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MindStream Introduces PlanningXtream for Oracle Planning and Budgeting Cloud Service

MindStream Analytics introduces PlanningXtream for Oracle Planning and Budgeting Cloud Service, which enables organizations of all sizes to quickly adopt world-class planning and budgeting applications with no CAPEX infrastructure investments, driving market-leading functionality beyond finance across the enterprise with flexible deployment options and virtually no learning curve

Boston, MA - MindStream Analytics, a leading consulting and managed services solution provider and a Gold-level member of Oracle PartnerNetwork, announced the release of PlanningXtream, the company's latest rapid deployment service, today.

The new service leverages the company's years of enterprise performance management (EPM) experience and proven implementation methodology to provider faster time to value, lower risk, and reduce complexity for companies implementing Oracle Planning and Budgeting Cloud Service, Oracle's new cloud-based EPM solution.

For companies reliant on spreadsheets or legacy planning and budgeting solutions or those seeking to deploy a new planning solution, but have been limited by IT resources and budget, the Planning and Budgeting Cloud Service solution offers a new alternative, and PlanningXtream poises MindStream as a leading provider.

With PlanningXtream, MindStream can provide key functionality to financial planning and analysis (FP&A) units in an average of eight weeks, as opposed to implementations that can take months or years. With its defined scope, predictable timelines and known up-front costs, companies using PlanningXtream will be able to minimize risk while avoiding the long, expensive commitment and limited user engagement often associated with traditional on-premise implementations. Planning Xtream includes managed services support after go-live for those companies requiring application support and administration.

"MindStream has been delivering EPM in the cloud since the availability of these solutions more than five years ago," said Alex Ladd, MindStream Senior Partner and Chief Executive Officer, "We are looking forward to continuing to help companies fast-track their way to financial planning and budgeting in the cloud with Oracle Planning and Budgeting Cloud Service, built on the same proven, world-class functionality of Oracle Hyperion."

• 20.5.16