Database Reference
In-Depth Information
3
Oracle Enterprise Performance
Managemen t
As mentioned in Chapter 2, Oracle lumps together several disparate appli-
cation areas into what they have designated as Oracle Business Analytics,
as shown in Figure 3.1. With Business Intelligence (BI) and Analytic apps
already discussed, we will focus on performance management in Chapter 3.
Oracle offers a wide variety of enterprise performance management
tools, residing both on in-house servers as well as on the cloud, as shown
in Figure 3.2. The goal of these offerings is to help organizations of all sizes
thrive by enabling them to discover new ways to strategize, plan, optimize
business operations, and capture new market opportunities.
Oracle's Strategy Management enables senior management to develop
realistic strategic plans, define a methodology-based strategy, align objec-
tives with execution, monitor progress, and then communicate this infor-
mation across the entire enterprise. They provide a flexible approach to
strategic financial modeling and the development of KPI (key perfor-
mance indicator) dashboards and scorecards, as shown in Figure 3.3.
The various tools in this category permit the organization to perform
strategic financial planning, i.e., integrate long-term planning, treasury
strategies, and corporate development analysis with the entire enterprise
planning process. Most importantly, and something we will focus on later
on in this chapter, it helps to leverage leading performance management
frameworks to improve organizational alignment, including key perfor-
mance indicators, historical trend analytics, and user-driven workflows,
as shown in Figure 3.4.
As can be expected, this suite of tools integrates seamlessly with Oracle
Essbase and other Oracle BI solutions in portal-style dashboards with score-
card and analytic content along with comprehensive multicontent search.
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