What is V4?

Who is a typical V4 customer?

What business problems can V4 solve?

What makes V4 unique?

What is multidimensional functionality?

Can V4 handle complex financial analysis and reporting?

Does V4 use a rules-based methodology?

Is V4 easy to use?

What resource utilization can we expect from V4?

Can we outsource V4 and use it on an as needed basis?

What will knowing V4 do for my resume?

How do I get more information?

 

 

1. What is V4?

V4 is an Enterprise Application Integration (EAI) solution that enables business users to perform robust forecasting and strategic data analyses on enterprise data, independent of platforms, database systems or other data sources. Using business intelligence, multidimensional processing and knowledge management functionality, V4 analyzes data in an unlimited number of dimensions, creating "what ifs" and performing "drill downs" for more specific information. Operating as a single point of connectivity, V4 seamlessly integrates large volumes of data throughout the enterprise, including ERP systems, customized legacy applications, data warehouses, e-commerce processes and other data sources.
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2. Who is a typical V4 customer?

A typical V4 customer is any large multinational company with voluminous amounts of data residing in multiple databases, legacy systems, data warehouses, client server environments, Internet, and e-commerce transactions. The V4 product can be used across multiple industry types. Companies, who have recently implemented an ERP or those who have one installed, typically realize the need for integrating enterprise data. These companies are looking to bring together disparate data and are prime candidates for V4.
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3. What business problems can V4 solve?

V4 operates on the desktop and includes a complete set of statistical formulas, which can be applied to support any level of complexity needed to assess the demands of multiple industries. The V4 results are presented in an easily customizable business model and format that is familiar to most business users; a Microsoft Excel spreadsheet that is expanded to incorporate additional V4 commands. Enabling corporate decision makers to quickly analyze extensive and historical business data, and creating "what if" scenarios, V4 is used in a variety of enterprise-wide applications that include:

  • Financial Reporting & Budgeting
  • Strategic Planning
  • Sales Forecasting
  • Statistical Analysis
  • Materials Planning
  • Financial Planning
  • Market Share Analysis
  • Fleet Maintenance

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4. What makes V4 unique?

V4's uniqueness is in its ability to provide contextual processing which enables the V4 user to research and access data similar to the way people think and reason about that data. V4 interprets requests and data according to the requestor. For example, year-to-date might mean seasonal to a marketing manager, and fiscal to a financial person. The role of contextual processing in conjunction with multidimensional functionality allows users of V4 to elegantly solve many complex strategic data analysis problems.

The diagram above represents two disparate systems. Each references a data field named "year-to-date." For system A, "year-to-date" may be defined seasonal, and for system B it may be defined as fiscal. V4 can reside between these two systems and translate the value appropriately for each system's context.

The contextual processing capability inherent in V4 enables users to think conceptually about the problem, not about how data is represented and stored.
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5. What is multidimensional functionality?

V4 is based on the concept of multiple dimensions. A dimension is any type of concept or view that you may wish to represent. For example, some typical enterprise dimensions are time, measures, products, geographical regions, sales channels, etc. Multidimensional views, unlike traditional two-dimensional views are much less restrictive for data access, and provide the essential foundation for analytical processing and strategic decision analysis. V4 operates a virtually unlimited number of dimensions. Its multidimensional functionality offers users, the ability to analyze data across any dimension, in context, and at any level of aggregation quickly and easily.
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6. Can V4 handle complex financial analysis and reporting?

V4 is the ideal solution for complex financial analysis and reporting. Multiple dimensions (variables) can be defined for company, department, profit center, general ledger account, forecast, budget, currency, etc. Reports for any combination of dimensions can be easily generated. New budgets can be quickly formulated with general rules and filled in by departmental users with specific facts. Different revisions can be maintained. "What if" analyses can be developed and then run on any subset of the data. Enterprise data from any number of sources can be evaluated and V4's financial analysis functions can be applied for comparison and optimization. All statistical formulas and algorithms are included within the V4 internal modules.
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7. Does V4 use a rules-based methodology?

V4 incorporates facts, rules, and procedures seamlessly in order to provide the high level of integration needed to answer real world inquires. It is no longer sufficient to simply report back on data or sums of data; financial, statistical, and industry specific models. V4 employs human reasoning supported by a rules-based model for complex and strategic data analysis.
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8. Is V4 easy to use?

For the business user, V4 operates at the desktop level, with Microsoft Excel, a tool that is familiar to most corporate users. MKS has enhanced Microsoft Excel by supplying more robust functionality on the form of drop down windows, giving Excel users the ability to bypass Excel's row and column limitations. Macros are be used to guide users through any necessary setups. Specific routines can be easily incorporated into the Excel menu structure. Users can perform what-if analysis and drill-down operations directly from within Excel.

For the developer, the V4 product incorporates an underlying structure of multidimensional functionality, contextual processing and knowledge management in order to access data. The V4 developer must be able to understand these concepts and be able to access data stored in multiple systems, databases and across multiple platforms. Therefore, the V4 developer should be extremely knowledgeable, with an application developer background, database or data administrator. Once the data is captured the developer can interface the data model to the Excel spreadsheet for use by the business analysis or planner. Companies having limited IT resources can take advantage of the MKS V4 model management program to stay current with changing business conditions.
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9. What resource utilization can we expect from V4?

With V4, a small set of six to ten rules has the power to collect and process large volumes of data from many data sources throughout the enterprise. Operating as a single point of connectivity, V4 seamlessly integrates large volumes of data throughout the enterprise, including ERP systems, customized legacy applications, data warehouses, e-commerce processes and other data sources. For example, V4 can access 50,000 records per second, stored in a multidimensional V4 database, on an average-sized PC, which represents a billion records in less than 6 hours.
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10. Can we outsource V4 and use it on an as needed basis?

Yes. V4 is procured as one of two options:

(a) A software product that is installed at a prospects' location. MKS will provide implementation and training assistance.

(b) As a consulting service that can be utilized by any corporation looking for enterprise integration, and who wants to outsource the services as a project. In this case, the software will not be installed at the site and MKS support services will perform the enterprise data access. The results will be presented in Excel spreadsheets for business users to do "drill downs" and "what ifs" for complex strategic data analyses.
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11. What will knowing V4 do for my resume?

V4 and its enterprise integration, business intelligence and multidimensional capabilities will have a positive impact on your resume, for the following reasons:

The V4 solution is an Enterprise Application Integration (EAI) product. EAI is a set of technologies that allows the movement and exchange of information between different applications and business processes within and between organizations. According to International Data Corporation, the EAI market is growing at a rate of nearly 50% a year. It is expected to total $800 million in 2011. Cross-enterprise integration directly impacts how an organization markets and sells, leads to more efficient production and enables companies to reposition themselves to take advantage of new capabilities while outmaneuvering the competition.
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12. How do I get more information?

Contact the MKS staff by email at sales@mksinc.com or by phone at 888-PICK-MKS (742-5657.) We look forward to discussing with you, how V4 can assist your organization.
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