August 17, 2012–The success of financial managers and the operation of the markets they oversee continue to grow increasingly dependent upon the technology of data analytics. Adaptive Planning appears to be making progress within the sector as they have introduced a new product, Adaptive Discovery. This is a cloud-based data visualization system for companies and non-profits. The company boasts of an intuitive visual interface that will appeal to business managers, allowing them to more easily access, analyze, and explore key financial and operational data. Here are a few more details from an article published on CPA Practice Advisor’s website, “Adaptive Planning Introduces Adaptive Discovery For Financial Analysis”
According to the article:
“Adaptive Discovery, the visual discovery application within the Adaptive Planning suite of performance management solutions, allows companies of all sizes to quickly and easily understand and take action upon their companywide data. Business users can easily compile, display and explore data from multiple systems and lines of business with highly visual, interactive dashboards and scorecards. The application presents data in ways that managers can easily grasp, so they are able to make better day-to-day decisions. Adaptive Discovery delivers an exciting new level of capability and interactivity that is far superior to both static data in spreadsheets and the limited reporting options available in existing enterprise applications.”
From what we’ve read so far, it’s difficult to ascertain what sets Adaptive Discovery apart from its peers. We look forward to more details from the company about its new system and specifically, what makes its visual interface more intuitive. Until then, we recommend Digital Reasoning for the innovative steps the company has taken to bring cloud analytics to the financial world.