AT THE CENTER
The electronic newsletter of the
Silicon Valley World Internet Center
Wednesday, October 13, 2004
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SUMMARY: POWER PUB: WEDNESDAY,
SEPTEMBER 29, 2004
"THE FUTURE OF ANALYTICS"
Pub Master: Mr. Richard Probst, Senior Consultant, SAP
Summary and links below.
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SUMMARY: WEDNESDAY,
SEPTEMBER 29, 2004
"THE FUTURE OF ANALYTICS"
Pub Master: Mr. Richard Probst, Senior Consultant, SAP
Summary and links below.
To access Richard Probst's Power Pub presentation on the Center's
Web site:
- Click Here.
- Scroll down to the "*September 29, 2004, Power Pub" and select.
- You will see a link to the presentation in PDF format.
On September 29, the World Internet Center hosted over 80 participants
from around the Valley to discuss, with the guidance of Pub Master
Richard Probst of SAP, the future of analytics. The Power Pub, sponsored
by SAP Labs, was indeed full of "power" from hot start up companies
to representatives from the big players, including SAP, IBM, Deutsche
Telekom, Oracle, Cisco, HP, PARC, McKesson, Genentech, and Adobe.
A lively discussion ensued around these three Guiding Questions:
- What are the differences - if there are differences - between
business intelligence, balanced score card and analytics?
- Is the real-time enterprise really achievable and what role
do analytics play?
- Who should be using analytics? (Are they just for the king,
or can the common man play too?) The following summarizes key
points made by individuals during this hour of lively discussion:
* Most people do not need a lot of information. Rather they just
need a balanced scorecard.
- People need to figure out what question they really are asking
of their analytics capabilities so that they simply are not looking
for information where they can only find it, but looking for information
throughout the enterprise.
- We need to dwell on process, not on state.
- Executives should not be making real-time decisions.
- We are getting "push back" from customers who are overloaded
with analytics; rather they should be getting just the right information
needed at the right time to the right person.
- Business analytics is covering up bad management: we haven't
taught people how to run and control their own businesses.
- Is the "real-time" enterprise achievable? Maybe we don't want
a "real-time" enterprise? There may be negative value there.
- We need to figure out what we can measure effectively and then
give people the tools to go out and do that.
- We may not be learning the "right" thing out of all these data.
If we have the "right" data, then we need to "cook it down properly"
and we just are not there yet.
- The real key is navigation. [Countered by] Navigation only
works if the map is accurate. Navigation doesn't help if there
are no roads -- what do we do if there are disruptive changes?
After the Power Pub closed, participants wandered down to the Cabana's
salon for several more hours of heated discussions around intellectual
capital assets and real-time analytics.
Many thanks to Richard Probst who, as Pub Master, ably managed
this large group of participants. His presentation on the Future
of Analytics is available on the Center's site (see the link above).
We extend a special thanks to SAP Labs for sponsoring this exciting
and well-attended Power Pub.
ABOUT RICHARD PROBST
Before joining SAP in 2004, Mr. Probst spent 9 years driving product
strategy for three venture-backed startups. Calico Commerce pioneered
online product configurators, with Cisco and Dell as customers,
leading to a $2 billion IPO in 1999; Calico was later acquired by
PeopleSoft. Ejasent invented utility computing for transactional
web sites, for Charles Schwab and other surge-prone sites, and was
acquired by Veritas for $59 million. Nominum is developing a new
generation of name management infrastructure, led by the inventor
of DNS. Mr. Probst was founding VP of Marketing for Ejasent and
VP of Product Marketing for Nominum.
Prior to his startup experience, Mr. Probst was at Sun Microsystems
for 10 years. From 1985 to 1990, he managed development of Sun's
user interfaces, including SunView, XView, and Open Look. Over the
next 5 years, he helped bring CORBA into existence, as program manager
for Sun's Project DOE, as business development for Sun NEO products,
and as a member of the board of directors of the Object Management
Group. In 1991, Mr. Probst coined the acronym "CORBA".
Mr. Probst has an MS in Computer Science from the University of
California at Berkeley, where he was a PhD candidate until he left
to join Sun. His undergraduate degree in psychology is from Yale
University.
ABOUT SAP LABS
Headquartered in Silicon Valley and started in 1996, SAP Labs
North America (http://www.sap.com)
is the company's first development lab established outside of Germany
and is designed to take advantage of Silicon Valley's rich culture
of innovation and entrepreneurialism-to infuse "start-up" thinking
and business practices into a multi-billion dollar global enterprise.
The Lab, which pioneered SAP's efforts to globalize development,
employs more than 750 tech professionals at its main campus in Palo
Alto, Calif., and another 500 via a network of 11 offices located
across the United States. Labs' field offices are strategically
situated to better learn from and serve the needs of SAP's customers
by delivering industry-specific and customized solutions. The alignment
of development resources around industry and customer needs is indicative
of the unique approach Labs employs to drive innovation where it
can have the most impact. SAP Labs is responsible for several major
tec! hnology developments, including SAP NetWeaver, the company's
core technology platform that now serves as the foundation for SAP's
overall enterprise software and services strategy and SAP xApps,
a family of packaged, composite applications.
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The Silicon Valley World Internet Center thanks its Corporate Sponsors
and Knowledge Network Partners for their continuing support:
CORPORATE
SPONSORS
SAP http://www.sap.com/
Archstone Consulting http://www.archstoneconsulting.com/
KNOWLEDGE
NETWORK PARTNERS
Halleck http://www.halleck.com
IC Growth, Inc. http://www.icgrowth.com
Market Wire http://www.marketwire.com
Incucomm http://www.incucomm.com
Xterprise http://www.xterprise.com
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community, click on this link: http://center.infopoint.com/join.php
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