Matthew Felzke
Cloud CPM vs Business Intelligence

Image taken from Shutterstock

This article discusses the differences between corporate performance management (CPM) and business intelligence (BI) solutions in the cloud technology era.

On this blog, we write a lot about corporate performance management (CPM) tools. And we talk a lot about business intelligence (BI) solutions. In fact, we seemingly use the terms interchangeably – and there’s some thought behind that. BI and CPM exist in the same realm of enterprise technology that makes sense of the health of the organization. They both pull data from a variety of sources to crunch numbers and analyze information, so that you can pinpoint strengths, weaknesses, opportunities, and threats. However, there are some differences, and while their output might not seem mutually exclusive, there is not much overlap. As we continue our ascent to the new normal of cloud technology platforms, it will be helpful for companies to understand the differences between the two, so the right solutions can be deployed to meet organizational goals. This article will highlight the distinctions between BI and CPM solutions, so you can continue to build your cloud technology roadmap with precision.

Continue reading

Matthew Felzke
The Future is Now: Cloud-Based CPM is Here to Stay

Image taken from Shutterstock

This article will discuss the established place for Cloud-Based CPM – the journey to embracing the newer platform and the value proposition that became a tipping point.

If you are as plugged into technology as even the next guy, you are definitely aware of “the cloud” – and that it is taking over as the new normal in terms of hosting files, applications, and networks. You might not know that much about what it all means, but you probably understand that hosting in the cloud means you’re not storing your pictures or your software or your connection to other devices on-premise. The iCloud might be the most pervasive example, with the popularity of Apple products, as it takes any files that you might have traditionally just stored on your cell phone (contacts, music, photos) and houses them in the cloud. Now, as cloud continues to build momentum, it has permeated the business technology space – and has finally established itself as a suitable platform, if not soon to be a leading platform option, for corporate performance management (CPM) and business intelligence (BI) solutions. This article will discuss the journey to this place of embracing the cloud as a platform for CPM and BI tools – and why companies are seeing the cloud as the future, right now.

Continue reading

Matthew Felzke
Corporate Performance Management to the Rescue in a Multi-cloud World

Image taken from AdobeStock

This article is the first in a series about how Corporate Performance Management (CPM)  applications can be a true solution for the reporting, analysis and budgeting challenges that businesses face with their data spread across multiple cloud and on-premise systems.

I recently wrote about multi-cloud deployments – defining the term, explaining how it works, and the motivation behind such a strategy. However, with more research and talking to those in the trenches of enterprise technology and system management, whether as a power user, an end user, and/or an IT professional, I increasingly realized that most organizations are already living in a truly multi-cloud world. Businesses today, generally speaking, are already harnessing the power of multiple cloud services and applications, as well as on-premise tools, to run their businesses. And this can be problematic in terms of bringing together all of your data sources for complete, actionable analyses for informed decision-making. This article will explore how the right Business Intelligence (BI) and/or Corporate Performance Management (CPM) system can be a complete solution to life in a multi-cloud world.

Continue reading

Matthew Felzke
Multi-cloud Deployments for BI and CPM Solutions

Image taken from AdobeStock

This article will discuss the trend of moving toward a multi-cloud deployment to support BI and CPM solutions, as well as other business processes.

In the world of business intelligence (BI) and corporate performance management (CPM), sometimes it feels like technology has been moving at a rapid pace, and other times, it might feel like everything has sped up all of a sudden. And both can be true. Technology innovation has arguably been picking up speed, building a momentum that can sometimes increase exponentially as certain breakthroughs lay the groundwork for the next scaffolding to go up – and so forth. Cloud computing is one of those breakthroughs that continues to add to their options in developments that seem to come both organically and rapidly. One of the relatively more recent business culture developments involves multi-cloud deployments. This article will zoom in on what multi-cloud deployments are and do, as well as what they can do for BI and CPM processes.

Continue reading