Upload
oracle-analytics
View
571
Download
0
Tags:
Embed Size (px)
DESCRIPTION
In this general session for the Enterprise Performance Management (EPM) track, Oracle’s development executives highlight the company’s vision for the EPM system: unifying performance management and business intelligence applications with BI technology. You’ll find out what’s new in Oracle’s EPM solutions, what’s coming in the future, and what the must-see sessions are in the EPM track at Oracle OpenWorld 2014.
Citation preview
General Session Enterprise Performance Management
Balaji Yelamanchili Senior Vice President, Product Development September 29, 2014
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
The Changing Role of Finance
Cost – Containment Strategies
Weak Collaborations
Technology Wary
Investments in growth
Strengthening Partnerships
Technology Advocate
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle is Investing to Address Changing Priorities
• Innovate with new EPM applications
• Deliver the full range of EPM applications in the Cloud
• Continue to extend the lead in existing applications
• Exploit Mobile and Social capabilities to attract new EPM users
EPM Product Development Focus Areas
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Enterprise Planning What’s New & What’s Coming
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Past 18 months: Highlights
• Hyperion Planning 11.1.2.3 release
• Business user functionality available on Tablet devices
• Mobile app for workflow & approval
• Introduction of Planning and Budgeting Cloud Service
Next 12 months: Highlights
• Hyperion Planning 11.1.2.4 release
– User Defined Sand Box, Grid improvements, Instantaneous Calculations, ….
– Cloud innovations available for on premise deployments
• Planning Cloud additions – Full suite of Planning modules
Enterprise Planning: What’s New & What’s Coming….
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Planning Demo
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
• Support for on-the-fly iterative planning using sandboxes
– Auto calculation, auto-save on change
– Available on Cloud and On-premise
• Interactivity with large data sets – Rapid loading of large forms, quick cell
to cell navigation, scrolling in all grids
• User-defined client side calculations using familiar Excel syntax
– Formulas can reference dimension members and persisted in Planning
Demo: Improved Support for Operational Planning Processes Extend Planning Beyond Corporate Finance
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Financial Consolidation & Close What’s New & What’s Coming
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Past 18 months: Highlights
• HFM and FCM 11.1.2.3 release
• Mobile workflow & approvals for HFM and Tax Provision
• FDM EE based on ERPI
• New Tax Provision module based on HFM
Next 12 months: Highlights
• HFM 11.1.2.4 release
– Lighter, Faster, Simpler & Portable
– HFM on Exalytics
• New Supplemental Data Management module
• New Tax Governance module
• Mobile workflow for FCM
Financial Consolidation & Close: What’s New & What’s Coming….
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Financial Consolidation Demo
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
• Platform Independent – Windows and Linux (Exalytics) support
• Significant Performance Improvements – Multi-core scaling for Consolidation, Data
Retrieval/Loads, Metadata Loads
– Fast UI Interactions and Responsiveness
– Improved Database Interaction (ODBC replaced ADO driver)
• Simplicity – Simplified Deployment Architecture
– Support for Multiple Databases per instance
– Streamlined Integrations, Java based API
– Online monitoring (Exalytics only)
• Easy Install and Upgrade – One click install (Exalytics only)
– No application changes required
– Full support for LCM including data and process status
Demo: Hyperion Financial Management 11.1.2.4 Lighter, Faster, Simpler & Portable
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
HFM 11.1.2.4 – Early Customer Validation Results
• Global Mining Company
– HFM 11.1.2.2
– 450 Users
– 2200 Accounts, 2800 Entities, 400 custom members
Financial Services Company
– HFM 11.1.2.1
– 850 Users
– 10000 Accounts, 15000 Entities, 3000 custom members
– 4 million rec. year/scenario
Construction Materials Company
– HFM 11.1.2.1
– 800 Users across 60 countries
– 3400 Accounts, 12000 Entities, 400+ custom members
– 11 million rec. year/scenario
Oracle Confidential – Internal 13
“Change in regulations will force us to collect more data.11.1.2.4 performance will
definitely help us tremendously.” -- Financial Services Customer
• Performance Gains
Consolidation: 2 hr 6 min
Publish Data: 11 min 1.30 min
• Performance Gains
Consolidation: 53 min 21 min
Extract Data: 1hr 12 min
Load Security: 25 min 2 sec
• Performance Gains
Consolidation: 40 min 5 min
Load Metadata: 50 min 3 min
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Continued Innovation across all EPM Offerings
• Standardize and Automate Supplemental Data Collection
– Financial and Non-Financial
– Workflow and collaboration
• Management of supplemental data
• Integration with HFM
– Metadata and Data
– Post to and Drill Back from
• Integration with Smart View
– Smart View Template, Data Entry, Start from existing spreadsheets
• Integrated Dashboards and Reporting
Supplemental Data Manager
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Continued Innovation across all EPM Offerings
• New module within Tax Suite
– Workflow and control framework for Corporate Tax
• Reduce risk
– Provides visibility to task-level status
– Reduces manual effort through centralized process management
• Covers both Operations and Supplemental Schedules
– Task management, workflow, calendaring
– Data collection, standardization, prebuilt content for R&D Credit & FIN48
Hyperion Tax Governance
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
• Financial Data Quality Management Enterprise Edition
– Data sync between EPM applications
– Migration assistance from FDM to FDM EE
• Data Relationship Management
– Data Relationship Governance enhancements
– DRG approvals in EPM Mobile app
– DRM support for Planning and Budgeting Cloud Service
• Profitability and Cost Management
– New Ledger model type for expanded coverage of management reporting
– Parallel calculation improvements for performance
– Operational Transfer Pricing solution
• Essbase
– Enhanced parallel scripting
– Multi user scalability for concurrent query and calculation operations
– BSO/ASO hybrid aggregation mode
– In-memory enhancements
Continued Innovation across all EPM Offerings
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
EPM Cloud
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Cloud Adoption Is Rising
29%
37%
14%
26%
0%
5%
10%
15%
20%
25%
30%
35%
40%
2010 2012
Private Cloud
Public Cloud
Per
cen
t o
f C
ust
om
ers
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Cloud Expectations are Different
CONSUMER STYLE EXPERIENCE
Natively Mobile
Visually Stunning
Inherently Social
Intuitively Obvious
SELF-SERVICE EVERYTHING
Self-service Provisioning
Self-service Data load
Self-service Data modeling
Self-service Data analysis
CLOUD INTEGRATION
Hybrid cloud and on-premise
deployment models
Public / Private Options
Prebuilt connectors
MULTI-TENANT ARCHITECTURE
Tenant Isolation
Strong Data and User Security
Self-service Extensibility
Lights-out Service Administration
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Introducing Oracle EPM Cloud Proven. Comprehensive.
• Oracle EPM Cloud is Proven
– Based on Hyperion EPM technology deployed at thousands of global customers
– Spans the needs of corporate and operational finance across management and statutory processes
– Supports hybrid cloud and on-premise deployment models
• Oracle EPM Cloud is Comprehensive
– Planning and Budgeting Cloud Service: in General Availability
– Financial Performance Reporting Cloud Service: in Preview
– Financial Consolidation and Close Cloud Service: in Active Development
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
• Enterprise Planning with the Simplicity of the Cloud
• Full power of Hyperion Planning, Available in the Cloud
• Rapid implementation: Application creation wizards, Starter kits and templates for implementation in weeks
• Flexible deployment choices: Cloud and on-premise models, Tools for application migration
• Enterprise Grade: Security, High Availability, Scalability
• Fully Managed: Patched, Backed Up, Upgraded by Oracle
Oracle EPM Cloud Oracle Planning and Budgeting Cloud Service
General Availability Now
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Built on over 15 years of Product Innovation
Launched: February 14, 2014
Clients across industry
Financial Services, Higher Ed, Consumer Goods, Retail, Professional Services, High Tech
150+ Customers to date
6000+ End Users and growing!
Available and Supported Globally 24 X 7 X 365
Oracle EPM Cloud Strong Customer Momentum
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Financial Performance Reporting New EPM Cloud Service
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Today’s Financial Reporting Processes & Tools Fall Short
• Today, most management reporting processes are manual and ad-hoc
– Monthly, quarterly fire-drill to get Board Books and report packages done and delivered
– Manual effort Time consuming, Expensive; lack process rigor and collaboration
• Error-prone in combining Data (what) with Narrative (who, when, why)
– Re-keying of data into report
– Unable to analyze data to validate narrative
• Challenging to bring Subject Matter Experts into the process
– Insufficient collaboration features for centralized commenting on content
– Hard to track progress and who is currently responsible for individual areas of content
• Lacks versioning and auditing functionality
– Time wasted tracking versions; weak security to support “Need to Know” access to content
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
• Address Internal and Statutory Financial Reporting Needs
• Narrative-based management reporting and external disclosures in one solution
• Complete: Authoring, collaboration, commentary and delivery
• Secure: Role-based, auditable access on desktop and mobile devices
• Enterprise Grade: Security, High Availability, Scalability
• Fully Managed: Patched, Backed Up, Upgraded by Oracle
Oracle EPM Cloud Oracle Financial Performance Reporting Cloud Service
In Preview Now
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Financial Performance Reporting Demo
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 27
Demo: Financial Performance Reporting Cloud Service
Stakeholders
Financial Performance Reporting Cloud
Authors Report Owners
Approvers
Reviewers Signers
Operations Reviews Board Packages
Project Funding Proposals
Group Budget Reviews
Regulatory Reporting Public Disclosures
Audit Reports
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle is Investing to Extend Our Lead in EPM
• Innovate with new EPM applications
• Deliver the full range of EPM applications in the Cloud
• Continue to extend the lead in existing applications
• Exploit Mobile and Social capabilities to attract new EPM users
EPM Product Development Priorities
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
“Must-Attend” EPM Sessions Time Session Name Location
Mon 29 2:45pm
CON8524 – Oracle Hyperion Applications: Strategy and Roadmap
Moscone West 3008
Mon 29 4:00 PM
CON8526 – What’s New and What’s Coming: Oracle Hyperion Enterprise Financial Planning Suite
Moscone West 3008
Mon 29 5:15pm
CON5829 – What’s New and What’s Coming: Oracle Hyperion Financial Close Suite
Moscone West 3008
Tue 30th 5:00 pm
CON8556 – Introduction and Update: Oracle Planning and Budgeting Cloud Service
Moscone West 3014
Wed Oct 1 10:15 am
CON8359 – Introduction to Oracle Financial Performance Reporting Cloud Service
Moscone West 3008
Wed Oct 1 12:45pm
CON8532 – Product Development Panel Q&A: Oracle Hyperion EPM Applications
Moscone West 3008
Thu Oct 2 10:00am
HOL11440- Oracle Planning and Budgeting Cloud Service Hands-on Lab
Moscone West 3014
Oracle Confidential – Internal/Restricted/Highly Restricted 29