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Craig Schiff

I am very excited about this opportunity to share my perspectives and experience in my BeyeNETWORK Blog. For those of you who may not have read my articles and newsletters over the past few years, I hope you will appreciate a vendor-independent perspective on all things related to Business Performance Management (BPM). I focus on key topics organizations should consider throughout their BPM project lifecycle, from early stage requirements definition and justification, key measure development, vendor selection and finally, successful deployment and rollout. Of course, market trends and vendor updates will also be part of the mix. Please stop by on a regular basis to see what's new, and to make this interactive, please share your opinions. If you have a specific question, contact me directly at cschiff@bpmpartners.com.

About the author >

Craig, President and CEO of BPM Partners, is a pioneer in business performance management (BPM). Craig helped create and define the field as it evolved from business intelligence and analytic applications into BPM. He has worked with BPM and related technologies for more than 20 years, first as a founding member at IMRS/Hyperion Software (now Hyperion Solutions) and later cofounded OutlookSoft where he was President and CEO.

Craig is a frequent author on BPM topics and monthly columnist for the BeyeNETWORK. He has led several jointly produced webcasts with Business Finance Magazine including "Beyond the Hype: The Truth about BPM Vendors", the three-part vendor review entitled "BPM Xpo" and "BPM 101: Navigating the Treacherous Waters of Business Performance Management." He is a recipient of the prestigious Ernst & Young Entrepreneur of the Year award. BPM Partners is a vendor-independent professional services firm focused exclusively on BPM, providing expertise that helps companies successfully evaluate and deploy BPM systems. Craig can be reached at cschiff@bpmpartners.com.

Editor's note: More Craig Schiff articles, resources, news and events are available in the Craig Schiff Expert Channel on the BeyeNETWORK. Be sure to visit today!

Business Objects to Acquire Cartesis

The rate of acquisition activity in the performance management world continues to rise. While this deal isn't of the magnitude of Oracle's purchase of Hyperion, it is still significant. On the surface it may appear that Business Objects already had addressed performance management with its acquisitions of SRC and ALG. However, what Cartesis adds to the mix is great depth around financial consolidation and management reporting, particularly when it comes to meeting global statutory requirements. Business Objects's prior additions were light in this area. As a matter of fact, I consider Cartesis' offering second only to Hyperion in the area of financial consolidation, intercompany eliminations and the like. The other area addressed by the acquisition is governance, risk, and compliance. Cartesis had been working on a module related to this to be released shortly. The other thing this deal does is further reduce the number of platform independent performance application vendors.

With SRC, Geac/Comshare, and now Cartesis out of the picture, only OutlookSoft, Longview, and Clarity Systems remain as leading BPM (business performance management) application focused vendors. Every other top BPM vendor combines their applications with either a business intelligence platform, a transactional platform, or both. As a top-tier BI/BPM vendor Business Objects has clearly strengthened its BPM position with this deal.

Technorati Tags: Cartesis, Business Objects, Hyperion, Oracle, Longview, OutlookSoft, Clarity Systems


Posted April 23, 2007 10:01 AM
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