Financial Transparency – Architecting Success
Recorded Date: December 10, 2013
Duration: 45 min.
Presenters: Dwight deVera, arcplan Senior VP of Solutions Delivery; Jeff Lovett, Teradata VP, Finance & Performance Management
About this webinar:
Too many finance organizations manage their data using people, processes, and systems that are separated from the rest of the organization. This walled-off ecosystem requests data from other areas of the company and produces its own analytics often with different definitions of the same metric e.g. (Revenue, Margin) that conflict with those of line managers. With the ever increasing pace of change in the business this siloed, duplicative approach to financial analytics cannot deliver a transparent, integrated view that serves both finance and operations. Defining a simple architecture optimizes data management and makes it easy to visualize joint opportunities across both organizations.
- Leveraging insight into financial results, drivers and KPIs to provide visualized, actionable views of financial performance
- Telling the integrated contextual story of a company’s operations through common views and analysis
- Ending reliance on averages for more accurate, behavioral measures of customer or product profitability
- Utilizing the next generation of analytical techniques to unearth trends and predict organizational performance
Unearthing previously unimaginable insights from massive data sets is the premise of all the big data hype. Over the past few years as more and more stories come out about how companies are finding competitive advantages in their data, big data has moved beyond the buzz. Enterprises are deploying big data projects at a faster rate every year, and even more plan to do so within the next 2 years.
The extent to which a company can take advantage of big data analysis is determined by the amount of resources and infrastructure it has available. The good news is that now the barriers to entry have been lowered, making it possible for more organizations to meet their goals to transform operations with insights gained from big data. Here are three approaches that companies of any size can take based on their particular situation.
One thing to note is that these are underlying infrastructure approaches, and that you’ll still need an analytic engine like arcplan on top in order to interact with, visualize and distribute your insights.
Lots of resources and lots of infrastructure
Before big data was “big data,” Teradata was the only game in town. They’ve been at it for so long and their functionality is so robust – some of their capabilities are second to none. Now other vendors like SAP (with HANA) and Kognitio have their own massively parallel analytic databases. They offer robust processing and querying power on multiple machines simultaneously, enable near real-time MDX (Multidimensional Expressions, for OLAP querying) and SQL (Structured Query Language, the standard way to ask a database a question) queries, and in the case of SAP HANA and Kognitio, are fully in-memory. Not surprisingly, Teradata and SAP HANA come at a high price, but for that high price, the insights you achieve can be very near the speed of thought.
Business Intelligence as the Gateway to Big Data
Recorded Date: August 28, 2013
Speakers: Dwight deVera, arcplan Senior VP; Tom Veith, Senior Solutions Manager
About this webinar:
You’ve heard the hype around big data, and maybe you’ve put some thought into how it could impact your business. After all, the promise of big data is accessing hidden insights, discovering new approaches, and making better decisions. But how do you begin developing a technology approach that’s practical and doesn’t require a massive investment of money, time and resources?
The answer is to leverage business intelligence platforms that can handle huge data volumes, provide real-time access and enable data exploration. This webinar serves as a primer on how to practically use big data and BI together. Investments in big data usually allow a group of data scientists to deliver their results to a small community of business end users. To get beyond small communities and have an enterprise impact, you’ll need business intelligence – the mechanism to scale your big data initiative across the enterprise.
In this webinar, we:
- Lay out the big data approaches you can take based on your available resources and infrastructure, and the benefits and challenges of each approach
- Explain the benefits of utilizing existing BI platforms for big data analysis and visualization
- Demonstrate big data and BI in action on Teradata and Google BigQuery
This isn’t a webinar for IT professionals only. We break the concepts down in a way that makes sense for everyone.
It’s conference season at arcplan! Though we hold smaller arc|planet events in other countries, like Korea and the upcoming BeNeLux conference, the big kahuna is our annual German users conference, held last week at the Park Inn in Kaarst, Germany. Around 200 attendees including customers, prospects and partners showed up for the two-day event – a mix of more than 20 presentations from business intelligence experts and arcplan customers, break-outs, networking and of course, a little fun.
We must thank our ten arc|planet 2012 partner sponsors – and most especially Ernst & Young as our main event sponsor – for working with us to enable this great conference!
Keynotes and Featured Presentations
Wojtek Czyz kicked things off with a keynote called “Everything’s Possible.” Mr. Czyz lost his lower left leg in 2001 when he was an aspiring soccer player and turned that setback into Paralympics Gold and Silver medals in Athens, Beijing, and London. He gave us insight into his life and success, inspiring us all to have confidence and believe that a combination of willpower and determination can make anything work.
Our own CEO Roland Hölscher delivered a keynote on the theme of the conference, “It simply works,” a message we saw fit to be our company tagline and one that describes our drive for simplicity in the arcplan platform. Mr. Hölscher also provided a brief preview of our next major release (code named “Xenon”), which maintains the concept of simplicity yet provides an even more improved user experience across multiple applications, including mobile devices.
If you’re planning to attend the Teradata PARTNERS User Group Conference in Washington D.C. next week, we invite you to stop by booth #309 to meet a few members of the arcplan team – our CEO Roland Hӧlscher, our Director of Strategic Alliances Jan Panthel, our Director of Sales Pete Flagella, and our Senior Pre-Sales Engineer Wayne Chambliss.
It’s our second appearance at the conference, where we’re Silver Sponsors. We’ll also be highlighting our Teradata OLAP connectivity at a reception on Tuesday, October 23rd (registration ends TODAY, so sign up now!). This event is hosted by our partner Simba Technologies. Stop by for to see how arcplan uses the OLAP Connector and enjoy appetizers, refreshments, networking with Teradata subject matter experts, and the chance to win great prizes (like an iPad and a Samsung Galaxy Tab).
arcplan is one of the few partners in the Teradata partner ecosystem to leverage the Teradata OLAP connector, which, along with arcplan’s data input and write-back capabilities, allows us to enable CPM solutions on top of Teradata. This ability was featured in this month’s issue of Teradata Magazine.
The Teradata PARTNERS User Group Conference gathers executives, business analysts, data scientists and technologists to showcase innovative and world-class methodologies for data integration, big data analytics, operations, integrated marketing management, and more.
Hope to see you there!