January 15, 2013 (Portland, OR) – With the New Year in full swing brings new opportunities for HCG Software and we are excited to highlight just a few of the opportunities for Q1 in 2013:
Carat USA
Carat USA has selected HCG Software's Prevision EPM solution to deploy nationwide for detailed payroll planning and forecasting, payroll reporting, and payroll analytics. Furthermore, HCG has designed and deployed a separate footprint to analyze, track, and report across the organization media purchases for some of the largest Fortune 500 client base including General Motors and Diageo North America.
Carat USA is the world's leading independent media planning and buying specialist as well as the market-leader in digital and non-traditional media solutions. Owned by global media group Aegis Group PLC and listed on the London stock exchange, the Carat network is more than 5,000 people in 70 countries worldwide.
Re-Bath Inc.
The largest building supply franchisor of its kind, Re-Bath has deployed HCG's Prevision application to handle all of the corporate financial reporting, dashboard metrics, quarterly Board reports, daily sales flash reports, and accounts receivable detail analysis. In addition, Re-Bath has also deployed the Prevision solution across their network of 240 franchisees.
A beautiful, new bathroom doesn't have to mean weeks of workers, debris and expense. Over 30 years ago, Re-Bath reinvented bathroom remodeling with a quick and convenient solution. Since then, Re-Bath has renovated millions of bathrooms with their high quality DuraBath SSP material cleanly, quickly and affordably without interrupting life at home. With 240 Re-Bath distributors nationwide it often takes just a few days to complete your customized bathroom.
Blick Art Materials
Blick Art Materials has selected HCG's Prevision application for monthly financial planning and budgeting, biweekly payroll planning, complete financial performance reporting and analytics, payroll productivity analysis, corporate dashboards, and daily sales reporting and profitability analysis.
Founded in 1911, Blick Art Materials is in its third generation of family ownership and is the largest and oldest provider of art supplies in the United States. Our products cater to the full spectrum of artists - from the youngest child ready to scribble with his or her first crayon to well-known, gallery represented professionals. Our superior customer service, extensive selection, and competitive prices make us the choice for professional and amateur artists, art educators, architects, designers, students, and hobbyists - virtually anyone requiring quality art materials for work or pleasure.
About HCG Software
Backed by a decade of pioneering R&D, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. The preferred vendor of choice for former Business Objects SRC Software and the Microsoft FRx suite of products, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.
May 5, 2012 – Recognized for their advancements and contributions in data analytics and predictive modeling for business and finance, Scott Stanton and Erick Cloward of HCG Software, LLC have been selected to give a presentation at MIT's 2012 Annual Information Quality symposium.
With computer storage at historically low costs and easy to come by, there is a growing demand not only to access this data easily, but to also pull valuable, real-time data analytics for better tracking of the organizations metrics and performance measures. However most tools we associate with data quality and analysis – stand alone spreadsheets, Access tables, SQL relational databases, and off-the-shelve SaaS models – are ill-equipped to handle the demands of Big Data. And with ease of use and functionality surpassing traditional IT's requirement of standards and controls, Big Data, data analytics, and predictive modeling is quickly coming under the control of the CFO and COO in progressive organizations.
From the viewpoint of operational and financial executives, this session will address the requirements, architecture, and implementation of Business Intelligence and Big Data models including:
Large data sets and applied analytics through the application, practice and leverage of Big Data, decision support, data analytics and decision science will create opportunity and advancements in the business world.
For a complete conference schedule, please follow the link below:
http://mitiq.mit.edu/CDOIQ/2012/IQS2012_Agenda_2012_02_20.pdf
About HCG Software
Backed by a decade of pioneering R&D, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. The preferred vendor of choice for former Business Objects SRC Software and the Microsoft FRx suite of products, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.
April 10, 2012 – HCG Software, LLC, maker of comprehensive business intelligence (BI) solutions, today announced the release of HCG Prevision Version 7.0. With this latest release, Prevision 7.0 becomes the only BI application leveraging Big Data, data analytics, predictive modeling, and Microsoft's Excel all within a unified enterprise system.
Key new features include a lightning-fast in-memory data engine with intelligent query, an improved analysis user interface, and an intelligent caching layer for greater performance. Enhanced report distribution capabilities and complex parallel processing round out the significant feature set in this milestone release for the company.
"The next giant leap forward in Business Intelligence is all about uniting the power of the cloud with the power of data to gain insights that simply weren't possible even just a few years ago" stated Erick Cloward, Director of Software Development for HCG Software. "So we are excited to partner with Microsoft to help accelerate development and provide technical expertise to the Hadoop distributed computing platform."
The Hadoop software library is a framework that allows for the distributed processing of large data sets across clusters of computers using a simple programming model. It is designed to scale up from single servers to thousands of machines, each offering local computation and storage.
"With the explosion of data requirements in just the last five years, companies are faced with the challenge of acquiring, organizing, and analyzing this data to make better business decisions" said Scott Stanton, CEO of HCG Software. "Working with Microsoft and the Hadoop platform is critical in the growth of HCG Software to address the critical Big Data needs of our growing client base and create the necessary data insights that maximize business value."
The addition of Hadoop-based data analysis will allow organizations to process and analyze large quantities of structured and unstructured data, both within and outside the enterprise. It's also part of Microsoft's larger strategy with its Windows Azure Marketplace service, and an effort to create a "data ecosystem" where companies can access data streams of various types from a public cloud, analyze and transform them, combine them with their own data, and share or sell their own data sets as well.
About HCG Software
Backed by a decade of pioneering R&D, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. The preferred vendor of choice for former Business Objects SRC Software and the Microsoft FRx suite of products, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.
According to a June 2011 Economist Intelligence Unit survey of 586 executives, 99 percent of respondents reported that they face an increasing amount and complexity of data they collect each year. This is one of the driving forces behind the Big Data movement today. HCG Software LLC is working on the forefront of this movement to address this need.
In their continuing efforts to expand into the areas of Big Data, Data Analytics, and Predictive Modeling, HCG Software has been selected to participate in the Microsoft Community Technology Group for the Hadoop-based service on Windows Azure.
"Our clients demand rapid, timely, and accurate access to large volumes of data" said Scott Stanton, Chief Executive Officer of HCG Software. "With the new reporting, data analytics, predictive modeling performance enhancements, clients will be able to drive analysis across tens of millions of records spanning 10-20 years allowing the insight required to make progressive, intelligent decisions in real time."
With the HCG Prevision Version 7.0 application, there is no such thing as too much data or waiting overnight for a summary consolidation.
One such example is demonstrated in healthcare. Hospitals using Prevision 7.0 can now run real-time analytics to understand total patient revenue down to the patient name, procedure, care provider, and outcome – all on a daily basis resulting in improved profitability and margins per diagnosis.
With Prevision 7.0, financial institutions can monitor individual accounts at the loan and deposit level down to the individual transaction on a daily, weekly, bimonthly, monthly, or yearly basis to monitor and track individual account profitability.
Manufacturers using Prevision 7.0 will be able to track inventory, stock turnover, lead and lag times, and shifts in product demand for hundreds of thousands of products at both the retail and catalog level.
According to Stanton, "Most importantly – all of the HCG Prevision 7.0 clients will get these results in a matter of seconds. Not hours, overnight, or days later – but in real time, right here, right now."
The explosion in data variety and volume in the last three years has lead to an equivalent boom in simplistic or highly custom-programmed BI solutions. "We've seen an onslaught of products built around financial data utilizing simply an SQL interface and storage. This architecture immediately limits the opportunity for new insight" says Stanton. "Whether they be OLAP, cube, SaaS, or spreadsheet consolidation systems they are not suitable for real-time, mission-critical deployment."
"What makes HCG Prevision Version 7.0 so unique is the flexible NoSQL data store fully integrated with Microsoft Excel" states Chief Technology Strategist Erick Cloward. "By utilizing functional programming in an 100% .NET managed code environment, HCG is able link a client's business rules and requirements with an unlimited amount of data – financial, operational, sales, payroll – really anything!" The result with Prevision Version 7.0 is an unmatched robust Big Data management solution coupled with the simplicity of enterprise data access, analytics, and distribution.
Stanton is upbeat about the future, "This initiative is a bold generational change for Prevision, placing it in a position to compete favorably with leading-edge architectures. The vision is very ambitious and customer adoption and feedback on the latest release of HCG Prevision Version 7.0 has proven that our innovative approach is allowing customers to realize benefits they never thought possible with tradition methods. This has opened entirely new markets that were previously constrained by architectural limitations." But Stanton has a word of caution for those waiting on the sideline, "the Big Data of today will be known as just 'data' in five years."
About HCG Software
Backed by a decade of pioneering R&D, HCG Software, LLC is the Business Intelligence and Business Performance Management leader. The preferred vendor of choice for former Business Objects SRC Software and the Microsoft FRx suite of products, HCG Software, LLC is an enterprise application software and professional services company with headquarters in Portland, Oregon. HCG Prevision provides a robust BPM application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.
HCG Software, LLC, the leading provider of business intelligence software and services announced today that Adventist Health has selected HCGPrevision™ as their choice for financial reporting, payroll reporting, patient volume and statistical analytics, contractual adjustment and bad debt modeling, and budget forecasting software.
"We are very excited to have one of the most respected health systems in the Pacific Northwest join our growing roster of clients" stated HCG Software Founder and CEO Scott Stanton. "And with any luck, I'm hoping to personally oversee the Oahu installation and training myself. Of course, the Napa Valley location would work in a pinch."
About Adventist Health
Adventist Health is a not-for-profit health system operating in California, Hawaii, Oregon and Washington. Founded on the Seventh-day Adventist principles of Christian health care, Adventist Health is comprised of 18 hospitals with more than 2,800 beds, nearly 18,000 employees, many clinics and outpatient facilities. It operates the largest system of rural health clinics in California, 15 home care agencies and three joint-venture retirement centers.
About HCG Software
HCG Software, LLC is an application software and professional services company with its headquarters in Portland, Oregon. HCGPrevision provides a robust Business Performance Management application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database based on 100% .NET managed code, Prevision is the only enterprise level BI / BPM software application that is seamlessly integrated with Microsoft Excel. More information about HCG Software products and services can be found at www.hcgsoftware.com.
HCG Software, LLC, the leading provider of business intelligence software and services announced today that Douglas County Hospital in Alexandria, Minnesota has selected HCGPrevision™ as its choice for labor analysis, financial reporting, patient volume and statistical analytics, and budget forecasting software.
While Nate Meyer, Chief Financial Officer of Douglas County Hospital, was impressed by the price, flexibility, and ease of use of HCGPrevision after seeing a demo at the 2009 HFMA conference in Seattle, it is generally believed that a $3.00 water bottle emblazed with the HCG logo and a theater-sized box of Dots were what really sealed the deal.
About Douglas County
Over the past four decades, Douglas County Hospital has had a tradition of growth in medical technology, health care services and programs to meet the increasing needs of the citizens in West Central Minnesota. A steady growth in physician specialists, combined with a continuous upgrading of facilities, have established Douglas County Hospital as a comprehensive 127- bed medical center.
About HCG Software
HCG Software, LLC is an application software company with its headquarters in Portland, Oregon. HCGPrevision provides a robust Business Performance Management application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database and seamlessly integrated with Excel, it is a feature-rich application based on 100% .NET managed code. More information about HCG Software products and services can be found at www.hcgsoftware.com.
HCG Software, LLC, the leading provider of business intelligence software and services announced today that Walker County, Texas has selected HCGPrevision™ as its choice for CAFR reporting, financial reporting, and statistical analytics.
"Small and medium-sized organizations, whether they be from the public or private sectors, continue to be poorly served by costly and cumbersome business management systems that do not offer the ease-of-use, affordability, tangible return on investment, or even half the features of the HCGPrevision integrated solution," said Scott Stanton, Founder and CEO of HCG Software, LLC. "With HCGPrevision, users no longer have to jump from one application to another or re-enter the same data multiple times, and now Walker County has a single and powerful solution that meets all of their business and regulatory requirements."
About Walker County
Walker County is a county located in the U.S. state of Texas. The 2006 Census estimate placed the county's population at 63,304 with a total area of 801 square miles. The county seat is located in Huntsville. Walker County is part of the Huntsville Micropolitan Statistical Area as well as the Houston-Baytown-Huntsville Combined Statistical Area.
About HCG Software
HCG Software, LLC is an application software company with its headquarters in Portland, Oregon. HCGPrevision provides a robust Business Performance Management application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database and seamlessly integrated with Excel, it is a feature-rich application based on 100% .NET managed code. More information about HCG Software products and services can be found at www.hcgsoftware.com.
HCG Software, LLC, the leading provider of business intelligence software and services announced today that Iberia Medical Center in New Iberia, Louisiana has selected HCGPrevision™ as its choice for financial reporting, patient volume and statistical analytics, and budget forecasting software.
"Given the price, flexibility, ease of use, and rapid implementation there was no reason to continue using the old SRC product" said Denise Breaux, Controller at IBC. "Staying in the Excel environment and their extensive knowledge of healthcare issues has given us a complete system within a few short days after the installation."
"Denise and her staff could not have made this installation any easier. Their understanding of their particular business needs and outstanding issues really helped turn the implementation around in record time" said Scott Stanton, Founder and CEO at HCG Software.
About Iberia Medical Center
Located in New Iberia, Louisiana Iberia Medical Center specializes in Ambulatory Care Services and Cardiac & Pulmonary Rehabilitation. More information about Iberia Medical Center can be found at www.iberiamedicalcenter.com.
About HCG Software
HCG Software, LLC is an application software company with its headquarters in Portland, Oregon. HCGPrevision provides a robust Business Performance Management application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database and seamlessly integrated with Excel, it is a feature-rich application based on 100% .NET managed code. More information about HCG Software products and services can be found at www.hcgsoftware.com.
HCG Software, LLC, the leader in providing flexibility and sophistication for enterprise performance management applications, today announced that University of Arkansas for Medical Sciences of Little Rock, Arkansas has selected HCGPrevision as its choice for budgeting, reporting, and long-range forecasting of their income & revenue, grant funding requirements, payroll, FTE analysis, medical research and services, as well as the design and implementation of the annual budget book as required by the state legislature. The University of Arkansas for Medical Sciences is considered one of the nations top medical research, teaching, and medical services providers with internationally renowned programs in multiple myeloma, aging, cancer and other areas.
"We required a business intelligence solution that would satisfy the needs of our most demanding power users while still remaining accessible to everyone with a very limited training schedule" said Bill Waldron, Director of Budgets at UAMS. "HCG offers depth and flexibility along with a clear vision on how the company's products will meet all our future business intelligence needs."
"Tech-savvy organizations such UAMS know that HCG Software offers the most complete, most flexible business intelligence solution on the market - and that is the key to delivering immediate value," said Scott Stanton, Founder and CEO of HCG Software. "it is critical for administrators and department heads to have immediate access to data that can help them enrich academic programs, improve operating standards, gain visibility into their finances, and enhance communication amongst the various university departments.
About University of Arkansas for Medical Sciences
The University of Arkansas for Medical Sciences (UAMS) is part of the University of Arkansas System. UAMS has about 2,320 students in six academic units: the Colleges of Medicine, Pharmacy, Nursing, Health Related Professions, and Public Health and the Graduate School. UAMS also has more than 690 resident physicians completing their training at UAMS or at one of the seven Area Health Education Centers around the state. UAMS is one of the largest public employers in the state with almost 9,000 employees, including nearly 1,000 physicians who provide medical care to patients at UAMS and its affiliates, Arkansas Childrens Hospital and the VA Medical Center. UAMS combines the patient care resources of a state-of-the art hospital and outpatient center with the Arkansas Cancer Research Center, Harvey and Bernice Jones Eye Institute, Donald W. Reynolds Institute on Aging, Myeloma Institute for Research and Therapy, and Jackson T. Stephens Spine & Neurosciences Institute. The outreach efforts of UAMS include seven Area Health Education Centers (AHECs) in Fayetteville, Pine Bluff, El Dorado, Texarkana, Fort Smith, Jonesboro, and Helena, Ark.; networks of senior health centers and centers for young children with special health care needs; and interactive video education and medical consultation services to community hospitals around the state. UAMS is the states largest basic and applied research institution, with more than $107 million in annual research funding, grants and contracts and internationally renowned programs in multiple myeloma, aging, cancer and other areas. UAMS and its affiliates, Arkansas Childrens Hospital and the Central Arkansas Veterans Healthcare System have a total economic impact in Arkansas of about $4.4 billion per year. UAMS receives less than 11 percent of its funding from the state. Its operation is funded by payments for clinical services (64 percent), grants and contracts (18 percent), philanthropy and other (5 percent), and tuition and fees (2 percent). More information about University of Arkansas for Medical Sciences can be found at www.uams.edu.
About HCG Software
HCG Software, LLC is an application software company with its headquarters in Portland, Oregon. HCGPrevision provides a robust Business Performance Management application that is fully integrated for Reporting, Analytics, Benchmarking, Budgeting and Forecasting. Built on a single-store SQL Server enterprise database and seamlessly integrated with Excel, it is a feature-rich application based on 100% .NET managed code. More information about HCG Software products and services can be found at www.hcgsoftware.com.