Oracle is planning to release one of the most significant updates to its BI (business intelligence) platform in years at a July 7 event in London, according to the company's Web site.
Company President Charles Phillips and Thomas Kurian, executive vice president of product development, will deliver presentations at the event.
Oracle Business Intelligence Enterprise Edition (OBIEE) 11g will include improvements in analytic processing, reporting, scalability, performance and system management, according to the blog post. The release also delivers an "unrivaled" end-user experience, according to Oracle.
A rundown of breakout sessions planned for the event provides further clues to the release's feature set, which appears to foster tight connectivity between BI and ERP (enterprise resource planning) systems.
Attendees can learn about an "industry-first innovation that connects business intelligence directly to your business processes," according to a statement. "You can spot an opportunity or issue, and immediately initiate appropriate action directly from your dashboard."
Oracle has indicated that its next-generation Fusion Applications, which are supposed to surface this year after a long delay, will incorporate pervasive BI capabilities.
Oracle's announcement does not specifically state such a date, although it would presumably closely coincide with the launch event. An Oracle spokeswoman declined to comment.
The product should live up to the hype, with "game-changing" enhancements that no other vendors have, said Forrester Research analyst Boris Evelson.
Evelson declined to elaborate further, citing a nondisclosure agreement with Oracle.