Maximizing the performance and value of people in the workforce should be a primary focus for any business these days. It is a complex task, especially for larger organizations, and chances for success can be increased by investment in human capital management (HCM) applications. In this competitive software market SAP is making a strong push, aided by acquisitions in the last three years of SuccessFactors for talent management and more recently Fieldglass for contingent labor management....
Read More
Topics:
SAP,
Social Media,
HCM,
Human Capital Management,
Learning,
Operational Performance Management (OPM),
Performance,
Recruiting,
SuccessFactors,
Analytics,
Business Analytics,
Cloud Computing,
Business Performance Management (BPM),
Compensation,
Financial Performance Management (FPM),
HRMS,
Vendor Management Systems,
Workforce Analytics,
Workforce Management,
Workforce Planning
Data is an essential ingredient for every aspect of business, and those that use it well are likely to gain advantages over competitors that do not. Our benchmark research on information optimization reveals a variety of drivers for deploying information, most commonly analytics, information access, decision-making, process improvements and customer experience and satisfaction. To accomplish any of these purposes requires that data be prepared through a sequence of steps: accessing, searching,...
Read More
Topics:
Big Data,
Predictive Analytics,
Operational Performance Management (OPM),
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Cloud Computing,
Data Preparation,
Location Intelligence,
Operational Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
Information Optimization,
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)
Big data has become a big deal as the technology industry has invested tens of billions of dollars to create the next generation of databases and data processing. After the accompanying flood of new categories and marketing terminology from vendors, most in the IT community are now beginning to understand the potential of big data. Ventana Research thoroughly covered the evolving state of the big data and information optimization sector in 2014 and will continue this research in 2015 and...
Read More
Topics:
Big Data,
MapR,
Predictive Analytics,
SAP,
Human Capital,
Mulesoft,
Operational Performance Management (OPM),
Paxata,
SnapLogic,
Splunk,
Business Analytics,
Business Intelligence,
Cloud Computing,
Cloudera,
Hortonworks,
IBM,
Informatica,
Information Management,
Operational Intelligence,
Oracle,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Datawatch,
Dell Boomi,
Financial Performance Management (FPM),
Information Management (IM),
Information Optimization,
Sales Performance Management (SPM),
Savi,
Sumo Logic,
Supply Chain Performance Management (SCPM),
Tamr,
Trifacta,
Strata+Hadoop
Managing investments in people and their performance is critical to every organization. It also is complicated. To support the various aspects of human capital management (HCM), organizations often use a variety of technology including systems for human resource management, talent management, workforce management and payroll management. Often these separate systems use their own information and are not well connected to each other. Today they are deployed both on-premises and in cloud computing...
Read More
Topics:
HCM,
Human Capital,
Human Capital Management,
Operational Performance Management (OPM),
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
HRMS,
Supply Chain Performance Management (SCPM),
Talent Management,
Workforce Management
This year presents much opportunity for organizations to use a new generation of technology to compete better, be more efficient in their business operations and engage their workforces to their full potential. We have identified and begun to track the following next-generation technologies: analytics, big data, collaboration, cloud computing, mobile technology and social media, and in 2014 we added wearable computing to the list. In 2015 we will intensify our focus on all of them specifically ...
Read More
Topics:
Big Data,
Social Media,
Governance,
Mobile Technology,
Operational Performance Management (OPM),
Wearable Computing,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Location Intelligence,
Operational Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
Risk & Compliance (GRC),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Technology Innovation,
Workforce Performance Management (WPM)
Sales organizations are under constant pressure to maximize their potential. To accomplish this they need to integrate their people and processes with those of the finance and operations groups and have access to all available information and useful technology. This is particularly true in the area of sales compensation, which when managed properly recognizes accomplishments, rewards success and motivates people. However, we find that few sales organizations take a comprehensive approach to...
Read More
Topics:
Sales,
Operational Performance Management (OPM),
Sales Compensation,
Sales Operations,
commission,
Financial Performance Management (FPM),
Sales Performance Management (SPM)
It is more important than ever for businesses to attract and retain the best talent, and managing compensation effectively is an essential tool for doing so. Obviously companies must pay well to compete, but managing salary, merit pay, variable pay and incentives for employees, tracking their hiring anniversaries and conducting accurate performance appraisals make total compensation management a complex process. All of this must be managed within budget and policy guidelines. As organizations...
Read More
Topics:
HCM,
Human Capital Management,
Operational Performance Management (OPM),
Sales Compensation,
Business Performance Management (BPM),
CFO,
Compensation,
Customer Performance Management (CPM),
finance,
Financial Performance Management (FPM),
HR,
Sales Performance Management (SPM),
Talent Management,
TCM,
Workforce Performance Management (WPM)
Organizations today create and collect data at ever faster rates, and this introduces challenges in ensuring that data is not just managed but used in a consistent manner for a range of operational and analytic tasks. This is made more difficult by new data sources whose definitions vary from standard and widely used formats. Making all information available and consistent is essential to support business processes and decision-making. A key technology tool for this effort is master data...
Read More
Topics:
Big Data,
Data Quality,
Master Data Management,
Social Media,
Golden Records.,
MDM,
Operational Performance Management (OPM),
Business Analytics,
Cloud Computing,
Data Management,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)
At its Oracle OpenWorld the multibillion technology provider showcased the breadth and depth of its cloud computing applications and platform. Chairman Larry Ellison proclaimed it the only unified and open approach in the industry. He criticized other large application vendors that use multiple platforms to support their applications, use a proprietary layer that is not fully extensible, provide only a portion of applications needed to run the business or run on Oracle’s database technology....
Read More
Topics:
Big Data,
Sales,
Operational Performance Management (OPM),
Sales Compensation,
Sales Operations,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
SFA
In recent years line-of-business applications including accounting, human resources, manufacturing, sales and customer service have appeared in the cloud. Cloud -based software as a service (SaaS) has replaced on-premises applications that were previously part of ERP and CRM environments. They have helped companies become more efficient but have also introduced interoperability challenges between business processes. Their advantage is that cloud software can be rented, configured and used...
Read More
Topics:
ERP,
Office of Finance,
Operational Performance Management (OPM),
Order Management,
Business Analytics,
CIO,
Cloud Computing,
Customer Service,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
SFA,
Supply Chain Performance Management (SCPM)