This year, I attended Informatica World 2019, Informatica's annual user conference. The main focus this year was on the cloud with a heavy does of AI. Under that focus, Informatica's conference emphasized capabilities across six areas (all strong areas for Informatica): data integration, data management, data quality & governance, Master Data Management (MDM), data cataloging, and data security.
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Data Governance,
Data Management,
Informatica,
data lakes,
Informatica World,
Data Storage
Stibo Systems has been providing product information management (PIM) software for decades. Its work has helped many organizations worldwide take control of their product information by developing a master definition that can be published across many channels from Web to digital to print. We recognized its work with customers Delta Faucet and Masco Corp. in our 2015 Ventana Research Leadership Award in Information Management. In 2014 Stibo Systems customer Brady Corp. won a similar award for...
Read More
Topics:
Master Data Management,
Sales,
Sales Performance,
Supply Chain Performance,
Customer Experience,
MDM,
Mobile Technology,
PIM,
Stibo Systems,
Customer Performance,
Operational Performance,
Business Performance,
Cloud Computing,
Financial Performance,
Information Management,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Optimization,
Product Information Management
This has been a dramatic year for Informatica, a major provider of data integration software. In August it was acquired and taken private by Permira funds and Canada Pension Plan Investment Board for about US$5.3 billion. This change was accompanied by shifts in its management. CEO Sohaib Abbasi became chairman and now has left, and many executives were replaced while Anil Chakravathy became CEO from being the Chief Product Officer. The new owners appear to have shifted the company’s strategic...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
MDM,
Operational Performance Management (OPM),
Cloud Computing,
Data Integration,
Data Management,
Data Preparation,
Governance, Risk & Compliance (GRC),
Informatica,
Information Management,
Business Performance Management (BPM),
Information Optimization,
Risk & Compliance (GRC)
The importance of product information management (PIM) has become clear in recent years and especially as it relates to master data management. As I recently wrote handling this business process effectively and using capable software should be priorities for any organization in marketing and selling its products and services but also interconnecting the distributed supply chain. Our research on product information management can help organizations save time and resources in efforts to ensure...
Read More
Topics:
Big Data,
Master Data Management,
Sales Performance,
Supply Chain Performance,
Enterworks,
Marketing,
Operational Performance Management (OPM),
Stibo Systems,
Webon,
Business Performance,
CIO,
Financial Performance,
IBM,
Informatica,
Information Management,
Oracle,
Information Optimization,
Product Information Management,
Riversand
Ventana Research defines product information management (PIM) as the practice of using information, applications and other technology to effectively support product-related processes across the customer, commerce and supply chain. As organizations increase the number and diversity of products and services they offer to customers and partners, they increasingly need to address limitations in the ways they manage and distribute product information, including related attributes and content that...
Read More
Topics:
Big Data,
Master Data Management,
Supply Chain Performance,
Governance,
Marketing,
Operational Performance Management (OPM),
CIO,
Information Management,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Optimization,
Product Information Management,
Sales Performance Management (SPM)
Organizations today create and collect data at ever faster rates, and this introduces challenges in ensuring that data is not just managed but used in a consistent manner for a range of operational and analytic tasks. This is made more difficult by new data sources whose definitions vary from standard and widely used formats. Making all information available and consistent is essential to support business processes and decision-making. A key technology tool for this effort is master data...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Sales,
Sales Performance,
Social Media,
Supply Chain Performance,
Golden Records.,
MDM,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Management,
Financial Performance,
Information Applications,
Information Management,
Workforce Performance
At the Informatica World 2014 conference, the company known for its data integration software unveiled the Intelligent Data Platform. In the last three years Informatica has expanded beyond data integration and now has a broad software portfolio that facilitates information management within the enterprise and through cloud computing. The Intelligent Data Platform forms a framework for its portfolio. This expression of broad potential is important for Informatica, which has been slow to...
Read More
Topics:
Big Data,
Master Data Management,
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Integration,
Data Management,
Financial Performance,
Informatica,
Information Applications,
Information Management,
Workforce Performance,
Information Optimization,
Product Information Management,
application
This is the beginning of the season when companies that are on a calendar year begin their strategic and long-term planning. Ventana Research performed an extensive investigation in this area with our long-range planning benchmark research. Strategic and long-range planning is a process and discipline that companies use to determine the best strategy for succeeding in the markets they serve and then ensure they have the capabilities and resources needed to support their strategic objectives.
Read More
Topics:
Big Data,
Master Data Management,
Performance Management,
Planning,
Sales Performance,
Supply Chain Performance,
Human Capital Management,
Office of Finance,
Reporting,
Budgeting,
dashboard,
Operational Performance,
Analytics,
Business Performance,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
CFO,
Data,
CEO,
Financial Performance Management,
FPM
Information management is important to every line of business that seeks to improve its business processes and decision-making. In response to pressure from those departments, CIOs and IT organizations must examine whether they have focused enough on the I for information and not just the T for technology, and if they have not, commit to taking this responsibility more seriously than in the past. Informatica is one vendor that realizes the potential of its information beyond just data...
Read More
Topics:
Data Quality,
Master Data Management,
PowerCenter,
Operational Performance,
Analytics,
Business Analytics,
Business Performance,
CIO,
Cloud Computing,
Data Integration,
Information Applications,
Information Management,
Information Optimization,
Vibe
One of the most important ongoing challenges in human capital management is to do master data management (MDM) of core human resources information more effectively. This challenge is often most complex for large organizations that have operations spread around the globe and HR management systems in each country or each operating division. To address this issue, SumTotal Systems recently announced the release of elixHR Platform at its TotalConnection user conference. This is the latest evolution...
Read More
Topics:
Master Data Management,
Social Media,
HCM,
Business Analytics,
Business Intelligence,
Business Performance,
Financial Performance,
Information Management,
Workforce Performance,
Workforce Analytics,
HR Management(HRMS),
SumTotal
I recently attended the annual Informatica analyst summit to get the latest on that company’s strategy and plans. The data integration provider offers a portfolio of information management software that supports today’s big data and information optimization needs. Informatica is busy making changes in its presentation to the market and its marketing and sales efforts. New executives, including new CMO Marge Breya, are working to communicate what is possible with Informatica’s product portfolio,...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Salesforce.com,
MDM,
IT Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data Integration,
Data Management,
Governance, Risk & Compliance (GRC),
Informatica,
Information Applications,
Information Management,
Operational Intelligence,
CEP,
Informatica Cloud,
Strata+Hadoop
Big data involves interplay between different data management approaches and business intelligence and operational systems, which makes it imperative that all sources of business data be integrated efficiently and that organizations be able to easily adapt to new data types and sources. Our recent big data benchmark research confirmed that big data storage technologies continue to follow many approaches, including appliances, Hadoop, and in-memory and specialized DBMSes. With the variety,...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Business Technology Innovation,
IT Performance,
IT Research,
Business Analytics,
Business Intelligence,
Data Integration,
Information Applications,
Information Management,
Operational Intelligence
Managing data efficiently across the enterprise continues to be a large challenge for both business units and IT. Organizations need data supplied in a consistent format and timely manner to help manage their activities and processes, but some do not look beyond conventional approaches to improvement. Today’s large volumes of data make it more difficult to understand the relationships among data and the role of location-related data. Our 2012 benchmark research on information management found...
Read More
Topics:
Master Data Management,
Sales Performance,
Social Media,
MDM,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Information Applications,
Information Management,
Location Intelligence,
DG
Managing the access, storage and use of data effectively can provide businesses a competitive advantage. Last year I outlined what the big deal is in big data, as the initial focus on the volume, velocity and variety of data – what my colleague Tony Cosentino calls the three V’s – is only one small piece of how organizations should evaluate this technology. The more balanced approach is to include what he calls the three W’s – the what, so what and now what, which shifts the focus to an...
Read More
Topics:
Big Data,
Master Data Management,
Predictive Analytics,
Sales Performance,
MDM,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Data Governance,
Data Integration,
Financial Performance,
Information Applications,
Information Management,
Location Intelligence,
Operational Intelligence,
Product Information Management
To maximize the potential of their investments, businesses must manage product information, yet for many businesses product information is scattered and duplicated in many systems, which leads to duplication of effort, incorrect information about product descriptions and prices and improper tracking of products, all of which increase costs and waste time. At the same time, for marketing products and streamlining their distribution through sales channels, making product information accessible to...
Read More
Topics:
Master Data Management,
Sales,
Sales Performance,
Supply Chain Performance,
Operational Performance,
Business Performance,
CIO,
Customer & Contact Center,
Information Management,
Commerce,
Product Information Management
Salesforce is a global software-as-a-service (SaaS) company to be reckoned with. The swarming crowds at its Dreamforce event last week were estimated to exceed 90,000. The company is rapidly growing an ecosystem that includes Sales, Service and Marketing Clouds; Force.com for building applications; and Data.com for storing data in the cloud centrally for use across Salesforce products. It is also focusing on social computing, as I outlined at the beginning of the event. Hundreds of Salesforce...
Read More
Topics:
Master Data Management,
Sales Performance,
Salesforce.com,
Social Media,
SnapLogic,
Zyme Solutions,
IT Performance,
Operational Performance,
Business Analytics,
Business Intelligence,
Business Performance,
CIO,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Data Integration,
Governance, Risk & Compliance (GRC),
Informatica,
Information Builders,
Information Management,
Data,
data integrity,
database.com,
Kapow
Ventana Research has just released the 2012 Value Index for Data Integration, in which we evaluate the competency and maturity of vendors and products. Our firm has been researching this software category for almost a decade. Our latest benchmark research in information management found that data integration is a critical component of information management strategies, according to 55 percent of organizations. Our benchmark research on organizations using this software not only uncovers best...
Read More
Topics:
Big Data,
Master Data Management,
Microsoft,
Pentaho,
Sales Performance,
SAP,
SAS,
Social Media,
Supply Chain Performance,
Talend,
SnapLogic,
IT Performance,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Data Integration,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Informatica,
Information Applications,
Information Builders,
Information Management,
Location Intelligence,
Oracle,
Workforce Performance,
Syncsort
Read More
Topics:
Master Data Management,
Sales,
Sales Performance,
SAP,
Supply Chain Performance,
Enterworks,
Hybris,
Stibo Systems,
Webon,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Financial Performance,
Governance, Risk & Compliance (GRC),
IBM,
Information Management,
Location Intelligence,
Oracle,
Heiler,
Product Information Management,
Riversand
In our definition, information management encompasses the acquisition, organization, dissemination and use of information by organizations to create and enhance business value. Effective information management ensures optimal access, relevance, timeliness, quality and security of this data with the aim to improve organizational performance. This goal is not easily met, especially as organizations acquire ever more data at an ever faster pace. In our business analytics benchmark research of more...
Read More
Topics:
Data Quality,
Master Data Management,
Social Media,
IT Performance,
Business Analytics,
Business Intelligence,
Cloud Computing,
Complex Event Processing,
Data Governance,
Data Integration,
Information Applications,
Information Life Cycle Management,
Information Management,
Operational Intelligence
I recently had a briefing from Vertex on its tax data warehouse (TDW), a key component of its tax technology platform Vertex Enterprise. The TDW concept has been around for decades, but the earliest versions were custom-built and hampered by the technology limitations of their day. This made them expensive to deploy and maintain and constrained their ability to adapt to changing corporate requirements. The basic idea behind a TDW is straightforward: a data store that makes all tax data readily...
Read More
Topics:
Master Data Management,
Performance Management,
Office of Finance,
finance transformation,
Tax,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
CFO
My colleague Mark Smith and I recently chatted with executives of Tidemark, a company in the early stages of providing business analytics for decision-makers. It has a roster of experienced executive talent and solid financial backing. There’s a strategic link with Workday that reflects a common background at the operational and investor levels. As it gets rolling, Tidemark is targeting large and very companies as customers for its cloud-based system for analyzing data. It can automate alerts...
Read More
Topics:
Big Data,
Data Warehousing,
Master Data Management,
Performance Management,
Planning,
Predictive Analytics,
Sales Performance,
GRC,
Budgeting,
Risk Analytics,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Governance,
Data Integration,
Financial Performance,
In-Memory Computing,
Information Management,
Mobility,
Workforce Performance,
Risk,
Workday,
Financial Performance Management,
Integrated Business Planning,
Strata+Hadoop
Talend recently announced version 5 of its information management platform, which emphasizes unifying its various components. Through a combination of development activities, acquisitions and partnerships, Talend has been steadily building its portfolio of information management capabilities. In addition to its core data integration capabilities, it has added data quality, master data management, application integration and with this release business process management (BPM).
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Talend,
Business Analytics,
Cloud Computing,
Data Governance,
Data Integration,
Information Applications,
Information Management,
Strata+Hadoop
Kalido recently introduced version 9 of its Information Engine product. The company has been around for 10 years but has had difficulty establishing its identity in the information management market. Kalido was perhaps ahead of its time, partly a vendor of data integration, partly master data management and partly data governance. As an example of the positioning challenge, its core product, Information Engine, while not a data integration tool, could in some cases provide sufficient...
Read More
Topics:
Data Quality,
Data Warehousing,
Master Data Management,
Data Governance,
Data Integration,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Kalido
Right after I posted my blog about the dearth of useful content for the line-of-business and finance audience at this year’s Oracle Open World, I attended a truly useful session. (Of course, it had been shunted to the next-to-last time slot on the final day of the event.) It was a case study presented by AT&T’s tax group, discussing its use of Oracle Hyperion Financial Management to manage the corporation’s tax data.
Read More
Topics:
Master Data Management,
Office of Finance,
chart of accounts,
Tax,
Business Analytics,
Business Collaboration,
Business Performance,
Financial Performance,
CFO
The proper management of data is ever more important and complex. Business people must have easy access to data from all over the enterprise, but unguarded access and distribution may enable users to bypass the IT organization’s rules for data management, copy and paste whatever they like into spreadsheets and share it in uncontrolled fashion. Firm control of enterprise data requires policies and practice for governance, yet our benchmark research found that only 12 percent of organizations are...
Read More
Topics:
Master Data Management,
MDM,
IT Performance,
Data Governance,
Information Management,
Kalido
The proper management of data is ever more important and complex. Business people must have easy access to data from all over the enterprise, but unguarded access and distribution may enable users to bypass the IT organization’s rules for data management, copy and paste whatever they like into spreadsheets and share it in uncontrolled fashion. Firm control of enterprise data requires policies and practice for governance, yet our benchmark research found that only 12 percent of organizations are...
Read More
Topics:
Master Data Management,
MDM,
IT Performance,
Data Governance,
Information Management,
Kalido