The FINANCIAL -- A recent commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting on behalf of Oracle found that Oracle Business Intelligence (BI) Applications can deliver significant ROI by providing complete, real-time, and enterprise wide insight for all users, enabling fact-based actions and intelligent interaction1.

After conducting in-depth interviews with four Oracle Business Intelligence Applications customers that shared quantitative and qualitative results, the study found that the companies realized the following key benefits:

Significant ROI2 – experienced a three-year risk adjusted return on investment of 97 percent with a 20-month payback period;

Lower procurement spend3 – realized five percent lower procurement costs in the first year and increased to seven percent in the second year;

Accounts payable savings4 – achieved savings of more than $1 million per year by the third year;
Lower inventory working capital5 – experienced 15 percent reduction in inventory for the affected product categories over three years;

Increased gross sales and prices – increased gross sales by 0.4 percent in affected parts of the organization6 and increased average sales price by 0.3 percent7 over three years.

IT and business labor savings – achieved efficiencies in both the IT and business sides of the organization;
Forrester’s TEI analysis measures costs and benefits in areas typically accounted for within IT. As Oracle reported, it also weighs the enabling value of a technology in increasing the effectiveness of overall business processes. This study provides enterprises with a framework to evaluate the potential financial impact of Oracle BI Applications.

Oracle BI Applications are complete, pre-built BI solutions designed to deliver intuitive, role-based intelligence across every level of an organization, from front-line employees to senior management, enabling better decisions, actions, and business processes.

Designed for heterogeneous environments, these solutions enable organizations to gain insight from a range of data sources and applications including the Oracle E-Business Suite, Oracle’s PeopleSoft, Oracle’s Siebel CRM, Oracle’s JD Edwards EnterpriseOne, Oracle Fusion , SAP and other third-party sources.

With native support for tablet and mobile devices, Oracle BI Applications support large numbers of concurrent users and are certified to run on Oracle Exalytics In-Memory Machine.

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