Wednesday, March 02, 2005

BI tools gain higher rank in enterprises

Meanwhile, vendors are moving to meet user demands for new BI tools that can link disparate sources of performance data. Hyperion Solutions Corp. this week will unveil its Compliance Management Dashboard, which marries internal control data with financial data to help companies track compliance with the Sarbanes-Oxley Act. The new dashboard will accompany the unveiling of a new version of Hyperion's performance management offering.

Earlier this month, Actuate Corp. rolled out the Actuate Financial Performance Management Suite.

Spectra-Physics Inc., a Mountain View, Calif.-based manufacturer of laser systems, has been using an earlier version of Hyperion's performance suite to integrate inventory data from multiple systems into dashboards.

"The [dashboard] application provides summary and detail-level visibility to inventory worldwide," said Mark Rowell, Spectra's IT director.

BI tools gain higher rank in enterprises

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