Oracle has announced two new analytic applications at Oracle OpenWorld Tokyo.
The new applications, which are both based on Oracle's Business Intelligence Foundation Suite, are designed for the manufacturing sector, and for enterprise asset management (EAM), and are the first in-memory analytic applications for that sector.
Oracle Manufacturing Analytics is intended to help operations managers, manufacturing analysts, manufacturing and supply chain executives and production cost accountants to have a better view into manufacturing processes, inventory and product quality, to enable them to reduce production costs, improve product quality, minimize inventory levels and respond faster to customer demands.
Oracle Enterprise Asset Management Analytics has been designed to give more effective management and analysis of assets, in areas such as projecting expected asset life, planning strategies to reduce maintenance costs and increase uptime
, and realize operational efficiencies. The application is pre-integrated with Oracle E-Business Suite Enterprise Asset Management (EAM) module, as well as IBM Maximo.
, and realize operational efficiencies. The application is pre-integrated with Oracle E-Business Suite Enterprise Asset Management (EAM) module, as well as IBM Maximo.
Both new applications are certified to run on Oracle Exalytics In-Memory Machine, and also have native support for mobile devices including the iPad and iPhone.
The applications also conform to Oracle's BI Applications enterprise data model, which enables cross-functional analysis across back-office and front-office business functions, for better cross-enterprise analysis. BI applications are also compatible with data from multiple ERP and CRM applications and vendors.
"For manufacturing and asset-intensive industries, maintaining the health of critical assets and optimizing production and inventory is the difference between bottom line business growth and failure," said Gaurav Rewari, vice president of EPM and BI product development, Oracle. "By extending Oracle BI Applications with Oracle Manufacturing Analytics and Oracle Enterprise Asset Management Analytics, we are enabling customers to get intelligence into the hands of key-decision makers at the speed of business, wherever the job may take them."
This is interesting. I do find this idea very fresh and useful too.
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