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Enterprise Performance Management and
Business Intelligence Edition
Oracle Corp
December 2011 Stay Connected: TwitterFacebookLinkedInYoutube
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Latest Oracle Crystal Ball Release Can Turn Risk into Opportunity

In the face of widespread economic uncertainty—from gyrating currencies to sovereign debt crises—organizations can gain unparalleled insight into the critical factors affecting risk with Oracle Crystal Ball Release 11.1.2.1.000.

Currently, Oracle Crystal Ball solutions—the industry-leading spreadsheet-based suite for predictive modeling, forecasting, simulation, and optimization—are used by 85 percent of Fortune 500 companies, and are part of the curriculum of all top 50 U.S. MBA programs.

"Failing to include the impact of uncertainty and risk in your analyses can derail your financial plans, especially in times like these," says Lucie Trepanier, Crystal Ball solution specialist. "To mitigate risk and maximize profits, you have to be able to incorporate variability and uncertainty into the core of your planning processes."

Looking Into the Crystal Ball
Using data ranges rather than single data points, Oracle Crystal Ball uses probabilistic analysis and Monte Carlo simulations to more accurately estimate and help mitigate risk.

Oracle Crystal Ball solutions begin with Oracle Crystal Ball, the base package for predictive modeling, Monte Carlo simulation, and forecasting. Oracle’s Crystal Ball Enterprise Performance Management builds on this by adding the power of Oracle Crystal Ball to Oracle Enterprise Performance Management and Oracle Business Intelligence applications.

Both editions can be enhanced with Oracle Crystal Ball Decision Optimizer, which provides advanced capabilities for optimization and calculation speed to Oracle Crystal Ball's simulation and forecasting toolset.

New Features in Release 11.1.2.1.000
"Over the last two and a half years, Oracle has invested substantial development resources into the latest release of Oracle Crystal Ball, adding to and improving all aspects of the solution," says Hari Sankar, VP of Product Management.

For example, organizations can now use Oracle Crystal Ball's powerful time-series forecasting capabilities using historical data pulled seamlessly from Oracle Hyperion Planning and Oracle Essbase. Other key innovations in Release 11.1.2.1.000 include
  • Predictor, the predictive modeling feature of Oracle Crystal Ball, which now includes ARIMA, an advanced modeling technique for time-series analysis
  • OptQuest optimization for decision modeling, which has been completely rewritten and is now available in Oracle Crystal Ball Decision Optimizer
  • Support for Microsoft Excel 2010, plus a 64-bit version available for use with the 64-bit version of Microsoft Excel 2010 (as well as the 32-bit version)
  • Localization of the interface in Spanish and Japanese
To see Oracle Crystal Ball in action, view this recent Webcast: Learn How Oracle Crystal Ball Can Help You See the Opportunity for Profit by Understanding Risk.

This content is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
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