INDIANAPOLIS–(BUSINESS WIRE)–

Interactive Intelligence Group Inc. (Nasdaq: ININ – News), a global provider of
unified IP business communications solutions, has announced its keynote
speakers for Interactions
2012.

This Interactive Intelligence-hosted conference, which is expected to
draw more than 1,000 attendees, is the company’s combined global
conference for customers, partners, prospects, analysts, consultants and
media.

Interactions 2012, held June 4 – 7 in the company’s headquarters
city of Indianapolis, Indiana, USA, will feature the following keynote
speakers:

• Clayton Christensen, author of several books, including The
  Innovator’s Dilemma; professor, Harvard Business School; ranked the
  #1 “Most Influential Management Guru of 2011”
• Dr. Donald E. Brown, founder and CEO, Interactive Intelligence
• Drew Kraus, research vice president, Gartner Inc.
• Carl Harkleroad, president, Latitude Software
• John Bedard, nationally recognized authority on the Fair Debt
  Collection Practices Act and the Fair Credit Reporting Act (Latitude
  track)

Interactions
2012 will offer 15 business and technology tracks with more than
170 sessions. A best practices track will include customer-presented
sessions. Vertical tracks will be offered for accounts receivable
management, financial services, government, insurance, outsourcing and
utilities.

Additional featured educational sessions will be hosted by multiple
industry experts representing such firms as COMMfusion, Forrester
Research Inc., McGee-Smith Analytics, Enterprise Connect/No Jitter and
UCStrategies.

In addition to live entertainment and several evening social events, Interactions
2012 will also offer a drawing for a trip for two to anywhere in the
world.

Early bird registration for Interactions 2012, which is open to
Interactive Intelligence customers, partners, and other pre-approved
guests, is available through April 10.

For more information, visit www.inin.com/2012.

About Interactive Intelligence

Interactive Intelligence Group Inc. (Nasdaq: ININ – News) is a global provider
of contact center automation, unified communications, and business
process automation software and services. The company’s unified IP
business communications solutions, which can be deployed on-premise or
via the cloud, are ideal for industries such as financial services,
insurance, outsourcers, collections, and utilities. Interactive
Intelligence was founded in 1994 and has more than 4,500 customers
worldwide. The company is among Forbes Magazine’s 2011 Best Small
Companies in America and Software Magazine’s 2011 Top 500 Global
Software and Service Providers. It employs more than 1,000 people and is
headquartered in Indianapolis, Indiana. The company has offices
throughout North America, Latin America, Europe, Middle East, Africa and
Asia Pacific. Interactive Intelligence can be reached at +1 317.872.3000
or info@inin.com; on the Net: www.inin.com.

This release may contain certain forward-looking statements that involve
a number of risks and uncertainties. Factors that could cause actual
results to differ materially are described in the company’s SEC filings.

Interactive Intelligence is the owner of the marks INTERACTIVE
INTELLIGENCE, its associated LOGO and numerous other marks. All other
trademarks mentioned in this document are the property of their
respective owners.

ININ-G

Article source: http://finance.yahoo.com/news/interactive-intelligence-announces-keynote-speakers-175900153.html

PORTLAND, Ore., April 10, 2012 (GLOBE NEWSWIRE) — HCG Software, LLC, maker of comprehensive business intelligence (BI) solutions, today announced the release of HCG Prevision Version 7.0. With this latest release, Prevision 7.0 becomes the only BI application leveraging Big Data, data analytics, predictive modeling, and Microsoft‘s Excel all within a unified enterprise system.

Key new features include a lightning-fast in-memory data engine with intelligent query, an improved analysis user interface, and an intelligent caching layer for greater performance. Enhanced report distribution capabilities and complex parallel processing round out the significant feature set in this milestone release for the company.

“Our clients demand rapid, timely, and accurate access to large volumes of data,” said Scott Stanton, Chief Executive Officer of HCG Software. “With the new reporting, data analytics, predictive modeling performance enhancements, clients will be able to drive analysis across tens of millions of records spanning 10-20 years allowing the insight required to make progressive, intelligent decisions in real time.”

With the HCG Prevision Version 7.0 application, there is no such thing as too much data or waiting overnight for a summary consolidation.

One such example is demonstrated in healthcare. Hospitals using Prevision 7.0 can now run real-time analytics to understand total patient revenue down to the patient name, procedure, care provider, and outcome — all on a daily basis resulting in improved profitability and margins per diagnosis.

With Prevision 7.0, financial institutions can monitor individual accounts at the loan and deposit level down to the individual transaction on a daily, weekly, bimonthly, monthly, or yearly basis to monitor and track individual account profitability.

Manufacturers using Prevision 7.0 will be able to track inventory, stock turnover, lead and lag times, and shifts in product demand for hundreds of thousands of products at both the retail and catalog level.

According to Stanton, “Most importantly — all of the HCG Prevision 7.0 clients will get these results in a matter of seconds. Not hours, overnight, or days later — but in real time, right here, right now.”

The explosion in data variety and volume in the last three years has lead to an equivalent boom in simplistic or highly custom-programmed BI solutions. “We’ve seen an onslaught of products built around financial data utilizing simply an SQL interface and storage. This architecture immediately limits the opportunity for new insight” says Stanton. “Whether they be OLAP, cube, SaaS, or spreadsheet consolidation systems they are not suitable for real-time, mission-critical deployment.”

“What makes HCG Prevision Version 7.0 so unique is the flexible NoSQL data store fully integrated with Microsoft Excel,” states Chief Technology Strategist Erick Cloward. “By utilizing functional programming in an 100% .NET managed code environment, HCG is able link a client’s business rules and requirements with an unlimited amount of data — financial, operational, sales, payroll … really anything!” The result with Prevision Version 7.0 is an unmatched robust Big Data management solution coupled with the simplicity of enterprise data access, analytics, and distribution.

Stanton is upbeat about the future: “This initiative is a bold generational change for Prevision, placing it in a position to compete favorably with leading-edge architectures. The vision is very ambitious and customer adoption and feedback on the latest release of HCG Prevision Version 7.0 has proven that our innovative approach is allowing customers to realize benefits they never thought possible with tradition methods. This has opened entirely new markets that were previously constrained by architectural limitations.” But Stanton has a word of caution for those waiting on the sideline, “the Big Data of today will be known as just ‘data’ in five years.”

About HCG Software

Backed by a decade of pioneering RD, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. Comprised of a talented group of engineers, programmers, business leaders, and innovators, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a unified enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.

For more information please contact: David Turzillo, SVP Global Sales Marketing, at dturzillo@hcgsoftware.com or 503.847.9903

This information was brought to you by Cision http://www.cisionwire.com

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Article source: http://finance.yahoo.com/news/hcg-software-llc-announces-advanced-150245679.html

The University of Nebraska Omaha made a  addition to its list of programs called Performance INformation Gateway (PING). The business intelligence program provides ample amounts of facts, statistics and figures that are useful to the campus, community and the public.

According to PING’s website, PING is the “portal for accountability information, academic and department management indicators, reports and analytics that support data-driven decision-making across our campus.”

The program was developed under a “collaborative effort,” according to Acting Director at UNO‘s Office of Institutional Research, Russell Smith. The collaboration involved the UNO Office of Institutional Research and UNO Information Services.

Enrollment Management and Marketing, a new unit that includes registrar, financial aid, admissions, recruiting and marketing will be effective April 16. It also took part in the development of PING.

With a goal to increase UNO’s enrollment numbers to 20,000 students by 2020, a program such as PING was needed for enrollment management and other data-driven areas of research.

The program will not only make key information more available and assist in reaching enrollment goals, but according to Smith, PING will also better educate students on where their resources, funding and other services come from.

“One goal is that students would learn more about UNO and its funding services…and the things that go into producing an education.”

PING, which is currently in Phase 1, plans to implement the “overall PING website” and include information regarding enrollment trends and a new “student list” report.

UNO Chancellor John Christensen expanded on the importance of the new program.

“These metrics will help guide the campus community in our efforts to continuously improve quality and add value to the student experience,” he said.

An objective of implementing Phase 1 is to display basic key performance indicators (KPI) for the UNO campus.

According to PING’s website, these KPIs “incorporate measures from different areas, including: resources, educating students, productivity, research enterprise, student success and student opportunity.”

PING displays the key performance indicator for the years 2004-2009, which is helpful for understanding UNO’s current performance based on data obtained from previous years.

Also offered is a separate bar chart that indicates a trend in the most recent information for UNO for 2010, 2011, or for both years.

Comparison of these charts help explain UNO’s current performance relative to its past performance and can serve as a helpful tool in determining enrollment data.

The KPIs not only serve as a useful tool for UNO’s research trends over time, but can also be utilized when analyzing UNO’s data compared to other institutes’ data trends, who are members of the Coalition of Urban and Metropolitan Universities (CUMU).

Students, faculty and community members can browse PING’s website along with current and past KPI’s with ease, yet some areas offer more security. The Academic and Departments Indicators tab requires a login with UNO NetID and the student lists tab requires a login with a WebFocus ID.

PING plans to add additional reports, analytics and dashboards throughout 2012 to further completion of Phase 1.

Article source: http://www.unogateway.com/news/uno-welcomes-a-new-business-intelligence-program-1.2843243

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April 9, 2012
By Wayne Kernochan     Feedback

Business intelligence analyst Wayne Kernochan, of Infostructure Associates, says it’s a shame exploratory data analysis (EDA) doesn’t get more attention from enterprises looking to increase their competitive edge.

Business intelligence has taken a step forward in maturity over the last few years, as statistical packages have become more associated with analytics. SAS has for years distinguished itself by its statistics-focused business intelligence solution; but when IBM acquired SPSS, the grand-daddy of statistical packages, the importance of more rigorous analysis of company and customer data seemed both confirmed and more obvious.

Moreover, over the years, data miners have begun to draw on the insights of university researchers about things like “data mining bias” and Bayesian statistics – and the most in-depth, competitive-advantage-determining analyses have benefited as a result. 

So it would seem that data miners, business analysts and IT are on a nice query-technology glide path. Statistics completes the flexibility of analytics by covering one extreme of certainty and analytical complexity, while traditional analytics tools cover the rest of the spectrum up from situations where shallow and imprecise analysis is appropriate. And statistical techniques filter down by technology evolution to the “unwashed masses” of end users.

And yet there is a glaring gap in this picture – or at least a gap that should be glaring. This gap might be summed up as Alice in Wonderland’s “verdict first, then the trial.” Both the business and the researcher start with their own narrow picture of what the customer or research subject should look like, and the analytics and statistics that accompany such hypotheses are designed to narrow in on a solution rather than expand due to unexpected data. Thus, the business/researcher is likely to miss key customer insights, psychological and otherwise.

Pile on top of this the “not invented here” syndrome characteristic of most enterprises, and the “confirmation bias” that recent research has shown to be prevalent among individuals and organizations, and you have a real analytical problem on your hands.

In our excitement about the real advances in our ability to understand the customer via social media, we often fail to notice how the recent popularity of “qualitative methods” in psychology has exposed, to those who are willing to see, the enormous amount of insights that traditional statistics fails to capture about customer psychology, sociology and behavior. In the world of business, as I can personally attest, the same type of problem exists.

For more than a decade, I have run total cost-of-ownership (TCO) studies, particularly on SMB use of databases. I discovered early on that open-ended interviews of relatively few sys admins was far more effective in capturing the real costs of databases than broader on-a-scale-from-one-to-five inflexible surveys of CIOs. Moreover, if I just included the ability of the interviewee to tell a story from his or her point of view, the respondent would consistently come up with an insight of extraordinary value. One such insight, for example, is the idea that SMBs don’t always care so much about technology that saves operational costs as much as technology that saves an office head time by requiring him or her to just press a button as he or she shuts off the lights on Saturday night.

EDA: Getting Preliminary Data Analysis Right

The key to success for my “surveys” was that they were designed to be:

• Open-ended (They were able to go in a new direction during the interview, and leaving space for whatever the interviewer might have left out.)
• Interviewee-driven (They started by letting the interviewee tell a story as he or she saw it.)
• Flexible in the kind of data collected (Typically an IT organization did not know the overall costs of database administration for their organization and in a survey they would have guessed — badly –but they almost invariably knew how many database instances per administrator.)

As it turns out, there is a comparable statistical approach for the data analysis side of things. It’s called exploratory data analysis, or EDA.

Page 1 of 2   |   1 2   |   Next

Article source: http://www.enterpriseappstoday.com/business-intelligence/business-intelligence-aint-over-until-exploratory-data-analysis-sings-1.html

PORTLAND, Ore., Apr 10, 2012 (GlobeNewswire via COMTEX) –
HCG Software, LLC, maker of comprehensive business intelligence (BI) solutions, today announced the release of HCG Prevision Version 7.0. With this latest release, Prevision 7.0 becomes the only BI application leveraging Big Data, data analytics, predictive modeling, and Microsoft’s Excel all within a unified enterprise system.

Key new features include a lightning-fast in-memory data engine with intelligent query, an improved analysis user interface, and an intelligent caching layer for greater performance. Enhanced report distribution capabilities and complex parallel processing round out the significant feature set in this milestone release for the company.

“Our clients demand rapid, timely, and accurate access to large volumes of data,” said Scott Stanton, Chief Executive Officer of HCG Software. “With the new reporting, data analytics, predictive modeling performance enhancements, clients will be able to drive analysis across tens of millions of records spanning 10-20 years allowing the insight required to make progressive, intelligent decisions in real time.”

With the HCG Prevision Version 7.0 application, there is no such thing as too much data or waiting overnight for a summary consolidation.

One such example is demonstrated in healthcare. Hospitals using Prevision 7.0 can now run real-time analytics to understand total patient revenue down to the patient name, procedure, care provider, and outcome — all on a daily basis resulting in improved profitability and margins per diagnosis.

With Prevision 7.0, financial institutions can monitor individual accounts at the loan and deposit level down to the individual transaction on a daily, weekly, bimonthly, monthly, or yearly basis to monitor and track individual account profitability.

Manufacturers using Prevision 7.0 will be able to track inventory, stock turnover, lead and lag times, and shifts in product demand for hundreds of thousands of products at both the retail and catalog level.

According to Stanton, “Most importantly — all of the HCG Prevision 7.0 clients will get these results in a matter of seconds. Not hours, overnight, or days later — but in real time, right here, right now.”

The explosion in data variety and volume in the last three years has lead to an equivalent boom in simplistic or highly custom-programmed BI solutions. “We’ve seen an onslaught of products built around financial data utilizing simply an SQL interface and storage. This architecture immediately limits the opportunity for new insight” says Stanton. “Whether they be OLAP, cube, SaaS, or spreadsheet consolidation systems they are not suitable for real-time, mission-critical deployment.”

“What makes HCG Prevision Version 7.0 so unique is the flexible NoSQL data store fully integrated with Microsoft Excel,” states Chief Technology Strategist Erick Cloward. “By utilizing functional programming in an 100% .NET managed code environment, HCG is able link a client’s business rules and requirements with an unlimited amount of data — financial, operational, sales, payroll … really anything!” The result with Prevision Version 7.0 is an unmatched robust Big Data management solution coupled with the simplicity of enterprise data access, analytics, and distribution.

Stanton is upbeat about the future: “This initiative is a bold generational change for Prevision, placing it in a position to compete favorably with leading-edge architectures. The vision is very ambitious and customer adoption and feedback on the latest release of HCG Prevision Version 7.0 has proven that our innovative approach is allowing customers to realize benefits they never thought possible with tradition methods. This has opened entirely new markets that were previously constrained by architectural limitations.” But Stanton has a word of caution for those waiting on the sideline, “the Big Data of today will be known as just ‘data’ in five years.”

About HCG Software

Backed by a decade of pioneering RD, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. Comprised of a talented group of engineers, programmers, business leaders, and innovators, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a unified enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at
www.hcgsoftware.com .

For more information please contact: David Turzillo, SVP Global Sales Marketing, at dturzillo@hcgsoftware.com or 503.847.9903

This information was brought to you by Cision

http://www.cisionwire.com

This news release was distributed by GlobeNewswire,
www.globenewswire.com

SOURCE: HCG Software, LLC

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(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

Article source: http://www.marketwatch.com/story/hcg-software-llc-announces-advanced-big-data-solution-integrated-with-prevision-business-intelligence-software-suite-2012-04-10

SQLBits X finished over a week ago and so it seems a bit late to be blogging about it. To be honest, though, I needed that week to recover from the conference, a cold I picked up the day before it started, and all of the other work-related stress that’s been building up over the last few months.

So, the obligatory bit of reportage. SQLBits X was indeed as big as we were hoping and behind the scenes everything went surprisingly smoothly; I guess after nine previous events we must have learned something about running a tech conference! I don’t know what the official numbers are but we packed 1400 swag bags on the Wednesday afternoon before it all started in a five-hour bag stuffing marathon, and on the Saturday evening we only had about 100 or so left, so that makes it easily 50% larger than any other SQLBits. We had a great line-up of speakers including a large number of international SQL celebrities, more than we’ve ever had before, and the parties on Thursday and Friday night were well-attended and more importantly good fun.  I don’t know how SQLBits could get any better except by getting bigger and offering even more of the same, although if we did get bigger it would probably end up killing a lot of what makes SQLBits special and push us beyond the limits of what an amateur organisation can cope with. My thanks go out to my fellow committee members Simon Sabin, Allan Mitchell, Martin Bell, James Rowland-Jones, Darren Green, Chris Testa-O’Neill, Tim Kent and Christian Bolton, as well as all of the team of helpers who gave up their time free of charge including Annette Allan, Helen Lau, and many others.

Article source: http://feedproxy.google.com/~r/wordpress/Cpjz/~3/fnB_7WbzG1o/