Ellucian Introduces New Product at EDUCAUSE: Institutional Performance Management
This week, at EDUCAUSE 2013, Ellucian debuts their new product, Institutional Performance Management (IPM) which organizes and reports on key performance data to help college and university leaders reach their institutional goals. Higher-ed leaders are under tremendous pressure to be accountable for performance, as changes to enrollment, budges, and funding structures are affecting how institutions are managed.
Ellucian’s IPM product unifies performance reporting by providing forty-five higher-education specific metrics and key performance indicators (KPIs) measuring objectives in the areas of academics, accountability, advancement and alumni relations, enrollment, finance and administration, recruiting and admissions, student services and student life, and workforce management. The product also supports data and metrics added from other Ellucian or non-Ellucian sources.
From the press release, Thomas Danford, CIO, Tennessee Board of Regents (TBR), spoke about the product:
“Tennessee was the first state in the union to link state funding with student outcomes,” said Danford. “Ellucian’s IPM solution will allow us to deliver critical management capabilities to all 19 colleges and universities in our system to ensure that every decision about resource allocation is viewed through the lens of its impact on student outcomes. And we can augment the tools easily as new metrics are developed.”
To build this product, Ellucian partnered with Nuventive® and Microsoft®, incorporating Nuventive’s collaborative planning and outcomes assessment products, and leveraging the familiar Microsoft SharePoint interface, enabling broad engagement of faculty and staff.
Ellucian’s Senior VP and Chief Product Officer, Mark Jones said:
“Ellucian Institutional Performance Management lets campus leaders unlock their data and use it to drive real performance improvements in operations, learning outcomes, student success, and other strategic institutional goals,” said Mark Jones, senior vice president and chief product officer, Ellucian. “It uniquely enables system offices and institutions with a way to align everyone around strategic initiatives to address today’s ultra-fast changing landscape and increased external demands.”
Ellucian Institutional Performance Management will be demonstrated at the Ellucian booth #501 at the EDUCAUSE annual conference in Anaheim, Oct 15-18. For more information, visit http://www.ellucian.com/Solutions/Ellucian-Institutional-Performance-Management or click here to view a short video.
Sheri Cheng is a former science teacher and tech director at an urban charter school in Boston with a penchant for 7th grade humor. Sheri is the Editor-in-Chief and Director of Operations at EdTech Times, keeping on top of day-to-day news in educational technology and entrepreneurship.