Press Release Source: Oracle Corporation On Tuesday July 27, 2010, 8:30 am EDT
REDWOOD SHORES, CA–(Marketwire – 07/27/10) – Oracle (NASDAQ:ORCL – News)
- In order to drive informed decision making and operate more strategically, higher education institutions turn to Oracle’s Hyperion performance management applications and business intelligence solutions. With Oracle, institutions create and manage analytics systems that put actionable intelligence directly in the hands of users who can apply it to their daily work.
Oracle Higher Education Customer Details
- “Considering the tough economic climate for higher education institutions throughout the country, it is critical for universities to gather business-critical information in a concise and efficient manner to ensure they are making optimal financial decisions,” said Jessie Lum, senior director for CMS, chancellor’s office, California State University. “Oracle’s solutions will provide CSU with the relevant and timely information it needs to develop effective short and long-term strategies for the University, helping maintain a vital role with our students, faculty and staff at the campuses and in California’s communities.”
- “The Business Intelligence/Summit enterprise reporting program provides users at all levels of the university easy access to financial information in a comprehensive format. We are creating dashboards that summarize our data, giving administrators the ability to see trends and details that help them efficiently manage operations,” said Jacqui Watrous, director of administrative systems for administration and finance, University of Massachusetts.
- “After being hampered by an antiquated legacy system, we knew we would need new software to build a detailed salary budgeting and employee profile model to enhance human resources and payroll planning,” said Mike Gower, chief financial officer, Yeshiva University. “Oracle’s Hyperion and Business Intelligence solutions provide comprehensive analytical tools that deliver the insight we need to plan and execute effectively for optimum financial efficiency.”
- “Oracle Business Intelligence is the most effective solution in the market for generating actionable data from Oracle’s PeopleSoft applications, while providing an integrated tool set that business officers can use for secure and comprehensive reporting,” said Bernie Gulachek, senior director for strategy management, information technology, University of Minnesota. “This implementation will give us the necessary tools to create accurate financial forecasts and adjust the university’s resources accordingly.”
- “In order to plan strategically for the future, we need comprehensive financial forecasting models, “said Jim Kirk, director of budget planning and administration, Georgia Institute of Technology. “Oracle Hyperion Strategic Finance further enhances our capabilities of developing a long-range plan driven by the many workload factors that affect the Institute’s budget, especially the projected research activity and student enrollment mix. The application provides us the ability to test a number of scenarios, as we support our executives in making informed decisions about Georgia Tech’s growth through our current strategic planning process (http://www.gatech.edu/vision/).”
- “Sophisticated higher education institutions understand that it is no longer sufficient to collect data,” said Theo Bosnak, senior director for education and research, Oracle Higher Education. “They must put that data into user’s hands quickly and easily so that they can begin to derive real benefits via more strategic and efficient decision making. Whether tracking research grants, monitoring budgets or keeping an eye on enrollments, Oracle’s Hyperion and Business Intelligence tools provide the stable foundation for reliable, flexible data and analytics systems.”
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Higher Education Institutions Improve Decision Making With Oracle