Key Questions to Address When Replacing Your Legacy Planning and Reporting

KEY QUESTIONS TO ADDRESS WHEN REPLACING YOUR LEGACY PLANNING AND REPORTING

Reinvent your Business Analytics Management Summary

Organizations that simplify and optimize planning, unique features 20 years ago, but have been overtaken forecasting and reporting free up valuable resources, so by newer and more modern platforms that combine they can focus on growth. However, many organizations planning with visualizations and analytics. feel stuck with slow platforms that are not user-friendly, expensive to maintain, and difficult to upgrade. This whitepaper reviews key issues faced by business users and developers of legacy calculation engines Often users were forced to select a tool like SAP and planning systems, and compares how the modern Business Planning and Consolidation (BPC), or Oracle Jedox platform can address these challenges to provide because it came with their ERP, rather than by selecting greater user satisfaction, less IT burden, and a rapid the most suitable tool from the market. Other tools like Return on Investment. Hyperion Essbase and Hyperion Planning had some

Table of Contents

Management Summary ...... 2

1. Introduction...... 3

2. Business problem #1: Too much work ...... 3

3. Business problem #2: Unifying expectations ...... 4

4. How Jedox helps ...... 5

5. Return on investment ...... 6

6. Why Jedox? ...... 7

7. Unified planning, analysis, and reporting...... 8

Reinvent your Business Analytics 2 1. Introduction

Slow installation and configuration, time-consuming Tableau and Hyperion Essbase are examples from both patches and upgrades, performance issues, and end of this spectrum.The next goal is to unify the two heavy costs. These themes are now synonymous with extremes into a single solution that combines superior outdated multidimensional database management visual analytics with a powerful engine for modelling tools. But enterprises are at a loss when it comes complex planning and forecasting. This is where Jedox replacing their legacy systems. provides unique capability. Jedox comes with advanced planning, “Record to Report” (R2R) capabilities, visual At the same time, the Business Intelligence (BI) field is analytics, and powerful data integration capabilities. rapidly transforming. We are now seeing a spectrum, with “data visualization” tools at one end, and “core” Because Jedox is unified, it is easier to become an CPM (Corporate Performance Management) tools for expert. This makes Jedox fast to implement, and flexible planning, budgeting and consolidation at the other end. in solving many organizational challenges.

2. Business problem #1: Too much work

Over the last two decades, tools like Oracle’s Hyperion With the value of the original software Capex purchase Suite have been widely used by finance managers. long written-down, combined with high operational This is because it provides a multidimensional view of expenditure from maintenance and running costs, now business data to help analysts build Excel models and is a perfect time to understand your alternatives. When analyze them from various viewpoints. it is difficult to move on to a new version, it can be easier and smarter to replace than upgrade. However, software like Essbase lacks the easy and flexible reporting functionality needed by most finance departments, and carry a heavy IT and admin load.

These are typical challenges:

⊲⊲ Expensive implementation and maintenance costs ⊲⊲ Reporting dashboards for financial reporting often not user-friendly ⊲⊲ A large in-house IT team to maintain changes ⊲⊲ Inadequate integration with legacy systems ⊲⊲ Time-consuming software updates and patching ⊲⊲ Slow support response from mega-vendor ⊲⊲ Slow aggregation time for simple changes − relationship management teams unsuitable for real-time reporting

Reinvent your Business Analytics 3 3. Business problem #2: Unifying expectations

A major barrier to true organizational performance is The challenge is how to meet these new expectations, when disparate tools are used for reporting, analysis while assuring that current business processes like and planning. Instead of intuitively reviewing and budgeting and planning running in legacy tools, can be understanding the past and using this to inform the easily redefi ned in the replacement solution. future, business users across all departments must go to diff erent systems to perform diff erent functions. This is slow, manual, and tedious.

The rise of self-service BI means that business users have higher expectations from corporate solutions. They expect a modern user experience, available on any device. They expect compelling visualizations and interactivity with social collaboration functions built-in. And they expect rapid sustainable results – whether deploying on-cloud or on-premise.

Figure 1: Unifi ed BI and CPM with Jedox Jedox empowers you with powerful planning, eff ective analytics and beautiful reporting, on every device

Reinvent your Business Analytics 4 4. How Jedox helps

Five ways Jedox helps you overcome issues faced by business and IT:

1) Unifi ed: 4) User interfaces: A major concern for development teams Many BI & CPM systems only provide a is the integration and using diff erent single user interface. This is often rigid packages for ETL (Extraction, Transform, and hard to learn. To use web or mobile, Load), Reporting, Planning and Analysis. you need to build these interfaces on Typically, these activities have diff erent user interfaces, top. Jedox gives you the same foundation as Essbase which makes them hard to use simultaneously and you with the Jedox Excel add-in. You can use all your Excel need diff erent experts to maintain each package. Jedox reports and import them into Jedox with one click unifi es these functions so you can manage server without recreating from scratch. From here, you can connections, user security, data integration, batch jobs, use the Jedox Offi ce add-in to embed dynamic graphs OLAP cubes, reports and dashboards with less time and tables in Word and PowerPoint. Critically, you can and less resources. seamlessly use Jedox from web and mobile – on any device. Jedox web is highly fl exible so you can embed 2) Real-time: it into other corporate tools like Salesforce and SAP With outdated analytics tools, you must Business Portal. By providing a consistent and secure design and run aggregation scripts to interface you can use on any device, you can support see your results at the consolidated level. diff erent user groups and requirements with the same This is highly time-consuming. Jedox’s platform. high-performance analytical engine runs calculations in real-time so you don’t worry about which calculation 5) Ownership: scripts need to be written or managed. There are no Monolithic systems are very rigid and aggregation scripts – Jedox just works. cannot be modifi ed by business users. They are expensive to implement, and 3) Easy to maintain: create ongoing IT burden and heavy If you want to update the data dimension consulting support. Jedox follows a “self-service” in a tool like Essbase, you must add this approach that returns simplicity and speed to your information to each cube. If it’s a dense business users. Jedox empowers users from marketing, dimension, this forces a time-consuming sales, procurement and fi nance secure access to data cube restructure. With Jedox, any dimension update through an intuitive and consistent user experience. instantly applies to all cubes using that dimension. You can adjust, rename and add to dimensions, elements, attributes, cubes without constraints.

Reinvent your Business Analytics 5 5. Return on Investment

Jedox is founded on one vison: to provide unified, smart Jedox is easy to use on-premise and on private and and scalable planning and BI that’s cost-effective, so public cloud. Jedox has industry-leading lowest Total organizations can maximize business value. The high- Cost of Ownership. The scalable Jedox license model compression in-memory database with the advanced means the investment to replace your legacy tools are GPU accelerator makes it highly scalable for highly less than what enterprises pay for software maintenance demanding big data for planning scenarios, while the on their mega-vendor system. unified architecture means mid-sized organizations with lean IT minimize their maintenance and support.

Fastest Lowest Lowest Lowest implemen- effort to run license TCO tations and = fees + + (little effort) administrate

Average total cost of license fees (US$´000) Projects implemented in less than 3 months

Jedox $33 Jedox 49,2% Tableau $46 Infor 43,8% BOARD $111 Tableau 42,6% Infor $121 BOARD 39,3% Microsoft SSAS $163 QlikTech 27,8% Oracle OBIEE $311 Microsoft SSAS 27,7% Oracle Essbase $740 IBM Cognos TM1 26,7% QlikTech $890 Oracle OBIEE 24,7% SAP BW $977 SAP BO Webl 22,5% SAP BO Webl $1.149 SAP BW 21,2% IBM Cognos BI $1.197 Oracle Essbase 20,9% IBM Cognos TM1 $1.481 IBM Cognos BI 20,9& MicroStrategy $1.848 MicroStrategy 15,3%

Application administered by 2 or less people Source: BARC BI Survey 12 Jedox 69,4% BOARD 50,0% Tableau 45,5% Infor 44,9% Figure 2: Deliver more value for less SAP BW 38,7% Jedox enables you to deliver higher business value Microsoft SSAS 36,1% with the shortest time-to-value and ongoing Return on Oracle OBIEE 35,5% Investment. SAP BO Webl 30,6% IBM Cognos TM 1 29,3% Qlik Tech 29,0% IBM Cognos BI 28,9% Oracle Essbase 26,5& MicroStrategy 24,2%

Reinvent your Business Analytics 6 6. Why Jedox?

Invest with Lowest Total Cost a global-leader: of Ownership:

More than 1,700 companies in over 127 countries With a fl exible licensing model, fast rely on Jedox for their planning, analysis and implementation, and low internal maintenance reporting processes. Mercedes-Benz, Fiat, costs, independent global BI surveys confi rm Bacardi, and BP trust Jedox. Invest in a solution that Jedox provides the lowest total cost of that delivers repeated payback. We work with ownership. Jedox delivers ongoing payback 180 partners that leverage the scalable and and frees up IT resources. With the Jedox Cloud proven Jedox software platform to deliver you can start today with no upfront platform, tailored solutions for your region, your function, hardware, or license costs. and your industry.

High speed analytics, BI & CPM - a unifi ed 360° mobility, and cloud view of your business:

With the world’s top analysts naming Jedox the Jedox empowers you to analyze historical data industry-leading innovator, Jedox provides the for meaningful insight, and to plan and forecast most advanced functionality, from extraordinary intelligently. Jedox unleashes your capabilities interactive dashboards on any device, unique in one solution, unifying Business Intelligence GPU big-data acceleration technology, to the and Corporate Performance Management (BI & Cloud. Jedox is enabling new styles of predictive CPM). Jedox evolves with your business and you analytics and collaboration. can consistently drive progress through Jedox.

Discover fi rst-hand how Jedox empowers business users while being compatible with organizational IT goals, test drive Jedox for yourself here:

Free Software Trial

Reinvent your Business Analytics 7 7. Unified planning, analysis, and reporting

Jedox empowers you to analyze historical data for meaningful insight, and to plan and forecast intelligently. Jedox unleashes your capabilities in one solution, unifying Business Intelligence and Performance Management (BI & PM). Jedox’s easy to use functionality gives you insight across industry, department, and organization size:

ll Data discovery & fluid visualization

ll Beautiful operational reporting & dashboards

ll Consolidations, KPIs & Financial Performance Management

ll Data entry & write-back with real-time scenario planning

ll Enterprise budgeting, forecasting & workflow

ll Multidimensional predictive analytics

Jedox transforms the world’s most used reporting and planning tool into the most useful. You can still use your Excel expertise, while Jedox manages your data, your business rules, and secures your data. Traditional BI was never adopted by more than 30% of the enterprise: slow, expensive and hard to use. Today, democratizing data means pervasive BI – you may not even know you are using analytics because it works inside the tools you already know. That’s Business-Driven Intelligence. That’s Jedox.

Figure 3: Jedox at a glance Transparent. Smarter. Faster. Seamless. Transform your business with unified planning and analytics anywhere.

Reinvent your Business Analytics 8 Jedox’s unifi ed planning, analysis and reporting empowers decision-makers from fi nance, 127 sales, purchasing and marketing. Jedox helps  business users work smarter, streamline Countries business collaboration, and make insight-based decisions with confi dence. Our design approach is transforming how organizations plan. Already, over 1,700 companies in 127 countries are using Jedox for real-time planning on the web, the 180 cloud, and on any device.

Partners Jedox is a leading Business Intelligence and Corporate Performance Management solutions provider, available globally through over 180 certifi ed business partners. Jedox provides software, support and ongoing training, with implementation and maintenance expertise for customers worldwide.

Learn more about Business-Driven Intelligence at: www.jedox.com

ABOUT JEDOX

EDITOR: Americas: +1 617 532 0388 Dr. Rolf Gegenmantel APAC: +61 1300 406 334 President Jedox Inc. Germany: +49 (0) 761 15147 0 France: +33 1 42 68 52 20 CONTRIBUTORS: Rohan Kapil E-Mail: [email protected] Senior Consultant Jedox Inc. Website: www.jedox.com Blog: www.jedox.com/en/blog/ DESIGN: Twitter: @JedoxAG Sven Aker Graphics design Jedox AG

Reinvent your Business Analytics 9