Arena Solutions today announced that it has partnered with GoodData, a leading provider of Insights-as-a-Service, to create a highly visual solution that integrates the power of business intelligence (BI) with PLM, all delivered via cloud: Arena Analytics.
Arena Analytics, powered by GoodData, is a robust BI solution that enables companies to gain meaningful insights into how their product-related business processes are performing. Stakeholders can easily create dashboards tied to key performance indicators (KPIs) with reports that focus on areas such as product development cycle time, product quality trends, project performance and supply chain health. Organizations can access one central hub to rapidly monitor process status and performance trends at a moment's notice, which enables them to take proactive action, reduce risk and eliminate problems before they arise.
Arena Analytics goes beyond spreadsheets by providing the ability to create reports that examine data from multiple dimensions and provide deeper insights about business processes. Also, once created, reports and metrics are readily available and update automatically as the underlying data changes.
With the support of GoodData's platform, Arena Analytics users require no additional IT resources to build on-premise BI infrastructure. Arena and GoodData provide the complete infrastructure so customers can focus on creating the analytics that help improve their business.
"At GoodData, we enable businesses to deliver analytics at scale, and by partnering with Arena PLM we are now reaching manufacturers and designers of medical devices, consumer electronics and high tech products," said GoodData Founder and Ceriman Stanek. "Arena Analytics, powered by GoodData, will give product managers access to important insights for key process lifecycle indicators in real-time."
"To succeed as a 21st century product company, design and manufacturing professionals can't just focus on what's happened historically; they need to know what performance indicators are saying right now to better predict and, in fact, change the future," said Steve Chalgren, Executive Vice President of Product Management and Chief Strategy Officer at Arena. "This partnership with GoodData provides our customers with the business intelligence tools they need to gain critical insights into the trends that are shaping their companies."
Arena Analytics will be available as part of the Arena PLM Fall 2015 Release later this quarter.
