It’s an amazing feeling as we gear up to celebrate Octane’s 5th anniversary. What started as an idea and nurtured by me and my senior leaders is fast transforming into an established and growing enterprise. Five years is usually a significant milestone in a startup’s life as it pushes you into a grown-up zone. It’s been an exciting journey and the pandemic indeed threw some curveballs at us. From Macquarie to Octane I am often asked about the motivation to resign from Macquarie Group to start Octane. Macquarie was an excellent learning ground to nurture one’s entrepreneurial fire. I found a ...

Octane Software Solutions is a cutting edge technology and services provider to the Office of Finance. Octane is partnered with vendors like IBM and BlackLine to provide AI-based solutions to help finance teams automate their processes and increase their ability to provide business value to the enterprise. Qubedocs is an automated IBM Planning Analytics documenter. It generates automated documentation within minutes and ensures compliance and knowledge management within your organisation. So, we're excited to announce our partnership with QUBEdocs - a solution that takes the resources and ...

We have made it easier for your users to access Planning Analytics with Watson (TM1) Training.   This week we launched our online training for Planning Analytics with Watson PAW and PAX; available online in instructor-led, 4-hour sessions.    Planning Analytics with Watson (TM1) Training This training provides the ideal time for you to spend some of your allocated training budgets; often assigned but never utilised on something that you can actually apply in your workplace. We have made it easy for you to book your training online in a few easy steps. IBM has been consistently improving and ...

Have all the data but not the full picture ? Business Intelligence is not a software application but rather  concept of accelerating and improving decision making; optimizing internal business processes; increasing operational efficiency; driving new revenues; and gaining competitive advantages over business rivals. BI systems should help companies identify market trends and spot business problems that need to be addressed. It encompasses displaying historical data as well as new data as its generated from source systems enabling analysis to support both tactical and strategic decision making ...

Starting 1 April 2021, "with Watson" will be added to the name of the IBM Planning Analytics solution. IBM® Planning Analytics with Watson will be the official product name represented on the IBM website, in the product login and documentation, as well as in marketing collateral. However, IBM TM1® text will be maintained in descriptions of planning analytics' capabilities, differentiators and benefits.   What is the "Watson" in Planning Analytics with Watson? The cognitive help feature within Planning Analytics with Watson is the help system used in IBM Planning Analytics Workspace (Cloud). ...

    The much awaited major release of Workspace is out now. The new version Planning Analytics Workspace 2.0.57 is available for download for on premise installs. Cloud version will follow in Mid October. Planning Analytics Workspace was released on 11th December 2015. This new look and feel and the features like workflow, AI forecasting, the rich visualisations and virtual dimensions + the features TM1 was born with - the write back, On the fly Consolidations and excel integration will now take TM1 to the next level... TM1 is putting the final nail in the coffin for its competitors!   Here ...

2020 has been an interesting year for us !     Celebrations This month Octane celebrates our 4th anniversary. Never imagined that we would be celebrating with our team members across different geographies via online gifts and Teams meetings. Normally we fly in all our team members to one location for the weekend and have a great time bonding. However with the global pandemic we had to adapt as the rest of the world is. The journey so far On the whole, reflecting back on the journey so far on our anniversary 2020 certainly has thrown in an riveting challenge. Having started from a small shared ...

In light of the heightened level of concern related to the spread of Coronavirus (COVIS-19) we want to provide an update on the actions Octane is taking to safeguard the health-being of our clients, our associates and their families. All of our 7 offices around Australia, India and Middle East are continuing to serve the needs of our clients. For your and our safety we are following the guidelines in respective countries public health authorities. We are monitoring the situation daily and continue to take guidance from public health authorities. There are number of steps we have taken as part ...

  Octane turned 3 this year and to put icing on the cake Octane just attained the status of IBM Gold Business Partner. Sounds a bit of founder’s cliche, however it really has been an extraordinary journey. It all started with a passion to fill a gap in the market. Biggest task though was building a team that is equally passionate and sold on the idea of transforming how a vendor could play a more strategic role in partnering with clients to shape their Data and Business Intelligence objectives to deliver actionable insights. After having interacted with most of the vendors in this space over ...

IBM Planning Analytics (TM1) vs Anaplan There has been a lot of chatter lately around IBM Planning Analytics (powered by TM1) vs Anaplan. Anaplan is a relatively new player in the market and has recently listed on NYSE. Reported Revenue in 2019 of USD 240.6M (interestingly also reported an operating loss of USD 128.3M). Compared to IBM which has a 2018 revenue of USD 79.5 Billion (there is no clear information on how much of this was from the Analytics area) with a net profit of 8.7 b). The size of global Enterprise Performance Management (EPM) is around 3.9 Billion and expected to grow to ...