Business Intelligence will go through fundamental transformations in the coming years. And a new era for BI will start. That is what we are calling BI 2.0.

BI 1.0 has provided fundamental benefits to corporations, enabling them to have a much better handle on their business and its performance. But the Business Intelligence industry is far from being mature. It has multitude of avenues to develop, and it will provide opportunities for its adopters in a much larger scale in the future.

In this session we will talk through what we see as the 5 fundamental revolutions that will be taking place in Business Intelligence over the coming years and highlight some examples of how this is already starting to emerge.

High performing organizations understanding that Enterprise Performance Management drives corporate strategy. By ensuring people at all levels in an organisation are clear on how their day to day activities contribute to company performance and success any chance of a miscommunication between the execs and front line managers is removed. High performance Organisations has a united view of the business with a lower TCO for the privilege. Business users are able to focus on the actions they take having a trust in the information they are provided. All employees that need access to information to make business decisions are empowered to do so with BI becoming a seamless part of the work environment.

Performance Management is fast becoming the number one subject for all business leaders who wish to improve the results and increase the value of their businesses. Companies can no longer afford to address current compliance requirements and future planning scenarios with disparate system solutions. They are turning increasingly to closed-loop performance management systems to build an accurate picture of past performance and drive swift, confident planning and execution for the future.

Business performance management (BPM) software reduces the time-sink of routine tasks, and empowers valuable resources to dedicate themselves to higher-value planning and strategy work; building competitive value throughout the company.

Sheikh Manzoor Ghani, Director of Financial Intelligence and Performance Management Solutions at SAS Malaysia will discuss the various aspects of a performance management solution and highlight best practices in selecting a Performance Management solution.

You will get to see the solution firsthand and understand how some companies are leveraging SAS Performance Management Solution to meet its performance management requirements.

You will also learn:-

• The critical need for accurate strategic planning and forecasting capabilities
• How to implement an Enterprise Planning and Budgeting system without having to remove Microsoft Excel
• Why performance management software is essential to ensuring compliance and transparency
• How recent advances in predictive analytics technology enable decision-makers to proactively plan, forecast, and analyze business performance

The role of the CFO has undergone significant and dramatic change in the last decade. Businesses have had to grapple with a range of developments in the economic and regulatory environments since the late 1990s, driving the need to:

• Embrace a plethora of corporate governance & compliance regulations
• Seek out greater business efficiency gains
• Respond to strong pressure to perform and deliver greater strategic value to business
• Improve visibility of business performance
• Regardless of systems or structure, take ownership for one auditable version of the truth regarding the business and its fiscal position

Organizations today put a lot of focus in gaining better insights into performance to stay ahead of competition. There are increasing boardroom meetings on defining indicators and setting measurements of performances. Improving budgets accuracy and aligning business with corporate goals thus takes center stage. How can the time and processes spent on planning, budgeting and forecasting be more realistic in the face of ever changing competitive conditions?

Financial Controllers all over the world are facing significant pressures to provide timely financial information and advice requiring more complex and comprehensive views of the business. At the same time, finance cost are under greater scrutiny and the burden on regulatory compliance increasing. Teradata provides a Financial Management Solution that addresses these challenges bringing significant savings and revenue to its clients.

The Teradata FM solution is an enterprise information delivery and analysis environment, integrating financial data from multiple operational systems, transforms the data in to information, and then delivers that information to the enterprise users who need it, when they need it. An overview of the various components of the FM solution is covered together with a quick assessment on whether an FM solution would be of value to your company.