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PARSIPPANY, NJ, Aug 07, 2013 (Marketwired via COMTEX) -- Revelwood, an IBM Premier enterprise partner and chief in designing and enforcing IBM company Analytics applications, introduced today it's the first IBM business accomplice worldwide to earn IBM Cognos TM1 Gold Accreditation. The company performed this by way of working with tons of of shoppers on successful IBM Cognos TM1 efficiency management and analytics functions.
"Revelwood is one among IBM's longest standing companions working with Cognos TM1," referred to Mark Enslin, enterprise Analytics Accreditation software manager, IBM. "This accreditation is a testament to the depth and breadth of Revelwood's competencies in assisting their consumers make the foremost use of IBM Cognos TM1 -- which interprets into improved decision making and measurable enterprise merits."
The IBM Cognos TM1 Gold Accreditation is a part of IBM's software follow Accelerator, which was launched in early 2013. This software is designed for IBM company partners to speed up and increase their skill to successfully enforce solutions which leverage IBM application. as a way to earn this accreditation, Revelwood needed to have 15 practitioners licensed on various elements of Cognos TM1 and had IBM assessment and validate a go-component of successful Cognos TM1 deployments Revelwood has delivered to their shoppers.
"This achievement is without delay regarding their stringent requirements for Revelwood consultants to have in-depth and fingers-on competencies of Cognos TM1," observed Ken Wolf, President and CEO, Revelwood. "The average length of time their consultants were the usage of Cognos TM1 is eleven years. This deep journey is why Revelwood is able to carry superb performance management and company analytics applications on-time and within funds."
further IBM Awards
The IBM Cognos TM1 Gold Accreditation is only one of a couple of prestigious honors Revelwood has earned from IBM. Revelwood became awarded the 2013 IBM enterprise Analytics skill Authorization enterprise companion success Award, which acknowledges IBM company companions who've tested excellence in providing enterprise price with business Analytics, Predictive Analytics, enterprise content administration and counsel management software. Revelwood become chosen from company partners global who have offered "ingenious options and terrific client value" for the Revelwood(TM) BPM Suite, an out-of-the-field implementation accelerator for commercial enterprise economic planning and reporting.
Revelwood additionally won the 2011 IBM Beacon Award within the unbelievable enterprise Analytics Innovation category for the Revelwood BPM Suite. Winners of the Beacon Awards are selected from greater than ninety five,000 enterprise companions international via main business journalists, analysts and executives for 27 award areas.
About Revelwood Revelwood is an IBM Premier enterprise accomplice providing implementation capabilities, practicing and support that convey ease, velocity and suppleness to economic planning and reporting, enterprise intelligence, fiscal governance and revenue performance management. Combining IBM Cognos business Analytics utility with premiere practices and pre-configured, out-of-the-box applications like Revelwood's BPM Suite(TM) and performance Toolkit(TM), Revelwood helps organizations to accelerate the building and deployment of performance management solutions. lots of of a hit implementations and proven ROI for dozens of Fortune a thousand and mid-market agencies are only a few reasons corporations turn to Revelwood for his or her efficiency administration wants. additional information on Revelwood may also be acquired via travelling http://www.revelwood.com or calling 201.984.3030.
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IBM last week issued the ten.1 unencumber of Cognos TM1, its windows-based in-memory OLAP database. the brand new liberate facets several new features that IBM says will aid customers get probably the most out of giant or complicated statistics sets.
TM1 is among the product traces that IBM acquired five years ago in its $5 billion acquisition of Cognos. The software, which became previously developed by way of Applix, features a 64-bit in-memory database that IBM says is terribly respectable at consolidating, viewing, and editing big volumes of multidimensional statistics, in particular information used for budgeting, forecasting, and efficiency evaluation.
With version 10.1, IBM has brought a brand new desktop customer called Cognos perception that enables facts exploration and collaboration among groups of users. The utility items a drag-and-drop dashboard interface that allows clients to explore the information from their stories or spreadsheets. facts that’s manipulated by way of the clients are translated returned into OLAP individuals automatically. IBM added Cognos perception with ultimate fall’s unlock of Cognos 10, and shipped the application earlier this month.
different new points include a new performance modeler, greater administration of the TM1 ambiance through its operations console, a greater allotted architecture for more desirable scalability and interactivity, more advantageous conformance to Dimensionally Modeled Relational (DMR) and non-DMR models, and multiplied language guide.
Cognos TM1 10.1 is available now. For more counsel, see IBM’s web site at www-01.ibm.com/utility/analytics/cognos/items/tm1/.
IBM Shuffles the TM1 Deck
IBM goals Mid Market with Cognos specific
IBM Acquires BI application expert Cognos for $5 Billion
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WALTHAM, Mass., Oct. 18, 2016 /PRNewswire/ -- Rocket software today introduced the widespread availability of Rocket® discover 1.6, the self-provider enterprise Intelligence (BI) solution that helps businesses profit extra cost from their existing IBM® Cognos® TM1 investments. Rocket find's native interface to TM1 lets company clients with ease access TM1 Cubes, leverage the features of the TM1 engine to boost productiveness, and collaboratively share dashboards with IBM Connections Communities via a brand new IBM Connections integration.
"find connects to TM1 very instantly and makes growing high pleasant dashboards from numerous sources extremely handy. prefer a dice, select and pivot, add a calculation, and reveal it in a visual layout it truly is effortless to consider. does not get much less demanding than that," says Ryan Clapp, technology manager, QueBIT Consulting LLC.
As a self-carrier BI solution, find enables executives and company clients to experience a fingers-on approach to BI exploration and visualization. find's intuitive drag-and-drop interface simplifies and speeds facts evaluation whereas decreasing reliance on IT. Rocket discover quickens TM1 usability with enhancements that allow users to:
"it's now not satisfactory to simply have meaningful analytics - it be additionally about pace," in keeping with Charlie Brown, Middleware and Collaboration follow manager at Mercury Consulting. "it's how fast which you can get the analytics you want, have in mind it, share it, to enable the crew to take action, and put business into your social enterprise by means of infusing your information with significant, true-time analytics. Rocket discover makes all this feasible."
IBM Connections clients can be in a position to share data and dashboards and interact in actual-time discussions about company issues; developing an built-in, collaborative, BI workflow. Rocket find 1.6 comprises other enhancements so that it will benefit all users, in spite of what enterprise planning software is being used. Highlights include scheduled query updates throughout all visualizations proposing updated information for the most desirable decisions and indicators when metrics move pre-described thresholds to set off quick difficulty decision. discover the whole listing of 1.6 enhancements right here.
About Rocket SoftwareRocket software (www.rocketsoftware.com) is a know-how business that helps businesses within the IBM ecosystem build solutions that meet latest needs while extending the cost of their know-how investments for the longer term. thousands of agencies rely on Rocket to remedy their most difficult business problems with the aid of assisting them run their essential infrastructure, company strategies, and information, as well as lengthen those assets to take skills of cloud, cell, analytics, and other future innovations. centered in 1990, Rocket is based in Waltham, Massachusetts with places in Europe, Asia, and Australia.
Rocket Press ContactRichard Berman for Rocket SoftwarePhone: 415 359 4906Email: firstname.lastname@example.org
source Rocket softwarerelated hyperlinks
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Solution: IBM Cognos Express, IBM Planning Analytics, IBM Cognos TM1
Industry: Chemical and gas
Headquartered in Bristol in the UK, A-Gas is a group of companies that focuses on the distribution and life cycle management of specialty gases and chemicals. Its expertise includes supplying refrigerants to various industries and providing recovery and reclamation services of environmentally sensitive products such as hydrochlorofluorocarbons (HCFCs).
It operates trading subsidiaries in the UK, Europe, South Africa, Australia, Southeast Asia, China, Thailand, the Americas and Mexico. A-Gas employs roughly 450 people worldwide.
Lacking a global business view
When A-Gas was founded in 1993, its aim was to introduce more climate-friendly alternatives to then widely-used chlorofluorocarbons (CFCs). Today, it's expanded to provide innovative and sustainable solutions and services for a wide range of gases and chemicals detrimental to the environment, helping customers the world over to not only meet their regulatory obligations, but also better protect the planet.
But being global comes with challenges. Allan Gibbon, Principal Consultant at IBM Business Partner Synergy, describes his customer's challenge: "A-Gas operates its various subsidiaries in a way that's most efficient for that region. Because of that, data was decentralised; the head office didn't have a standardised view of the business to make organisation-wide decisions or to forecast. It took a lot of manual labour hours to bring everything together to get a group view.
"So they showcased what their world could look like if they went with an IBM and Synergy combination."
Aggregating data intelligently
Marl'e Bijker, Principal Business Intelligence (BI) and Data Warehouse Consultant at Synergy, describes the game-changing solution: "First, they built a data warehouse and integrated IBM Cognos Express software for planning analytics. It delivers a group dashboard that gives senior managers a consolidated view of the business by entity."
To automate planning, budgeting, forecasting and analysis, Synergy also deployed IBM Planning Analytics software, powered by IBM Cognos TM1 technology. "We create master categories for products, customers and suppliers, and TM1 exports that data to the warehouse, so A-Gas can get a single view. They used the rules engine and its ability to model scenarios to give them the flexibility to plan, budget, forecast and compare different scenarios against one another, over time, to see the effect on the business," explains Gibbon.
Speeding analytics, planning
The A-Gas world is now truly connected. Sixteen entities are integrated with the system, which systematically consolidates and analyses business performance, customer and product data at unprecedented speeds. "Sales matrices that used to take three to four days to compile and two to three days to consolidate are now done at the click of a button," says Bijker.
In addition to saving time and reducing errors inherent in manual data consolidation, the solution delivers a holistic, global view company-wide, fundamentally changing how executives manage the business. Ron Buissinne, Financial Director at A-Gas, describes the transformation: "It's like spending time looking through the windscreen as opposed to looking through the rear-view mirror."
For instance, the platform has improved warehouse stock management and procurement. "Now it's very easy for them to see the stock-holding. It makes them a lot more agile in terms of how they address issues when they do come up," says Bijker.
Gibbon concurs, adding: "With TM1, Synergy had the opportunity to launch both a financial and a business intelligence solution. It's one of the best solutions in the world."
See original case study here.
IBM has multiple software business intelligence products including Cognos Analytics (formerly Cognos Business Intelligence), Cognos TM1, Cognos Express, and Cognos Disclosure Management. IBM Cognos Business Intelligence front-end can connect to SAP for HANA integration from IBM Cognos 10.2.1.9 onwards through JDBC data source connectivity (IBM, n.d.). Established in 1966, Jabil Circuit, Inc is one of the largest electronic components manufacturing services corporations covering a wide-range of business areas such as supply chain management, electronic circuits, design engineering, logistics, telecommunications, and semiconductor components for computing. GE is one of the largest customers for Jabil Circuit (Universe, n.d.).
Background of the problem
Corporations need last mile data analytics on their financial operations. After performing procurement of materials, production of finished goods, inventory management, supply chain management, creating sales orders, deliveries, transportation management, advanced shipping notifications, shipping, handling units management, invoice creation, finally the company has to perform the financial close taking the refined data from the disparate data sources of the aforementioned business processes. In an Enterprise Resource Planning system, all of the above business processes are unified in one database with a structured format. However, corporations conducting the business transactions in multiple database systems and spreadsheets will have to spend a number of hours to compile the data to consolidate the general ledger postings, cash flow, and funds flow (Srilu, 2013).
The data that comes into Excel spreadsheets may not have validation system to check the input of the values except checking numeric, alphanumeric combinations. There is no typical pre-defined configuration set up in Excel Spreadsheet migrated from another system. This can create complications for a corporation to consolidate and migrate the data from Excel spreadsheets into financial statements for each month end. Excel spreadsheets can drastically slow down the business growth and the revenues of the enterprise. If the company cannot visualize the earnings and regional breakdown of the key performance indicators, they will not be able to predict the growth plan for the next quarter or next month. This can impact supply chain operations, advanced planning optimization, and supplier network collaboration, supplier network planning. In the end, the corporation will suffer losses. Jabil was plagued by these fundamental problems to close the finance of the corporations on time (Thomson, 2012).
Jabil implemented IBM Business Analytics, IBM Cognos Business Intelligence, IBM Cognos Business Viewpoint, IBM Cognos Controller, and IBM Cognos TM1 to overcome the financial close conundrums. IBM Business Analytics contains a bevy of analytics solutions for corporations.
Intelligent and Intuitive Analytics
Jabil implemented IBM Cognos Analytics, the right arm of IBM Business Analytics Business Intelligence Analytics. The solution from Cognos Analytics offers the financial business teams to create the analytics reports on their own. They can access the data points from BI Analytics through multiple sources, and with simple drag and drop techniques they can build the self-serviceable reports. Business teams can access IBM Cognos even when they are mobile or running browser-based tools on the Internet. Streamlined workflow provides various notifications for the corporation teams to action their specific tasks (IBM, n.d.).
Enterprise Key Performance Indicators
IBM Enterprise Performance Management provides the insights to measure the performance of the enterprise in entirety by bridging the gaps found between the supply chain management operations and the financial closing of the corporate books. It provides options to build advanced planning for the organization to incorporate techniques to project the trends of the data into the future by observing the historical patterns of the data in each business group. This provides forecasting for supply chain operations to manufacture the products into the market for various segments and customers. Companies that can observe the premonitory watch alerts notifications and trends can set the pace for business growth for every quarter to turn the data insights into revenues. EPM also can monitor the project plans built with specific financial budgets for a bevy of a portfolio of project solutions spanning several products to establish a data-driven organization. The scorecards of EPM also shows the areas where the legal and regulatory requirements for the enterprises in preparing the financial statements (IBM, n.d.).
IBM Prescriptive Analytics performs diagnosis on the corporation overall performance with strategic management techniques. The diagnosis leads to providing recommended options to describe, observe, report, and act. Business workflow optimization drives automation of some decisions. C-Level executives can manage the enterprise-oriented decisions. These decisions can potentially arise on reviewing the brand loyalty of the customers related to specific products for either launching a new product or improve an existing product in the organization. The prescriptive analysis also can tap into the localization of the events organized by the business catering a bevy of local markets (IBM, n.d.).
IBM Business Intelligence provides predictive analytics for performing last mile data mining analytics by wrangling the data with exploratory techniques to understand the business perspectives from various key performance indicators of business processes spawning from procuring the raw materials through financial close. Corporations need insights to plan at least 18 months ahead of their advanced planning optimization for supply chain management processes. This can be achieved through several forecasting models and applied statistical methods on the data and glean the data through text-based analytics to create trend-based models for the future. This helps to predict and forecast the number of products to launch on the commercial shelves for each retailer in the market with who Jabil is conducting the business transactions. Primarily, Jabil manufactures electronic components to assemble various electronic devices, telecommunication, and network equipment. This requires granularity of the market trends and the predictive analytics also can hook up to connect to R language for leveraging any additional statistical packages. IBM’s Apache Spark can perform the analytics in-memory in contrast to Apache Hadoop that puts IBM ahead of the pack on file-based systems. Integration of Apache Spark with IBM predictive analytics and R can boost the system further (IBM, n.d.).
Governance, Compliance, and Risk Management
Corporations performing businesses across the globe need to meet regulatory compliance requirements when trading with other countries. The risks can arise from the tax laws or customs duties levied by other countries across the globe. To balance the trade risks, the business transactions conducted in the enterprise resource planning system or through multiple database systems need to be audited. IBM has the analytics solutions for managing the risk. The risk management analytics will scan through the database of the corporation and find out the risks involved through real-time analytics for understanding the ever-increasing risks in the transactions (IBM, n.d.).
Though, Jabil implemented not all the above solutions. However, a majority of the IBM Analytics solutions were implemented. The benefits derived by Jabil through IBM Analytics solutions provided extraordinary insights to achieve the operational excellence for financial close and manufacturing plants to run their business efficiently. The solution can be applied to several other industries that are in the manufacturing of semiconductor, high-tech, telecommunications, storage devices, and network equipment. The manufacturing process involves a particular process model to prepare the integrated design of the circuits and chips. The master data management built by Jabil through their analytics, and enterprise performance management to monitor the key performance indicators can be applied to various other industries that are under a similar category. The success of Jabil can be a potential opportunity for rest of the industries in that segment to follow based on the requirements analysis and implementation of Jabil.
IBM (n.d.). Cognos Analytics. Retrieved November 9, 2015, from http://www.ibm.com/analytics/us/en/technology/products/cognos-analytics/
IBM (n.d.). Cognos Business Intelligence 10.2.1. Retrieved December 28, 2015, from http://www-969.ibm.com/software/reports/compatibility/clarity-reports/report/html/prereqsForProduct?deliverableId=1330380859450#!
IBM (n.d.). Enterprise performance management. Retrieved November 9, 2015, from http://www-03.ibm.com/software/products/en/category/performance-management
IBM (n.d.). Predictive Analytics. Retrieved November 10, 2015, from http://www.ibm.com/analytics/us/en/technology/predictive-analytics/
IBM (n.d.). Prescriptive analytics. Retrieved November 9, 2015, from http://www-03.ibm.com/software/products/en/category/prescriptive-analytics
IBM (n.d.). Risk management. Retrieved November 10, 2015, from http://www.ibm.com/analytics/us/en/business/risk-management.html
Srilu (2013). SAP modules overview and business processes. Retrieved November 9, 2015, from http://www.slideshare.net/srilu999/sap-modules-overview-and-business-processes
Thomson, S. (2012). IBM Analytics Gives Jabil Better Insight Into Financial Performance. Retrieved November 9, 2015, from http://www-03.ibm.com/software/businesscasestudies/us/en/corp?synkey=M525334P42483U27
Universe, F. (n.d.). Jabil Circuit, Inc. History. Retrieved November 9, 2015, from http://www.fundinguniverse.com/company-histories/jabil-circuit-inc-history/
Perficient Delivers Services, Big Data Technologies to Address Rapid Growth in Healthcare IT
Perficient client to address regulatory compliance, growing ACOs and the consumerism of healthcare at IOD 2012
ST. LOUIS--(BUSINESS WIRE)-- Perficient, Inc. (NAS: PRFT) , a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America, has experienced tremendous, ongoing growth within its healthcare practice, delivering Big Data and analytics solutions to help organizations better address industry challenges head on. In an industry where competitive pressures and regulatory demands are intense, information becomes a critical business asset. Healthcare organizations are addressing questions, including - "what do they do with all this data?"
"Every enterprise today is seeing a massive influx of data. The most successful enterprises are those that can take the data, and turn it into meaningful, actionable information," said John Jenkins, vice president of Perficient's IBM Business Group. "By having the ability to recognize trends and patterns, healthcare organizations can anticipate business challenges, identify risks and take action to mitigate them, and positively shape business outcomes while improving patient care."
As an IBM Premier Business Partner, Perficient has built an IBM Industry Authorized practice to deliver both strategic consulting and advanced technology solutions for top provider, payer, life science and government healthcare organizations. By implementing the right information technology solution, organizations create more innovative business processes and services like healthcare portal collaboration, focused business intelligence and analytics applications, and an enterprise health information exchange ecosystem that help modernize, simplify and integrate healthcare systems.
"Perficient's information technology solutions help health providers and insurers better leverage their information resources to successfully address industry challenges," continued Jenkins. "Through their work with IBM, they have successfully helped their clients implement solutions that have the ability to bring the right information to the right person at the right time, driving smarter business decisions."
Meet a Perficient Healthcare Client Taking Action
Perficient healthcare client - Premier healthcare alliance - has taken steps to address these challenges by implementing solutions utilizing IBM's portal and enterprise social networking software, and business analytics and Big Data technologies.
Premier healthcare alliance, a provider-owned performance improvement alliance of more than 2,700 U.S. hospitals and 90,000-plus other healthcare sites, maintains the nation's largest clinical, financial and outcomes database. It contains information on 1 in every 4 patient discharges, 2.5 million real-time clinical transactions a day and close to $43 billion in annual purchasing data.
In partnership with Perficient and IBM, Premier is developing solutions that offer social business capabilities and data analytics to help health systems improve quality while safely reducing cost. To support alliance members, Premier is streamlining its analytic infrastructure while simultaneously adding new social business capabilities that connect providers across the nation with social networking communities, research, and healthcare applications that provide information on comparable quality, safety and cost data.
"In an era of rapid changes in healthcare delivery and reimbursement models, providers realize they need to fundamentally transform the way they manage their organizations," said Denise Hatzidakis, Premier's chief technology officer. "Providing a social networking business component allows Premier members to collaborate in an environment that helps them filter through the overflow of information they receive. Healthcare knowledge spreads more quickly, resulting in faster adoption of the very best clinical practices. This ultimately results in lower costs and better patient outcomes."
Witness Perficient's Expertise at IOD 2012
Both Perficient and Premier will be present at IBM's Information On Demand 2012 conference. IOD is one of the largest global technical expos held by IBM that focuses on Big Data and analytics, and will be held Oct. 21 - 25 at Mandalay Bay in Las Vegas.
During the conference, experts from Premier will present their healthcare IT thought leadership during the following sessions:
Perficient will serve as a Gold Sponsor of IBM's IOD 2012. As a Gold Sponsor, Perficient experts will be on hand in Booth G810 to discuss how companies can address the "influx of data" challenge through the use of IBM Big Data and Business Analytics technologies, including healthcare enterprise data warehouse and analytics dashboards, and Retail Pathways Analytics solutions for specialty retailers and restaurants.
In addition, Perficient clients Chickasaw Nation, Jabil and Macaroni Grill will present at IOD and will demonstrate business intelligence and social business capabilities in the following sessions:
Find Out More!
For more information on Perficient's information management and analytics expertise utilizing IBM technologies, including Enterprise Content Management, Business Intelligence, Enterprise Performance Management, Master Data Management, and Financial Performance Management, visit www.perficient.com/partners/IBM.
For updates throughout the event, follow Perficient experts online at http://www.perficient.com/iod and via social media by viewing their IBM blog at blogs.perficient.com/ibm and on Twitter @Perficient_IBM.
To schedule a media interview with a Perficient IBM expert, please contact Liz Drazen at 314-529-3563 or email@example.com.
Perficient is a leading information technology consulting firm serving Global 2000 and enterprise customers throughout North America. Perficient's professionals serve clients from a network of offices across North America and three offshore locations, in Eastern Europe, India, and China. Perficient helps clients use Internet-based technologies to improve productivity and competitiveness, strengthen relationships with customers, suppliers and partners, and reduce information technology costs. Perficient, traded on the Nasdaq Global Select Market(SM), is a member of the Russell 2000® index and the S&P SmallCap 600 index. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner, a Microsoft National Systems Integrator and Gold Certified Partner, an EMC Select Services Team Partner, and an Oracle Platinum Partner. For more information, please visit www.perficient.com.
Safe Harbor Statement
Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2012. Those statements are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from those contemplated by the statements. The "forward-looking" information is based on management's current intent, belief, expectations, estimates, and projections regarding their company and their industry. You should be aware that those statements only reflect their predictions. Actual events or results may differ substantially. Important factors that could cause their actual results to be materially different from the forward-looking statements are disclosed under the heading "Risk Factors" in their annual report on Form 10-K for the year ended December 31, 2011 and their quarterly reports on Form 10-Q for the quarter ended March 31, 2012 and June 30, 2012. Although they believe that the expectations reflected in the forward-looking statements are reasonable, they cannot guarantee future results, levels of activity, performance, or achievements. This cautionary statement is provided pursuant to Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release are made only as of the date hereof and they undertake no obligation to update publicly any forward-looking statement for any reason, even if new information becomes available or other events occur in the future.
Perficient, Inc.Liz Drazen, firstname.lastname@example.org
KEYWORDS: United States North America Missouri Nevada
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
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