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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 articles and resources are available in Craig's BeyeNETWORK Expert Channel. Be sure to visit today!

A new player has arrived on the performance management scene and they have the potential to make a big impact. Tidemark, formerly Proferi, came out of stealth mode just this week. To understand their technology approach to performance management you just need to look at some of their partners: Terremark for cloud infrastructure, Cloudera's Hadoop distribution, VMware vCloud, and SnapLogic middleware for integration. While this is clearly a step ahead of the current performance management pack, Tidemark's technology is not the main reason I expect them to be successful: It's the team. The investors, board, management, and employees consist of senior executives from Hyperion, OutlookSoft, PeopleSoft, Oracle, and SAP. Saying they have a great understanding of enterprise applications and performance management would be an understatement. I have personally worked with several members of the team in the past and was quite impressed with not only their expertise, but their laser sharp focus on the customer. Their depth of understanding of the space is evident in the areas of performance management they elected to tackle first: Strategic, operational, and financial planning/budgeting/forecasting, Metrics management and management reporting, and Profitability modeling. According to our 2011 BPM Pulse survey results these are exactly the areas that many companies still need to address. Well, perhaps they'll find their solution in Tidemark.

 


Posted October 21, 2011 9:18 AM
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