Mark Smith's Analyst Perspectives

Ventana Research Technology Innovation Awards Are More Than Cool

Posted by Mark Smith on Aug 31, 2013 1:33:58 AM

In the realm of technology that matters for business and IT, our firm as part of our responsibility continually assesses the latest technology and how it can impact organizations’ efficiency and effectiveness. Our benchmark research in technology innovation found that 87% of participants indicated the importance of increasing the organization’s value through technology innovation. Every year we take our knowledge from research and technology briefings to focus on our Technology Innovation Awards and determine the vendors and products that have the potential to drive change in the market, the competitiveness of an organization’s business and sometimes just how efficiently a company operates. Our firm believes that Innovation can come from any size technology vendor from the smallest to the largest that are measured on a spectrum of attributes that contribute to the specific impact of the technology.

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Topics: Analytics, Big Data, Business Analytics, Business Collaboration, Business Intelligence, Business Mobility, Business Performance Management (BPM), CIO, Cloud Computing, Collaboration, Contact Center, Customer, Customer Performance Management (CPM), Datameer, Datawatch, ESRI, Financial Management, Financial Performance Management (FPM), Globoforce, Governance, Risk & Compliance (GRC), GRC, HCM, Hortonworks, IBM, Informatica, Information Applications (IA), Information Builders, Information Management, Information Management (IM), Information Optimization, IT Performance Management (ITPM), Johnson Controls Panoptix, Kronos, KXEN, Kyriba, Location Analytics, Location Intelligence, Marketing, Mobile, NetBase, Office of Finance, Operational Intelligence, Operational Performance Management (OPM), Oracle, Overall Operational Leadership, Peoplefluent, Planview, Roambi, Sales, Sales Performance Management (SPM), Service & Supply Chain, Social Media, SQLstream, Supply Chain Performance Management (SCPM), Sustainability, Upstream Works, Vertex, VMWare, VPI, Workforce Performance Management (WPM), IT Analytics & Performance, Xactly, Information Technology

Datawatch Acquires Panopticon for Big Data Discovery and Visualization across Business Processes

Posted by Mark Smith on Jun 20, 2013 9:31:17 AM

Business analytics can help organizations use data to find insights that lead to new opportunities and address issues unrecognized before. One player in this market is Datawatch, known for its tools for information optimization and harvesting value from big data including content and documents. I assessed the company earlier this year, and recently our firm recognized its customers’ achievements with 2013 Ventana Research Leadership Awards for Information Optimization with Phelps County Regional Medical Center and Governance, Risk and Compliance (GRC) with The Fauquier Bank.

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Topics: Analytics, Big Data, Business Performance Management (BPM), CEP, Customer Performance Management (CPM), Datawatch, Discovery, Financial Performance Management (FPM), GRC, Information Applications (IA), Information Management, Information Management (IM), Information Optimization, Operational Intelligence, Operational Performance Management (OPM), Panopticon, Sales Performance Management (SPM), SAP, SAP HANA, Supply Chain Performance Management (SCPM), Office of Finance, Business Intelligence

SAS Makes Analytics Pay Dividends for Business

Posted by Mark Smith on Mar 15, 2013 9:18:41 AM

I recently attended the annual SAS analyst summit to hear the latest company, product and customer growth news from the multi-billion-dollar analytics software provider. This global giant continues to grow its business and solutions to help with fraud prevention, marketing and risk. It lets users apply its analytic and statistical technology in practical applications for business. SAS can meet midsized businesses’ demand with packaging and pricing to ensure it is not seen as only affordable to Global 2000 companies. SAS’ growth in analytics should be no surprise, as our research finds analytics to be the first-ranked priority among technologies for innovating business.

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Topics: Analytics, Big Data, Business Analytics, Business Intelligence, Business Performance Management (BPM), CIO, Cloud Computing, Customer Performance Management (CPM), Data Integration, Financial Performance Management (FPM), Fraud, Governance, Risk & Compliance (GRC), GRC, Information Applications (IA), Information Management, Information Management (IM), Operational Intelligence, Operational Performance Management (OPM), Predictive Analytics, Risk, Sales Performance Management (SPM), SAS

Equifax Workforce Solutions for Human Capital Management

Posted by Mark Smith on Dec 14, 2012 11:58:44 AM

Businesses need to simplify HR and compliance processes to save time and reduce risk. Talx, which helps employers address concerns in hiring, pay and compliance, has now assumed the name of its parent company and become Equifax Workforce Solutions [PDF]. HR and finance professionals should recognize the parent company’s brand from its work in the consumer credit industry. The company hopes these professionals will see that Equifax Workforce Solutions offers a better approach to governance, risk and compliance. According to our research, 79 percent of organizations want a better method to identify and manage risks faster.

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Topics: CFO, Compensation, compliance, Equifax, eThority, finance, Financial Performance Management (FPM), Governance, Risk & Compliance (GRC), GRC, Hiring, HR, I9, Operational Performance Management (OPM), TALX, Workforce Performance Management (WPM), Workforce Solutions, Office of Finance

IBM Opens a Page for GRC

Posted by Mark Smith on Nov 28, 2010 3:09:18 PM

IBM has announced its intention to acquire OpenPages, a privately held, Massachusetts-based software company focused on governance, risk and compliance (GRC). I noted that after the deal finishes, the business will reside within IBM’s analytics group rather than in document management; this arrangement signals IBM’s intention to integrate its collaboration and communications around performance management (and achieve a fusion of text and data) and sharpen the ability of OpenPages to get an audience with finance and IT organizations, which are mainstays of IBM’s business analytics efforts after its acquisitions of Cognos, SPSS and others.

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Topics: Business Performance Management (BPM), Financial Management, Financial Performance Management (FPM), GRC, Open Pages, Operational Management, Operational Performance Management (OPM)