Oracle Turns Financial Analytics on SAP

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Oracle wants to get a lot closer to SAP.

As part of an ongoing emphasis on cross-application analytics, Oracle today released Oracle Financial Analytics for SAP.

According to Paul Rodwick, Oracle vice president of Product Management, Oracle is taking a heterogeneous approach to business intelligence applications that will ultimately encompass every major data source in the enterprise, including SAP.

That approach stands in sharp contrast with other enterprise application vendors that pretty much limit the scope of the business intelligence application portfolio to their own wares, he said.


In the wake of the economic downturn, there has been a sharp rise in interest in business analytics as companies look to put systems in place that will help them identify business trends more clearly. Basically, more business executives are looking for data to drive decisions based on available facts, versus relying on intuition.

Given this interest, it's not much of a surprise to see Oracle, IBM, SAP and a host of other companies all touting the virtues of analytics in 2011, which in turn creates a major opportunity for IT organizations to add value to the business.

The challenge facing IT managers is going to be the need to balance the interests of end users against the organization as a whole. At the moment, there is a fair amount of tension between business users who tend to want to select their own BI applications and the IT organization charged with acquiring suites of enterprise application software.

As time goes on, it's more than likely that most organizations will find themselves supporting multiple BI applications, which in turn should give rise to a call for a more federated approach to BI that will make it easier to share data across different classes of BI tools and applications.