Mountain View, Calif.—July 23, 2012—Global cloud-based corporate performance management (CPM) solutions provider Adaptive Planning introduced Adaptive Discovery, its new data visualization solution. Featuring dashboards and scorecards, Adaptive Discovery provides a visually intuitive and highly interactive way for company managers to access, analyze and explore key financial and operational data. With Adaptive Discovery, company leaders and decision-makers can quickly and easily gain insights into the underlying trends in the business to make more intelligent decisions that drive greater success.
“In our research, we’re seeing a strong demand for solutions that allow business managers to visualize, analyze, and take action upon both financial and operational data,” said Craig Schiff, Chief Executive Officer, BPM Partners. “What’s more, the cloud, big data and mobile access are powerful technology trends today. With Adaptive Discovery, Adaptive Planning is leveraging the most innovative new technologies to address one of the biggest challenges—and greatest opportunities—in performance management.”
Finance and business managers today are faced with a proliferation of systems and data that can obscure the true picture of what is happening in the business. In this environment, business managers can no longer rely on traditional approaches to reporting and analysis. Running reports in siloed systems is limiting and compiling and reviewing large volumes of data in spreadsheets is too manual and time consuming.
“Dashboards, scorecards and visualization capabilities allow our customers to understand and explain the stories behind the numbers at a far deeper level,” said John Herr, Chief Executive Officer of Adaptive Planning. “And this new solution continues to build on our award-winning user experience, combining powerful features and sophisticated analytics with an intuitive user interface. Adaptive Discovery not only broadens and deepens the capabilities of our industry-leading cloud CPM suite, but also provides a platform for broader business intelligence by addressing the analytic needs of operational managers throughout a company.”
Managers need ways to easily aggregate data from multiple operational systems and apply intuitive visualization tools to more quickly and easily understand underlying trends in the data.
“In our business, it’s critical to be able to act quickly and intelligently, which is why we’re excited about Adaptive Discovery,” said Shyam Desigan, Chief Financial Officer, Senior Vice President of IT, American Academy of Physician Assistants, an Adaptive Planning customer. “By giving our managers and their staff new data visualization capabilities that allow them to explore and understand their data in new ways, they should be able to make better and faster decisions. What’s more, we really appreciate Adaptive Planning’s cloud computing model—they continue to introduce great new capabilities and features with each release, and we can get immediate access without involving our IT organization.”
Adaptive Discovery allows companies of all sizes to quickly and easily understand and take action upon their companywide data. Business users can easily compile, display and explore data from multiple systems and lines of business with highly visual, interactive dashboards and scorecards. The application presents data in ways that managers can easily grasp, so they are able to make better day-to-day decisions. Adaptive Discovery delivers an exciting new level of capability and interactivity that is far superior to both static data in spreadsheets and the limited reporting options available in existing enterprise applications. Key features include:
- Highly visual graphics that enable quick insights
- Interactive drill down, featuring a hierarchical drill tree that shows the original information and subsequent drill path
- Automated alerts, based on variances from ranges or statistical algorithms
- Sophisticated analytics, including linear or polynomial trend lines, moving averages, histograms, correlation charts and waterfall analyses
- Anywhere, anytime mobile device support