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1Z0-533 exam Dumps Source : Oracle Hyperion Planning 11 Essentials

Test Code : 1Z0-533
Test appellation : Oracle Hyperion Planning 11 Essentials
Vendor appellation : Oracle
: 80 existent Questions

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Oracle Oracle Hyperion Planning 11

Oracle broadcasts current Oracle Hyperion Public Sector Planning and Budgeting Module | killexams.com existent Questions and Pass4sure dumps

constructed to handle the unique requirements of public sector, healthcare and higher training companies across the globe, Oracle recently introduced Oracle Hyperion Public Sector Planning and Budgeting, a current module that extends the capabilities of the trade-main Oracle Hyperion Planning application.

With Oracle Hyperion Public Sector Planning and Budgeting, organizations can combine and simplify budget practise, evaluation and approval, e-book and disclosure approaches.

Oracle Hyperion Public Sector Planning and Budgeting is a key partake of the newly announced Oracle commercial enterprise efficiency administration (EPM) device liberate 11.1.2.

purpose-constructed funds administration Capabilities for Public Sector, Healthcare and better training shoppers

Oracle Hyperion Public Sector Planning and Budgeting is designed to enable public sector, healthcare and higher schooling groups to manage their tangled budgeting tactics with pace and accuracy, while assembly their wants for productivity, accountability, and regulatory compliance.  It helps them manage latest and projected budgets with subtle models of positions and employee-connected-expenses with professional information from human capital administration (HCM) and conventional ledger (GL) programs.

the brand current module takes expertise of particular enhancements to Oracle Hyperion Planning including method administration and workflow capabilities that at the moment are extended to allow finer configurable technique control and champion for matrix agencies.  moreover, facts validation constraints are configurable to remain away from submission of budgets beyond organizationally described metrics.

Oracle Hyperion Public Sector Planning and Budgeting additionally makes expend of pre-built integration with the Oracle E-company Suite and Oracle’s PeopleSoft business through convenient-to-use interfaces, and can moreover be built-in with SAP purposes via effective adapters.

the key features of Hyperion Public Sector Planning and Budgeting encompass:

  • Human Capital Planning -- provides out-of-the-container configurable and expandable position and worker budgeting fashions. mixed with refined planning and budgeting method administration features, these fashions aid corporations assignment and evaluate the repercussion of worker compensation and benefits charges on common budgets whereas supporting remedy forecasting; and,
  • monetary budget Books and reviews – utilizes huge Oracle Hyperion monetary Reporting points and public sector and higher schooling-linked enhancements to produce highly formatted, exact budget reports and construction best budget books capable for reserve in HTML and PDF formats.  Dynamic links to records in the planning system dispose of the necessity to manually edit a great number of reviews and documents when plans trade.
  • supporting fees

    “finances and economic officers in public sector, greater education and healthcare organizations are below consistent drive to achieve together and supply remedy and well timed assistance concerning plans and budgets, while additionally meeting ever-increasing wants for productivity, accountability, and compliance with mandates,” pointed out Robert Gersten, senior vice president, Oracle construction.  “Oracle Hyperion Public Sector Planning and Budgeting is goal-built to address these wants.  in accordance with years of ideal practices from Oracle Hyperion Planning implementations, the current module will provide a packaged admit with a view to deliver quick value and low total cost of ownership.”

    “Many municipal governments and tutorial companies struggle to control their budgeting process with spreadsheets and different custom solutions,” said Pravin Kumar, CEO of AST employer. “the inability of analytical capabilities and capital budgeting elements within the existing ERP software has been a sore point for their customers. Oracle Hyperion Public Sector Planning and Budgeting is a welcome admit with prebuilt performance for their consumers, while on the identical time integrating with the Oracle E-company Suite and PeopleSoft enterprise. Now their purchasers will be capable of attain each position and employee budgeting, the usage of source facts from their payroll and HR purposes.”

    “essentially every bit of of the public sector and better training businesses that they fill dealt with are searching for a robust and multifaceted budgeting device that offers accountability, function-rich performance, method-centric approach, integration-to-supply programs, HCM suitable corpse of workers management performance and the capability to catch funds problem Papers and develop budget Books every bit of backed up with the aid of a strong calculation engine,” preeminent Dan Salas, President, The forthcoming group Inc.  “based on their checking out and exposure, they believe that Oracle Hyperion Public Sector Planning and Budgeting meets, and in some cases, even exceeds these expectations.”


    Larry Ellison Sees Expansive possibility For Oracle's Revamped Cloud | killexams.com existent Questions and Pass4sure dumps

    via Aaron Ricadela

    Oracle executive Chairman and CTO Larry Ellison had a message for analysts recently: Now that Oracle has upgraded the computer systems, networks, and structure that underpin its cloud computing service, it’s going to rate more aggressive on cost to position accommodate on competitors.

    “We’ve obtained a really solid infrastructure groundwork beneath their most strategic product, which is Oracle Database,” Ellison instructed monetary analysts at a late October assembly in San Francisco. “It’s a land rush now for cloud, and they find a pass to be very cost aggressive.”

    Ellison used his presentation, which followed those of CEOs label Hurd and Safra Catz at the conclusion of the enterprise’s Oracle OpenWorld consumer convention, to wrangle that community speed, computer security, and database efficiency upgrades in Oracle’s cloud application are atmosphere the table for more valued clientele to tide databases in the coming year from their own information centers to online functions. The efficiency advancements might let Oracle capture partake from Amazon net services, which Ellison talked about isn’t as most suitable to serving large, regulated groups with facts protection considerations in industries including banking and telecommunications.

    “They haven’t changed their fundamental structure, and that they’re going to should,” he talked about. “all and sundry goes to necessity to.”

    Oracle designed a 2nd-generation cloud infrastructure, obtainable now for brand current customers, to fulfill the wants of the commercial enterprise-scale Oracle Database clients that are increasingly able to dash their workloads to online models. the current structure not only improves protection and reliability, it raises computing speed, presenting Oracle a value capabilities in opposition t AWS due to the fact cloud drudgery is billed by using the minute. “It’s discovered cash for us,” Ellison noted. “we can find the money for to be plenty extra aggressive on pricing than they can.”

    The utility stout moreover showed current independent Database capabilities including the capability for agencies to insulate computing jobs from different clients contending for substances. the brand current infrastructure and database services can moreover pace purchasers’ relocating transaction processing databases and analytical records warehouses to the cloud, talked about Ellison.

    Oracle, the area’s largest service provider of database administration utility, had 42.3% of the $33.1 billion relational database market in 2017, in accordance with market researcher IDC. Microsoft was 2d with 24.3% partake adopted via IBM with 12.7% and SAP with 6.8%. The cloud database opening solitary can be giant, Oracle’s chairman said.

    Oracle will pursue every bit of cloud workloads, Ellison talked about, whereas pointing to how plenty of “the realm’s excessive-cost records” is kept in Oracle Databases. “If they got the Oracle workloads in their cloud, how huge would their cloud be?” Ellison spoke of to analysts.

    the brand current generation of Oracle Cloud Infrastructure is designed round three goals: enhanced protection and reliability; maintaining purchasers’ investments in their Oracle databases and purposes by means of making them portable to the cloud; and charge and performance merits compared with on-premises models, in accordance with Ellison. in one sample of Oracle Cloud Infrastructure’s technical area, Oracle is offering remote direct remembrance access (RDMA) so computer systems in a community can exchange facts in reminiscence quicker with out having access to each different’s working programs. Oracle in its cloud provider has additionally separated controlling computer systems that shun Oracle code from machines operating purchasers’ code, to strengthen protection. “It’s high priced—we needed to add computers,” Ellison referred to.

    all the pass through a sever Oracle OpenWorld presentation on cloud infrastructure, Oracle senior vp Don Johnson talked about the company took a unique technical strategy than in other public clouds, designing its computing provider for large, regulated companies with records security concerns.

    Cloud Infrastructure and Apps Complementary

    The so-referred to as 2d-generation Oracle Cloud Infrastructure, which provides computing power, networking, and storage as online capabilities, might moreover cheer companies to movement more of their Oracle purposes to online software functions in a challenge to SAP.

    Cloud applications can aid pressure Oracle Cloud Infrastructure demand, as businesses' own builders build capabilities operating on it that integrate with on-line functions in an effort to meet some unique consumer want. “These are related corporations,” Ellison talked about. SAP claimed about 27% of the $27 billion enterprise useful resource planning application section terminal year, in comparison with well-nigh 21% for Oracle, according to IDC.

    “We’re going to proceed from No. 2 behind SAP in functions to No. 1 in SaaS,” Ellison talked about. SAP is developing the random for some consumers to believe switching business functions suppliers through an upgrade to its S/four Hana device that requires an SAP database, and an introduced objective to conclusion champion of some obsolete versions of its ERP tools by pass of 2025.

    “There’s a constant chance,” Ellison stated. “We’re touching SAP customers to the cloud—companies you’ve heard of.”

    Aaron Ricadela is an Oracle director of strategic communications.

    ahead-looking Statements Disclaimer: Statements listed here regarding Oracle’s future plans, expectations, beliefs, intentions, and potentialities are “ahead-looking statements” and are realm to fabric risks and uncertainties. Many components may fill an sequel on Oracle’s latest expectations and genuine results, and will trigger specific outcomes to vary materially. A dialogue of such components and different risks that fill an sequel on Oracle’s business is contained in Oracle’s Securities and exchange commission (SEC) filings, including Oracle’s most contemporary stories on shape 10-k and shape 10-Q below the heading “possibility components.” These filings are available on the SEC’s site or at http://www.oracle.com/investor. every bit of information listed here is current as of October 25, 2018, and Oracle undertakes no responsibility to supersede any observation in gentle of recent information or future movements.


    interRel Press proclaims the liberate of “appear Smarter Than you're With Oracle Hyperion Planning: An Administrator’s guide” Premiering at OAUG Collaborate 2010 | killexams.com existent Questions and Pass4sure dumps

    LAS VEGAS--(enterprise WIRE)--interRel Consulting is supercilious to publish the unencumber of the very first publication on Oracle Hyperion Planning for administrators, look Smarter Than you're with Oracle Hyperion Planning: An Administrator's e-book as partake of their #1 selling Hyperion ebook collection, perceive Smarter Than you're With Hyperion. The reserve could be formally unveiled on the 2010 Collaborate convention in Las Vegas, NV on Monday, April 19, 2010. This publication will be available to buy at the Collaborate reserve shop throughout the conference and on interRel’s website at www.interrel.com. Their different best-promoting books, look to be Smarter Than you are with Oracle Hyperion Planning: An conclusion user’s book, look Smarter Than you're with Essbase 11: An Administrator’s reserve and perceive Smarter Than you're With sensible View and Essbase eleven: An discontinue consumer’s ebook will moreover be available for buy on the Collaborate bookstall and their web page.

    After countless requests from their loyal analyzing public and purchasers who searching for interRel’s unquestionable skills in the Hyperion area, they fill achieved the first ever publication purchasable on Oracle Hyperion Planning for administrators. In October of 2009, on the Oracle OpenWorld conference, interRel released the first ever publication on Oracle Hyperion Planning specific for conclusion clients. because the market leading budgeting and forecasting answer, Oracle Hyperion Planning provides potent planning capabilities over the internet and in Microsoft Excel. This ebook is your key to unlocking the belt of Planning from an administrator point of view, guiding you in the course of the fine details of Planning on your quest for greater budgeting and forecasting, which in flip results in more desirable business efficiency.

    providing their loyal reading public the probability to reside forward of the curve, the content spans an introduction to Oracle Hyperion Planning and how to join, the pass to blueprint over the internet, a pass to build a Planning utility from birth to finish, the steps to manipulate and administer Planning applications, advice, tricks and design most useful practices for Planning and its underlying Essbase databases. This reserve is your key to unlocking the belt of Planning from an administrator perspective, guiding you in the course of the ins and outs of Planning on your quest for superior budgeting and forecasting.

    the residence to purchase

    presently, the handiest belt to purchase these books is without detain via their writer at Lulu.com. when you are attending the Collaborate 2010 conference, the books might be purchasable on the market on the Collaborate reserve shop. arrive meet the authors of their optimal-selling ebook sequence, Edward Roske and Tracy McMullen, on the Collaborate reserve residence signing on Tuesday, April 20, 2010 from 11:30-12:00pm.

    About interRel Consulting

    lower back-to-lower back winners of the Oracle EPM & BI associate of the yr, interRel Consulting develops Oracle EPM and Hyperion solutions on time, below funds and with total attention to first-class. interRel gives implementation consulting, on-website & classroom working towards, internet-based & phone guide, and infrastructure consulting to shoppers ranging from the international 500 to mid-size organizations as smartly. home to two Oracle ACE directors and an Oracle ACE, interRel has published several books on Hyperion below the “seem to be Smarter Than you're” sequence. interRel has additionally been referred to via Inc. magazine in 2008 and 2009 as being one of the quickest growing corporations in the united states. For greater information, please talk over with www.interrel.com.

    About Collaborate 2010

    For the fifth consecutive year, the unbiased Oracle clients neighborhood (IOUG), the Oracle applications clients group (OAUG) and Quest alien clients group (Quest) unite forces to host the main know-how and applications forum for the Oracle community. COLLABORATE 10 is designed to champion users of the whole household of Oracle business functions and database applied sciences gain enhanced charge from their Oracle investments. Created via and for clients, COLLABORATE 10 offers an authority blend of consumer-to-client interplay and insights from expertise visionaries and Oracle strategists. representation at COLLABORATE 10 will encompass Oracle clients, solution providers, consultants, developers and representatives from Oracle employer.




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    1Z0-533 exam Dumps Source : Oracle Hyperion Planning 11 Essentials

    Test Code : 1Z0-533
    Test appellation : Oracle Hyperion Planning 11 Essentials
    Vendor appellation : Oracle
    : 80 existent Questions

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    Edgewater Ranzal's Jeff Flak Authors Oracle DRM reserve | killexams.com existent questions and Pass4sure dumps

    March 31, 2015 08:30 ET | Source: Edgewater Technology, Inc.

    WHITE PLAINS, N.Y., March 31, 2015 (GLOBE NEWSWIRE) -- Edgewater Ranzal, Inc., a wholly-owned subsidiary of Edgewater Technology, Inc. (Nasdaq:EDGW) and platinum even member of the Oracle confederate Network, announced that Jeff Flak of Edgewater Ranzal has co-authored a current reserve about Oracle Data Relationship Management (DRM) called, "The Oracle Data Relationship Management 11 Guide: Successful Implementation Essentials."

    The reserve examines the functionality of the Oracle DRM software solution, the integration points, and the steps for implementation success, providing a comprehensive reference usher for the user community. Project management topics, ranging from planning the implementation to testing and maintenance, are discussed and illustrated extensively with screenshots and diagrams.

    "Jeff is an accomplished expert in the Oracle DRM space," stated Robin Ranzal, President of Edgewater Ranzal. "He offers a wide sweep of scholarship and value to the DRM practice, as well as to Edgewater Ranzal's clients."

    Written for both DRM developers and business users, the usher provides a high even conceptual understanding of the product while acclimating users to the software, demonstrating the benefits of integrating DRM's powerful functionality into an operational business environment.

    The reserve will be published by P8tech, an independent technology publishing company based in the U.K., and is now available to order on Amazon.com.

    About Jeff Flak

    Jeff Flak is a Project Lead for the Data Relationship Management (DRM) drill at Edgewater Ranzal. His DRM relish includes the integration of multiple Enterprise Performance Management (EPM) and Enterprise Resource Planning (ERP) applications. With Oracle certifications in Essbase and DRM, Jeff has over 8 years of consulting relish with the Oracle EPM suite of products and related business Intelligence (BI) technologies, and has led implementations to champion EPM efforts in a number of industries, including government, healthcare, insurance, non-profit and retail.

    About Edgewater Ranzal

    Edgewater Ranzal delivers business Analytics solutions that comprehend Oracle Hyperion Enterprise Performance Management (EPM) and Oracle business Intelligence (BI). Ranzal consistently applies and updates leading-practice methodologies to address changing business requirements in various industries and takes edge of evolving system capabilities.  Edgewater Ranzal has a global presence, with resources and clients located throughout the United States, Canada and Europe.

    TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates.

    Company Contact: Jenny Norwood Senior Marketing Manager Tel (781) 246-3343 Investor Relations: Liolios Group, Inc. Cody Slach 1-949-574-3860 EDGW@liolios.com

    Edgewater Technology, Inc.

    Wakefield, Massachusetts, UNITED STATES

    Company Contact: Jenny Norwood Senior Marketing Manager Tel (781) 246-3343 Investor Relations: Liolios Group, Inc. Cody Slach 1-949-574-3860 EDGW@liolios.com Edgewaterlogo.jpg

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    SAP and business Objects seize the next step | killexams.com existent questions and Pass4sure dumps

    With SAP set to finalize its purchase of business intelligence (BI) stalwart business Objects, the two companies Wednesday moved forward with nine current jointly created product offerings.

    The software includes products focused on monetary performance management and governance, risk and compliance, as well as packages aimed at miniature and medium-sized businesses, such as business Objects Edge Series. Another current offering, Master Data Services, is based on the SAP and business Objects business intelligence platforms. The current packages will be available later this month and sold by both SAP and business Objects' sales teams, SAP officials said.

    "The combined portfolio definitely enhances SAP's position in business performance solutions," said Paul Hamerman, vice president of business process and applications at Cambridge, Mass.-based Forrester Research Inc. "While the specific product roadmaps fill not yet been disclosed, my research indicates that [SAP and business Objects] will be able to provide first-rate solutions in planning and budgeting, monetary consolidations, strategy and measurement, and cost and profitability."

    Some of the current products -- specifically those related to BI, including Enterprise Query, Reporting and Analysis, and Visualization and Reporting -- are just a repackaging of existing business Objects products, according to Boris Evelson, a principal analyst with Forrester. SAP, he added, will retain NetWeaver BI as its groundwork BI offering and provide business Objects technology at a premium to existing customers.

    "The existent epic will arrive out in a few months when the converged product map is finalized and becomes public, and they fill actual confirmation that SAP and business Objects sales forces are cooperating, not competing," Evelson said.

    SAP's announcement came on the day Oracle confirmed that it will acquire BEA in a deal that appeared inanimate a few months ago. It moreover falls in the middle of SAP's tightlipped period, following its fourth-quarter earnings report.

    SAP's deputy CEO, Léo Apotheker, citing IDC research, claimed that the combined companies are the leader in the BI/business user space with $2.5 billion in revenue, ahead of Oracle-Hyperion and SAS, which generate about $1.5 billion and $1.1 billion in annual BI and business user revenues, respectively. Together, he said, SAP and business Objects import approximately 60,000 unique customers.

    With 87% of business Objects shareholders now onboard, SAP plans to operate business Objects "mostly independently," according to CEO Henning Kagermann. business Objects CEO John Schwarz will unite the executive board of SAP and lead the group that includes SAP's business User unit and business Objects. business Objects will continue to lead sales in non-SAP accounts, Evelson said.

    Schwarz confirmed that while the company will align with SAP's technology and organization to attain SAP customers, it is committed to an open platform.

    "We are equally committed to the non-SAP customer, non-SAP platforms, non-SAP environments," Schwarz said. "So they can continue to champion those customers that fill invested with us. And in fact their objective is to fill a BI solution on top of Oracle that is better than Oracle's own BI solution."

    A platform that can drudgery with any other technology -- whether it's an Oracle ERP product or something Accenture or Wipro custom built -- is a censorious partake of SAP's strategy going forward, according to Ray Wang, a principal analyst at Forrester. He pointed to the potential to seize edge of this agnostic BI platform and leverage SAP's business process expertise to unravel problems in any environment as one potential benefit. This should serve to ease the minds of SAP and business Objects customers alike, he added.

    "So every bit of in all, [it's a] win-win situation for SAP customers, who will fill options to migrate up to more complex, more heterogeneous business Objects products," Evelson said. "[It's a] non-event so far for business Objects customers; SAP is not meddling in their affairs yet."

    Customers should retain a close eye on the situation, however, because the companies fill some similar offerings that could be consolidated, according to Hamerman.

    "There will likely be some fallout in terms of overlapping solutions that don't acquire the cut," he cautioned. "Customers should perceive closely at the product roadmaps as they emerge to assess their long-term strategies."


    Analytics and the elusive customer of one | killexams.com existent questions and Pass4sure dumps

    Trainline travel details via emailTrainline travel details via email

    The current situation of analytics is making it difficult to understand what is strategic and what is tactical. prerogative now, I remark numerous experiments with different approaches and softwares leading to a dizzying array of outcomes. To date, I’ve not seen a ‘joined up’ approach that I could seize to a CEO and credibly convene a ‘strategy’ that will acquire an appreciable dissimilarity to the bottom line. Why? Phil Wainewright’s discussion of the Trainline’s approach to data and data analysis provides useful clues.

    Holes in the story

    One the one hand the Trainline epic speaks to the fantasy of those working towards Wainewright’s Valhalla of a frictionless enterprise. On the other hand it speaks equally to the less than joined up nature of supply chains. Slap bang in the middle are the analytics providing the food for conclusion making thought. Apart from the mandatory value add statements in the Trainline story, check these two snippets:

    There’s moreover potential to mine Trainline’s historic data to give customers useful information, for sample to let them know which are the busiest trains and which are likely to fill more space available. Holt can moreover envisage using the data to present more airline-style charge management, but as Trainline doesn’t set prices itself — that’s up to the train operators — for now it has to content itself with other aspects of the customer experience.

    There’s your fantasy piece of the confound prerogative there.

    But beyond its own expend of data, much of what Trainline can achieve depends on interactions with the train operators and how much investment they are willing to achieve into enabling those more magical journeys. E-ticketing is one example. At the moment it’s available on 30% of routes, says Holt. But for a seamless experience, it requires ticket barriers at the station that can read a QR code from a mobile phone. No operator is currently completely e-ticket enabled, and some fill barely started, although the government is encouraging more aggressive adoption of the technology.

    I knew Phil was writing this piece and in email pointed out to him that QR reader facilities don’t exist at Kings Cross, Bradford, Manchester or Harrogate – stations I’ve used the terminal few weeks, twee of which are major UK rail hubs. The ticket barriers fill to be manually opened by staff wasting time inspecting the e-ticket. I could moreover add that the QR based e-ticket is not consistently offered on the mobile app. On the plus side, the tickets can become partake of an expense report. So yes, hats off to Trainline for fantasy and a thoughtful approach to the value analytics can bring. But in the existent world, much more needs to be done. And it is this ‘what’s next?’ question that vexes me.

    Bullshit and the spreadsheet

    This was brought into sharp focus for me during a conversation with Nick Hortovanyi. You won’t find him pontificating on the inter webs or flogging the next shiny current thing. He’s a a smart coder who has worked on some honking stout projects involving capital intensive industries where sensor technology has not only been around since forever but is rapidly expanding i its usage and deployment. He said something that stopped me in my tracks:

    I’m sick and tired of listening to the analytics bullshit around Internet of Things. The august steps forward chance when you remark a fundamental change in the approach to analytics where the customer is at the center. Where is that next step?

    That made me sit up because thinking back, the terminal huge stride forward in delivering compute value came with the confidential spreadsheet. That was sometime around 1979. To this day, the spreadsheet remains the most ubiquitous utensil for creating forms of analysis, whether it be consolidated account reporting or what-if? analysis of increasing complexity. As one colleague said:

    You’ll fill to rip the spreadsheet from my cold inanimate hands before I’ll abandon it for something else.

    Plenty of people coincide the spreadsheet remains useful but that the dangers of its expend in unsuspecting hands are at times overwhelming. It’s a topic I’ve regularly opined on since 1996. But it is that ‘something else’ that’s elusive.

    The terminal few years, many colleagues fill been drawn to the promise of visualization technology of the benign Tableau and Qlik fill successfully championed, usurping the likes of BOBJ and Hyperion along the way. But as we’ve seen in recent reporting quarters, the gloss has gone off those solutions as companies fancy Microsoft fill arrive in with cheaper and, arguably easier to expend solutions that ultimately dovetail to their core products – fancy the ubiquitous transcend spreadsheet. Even then, you can easily wrangle that ‘viz’ is only an discontinue user enabling technology that makes data easier to consume and understand. It’s not a fundamental shift.

    Thinking further afield, kindly Data recently approached me wanting to brief on analytics that serve to drive the business. As I considered what they are saying, it struck me that they were describing something that’s far from new.

    The ‘customer of one’

    At diginomica, we’ve used web analytics from day one as a pass of discovering what drives content, which lies at the heart of how we’ve built the business model. It’s an evolving requirement and one to which they devote considerable thinking time. I’m not convinced we’ve cracked it – yet – but at its essence is the concept that if they are to succeed in what they attain then they must serve the ‘customer of one.’

    As I thought more about this problem, it occurred to me that business is not really solving for the ‘customer of one’ but mostly generalizing for revenue in a transactional manner. The customer is not the heart of the arrangement but the target.

    It concerns me that what we’re seeing are siloed applications. Build me a revenue discoverer here, find me an optimal cost path there and so on. every bit of of which is fine as tactical statements but doesn’t display me how the bottom line is impacted overall. In the Trainline case, the company won’t remark optimal results until the physical infrastructure is in residence with which to present the efficiencies the Trainline envisages:

    We know that customers expend up to 20 minutes queueing at ticket machines. The amount of time people are wasting queuing for pieces of inanimate tree when they could just proceed [on their phones], ‘I’ve bought it, I’m going to go.’

    Buying it on the pass to the station would be much better. We’ve been working with the industry to roll it out and we’ll be doing a lot more of that this year.

    Getting from here to there in this case requires much more than august analytics. It requires a vision that can be both communicated and acted upon across an entire industry. Pulling that off will be no carry weight feat.

    But even that is only one half of the equation. The Trainline is looking for revenue optimization through a better customer buying experience, because that’s what its business model depends upon. It begs the question about how service delivery is improved, once the sale is made and how that will repercussion the Trainline’s long term prospects. That got me revisiting the KPMG report, Now or Never: 2016 Global CEO Outlook (PDF.)

    Are CEO’s viewing the world correctly?

    Barb Zinck’s opus, Why attain marketers struggle to attain analytics well? references the KPMG report noting that:

    84% of CEO’s indicated their concern about the property of the data they expend to acquire decisions.

    I was much more concerned about the plethora of other findings summarized in this image:

    KPMG findingsKMPG – key findings, 2016 CEO Outlook

    They’re not smooth to read on this lifelike (click to pop out) but I was astonished at the high even of concern about putting customers central to their strategies at 88% but the complete absence of collaboration as a topic to account as partake of that customer relationship. Instead, the emphasis is on confederate collaboration. Analytics is core to those relationships and yet again, it isn’t a stand out in this report.

    In that context, the cynic in me is hardly surprised by Zinck’s question or her ongoing concern.

    As I pick over the various tales and case stories, hear pitches telling me how fresh approaches to analytics are discovering revenue drivers, hear about the latest thing that IBM Watson has done and so on, I can’t champion but sensation why they are not hearing about a more expansive vision.

    Instead of hearing about things that genuinely puts the whole customer relish first, with analytics that tide the entire length and breadth of that experience, I am much more likely to hear about point solutions, ache point solutions or simply fluff. My sense is that technology providers who’ve got their hands on a shiny current toy perceive out at the sea of data in front of them and device that only a quick win matters.

    The collaboration nexus

    There is an approach, hidden away in Rachel Happe’s Facebook time line, where she says:

    Traditional leadership is focuses on the transaction (sale, pitch, stock price, vote). Collaborative leadership focuses on the relationship.

    People with traditional leadership mindsets are confused by collaborative leadership – because they want the pitch, not the question.

    But the pitch is a transaction – it can be accepted or rejected. Questions draw you in and accommodate you to declare yourself. They accommodate you to rate involved and be partake of the solution.

    If you are focused on the transaction, each transaction will cost you something. If you are focused on the relationship, the transactions will arrive organically and in the discontinue be cheaper.

    To me, this is networked/community leadership. smooth to fire in the short-term, incredibly resilient and powerful in the long-term.

    Wow! Is that a powerful set of statements or what? Happe’s statement is made in a political context yet is equally applicable to the business. So where attain analytics fitting into THIS equation?

    Analytics at petabyte scale

    I’m of the view that in order to understand individual customer need, business needs a LOT of data, much of which should be about understanding customer deportment resulting from the customer experience. convene it gregarious or stout data if that makes you feel more comfortable. I prefer a degree of precision in what I am trying to find.

    Simply trying, for example, to flow the tide of cart abandonment with annoying emails ain’t going to slit it. not a bit of this is smooth from a technical standpoint.

    Which data attain you examine? How attain you device out which statistical techniques are going to be appropriate? How attain you proceed from manifest cause and sequel to a profound understanding of behaviors? What can they learn from those behaviors? Where does creative thinking slot into the process of designing current experiences? Where the heck are the tools that are going to give operational front line conclusion makers a limpid path to action?

    Hortovanyi says that today’s installed sensor technology is only tackling a fraction of what is possible track side. I countered with tales about the gigabytes of data Formula 1 race cars generate and wondered if similar approaches could not be applied to more sedate forms of transportation. The moment you attain that, you set up a requirement for massive compute needs, a la Spark and other emerging, yet silent tangled technologies.

    Regardless, and as the Trainline sample informs us, there are plenty of ways in which to infer behaviors up to the point of buying. It’s what happens after that which I keeping about.

    It seems for sample that many of the transportation companies fill singularly failed to understand how to manage penniless customer experiences. Just how many Tweets or Facebook mentions does it seize before a train operator/airline/name your favorite here takes notice or spots a trend? Maybe this from Emily Coltman gives a special clue:

    Keep quiet

    Not my relish on august Central to London this week but heh ho.

    Data at rest, data in flight

    That brings me to the monetary numbers which, at the discontinue of the day, shape the basis (but are not the only measure) for analyzing and understand shareholder value. Those are always historical, they’re never real-time. Not even remotely close. They’re at best a guesstimated snapshot based upon modified data at rest. But then some of that snapshot data such as accounts receivable can be extremely useful when thinking about realm service requests and renewals.

    Why wouldn’t you rate the realm service agent to pick up a check on an obsolete outstanding account while visiting the customer? But then what if the customer has paid earlier in the day? attain they fill systems capable of instantly recording that? No. Their global banking systems are so fragmented and reliant on latency as a pass to rate revenue, that it is nigh on impossible to reveal cleared items in less than a day.

    Even when set against these limitations, I remark precious few examples where data at ease and in flight are merged in such a pass as to champion people seize operational decisions. Even then, I fill yet to remark any examples that demonstrate how different strategies are A/B tested so as to better overall outcomes.

    Finally

    It is limpid to me that they are the darkness before the dawn of a current age in analytics. Colleagues and vendors will bang on about the latest shiny current thing in ‘big data’ or the even more nebulous ‘internet of things.’ If C-level conclusion makers are confused then not a bit of us should be surprised. But a continuing of silo-based, departmental, point problem thinking is not going to unravel the genuine problems that many businesses countenance today.

    We desperately necessity a visionary approach where the customer is central to the discourse around products and services and where the transaction is a natural rather than forced outcome. They necessity forms of analytics that talk directly to the question of behaviors, but not in a creepy, we’re-looking-over-your-shoulder benign of way. They necessity analytics that operational managers can easily understand and which allow for sharing with any interested party. They necessity analytics that champion us better remark how to unravel the whole customer relish while driving forward with the notion of the frictionless enterprise.

    In short – they necessity something fundamentally new. prerogative now, I’m not seeing it.

    Image credit - images clipped from named sources, featured epic image via © Rawpixel.com - Fotolia.com



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