Ventana Research recently completed groundbreaking benchmark research on how finance organizations use analytics these days. Of course, analytics have been a mainstay of finance organizations since people started using accounting ratios to assess the health and performance of a business. Yet perhaps because traditional analytics are so deeply entrenched, finance departments execute the basics well but don’t take the next step to fully utilize the power of information technology to use analytics more effectively. And they should: Our research finds that a majority of executives and managers outside the finance organization want the department to play a more strategic role in their company’s management.
Recent TRG blog posts
Rick Yvanovich
Recent TRG Blog Posts
Analytics Can Make Finance More Relevant
Posted by Rick Yvanovich on Tue, Jan 31, 2012
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
Evaluating Financial Management Software: Five Must-Haves
Posted by Rick Yvanovich on Tue, Jan 31, 2012
The backbone of any organization, financial management applications are the foundation that helps a company manage and gain insight into the most important parts of their business. Financial management applications streamline processes to help an organization manage business-critical functions such as accounting, project management, payroll, and human resources. When the financial management software of an organization becomes disjointed or broken, the implications can certainly impact the success and profitability of that organization.
Blog Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software
A new global designation for management accountants unveiled
Posted by Rick Yvanovich on Tue, Jan 31, 2012
On January 31st 2012, the Chartered Global Management Accountant (CGMA) designation is officially launched under a joint venture by the American Institute of Certified Public Accountant (AICPA) and the Chartered Institute of Management Accountants (CIMA).
Blog Topics: Talent Management, Financial Accounting Management Software
4 Ways to Sell Unsexy Products
Posted by Rick Yvanovich on Mon, Jan 30, 2012
Got a great product that's all steak and no sizzle? Road ID co-founder Edward Wimmer on how to craft the killer pitch.
Blog Topics: Retail Management System
Is it time for a global HotelWiki to assist the industry (and consumers) with hotel distribution?
Posted by Rick Yvanovich on Mon, Jan 30, 2012
There is a certain helplessness creeping in around online hotel distribution which is worrying hotels in Europe and worldwide.
Blog Topics: Hospitality solutions
Global CAD access with Citrix XenDesktop HDX Pro 3D
Posted by Rick Yvanovich on Mon, Jan 30, 2012
“The desktop performance and integration of peripheral devices functioned smoothly. The CAD users in India have confirmed that they can work productively with the Citrix technology.”
Manuel Killer, Project Manager, CAx Technologies, Discrete Automation & Motion Division, ABB Schweiz AG.
The power and automation technology group ABB has recently made user workstations with worldwide distributed CAD applications available as virtual desktops. Thanks to the HDX™ Pro 3D graphics technology of Citrix® XenDesktop®, now even people in India can work productively with graphics-intensive applications that are hosted at a datacenter in Switzerland. The solution facilitates collaboration of globally organized teams and ensures that all design data remains in one central location. At the same time, ABB developers gain flexibility; access to the CAD workstation is now possible with any device.
ABB is a leading global supplier of energy and automation technology. The company has 124,000 employees in over 100 countries and generated total sales of more than USD 31.5 billion in 2010. The Schweizer Landesgesellschaft (Swiss national company) based in Baden is also involved in this global network. ABB Schweiz AG carries the global responsibility for numerous products and systems within this affiliated group.
Globalization has had a significant impact on the business of ABB in recent years: rising global energy demand, the increasing integration of renewable energies and the evolution of intelligent networks opened many new market opportunities to the group. An ever-growing share of sales is now being generated in emerging regions such as China and India. In order to be closer to customers in these growth markets and to work simultaneously and most cost-efficiently, ABB is investing continuously in R&D and engineering resources on site. As part of this process, it was decided to open a global engineering center for the Business Unit Power Electronics & MV Drives in Bangalore, India. The schedule for the project was estimated to be relatively brief and the unit was expected to be operational within seven months.
Download our Whitepaper to figure out...
- Network was a bottleneck for globalization project
- Making professional 3D applications available over the WAN
- Performance and convenience as key factors
- Interesting solution for local CAD jobs as well
Desktop Virtualization: What's Stopping You?
Posted by Rick Yvanovich on Mon, Jan 30, 2012
Citrix buys a scrappy startup as it tries to convince more enterprises that desktop virtualization doesn't always equal painful compromise. Are you still waiting?
Blog Topics: Cloud Computing
Citrix - Liberating the Desktop Through Virtualization Innovation
Posted by Rick Yvanovich on Mon, Jan 30, 2012
With the rise of distributed computing and the personal desktop, enterprise IT underwent a radical change; from a centralized model over which the business maintained tight control, to a ubiquitous computing model that enabled individuals to have much greater freedom and flexibility in a truly “personal” experience. Today, with the rise of global Internet connectivity, the consumerization of IT and the desire for a self-service environment, IT organizations are faced with an ever expanding list of worker preferences and devices, increasingly owned by the individual – from PCs to smartphones to netbooks – for which they must securely deliver corporate data on demand. These widely distributed network of desktops and the proliferation of user devices often means significant burdens of both administration and cost, and a fear of a rapid and alarming acceleration of security threats. Many are finding new answers to these challenges in the emerging and dynamic field of desktop virtualization.
Desktop Virtualization: What's Stopping You?
Posted by Rick Yvanovich on Mon, Jan 30, 2012
Citrix buys a scrappy startup as it tries to convince more enterprises that desktop virtualization doesn't always equal painful compromise. Are you still waiting?
Global CAD access with Citrix XenDesktop HDX Pro 3D
Posted by Rick Yvanovich on Mon, Jan 30, 2012
“The desktop performance and integration of peripheral devices functioned smoothly. The CAD users in India have confirmed that they can work productively with the Citrix technology.”
Manuel Killer, Project Manager, CAx Technologies, Discrete Automation & Motion Division, ABB Schweiz AG.
The power and automation technology group ABB has recently made user workstations with worldwide distributed CAD applications available as virtual desktops. Thanks to the HDX™ Pro 3D graphics technology of Citrix® XenDesktop®, now even people in India can work productively with graphics-intensive applications that are hosted at a datacenter in Switzerland. The solution facilitates collaboration of globally organized teams and ensures that all design data remains in one central location. At the same time, ABB developers gain flexibility; access to the CAD workstation is now possible with any device.
ABB is a leading global supplier of energy and automation technology. The company has 124,000 employees in over 100 countries and generated total sales of more than USD 31.5 billion in 2010. The Schweizer Landesgesellschaft (Swiss national company) based in Baden is also involved in this global network. ABB Schweiz AG carries the global responsibility for numerous products and systems within this affiliated group.
Globalization has had a significant impact on the business of ABB in recent years: rising global energy demand, the increasing integration of renewable energies and the evolution of intelligent networks opened many new market opportunities to the group. An ever-growing share of sales is now being generated in emerging regions such as China and India. In order to be closer to customers in these growth markets and to work simultaneously and most cost-efficiently, ABB is investing continuously in R&D and engineering resources on site. As part of this process, it was decided to open a global engineering center for the Business Unit Power Electronics & MV Drives in Bangalore, India. The schedule for the project was estimated to be relatively brief and the unit was expected to be operational within seven months.
Download our Whitepaper to figure out...
- Network was a bottleneck for globalization project
- Making professional 3D applications available over the WAN
- Performance and convenience as key factors
- Interesting solution for local CAD jobs as well