. Our recently published benchmark research on human capital analytics shows that nearly nine in 10 (87%) organizations are still using spreadsheets for human capital analytics while fewer than two in five...
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Topics:
Big Data,
Mobile,
Predictive Analytics,
Social Media,
HCM,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
Information Management,
Workforce Performance
In the near future, technology will be something we wear or attach comfortably to our bodies. Wearable computers have been evolving for some time, and while that might seem futuristic to the uninformed, in the technology industry it is rapidly becoming real. This trend is important for businesses to note, as our business technology innovation research shows that it is very important to more than half (56%) of organizations to find methods to use technology innovation to support both business...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
HCM,
Human Capital Management,
Wearable Computing,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Operational Intelligence,
Workforce Performance,
Talent Management
At Oracle’s first-ever HCM World conference, the technology company demonstrated its commitment to human resources customers, explaining its strategy for Modern HR in the Cloud, which is focused on meeting the needs of employees in a large, dispersed workforce. The conference was insightful both intellectually and practically in its discussions of how workforces are changing. Oracle also showed its commitment by having both President Mark Hurd and CEO Larry Ellison present keynotes. This was...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Human Capital Analytics,
Human Capital Management,
Recruiting,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Oracle,
Workforce Performance,
HR,
Talent Management,
Workforce Management
A core objective of my research practice and agenda is to help the Office of Finance improve its performance by better utilizing information technology. As we kick off 2014, I see five initiatives that CFOs and controllers should adopt to improve their execution of core finance functions and free up time to concentrate on increasing their department’s strategic value. Finance organizations – especially those that need to improve performance – usually find it difficult to find the resources to...
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Topics:
Big Data,
Performance Management,
Planning,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Budgeting,
close,
dashboard,
PRO,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
CIO,
Customer & Contact Center,
Financial Performance,
In-memory,
CFO,
Supply Chain,
CEO,
demand management,
Financial Performance Management,
FPM,
S&OP
At its recent MicroStrategy World 2014 conference, the enterprise software company introduced a portfolio of products to make it easier to perform analytics and make them easier to access through the cloud and mobile forms of computing. These announcements accelerate MicroStrategy’s transition to approaching corporate business users of analytics from its past focus on business intelligence, which typically is purchased by IT. This is a subtle but strategic shift that recognizes where growth...
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Topics:
MicroStrategy,
Mobile,
Social Media,
Customer Engagement,
Smart Phones,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Information Applications,
Location Intelligence,
Operational Intelligence,
Tablets
One strong sign of the economic recovery as manifested in the human capital management market is the recent spate of announcements of new recruiting applications from software companies that are not always considered for recruiting. Here are some of them. Ultimate Software announced the launch of UltiPro Recruiting. Saba Recently announced the release of Recruiting@Work. Workday announced the upcoming release of Workday Recruiting. And Ceridian announced release a recruiting application on its...
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Topics:
Mobile,
Social Media,
HCM,
Recruiting,
Operational Performance,
Ultimate,
Business Collaboration,
Collaboration,
Workforce Performance,
Ceridian,
Saba,
Workday
Ventana Research recently completed the most comprehensive evaluation of mobile business intelligence products and vendors available anywhere today. The evaluation includes 16 technology vendors’ offerings on smartphones and tablets and use across Apple, Google Android, Microsoft Surface and RIM BlackBerry that were assessed in seven key categories: usability, manageability, reliability, capability, adaptability, vendor validation and TCO and ROI. The result is our Value Index for Mobile...
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Topics:
Big Data,
MicroStrategy,
Mobile,
Mobile Business Intelligence,
Pentaho,
Sales Performance,
SAP,
SAS,
Tableau,
Jaspersoft,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
IBM,
Information Builders,
Oracle,
Workforce Performance,
Yellowfin,
Roambi,
Value Index,
arcplan,
Logi Analytics,
Qlik
Our recently released benchmark research on information optimization shows that 97 percent of organizations find it important or very important to make information available to the business and customers, yet only 25 percent are satisfied with the technology they use to provide that access. This wide gap between importance and satisfaction reflects the complexity of preparing and presenting information in a world where users need to access many forms of data that exist across distributed...
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Topics:
Big Data,
IT Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Preparation,
Information Applications,
Information Management,
Data Discovery,
Datawatch,
Information Optimization
Human capital will continue to be an organization’s largest investment in 2014 and if productive will be one of its most valuable assets and differentiators. It also continues to rank as top priority by CEOs across the industry. We anticipate that businesses that take advantage of the innovative technology now available for human capital management (HCM) will gain a competitive advantage. Ventana Research will track these technological advances and how they are put to use by organizations that...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Governance,
HCM,
Human Capital Management,
Recruiting,
CHRO,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Compensation,
HR,
Risk & Compliance (GRC),
Talent Management
In the wake of the past year’s usual crop of failed ERP implementations, I’ve read a couple of blogs that bemoan the fact that ERP systems are not nearly as user-friendly or intuitive as the mobile apps that everyone loves. I’ve complained about this aspect of ERP, and our research confirms that ERP systems are viewed as cumbersome: Just one in five companies (21%) said it is easy to make changes to ERP systems while one-third (33%) said making changes is difficult or very difficult. Yet as...
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Topics:
Mobile,
SAP,
ERP,
Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Financial Performance,
Oracle,
CFO,
Infor,
Workday,
Social,
business process,
FPM,
Intacct