Tuesday, July 8, 2014

Kscope14 Highlights

One of the more exciting bits of news from KScope14 is the confirmation that HFM 11.1.2.4 - due out "by the end of the year, but subject to change" - will include the ability to run on a Linux server. Most users don't care whether the server is Windows or Linux or whatever, they just want the software to run and run quickly. Oracle said the benchmarking they're doing during development is showing real improvements in speed. Assuming everything works (assets equaling liabilities + equity, etc.) then that will be a definite reason for upgrading. Many customers tend not to upgrade - if it's not broken then don't fix it - but if this upgrade gives everyone more time (think every consolidation, calculation, intercompany matching report, etc. being faster) then an upgrade will definitely be in order. We'll have to see how it looks when it comes out.