Skip to main content

Wish you all Very Very Happy New year

Hello, Wish you all and your Family Very Very Happy New Year 2010. May all your dreams come true and life filled with Happiness this year.

I am sure this year is going to be a wonderfully hectic on work front. Now sometimes yes hectic is not so wonderful, but most of the times I enjoy it. We all know that the analytics industry is all buzzing and getting matured after long learning curve. Till 2 years back, supply chain analytics or spend analysis was game of more nische players whereas big guns looking at it as "something that we dont have to do", "its not our thing" attitude. Big ERP players was more into application integrated with their systems and data management activities was always service delivery thing with speciality companies doing good like - Ariba, Zycus, Emptoris, Bravo to name few. Now 2008 and 2009 saw sudden changes in that landscape. As economy was fragile and people started looking at optimization as the solution, everybody including big ERP players got convinced that there is a money in "spend" and started taking it seriously. So SAP taking over business objects, acquiring analytics and actively marketing different enterprise performance management solutions, Oracle launching new spend classification solution, IBM acquiring exeros data profiler and consolidating the infosphere and MDM products suite and so on are all related to that phenomenon.

So whats going to be next? Already industry saw enough consolidation in last 2 years in the analytics and data management solutions space - so I dont think there are going to any major take over in coming times other than few minor tools and applications integrations with existing tool set like data profiling tools, adapters to integrate with multiple systems, automated classification tooset integrated with dashboards etc. 

I will continue on this next week..........

Prashant Mendki (pmendki@gmail.com)

Comments

Post a Comment

Popular posts from this blog

Bristlecone Webinar on Supplier Risk Management

Purchasing Magazine, Bristlecone and SAP getting together to bring you very good discussion on supplier risk management. Webinar will be held on June 24, 2 to 3 PM eastern Time, USA. Contributors are - Paul Teague from Purchasing magazine , Jason Buch from spendmatters , Naresh Hingorani from Bristlecone - Supply chain leader company and Padmini Ranganathan from SAP. As we always talk about spend visibility, data issues, strategic sourcing - these distinguised speakers will bring out more strategic views to the table on how all this can be achieved to analyze your business risks better, upfront. You can register for event by accessing this link and register See you there.
Post a Comment
Read more

Master Data Management – Product or Process ?

I have 2 SAP systems and I want to fix my material master, Services Master. I want all that data to be clean, standardized, classified, enriched and load it back to my SAP in next 6 months. What do you suggest ? Chris - one of my key client was explaining during a “solution understanding” call. My sales manager Tom, enthusiastically started talking about new version of the MDM platform by ERP company, tools, technologies, product landscape, licenses etc. After 30 minutes of sales pitch, I could see confusion on Chris’s face clearly. He said - but I don’t want to add any new product in my infrastructure for all this. Can you just implement MDM for me without I adding any new software ?   Both are using MDM implementation as a keyword, but in a completely different context. Chris wants to implement MDM as a process while Tom was trying to sell MDM as a new software. Whats the difference ? Lot I will say. MDM as a product – when you sell a   software license to a...
4 comments
Read more

This is the time look at your data, your Spend Data

Hello Everybody. I was missing the action on this blog since around 4 months now. Actually I was too busy with new data management engagement in my new role. As its a vacation season, its time to gather thoughts and share it..... Hope I will continue... As the title of this blog says "its a time to look at your data, spend data". YES, as everybody is hard pressed for cash in the difficult time like this - where to look for it? I have one answer - Look at your own transactions to see if you can save some there. Lets check what are you spending on, categorise your spend well.Check if you know where you can negotiate with your vendors and go for it. You will amaze to see how you have ignored this point in the past and how much you can save by doing this. My experience tells me that you can get benefit of atleast 5 to 7 % of savings by doing this activity. Wondering how - Keep reading .... Lets make it simple. You have repository of suppliers, and lots of transactions for those s...
3 comments
Read more