|[June 16, 2015]
Hubble Brings Complete, Real-Time Reporting, Analytics, and Planning to Oracle JD Edwards and E-Business Suite
At the HubbleUP
2015 User Conference, insightsoftware.com today announced the Hubble
Performance Management Platform, the industry's first complete
business performance management solution that offers business financial
managers real-time insight for reporting, analytics, and planning fully
integrated with your enterprise resource planning (ERP) system.
Performance Management Platform, which can run on-premise or in the
cloud, is tightly integrated with industry-leading ERP solutions from
Oracle (News - Alert) to provide CFOs, their finance departments and the whole
enterprise with the tools needed to understand business performance -
and take actions to grow the business, save costs, and operate at
Many CFOs today rely upon the ERP as the core system for financial
transactions and processes, but are often challenged when it comes to
reporting, analytics, and planning. While numerous third-party providers
offer Business Intelligence (BI) tools, those often rely upon data
warehouses - which extract and process a subset of the ERP data during
period batch jobs. The BI reports and analysis from those data
warehouses are not in real time, and only offer a window into that
subset of the enterprise data, denying CFOs and other business leaders
access to a full picture of their organization's performance.
According to Alexander Drobik and Nigel Rayner from Gartner (News - Alert) "Most
organizations use corporate performance management (CPM) applications
and business intelligence (BI) platforms to extract, aggregate and
manipulate data from ERP. This creates challenges for IT, and also
undermines the benefits of the common ERP information model, because
data has to be extracted and held in data marts and/or warehouses."
Source (News - Alert): Gartner, Inc. 2015 Strategic Road Map for Postmodrn ERP,
Alexander Drobik, Nigel Rayner, 25 February 2015
By contrast, the Hubble Performance Management Platform ties directly
into Oracle ERPs, and offers finance departments a fast, complete,
real-time picture into the enterprise performance. No delays, no
subsets, just actionable insight.
"As a company that prides itself on high performance, we knew we
couldn't come out on top using spreadsheets. Hubble really knocks it out
- their approach to performance management is transformational" said
Danny Bazan Director of Financial Planning and Analysis with Zuffa, LLC.
For reporting, the Hubble platform offers end users the ability to
easily create and run their own reports or do ad-hoc inquiries on the
fly. For analytics, business stakeholders can see real-time metrics,
scorecards and gorgeous dashboards or set proactive alerts. With
planning, CFOs can budget, plan and forecast using current business
drivers - and upload the result directly into the ERP to effectively
manage performance to plan. The Hubble platform solves the spreadsheet
data management challenge. Excel is leveraged for financial models and
calculations while Hubble automates workflow and optimizes data
management using security policies determined by the ERP.
Angus Robertson, Vice President Product Marketing at
insightsoftware.com, said, "With traditional Business Intelligence,
you're disconnected from your data source, you're not operating in
real-time and you don't have access to all the data. CFOs are forced to
make compromises, which slows down the business, because there's no
confidence in the data. Nobody truly knows what the right number is.
Well, until now: We solve that problem."
Across the spectrum of companies using ERP and BI, finance professionals
spend 64% of their time doing data management and only 36% of their time
doing analysis, said Robertson. "It's important that they spend the
majority of their time doing analysis, because by analyzing the data
they provide insights into the business to help grow the business or
Actian technology helps power the Hubble Performance Management Platform
- "As industry leaders for big data solutions we continue to be amazed
at how innovative companies apply big data to solve real business
problems. Hubble and Actian products create a compelling big data
offering that delivers timely insights" says Christy Maver, Director
Product Marketing at Actian.
We believe the Hubble Performance Management Platform fits into the Nexus
of Forces vision expressed by research firm Gartner Inc.. The Nexus
of Forces - the convergence of mobile, social, cloud and information -
has become the platform for digital business, and the Hubble platform
fills a gap left behind by ERP and BI solutions.
Robertson said, "Performance is in everything that we do, that's why we
can process more than one billion transactions in less than ten seconds.
Because Hubble was designed with mobile and social first, business users
can access the information they need when they need it with the relevant
The Hubble Performance Management Platform is now generally available.
For more information, see http://www.gohubble.com
Hubble® is an integrated suite of performance management apps from
insightsoftware.com. It offers reporting, analytics and planning in a
single real-time solution that fully understands your ERP. Hubble
integrates your critical business systems so users at all levels have
access to live data-extraordinarily fast. With this type of visibility,
everyone can easily understand, manage and predict the business.
Hubble is a brand name of the insightsoftware.com Group.
insightsoftware.com is a registered trademark of insightsoftware.com
Limited. Hubble is a registered trademark of insightsoftware.com
International Unlimited. Other product and company names mentioned
herein may be the trademarks of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150616006132/en/
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