Business Intelligence News

Oracle has launched upgrades of its business intelligence applications and enterprise performance management system.

The updates were released this week at the Oracle OpenWorld user conference in San Francisco. The BI upgrade includes a new component called Oracle Spend Classification and prepackaged integration with the company’s JD Edwards World business software. The newEPM release introduces an integrator module for Oracle’s Hyperion Financial Data Quality Management software.

BI Applications Release 7.9.6.1, a component of Oracle Fusion Middleware, comprises pre-built analytic applications for Oracle and non-Oracle business software. The new Spend Classification module, pre-integrated with Oracle’s Procurement and Spend Analytics Release 7.9.6, helps procurement departments categorize spend into a target taxonomy.

The software features a knowledge base that analyzes an organization’s buying patterns, while using a data mining technology for machine learning and other predictive techniques to categorize spend.

The J.D. Edwards support is accomplished through a new adapter for integrating the financial analytics module within Oracle BI with the financial management component of JD Edwards World.

The integration provides front-line managers with timely information on their department’s expenses, payables, receivables and revenue contributions. Oracle’s financial analytics features extraction, transformation and load maps for the company’s E-Business Suite,PeopleSoft Enterprise, Siebel CRM, and now JD Edwards World.

Oracle BI Applications Release 7.9.6 is tightly integrated with Oracle Database 11g. However, the software also supports IBM DB2 9.5, Microsoft SQL Server 2008 and Teradata v13. Supported operating systems include Oracle Enterprise Linux 5, IBM AIX 6.1, Microsoft Windows Server 2008 and Red Hat Linux 5.

The Oracle Enterprise Performance Management System Release 11.1.1.3 is a component of Oracle FusionMiddleware . The new release combines performance management and BI to support a broad range of strategic, financial and operational management processes, according to the vendor.

The EPM upgrade introduces the enterprise resource planning integrator module for Oracle’s Hyperion Financial Data Quality Management, which supports the bi-directional integration of data into the vendor’s Hyperion performance management applications from variousERP systems. The new EPM release also delivers enhancements and integrations spanning simulations, data visualization and enhanced calculation management capabilities.

Hyperion Financial Data Quality Management automates the collection, mapping, validation and movement of the data from general ledger systems to Hyperion applications. The software can take metadata from Orace’s E-Business Suite and PeopleSoft Enterprise general ledgers move it into Hyperion financial management and planning applications for budgeting, forecasting and reporting. Hyperion application users can also drill through to the Oracle E-Business Suite and PeopleSoft Enterprise general ledgers to further analyze the data by examining transactional details.