Infotech Lead India: Oracle has launched Oracle Business Intelligence (BI) Applications Release 11.1.1.7.1.
The new release incorporates significant enhancements across the entire BI Applications product line and introduces new in-memory analytic applications for indirect spend planning and student information analysis.
Leveraging Oracle Data Integrator, Oracle GoldenGate, and new setup and configuration utilities, the applications can be implemented faster, with reduced costs and improved real-time reporting, Oracle claimed.
Use of new visualizations, improved user interface and significant data access updates allow users to easily interact with analytics to achieve rich insights.
Pre-built for a range of data sources and business applications, Oracle BI Applications deliver intuitive, role-based intelligence to enable better decisions, actions and business processes.
Oracle BI Applications enable enterprises to reap the value of a packaged BI solution, while integration with a single, common BI architecture allows businesses to extend those solutions to meet their specific needs or build completely custom BI applications.
Oracle Indirect Spend Planning, an in-memory planning application for spend analysis and forecasting, enables procurement and line of business teams to uncover high-opportunity spend reduction areas; monitor and evaluate spend performance; and improve future planning cycles.
By combining powerful what-if analysis and scenario modeling with historical data, users can predict spending amounts and patterns over time to rapidly develop detailed spend plans, enabling them to purchase the right products at the right price from the best sources.
The new application leverages Oracle Essbase server to deliver a rich modeling environment with extremely fast aggregation and calculation. In addition, it integrates directly with Oracle E-Business Suite and Oracle’s PeopleSoft to incorporate established ERP business rules and constraints, allowing for more realistic modeling scenarios and the creation of actionable plans.
Oracle Student Information Analytics provides academic institutions with best-in-class reporting and analytic capabilities to increase faculty, staff and student productivity; streamline operations and institutional advancement; and ensure student success.
With pre-built analytics tailored to help education institutions match up resources with student needs, the new in-memory analytic application enables institutions to maximize student recruiting efforts, shorten time-to-graduation, improve retention rates, identify successful and unsuccessful courses and optimize faculty workloads.
“The business applications our customers rely on daily to manage operations contain a wealth of valuable data about their business, including resources, finances, employees and customers. Unlocking this data can deliver undeniable competitive advantages, yet many businesses still struggle to gain access to the intelligence they need quickly and easily,” said Paul Rodwick, vice president of product management, Oracle.
