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3 Keys to Making Better Business Decisions

Date post: 21-Oct-2014
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Paul Turner, Sr. Director of Product Marketing for Adaptive Planning, details three keys to help executives make better business decisions: Visual Analytics, Self-Service CPM, and Simple BI Solutions that empower business users with easy access to the information they need. Business leaders with the simplest, most intuitive access to financial and operational KPIs are the ones that will be able to make the quickest, most informed business decisions.
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Not For Distribution Private and Confidential to Adaptive Planning and Client 1 The Global Leader in Cloud CPM & BI 3 Key Ways To Help You Make Better Business Decisions September 26, 2013
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Page 1: 3 Keys to Making Better Business Decisions

Not For Distribution – Private and Confidential to Adaptive Planning and Client 1

The Global Leader in Cloud CPM & BI

3 Key Ways To Help You Make Better Business Decisions

September 26, 2013

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Today’s Speaker

Paul Turner Sr. Director of Product Marketing

Adaptive Planning

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Why Better Decisions

3 Keys to Better Business Decisions

Product Demonstration

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Why Better Decisions

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Leaders Want Business Analytics

# PRIORITY Survey CFO and CIO Priorities, 2013

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It’s About Better Decision Making

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It’s About Better Decision Making

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What’s On The List

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Where it Happens Today

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The 3 Keys to Better Business Decisions

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#1: Make it Visual

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The Drivers for Visualization

Source: TDWI

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Visualization Tools Impact Decisions

Picture This: Self-Service BI Through Data Discovery and Visualization Aberdeen Group

Managers with visual data discovery tools are 10% more likely to be able to access the information they need in the

time required to impact decision-making.

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Complete Flexibility to Monitor, Measure and Collaborate

• Complete set of visualizations

• Scorecards

• Gauges

• Scatter

• Radar

• Histograms

• Trends

• Zones

• Email alerts

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#2: Empower

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Self-Service = Empowerment

Self-service business intelligence consists of the facilities within the BI environment that enable BI users to become

more self-reliant and less dependent on the IT organization*

Self-service BI ≠ BI self sufficiency

16

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Understanding Your Users

BI/DWfeature

Taskworkers

Executives &managers

Power users & business

analysts

Data scientists

IT BI/DWbuilders

Data mining &analytic modeling

ConsumeProduce

ConsumeProduce

Customizablemodels/functions

ConsumeProduce

ConsumeProduce

Advancedvisualization

ProduceConsume

ProduceConsume

Produce

Mobile BI Consume Consume Produce Produce

Enterprisedata warehouse

Consume Consume Produce

Data mart/cubeData sandbox

ProduceConsume

ProduceConsume

Produce

Investigativedata store

ProduceConsume

Produce

Virtualdata views

Consume Consume Produce

Information Consumers Information Producers

Source: TDWI

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No More Static Dashboards

Time intelligence

Drill down on any metric by relevant dimensions

• Locations

• Products

• Channels

• Geographies

• And more

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Instantaneous Modeling

What-if analysis on the fly

Rolls up for full impact analysis at summary level

Ideal for quick and easy modeling in Finance or operations

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Empower, But Drive Performance

• High performance cloud data store

• In-memory query-time aggregation

• Instantaneous query response

• SQL, Flat File, Web Services, Salesforce, NetSuite, Adaptive, and more

• Scheduled or on demand

In-memory cache,

relational persistence

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#3: Simplify

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Make BI Tools Easy to Use

Improves the productivity of BI/DW builders and information producers

Enables self-service BI by allowing motivated information consumers to become information producers

Self-Service BI Requirements:

– Make it easy to report on and analyze data

– Support more sophisticated analyses

– Make results easy to publish in the required format

Source: TDWI

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Ease of Use for Personalization

• Drag and drop metrics to personalize dashboards - no IT required

• Easily organize metrics

• Choose visualizations on the fly

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Eliminates traditional need for multiple tools for analysis and reporting

New, flexible formatted reporting output that combines:

• Charts

• Text

• Grids

• Formatted headers

One Place for Everything. Analytics + Reporting. Unified.

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#4 (Bonus Round): Analytics On the Go

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Free Mobile App on Apple App Store

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Democratizing Better Decision Making Four Key Objectives

Make it easy

to access

data

Make solutions

fast to deploy & easy

to manage

Make BI tools

easy to use

Make BI results

easy to consume

& enhance DIY BI

Source: TDWI

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Revolutionizing Business Management with a Complete, Integrated CPM & BI Product Suite

ADAPTIVE PLATFORM MODELING | COLLABORATION | ANALYTICS

INTUITIVE User Experience

Visualization

Dashboards

KPIs

Self-Service

Alerts

Financial and Operational

ADAPTIVE DISCOVERY

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Demonstration

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$170BN+ in Assets 450+ Employees 9 Subsidiaries

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Reporting was based in Excel

Different sources of information

– Number of employees, assets, funds service, account

– Lots of copying and pasting

Took time to get in the hands of users

Time to roll up and make sure it's correct

Challenges Faced

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Time to Display Reduced from 10+ days after month-end to 3 days after month-end

Elimination of Excel-based Reports Replaced Excel reports that took days to produce

Mobile Access Easily access dashboards from mobile devices

Time to Action Early KPI visibility allows for agile planning for higher cost initiatives

Self-Service Finance can design & deliver on all dashboard needs

Results

!

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The Big Deal

Better visibility triggered an initiative to renegotiate broker fee structure

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NorthStar Financial Services manages over $170BN in assets,

across 9 subsidiaries. With Adaptive Discovery, we’ve already reduced

our time to see key metrics by over 70%, and more timely insightful

data visualization is enabling us to drive more agile planning.

70% Reduction in Time to Insight

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$3BN+ Fleet 2500 Employees 25+ Locations

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Static reports and spreadsheets wouldn’t cut it anymore

– Analytics had to be available across every location

– In the hands of workers in offices to mining locations

Needed near instantaneous queries across vast amounts of business data

Challenges Faced

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Elasticity Analytics across 25+ locations – Offices and mining locations

Mobility Instantaneous analytics via iPhone

Speed Near speed of thought query times across millions of rows

Reduction in IT resources No more need for IT to care and feed analytics

Results

An executive can pull their phone out in a client

meeting and give real-time answers to

questions. Its capacity to conduct millions of calculations, obtain

trends and display the information as KPIs that

are contextual and timely is a powerful advantage.

” - Ben Willey, Thiess

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The Big Deal

Identified trucking performance issue, paid for itself first week

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Visit our website

– More information about Adaptive Discovery

http://www.adaptiveplanning.com/products/visual-analytics/

– Free trial: http://www.adaptiveplanning.com/enterprise_trial/

Contact us directly

– Paul Turner, Sr. Director of Product Marketing

[email protected]

– Linda Hull, Sr. Solution Specialist

[email protected]

Additional information

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Q&A


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