The Virtual Organization and Information Technology (Part 5/5) The Cutting Edge - Eric Torkia Mar 06 2011 17 0 Collaboration EPM Management Strategy Organizations seeking to develop a virtual business model must also be in a position to effectively implement it on a business level and on a technological level. (Venkatraman, 1994; Venkatraman & Henderson, 1993,1998). One of today’s hottest IT topics is how to cheaply and effectively inter-connect processes. Collaboration emerged out of the relative cheapness and ubiquity of Internet technologies. Champy (2002) states ”E-business is a natural reaction to today’s competitive environment”[i]. But e-business means a lot of things to a lot of people. In current literature, e-business has taken on several definitions over time i.e.: · Strategic approach · A set of enabling technologies (Porter, 2001), Since technology is a critical success factor to any virtual organizing strategy, the analysis of e-business is interesting due to its business focus and its ability to flexibly and rapidly support changing business needs and requirements. In essence, e-business is a composite of the above-mentioned perspectives and whose definition can be used inter-changeably with virtual organizing because of its open technologies and collaborative strategies. Read more ...
Oracle Crystal Ball’s new features in 11.1.2 The Cutting Edge - Eric Torkia Jun 10 2010 5 0 Crystal Ball EPM Oracle Crystal Ball has finally released its latest version of its industry leading Monte-Carlo tool. Essentially 3 features were added to the Fusion Edition. Read more ...
Collaborative modeling using predictive analytics The Cutting Edge - Eric Torkia Jun 04 2010 10 0 analytics Collaboration Crystal Ball EPM Risk Analysis When building models we are often confronted with assumptions that evolve over time. In most cases it is important to capture these changes to keep our model relevant. Over the last decade, Business Intelligence solutions have created a culture of self-service IS information. Given this democratization and decentralized access to data has created many opportunities and pitfalls for business analysts and decision-makers. We are going to outline some opportunities and pitfalls relating to shared modeling and a few strategies to get started. This post presents the opportunities and challenges stemming from moving towards a distributed modeling paradigm in the organization. Also presented is a high-level integrated predictive/collaborative planning process. Read more ...
Building a Risk Analysis Toolset The Cutting Edge - Eric Torkia May 29 2010 1 0 EPM Excel Risk Analysis A brief review of Oracle and Microsoft database/application integration with Excel and Crystal Ball for comprehensive modeling Read more ...