To empower organizations to achieve greater visibility into their business performance and to execute with greater agility, Oracle has announced the latest release of Oracle Business Intelligence (BI) Applications. With new ways to seamlessly analyze procurement data and a new module for analyzing talent, Oracle continues to extend the opportunity for organizations to gain insight from a range of data sources and applications.
Oracle introduced Oracle Business Intelligence (BI) Applications 11.1.1.8.1 which includes prebuilt connectors between Oracle Procurement and Spend Analytics and Oracle’s JD Edwards. Additionally, a new Oracle Human Resources Analytics module for developing and maintaining a skilled workforce has been introduced.
Built on Oracle Business Intelligence Foundation Suite, the next generation analytics platform, Oracle BI Applications enable organizations to easily extend their BI footprint or build custom BI applications to meet specific analytics needs for line-of-business managers and executives.
Oracle BI Applications are also certified to run on Oracle Exalytics In-Memory Machine, supporting low-risk implementation and strong business value through speed-of-thought performance at a massive scale.
Prebuilt Connectors Between Oracle Procurement and Spend Analytics and Oracle’s JD Edwards Enables Rapid Deployment
The latest release introduces a new adapter that provides out-of-box integration between Oracle Procurement and Spend Analytics and Oracle’s JD Edwards EnterpriseOne, enabling purchasing and sourcing organizations quickly identify savings opportunities and improve operational performance through decision-ready, best practice analytics.
Executives, managers and frontline employees relying on JD Edwards EnterpriseOne can benefit from increased visibility into corporate spend as well as the complete procure-to-pay process, with comprehensive analyses of procurement performance, supplier performance, supplier payable trends and employee expenses.
Oracle Procurement & Spend analytics are tightly integrated with the other solutions in the Oracle BI Applications product line. They combine data from procurement systems with data from across the organization, including financial systems to enable line-of-business managers get a holistic view of their business performance, examine all their concerns and drive better outcomes.
New Talent Profile Analytics Enables Customers to Cultivate High Potential Talent Pool
Oracle Talent Profile Analytics, a new module of Oracle Human Resources Analytics, helps HR and business managers assess talent strengths and build potential leaders by delivering greater insight into job profiles, employee skills and competency levels.
Built-in key performance metrics and advanced data visualization capabilities, including the 9-box performance-potential matrix, deliver insights to help HR and managers align their organizations’ talent management needs and strategies with business goals.
Using Oracle Talent Profile Analytics, managers can perform skill gap analysis to pinpoint skill and knowledge shortfalls, improve recruitment decisions, build new training programs to maximize employee success, and gain visibility to help assess needs related to succession and turnover.
Oracle Talent Profile Analytics has pre-built connectors with Oracle’s PeopleSoft for a faster deployment at a lower cost.
“Oracle Talent Profile Analytics helps managers identify critical skills and assess talent strengths needed to get the right people with the right skills into the right jobs, shaping the organization’s competencies and helping develop potential leaders needed to meet the organizations business goals,” said Paul Rodwick, vice president of product management, Oracle. “Oracle BI Applications provide a critical platform for unlocking and analyzing enterprise-level and business-level insights, with the latest updates reducing the time and complexity to achieve a competitive advantage through data.”
“KPIT and Oracle have a history of co-developing business transformational solutions for their joint customers. Our work with Oracle allows us to provide our customers with a strategic advantage. With the Procurement and Spend Adapter for Oracle’s JD Edwards, customers are able to analyze data as they never have before. This powerful insight allows them to become more responsive, competitive and transform business processes,” said Baljeet Chhazal, KPIT’s Senior Vice President and Global Head of Oracle SBU.
