Pleasanton, CA December 2, 2002 Enterprise software provider PeopleSoft today rolled out the latest version of its business intelligence and analytics solution, offering prepackaged analytic content, a portal interface and Web services capabilities.
PeopleSoft said that the new features in Enterprise Warehouse 8.8 could reduce the cost and time of deploying, managing and delivering enterprise analytics. The solution is intended to give companies access to a consistent view of enterprise data and predefined business metrics to make more effective and timely business decisions.
Henry Morris, group vice president for application and information access at technology consultancy IDC, said a packaged data warehouse such as the PeopleSoft solution provides value by predefining processes and content, thereby reducing the time to get consistent reporting and analysis. "It also provides a framework for deploying analytic applications that can positively impact an organization's bottom line," Morris added.
The new Enterprise Warehouse 8.8 can be used with PeopleSoft's Enterprise Portal and uses integration technology and Web services to deliver analytics for various other business applications.
Enterprise Warehouse consists of an operational data store for offline reporting, a data warehouse for hosting analytical applications and predefined data marts for multi-dimensional analysis. The solution also includes more than 1,200 predefined business metrics that are delivered in portals, applications or OLAP tools.
PeopleSoft customer Danske Bank is using the Enterprise Warehouse and Enterprise Performance Management solutions as an integrated part of the performance management carried out in the bank.
"PeopleSoft's Enterprise Warehouse automates the collection of data and facilitates 'one version of corporate truth,' enabling our business units to use their time analyzing and understanding the data in contrast to just gathering it," said Thomas Johansen, first vice president for information technology at the bank.
Enterprise Warehouse also includes an extract, transform and load (ETL) tool that companies can use to consolidate data from various business applications for real-time analysis.