Oracle Ups EPM Ante

After a 2 year wait, Oracle is rolling out some fruits of its daunting integration efforts in enterprise performance applications. New suite bundles, an Essbase connector and Hyperion uplift are highlights of its Enterprise Performance Management (EPM) 11.1.2 release. The numbering scheme, evidently constrained by the overall Oracle level 11 nomenclature, drove the understated “11.1.2” moniker, but make no mistake, this is a major thrust – delivered in 15 languages and with a new focus on role-based thinking. The task-specific and vertical themes that dominate developments in enterprise applications were on display here as Oracle delivered Financial Close Management, Disclosure Management, and Public Sector Planning and Budgeting applications atop the Fusion Middleware platform that is the basis for further product portfolio integration in the quarters ahead. The architectural value of the Business Intelligence Foundation here cannot be overstated; Oracle is delivering on a well-thought-out model that facilitates a steady growth in product opportunities that will drive incremental revenues. Read more of this post

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