As information flows more freely in the business world, decisions need to be made quicker and based on sturdier data. The analytical capability that was once reserved for large enterprises has now permeated the world of Small to Medium Businesses (SMBs) and provided a solid foundation of visibility into what really matters to these companies.
Tavant Technologies Business Intelligencevictorkyler
Tavant is a global IT solutions and services provider that offers business intelligence (BI) services and customized solutions. They have expertise in developing large, complex BI solutions across many industries using technologies like Oracle, MySQL, SQL Server, Informatica, and MicroStrategy. Their BI services include designing BI strategies, managing BI operations, improving data quality, and implementing cutting-edge technologies to analyze large volumes of structured and unstructured data. Tavant aims to deliver business critical data and insights to customers consistently through an agile development approach and proven track record.
Tavant BI Capabilities: Architect and design large complex BI solutions tailored to meet your needs
Build/refine BI Strategy, including Roadmap creation and Budgeting
24x7 monitoring for business critical BI applications
Improve data quality by identifying/improving and automating data testing processes
Implement cutting edge technologies to process large volumes of structured and unstructured data
Execute architecture, technology and performance assessment of existing BI solutions
This document discusses how business intelligence (BI) can help mid-sized organizations improve decision making. It provides examples of signs an organization may need BI, such as disagreements over data or inability to perform in-depth analysis. BI allows organizations to integrate data from various sources to get a complete view. It can be used to track key metrics, identify trends, and ensure regulatory compliance. The document outlines important components and benefits of BI, as well as factors to consider when selecting BI products and vendors, such as ease of use, scalability, and training capabilities.
1. 1KEY connects to Tally databases and allows users to easily create dynamic reports to analyze accounting and inventory data for better business decision making.
2. Users can generate canned reports from Tally data in 1KEY for sales, purchases, stock, expenses, and other categories to analyze at the individual company or group level.
3. 1KEY provides interactive data analysis capabilities that allow ad-hoc reporting without programming, unlike default Tally reporting which requires developer intervention for complex reports.
Presentation on Business Requirements gathering for Business Intelligence from our BI Practice Lead. Detailed instruction on how to maximize your time in gathering requirements and ensure you capture what is important to the user. Requirements gathering is critical to the success of a BI project.
The document provides guidance on creating and maintaining effective business partnerships in the information technology industry, outlining strategies for establishing relationships with key decision makers, leveraging sales teams, developing engagement plans, and tracking partnerships using a relationship management system to identify problems and generate revenue leads. It also includes examples of IBM's approach to sales, marketing, communications, and channel enablement to support partnerships. The goal is to help technology providers identify partners' capabilities and competitively pursue major procurements.
Syntelli Solutions provides business intelligence, reporting, analytics, and performance management solutions using products like Spotfire, Tableau, Oracle Hyperion, and Oracle Crystal Ball. They have over 150 years of collective experience implementing core business systems. Their solutions are aimed at helping clients take control of their businesses through improved data-driven decision making.
Tavant Technologies Business Intelligencevictorkyler
Tavant is a global IT solutions and services provider that offers business intelligence (BI) services and customized solutions. They have expertise in developing large, complex BI solutions across many industries using technologies like Oracle, MySQL, SQL Server, Informatica, and MicroStrategy. Their BI services include designing BI strategies, managing BI operations, improving data quality, and implementing cutting-edge technologies to analyze large volumes of structured and unstructured data. Tavant aims to deliver business critical data and insights to customers consistently through an agile development approach and proven track record.
Tavant BI Capabilities: Architect and design large complex BI solutions tailored to meet your needs
Build/refine BI Strategy, including Roadmap creation and Budgeting
24x7 monitoring for business critical BI applications
Improve data quality by identifying/improving and automating data testing processes
Implement cutting edge technologies to process large volumes of structured and unstructured data
Execute architecture, technology and performance assessment of existing BI solutions
This document discusses how business intelligence (BI) can help mid-sized organizations improve decision making. It provides examples of signs an organization may need BI, such as disagreements over data or inability to perform in-depth analysis. BI allows organizations to integrate data from various sources to get a complete view. It can be used to track key metrics, identify trends, and ensure regulatory compliance. The document outlines important components and benefits of BI, as well as factors to consider when selecting BI products and vendors, such as ease of use, scalability, and training capabilities.
1. 1KEY connects to Tally databases and allows users to easily create dynamic reports to analyze accounting and inventory data for better business decision making.
2. Users can generate canned reports from Tally data in 1KEY for sales, purchases, stock, expenses, and other categories to analyze at the individual company or group level.
3. 1KEY provides interactive data analysis capabilities that allow ad-hoc reporting without programming, unlike default Tally reporting which requires developer intervention for complex reports.
Presentation on Business Requirements gathering for Business Intelligence from our BI Practice Lead. Detailed instruction on how to maximize your time in gathering requirements and ensure you capture what is important to the user. Requirements gathering is critical to the success of a BI project.
The document provides guidance on creating and maintaining effective business partnerships in the information technology industry, outlining strategies for establishing relationships with key decision makers, leveraging sales teams, developing engagement plans, and tracking partnerships using a relationship management system to identify problems and generate revenue leads. It also includes examples of IBM's approach to sales, marketing, communications, and channel enablement to support partnerships. The goal is to help technology providers identify partners' capabilities and competitively pursue major procurements.
Syntelli Solutions provides business intelligence, reporting, analytics, and performance management solutions using products like Spotfire, Tableau, Oracle Hyperion, and Oracle Crystal Ball. They have over 150 years of collective experience implementing core business systems. Their solutions are aimed at helping clients take control of their businesses through improved data-driven decision making.
Slide notes for "The Rise of Self-service Business Intelligence"skewdlogix
These notes are for “The Rise of Self-service Business Intelligence” at the second annual Data Management Conference (DMC) – Canada in Edmonton, AB – DAMA Edmonton – September 2016.
The document discusses strategies for implementing on-demand management information systems (MIS) reporting using 1KEY MIS Reporting Tool. It recommends five strategies: 1) understanding the needs of all business users, 2) relying on a single source of truthful data, 3) establishing a data quality center, 4) unlocking data from transaction systems for reporting, and 5) performing analysis in-house rather than outsourcing. For each strategy, it describes how 1KEY offers solutions like flexible reporting, data integration, and predefined reports and metrics. The document promotes 1KEY as providing affordable and easy-to-use business intelligence reporting solutions that can access and transform data from any source.
The document discusses how The Conroy Group helps clients make the most of their information assets. It summarizes that [1] customers are sharing more information than ever but companies often don't track important metrics or customer journeys, [2] The Conroy Group provides strategic consultancy, data mining capabilities, and help implementing data intelligence into operations to realize financial benefits for clients, and [3] their approach provides rapid insights, short investment cycles, and hands-on governance to design data solutions that improve sales, marketing, operations and management information.
Christophe Lemaire, CIO at Eurostar - Welcome to Enterprise Business Intellig...Global Business Events
Eurostar is embarking on a business intelligence and information exploitation strategy to address current issues. They lack a single customer view, have poor visibility of bookings and revenue from multiple systems, and limited ability to produce insights from siloed data. Eurostar consulted experts and conducted studies across business areas to identify requirements. The proposed solution includes data transformation, an enterprise data repository, dashboards and reports. Key challenges are deciding project scope, gaining a common understanding of BI, and identifying sponsors. Success requires linking the project to an overall information systems strategy and not expecting BI to solve input data quality issues.
This document outlines Oracle's product direction for driving management excellence through its EPM&BI solutions. It discusses Oracle's framework for achieving management excellence, which includes rationalizing management systems, integrating systems with operational systems, and sharing insights across the extended enterprise. The document also summarizes Oracle's complete, open, and integrated capabilities for performance management and business intelligence.
This document discusses how companies can drive big results through integrated insights from big data. It argues that companies need actionable insights to stay ahead of changing markets and meet rising customer expectations. The digital revolution is generating exponential growth in data, yet many companies struggle to manage this information. The document advocates for an optimal data management solution that integrates trusted data from multiple sources and delivers it in real-time to power business decisions. Successful customer intelligence requires analyzing customer data from all touchpoints to inform marketing strategies.
Analytics applications are designed to measure, predict, and optimize business performance; they are used to analyze specific data related to particular aspects of a business. This paper discusses how Pivotal CRM Analytics can help companies across a range of industries improve their effectiveness through practical, low-cost CRM analytics applications.
1) Business analytics can unlock the power of data and analytics by transforming insight into income, but many organizations struggle to realize this value due to challenges in managing and analyzing vast amounts of data.
2) Organizational silos often prevent companies from making the best use of big data and analytics across end-to-end processes. To address this, companies need a single, enterprise-wide view of data.
3) The best way to achieve a consistent view of data is through a centralized analytics function that provides analytics as a managed service across the business. This function could be an internal shared service center or outsourced through business process outsourcing.
The document is an issue of the SAP Executive Insight Paper that discusses how real-time analytics are enabling high-resolution management by removing bottlenecks, rethinking businesses, and driving innovative products and services through granular insights. It provides an overview of SAP's database and analytics strategies and products, including predictive analysis and SAP HANA, and how customers are using these technologies to transform industries and business models. The paper also includes a tool to assess readers' business intelligence strategies and highlights upcoming SAP events.
Business Process Analytics Unlocking the Power of Data and Analytics: Transfo...Capgemini
According our 2012 survey with the the Economist Intelligence Unit, one of the biggest impediments to effective decision making using big data is a shortage of skilled analysts. Capgemini’s BPO Analytics solution can help fill this gap with a centrally-operated managed service that provides the expertise and tools to analyze and interpret trends within and across business processes. We have a team of professionals with both analytical skills and domain expertise along with a flexible, multi-purpose technology platform to convert multiple sources of unstructured data into one structured view. This combination provides clients with a centralized function for transforming vast amounts of data into meaningful insights.
Logica is a leading IT and business services company operating globally with 39,000 employees across 36 countries. It provides business consulting, systems integration, and outsourcing services. Logica works closely with customers to help them increase efficiency, accelerate growth, and manage risk through applying industry knowledge, technical excellence, and global delivery expertise. Logica is listed on the London Stock Exchange and Euronext. More information is available at www.logica.com.
This document summarizes a project between Vistex, SAP, and IBM to use SAP HANA for real-time profitability analytics. The traditional approach of replicating operational data to data warehouses for reporting was slow. With SAP HANA, a proof of concept showed gross-to-net profitability reports could be generated in under one second using 20 million transaction records, versus the minutes required traditionally. The in-memory capabilities of SAP HANA enabled fast, detailed analysis without pre-aggregation.
Unica Detect provides a solution for event-based marketing that allows financial institutions to detect patterns in customer transaction data and other behaviors. This enables opportunities like reducing churn, cross-selling, fraud detection, and personalizing the customer experience. While banks have more customer data than ever, integrating diverse systems and making sense of large datasets presents challenges. Unica Detect uses an open and adaptable system to overcome these challenges and power behavior-based marketing actions.
Quantix Marketing Consulting Romania Corporate OverviewCosmin Nae
This document summarizes Quantix Marketing Consulting, a young company that provides market research and strategic consulting services. It outlines their team of experienced professionals, flexible boutique structure, and partnership business model. Quantix works closely with clients to understand their issues, design appropriate research, ensure valid results, and provide actionable insights. Their goal is to go beyond typical reports and offer bundled research, consulting, and strategic services to help organizations make better decisions with their marketing budgets.
Parke - Using Data To Become Customer CentricShep Parke
This document discusses using customer data to become a customer-centric organization. It recommends taking a structured approach to determine data needs, including defining objectives, reviewing internal customer data, identifying gaps, and supplementing with third-party data if needed. Quality data is key to better understand customers and personalize experiences. Leaders focus data efforts on the most valuable customers and manage results to improve business metrics and strategic goals.
1) The document discusses how BusinessIntelligenze provides business intelligence solutions like dashboards to help organizations make data-driven decisions and gain insights into key business metrics.
2) Key benefits of BusinessIntelligenze's platform include increasing revenue, driving profitability, and reducing operating costs by integrating business processes and tying together internal and external data.
3) The case study highlights how predictive analysis of customer lifecycles helped a company increase customer loyalty and decrease churn, while also lowering customer service costs.
Business Intelligence for Consumer Products: Actionable Insights for Business...FindWhitePapers
While historically consumer packaged goods (CPG) organizations have made significant investments in data collection and integration, much of the data stored in their IT infrastructures has not been analyzed or deployed to further the firms business performance.
Leverage IBM Business Analytics with PMSquarePM square
This document discusses how business intelligence (BI) solutions can meet the analysis needs of different types of business users. It provides an overview of common business questions around performance, factors influencing it, and necessary actions. The document then maps these questions to BI capabilities for reporting, analytics, trend analysis, modeling and planning that can provide insights. It argues that empowering all users with analysis can help address issues more quickly and make better decisions. An example shows how understanding production shortfalls and their drivers allows modeling scenarios to avoid future shortages.
This document discusses how business leaders must be able to access and analyze internal business data quickly to gain insights that support better decision-making. It states that data alone does not create impacts; data must be analyzed and visualized to derive insights. When organizations align their resources and processes around these fact-based insights, they can respond to the market effectively and profitably. The document introduces the "House in Order" process which helps companies obtain rapid, actionable insights from their internal data to improve performance.
Business Intelligence is more than a fad. But to embrace it requires a significant commitment.
Every competitive business recognizes the power in knowledge. The definition of “knowledge” is both subjective and obscure. All too often, a business is unable to succinctly express what information it wants and what it will do with this information. Many earnest efforts are made to develop effective data reporting resources. The most common mistakes are costly, time consuming and wasteful.
Slide notes for "The Rise of Self-service Business Intelligence"skewdlogix
These notes are for “The Rise of Self-service Business Intelligence” at the second annual Data Management Conference (DMC) – Canada in Edmonton, AB – DAMA Edmonton – September 2016.
The document discusses strategies for implementing on-demand management information systems (MIS) reporting using 1KEY MIS Reporting Tool. It recommends five strategies: 1) understanding the needs of all business users, 2) relying on a single source of truthful data, 3) establishing a data quality center, 4) unlocking data from transaction systems for reporting, and 5) performing analysis in-house rather than outsourcing. For each strategy, it describes how 1KEY offers solutions like flexible reporting, data integration, and predefined reports and metrics. The document promotes 1KEY as providing affordable and easy-to-use business intelligence reporting solutions that can access and transform data from any source.
The document discusses how The Conroy Group helps clients make the most of their information assets. It summarizes that [1] customers are sharing more information than ever but companies often don't track important metrics or customer journeys, [2] The Conroy Group provides strategic consultancy, data mining capabilities, and help implementing data intelligence into operations to realize financial benefits for clients, and [3] their approach provides rapid insights, short investment cycles, and hands-on governance to design data solutions that improve sales, marketing, operations and management information.
Christophe Lemaire, CIO at Eurostar - Welcome to Enterprise Business Intellig...Global Business Events
Eurostar is embarking on a business intelligence and information exploitation strategy to address current issues. They lack a single customer view, have poor visibility of bookings and revenue from multiple systems, and limited ability to produce insights from siloed data. Eurostar consulted experts and conducted studies across business areas to identify requirements. The proposed solution includes data transformation, an enterprise data repository, dashboards and reports. Key challenges are deciding project scope, gaining a common understanding of BI, and identifying sponsors. Success requires linking the project to an overall information systems strategy and not expecting BI to solve input data quality issues.
This document outlines Oracle's product direction for driving management excellence through its EPM&BI solutions. It discusses Oracle's framework for achieving management excellence, which includes rationalizing management systems, integrating systems with operational systems, and sharing insights across the extended enterprise. The document also summarizes Oracle's complete, open, and integrated capabilities for performance management and business intelligence.
This document discusses how companies can drive big results through integrated insights from big data. It argues that companies need actionable insights to stay ahead of changing markets and meet rising customer expectations. The digital revolution is generating exponential growth in data, yet many companies struggle to manage this information. The document advocates for an optimal data management solution that integrates trusted data from multiple sources and delivers it in real-time to power business decisions. Successful customer intelligence requires analyzing customer data from all touchpoints to inform marketing strategies.
Analytics applications are designed to measure, predict, and optimize business performance; they are used to analyze specific data related to particular aspects of a business. This paper discusses how Pivotal CRM Analytics can help companies across a range of industries improve their effectiveness through practical, low-cost CRM analytics applications.
1) Business analytics can unlock the power of data and analytics by transforming insight into income, but many organizations struggle to realize this value due to challenges in managing and analyzing vast amounts of data.
2) Organizational silos often prevent companies from making the best use of big data and analytics across end-to-end processes. To address this, companies need a single, enterprise-wide view of data.
3) The best way to achieve a consistent view of data is through a centralized analytics function that provides analytics as a managed service across the business. This function could be an internal shared service center or outsourced through business process outsourcing.
The document is an issue of the SAP Executive Insight Paper that discusses how real-time analytics are enabling high-resolution management by removing bottlenecks, rethinking businesses, and driving innovative products and services through granular insights. It provides an overview of SAP's database and analytics strategies and products, including predictive analysis and SAP HANA, and how customers are using these technologies to transform industries and business models. The paper also includes a tool to assess readers' business intelligence strategies and highlights upcoming SAP events.
Business Process Analytics Unlocking the Power of Data and Analytics: Transfo...Capgemini
According our 2012 survey with the the Economist Intelligence Unit, one of the biggest impediments to effective decision making using big data is a shortage of skilled analysts. Capgemini’s BPO Analytics solution can help fill this gap with a centrally-operated managed service that provides the expertise and tools to analyze and interpret trends within and across business processes. We have a team of professionals with both analytical skills and domain expertise along with a flexible, multi-purpose technology platform to convert multiple sources of unstructured data into one structured view. This combination provides clients with a centralized function for transforming vast amounts of data into meaningful insights.
Logica is a leading IT and business services company operating globally with 39,000 employees across 36 countries. It provides business consulting, systems integration, and outsourcing services. Logica works closely with customers to help them increase efficiency, accelerate growth, and manage risk through applying industry knowledge, technical excellence, and global delivery expertise. Logica is listed on the London Stock Exchange and Euronext. More information is available at www.logica.com.
This document summarizes a project between Vistex, SAP, and IBM to use SAP HANA for real-time profitability analytics. The traditional approach of replicating operational data to data warehouses for reporting was slow. With SAP HANA, a proof of concept showed gross-to-net profitability reports could be generated in under one second using 20 million transaction records, versus the minutes required traditionally. The in-memory capabilities of SAP HANA enabled fast, detailed analysis without pre-aggregation.
Unica Detect provides a solution for event-based marketing that allows financial institutions to detect patterns in customer transaction data and other behaviors. This enables opportunities like reducing churn, cross-selling, fraud detection, and personalizing the customer experience. While banks have more customer data than ever, integrating diverse systems and making sense of large datasets presents challenges. Unica Detect uses an open and adaptable system to overcome these challenges and power behavior-based marketing actions.
Quantix Marketing Consulting Romania Corporate OverviewCosmin Nae
This document summarizes Quantix Marketing Consulting, a young company that provides market research and strategic consulting services. It outlines their team of experienced professionals, flexible boutique structure, and partnership business model. Quantix works closely with clients to understand their issues, design appropriate research, ensure valid results, and provide actionable insights. Their goal is to go beyond typical reports and offer bundled research, consulting, and strategic services to help organizations make better decisions with their marketing budgets.
Parke - Using Data To Become Customer CentricShep Parke
This document discusses using customer data to become a customer-centric organization. It recommends taking a structured approach to determine data needs, including defining objectives, reviewing internal customer data, identifying gaps, and supplementing with third-party data if needed. Quality data is key to better understand customers and personalize experiences. Leaders focus data efforts on the most valuable customers and manage results to improve business metrics and strategic goals.
1) The document discusses how BusinessIntelligenze provides business intelligence solutions like dashboards to help organizations make data-driven decisions and gain insights into key business metrics.
2) Key benefits of BusinessIntelligenze's platform include increasing revenue, driving profitability, and reducing operating costs by integrating business processes and tying together internal and external data.
3) The case study highlights how predictive analysis of customer lifecycles helped a company increase customer loyalty and decrease churn, while also lowering customer service costs.
Business Intelligence for Consumer Products: Actionable Insights for Business...FindWhitePapers
While historically consumer packaged goods (CPG) organizations have made significant investments in data collection and integration, much of the data stored in their IT infrastructures has not been analyzed or deployed to further the firms business performance.
Leverage IBM Business Analytics with PMSquarePM square
This document discusses how business intelligence (BI) solutions can meet the analysis needs of different types of business users. It provides an overview of common business questions around performance, factors influencing it, and necessary actions. The document then maps these questions to BI capabilities for reporting, analytics, trend analysis, modeling and planning that can provide insights. It argues that empowering all users with analysis can help address issues more quickly and make better decisions. An example shows how understanding production shortfalls and their drivers allows modeling scenarios to avoid future shortages.
This document discusses how business leaders must be able to access and analyze internal business data quickly to gain insights that support better decision-making. It states that data alone does not create impacts; data must be analyzed and visualized to derive insights. When organizations align their resources and processes around these fact-based insights, they can respond to the market effectively and profitably. The document introduces the "House in Order" process which helps companies obtain rapid, actionable insights from their internal data to improve performance.
Business Intelligence is more than a fad. But to embrace it requires a significant commitment.
Every competitive business recognizes the power in knowledge. The definition of “knowledge” is both subjective and obscure. All too often, a business is unable to succinctly express what information it wants and what it will do with this information. Many earnest efforts are made to develop effective data reporting resources. The most common mistakes are costly, time consuming and wasteful.
This document discusses how business intelligence can benefit financial institutions. It defines business intelligence and describes how it involves collecting and analyzing data to improve business decisions. It then provides examples of how business intelligence can help various parts of the financial industry, including retail banking, insurance, and investment banking, by identifying profitable customers, optimizing marketing, reducing costs and risks, and improving customer service.
This document discusses business intelligence (BI) in financial institutions. It defines BI as gathering meaningful information to help with analysis and conclusions. An ideal BI system gives employees easy access to needed information and the ability to analyze and share it. The document contrasts traditional reporting with BI and analytic applications. It also discusses identifying BI opportunities by evaluating where it could improve decision making. The benefits of BI include improved operational and strategic decisions from timely information. The document outlines the layers of a BI infrastructure from operational data to delivering intelligence to users.
2016-09 Customer Insight Visualizations to Drive Business DecisionsPaul Santilli
The document discusses how data visualization techniques can help organizations quickly understand and act on customer insights data. As customer data volumes grow massively, visualizations provide efficient ways to interpret information and make fast decisions. Good visualizations communicate insights like customer sentiment, priorities, and performance over time in easy-to-understand formats. They allow companies to identify key areas to improve customer satisfaction without extensive data analysis. Effective visualizations tell a clear story, use simple and structured designs, and highlight important metrics and comparisons.
Why Midsize Companies Need Business Intelligence Solutions in this uncertain ...FindWhitePapers
Learn how midsize companies are putting in place a business intelligence information infrastructure - making them more likely to adhere to their budgets and deadlines, concentrate on improving the overall business rather than just one department, and reward employees accordingly.
The document discusses how companies can make advanced analytics work for them. It provides several guides for managers, including identifying the right data sources, building simple analytics models focused on business goals, and developing tools everyone can understand. While acquiring big data is important, companies must transform their culture and capabilities to develop business-relevant analytics that can optimize outcomes. Executing analytics properly requires a flexible approach and cultural shift within the organization.
Six Mistakes Companies Are Making Today And How You Can Avoid ThemFindWhitePapers
"Look for additional opportunities to use business intelligence to uncover value and drive
improvements. Consider advanced planning tools that can help close the gap between
strategy and execution. Expand the use of sophisticated what-if analyses to model the
operational and financial impact of multiple scenarios on revenue, costs, and cash flow."
Ways to Make Business Intelligence Work for Your Small BusinessSpiceworks
The document discusses how small businesses can leverage business intelligence tools to help make smarter decisions using their data. It defines business intelligence as tools that transform data into information to answer business questions. It provides examples of different types of business intelligence needs across industries and departments. It also discusses how reporting and dashboarding tools can help small businesses understand performance, reduce IT workload, and improve return on investment.
Lecture 1.13 & 1.14 &1.15_Business Profiles in Big Data.pptxRATISHKUMAR32
The presentation contain the business profiles in big data analytics. through this ppt user can learn about the different case studies such as facebook and walmart. This ppt contain the information and seven characteristics that are required to learn the basics of big data.
Big Data, Big Thinking: Untapped OpportunitiesSAP Technology
The document discusses a webinar by SAP and Ernst & Young on big data. It explores big data adoption trends, how organizations can leverage big data to improve business performance and manage risks, and common use cases across industries like retail, transportation, and government. The webinar provides guidance on how organizations can get started with big data initiatives by identifying executive sponsors, use cases, architectural gaps, and building a business case to justify investment.
Balance Sheet (Financial) ConsolidationDhiren Gala
There is always a challenge to close the accounting books quickly & publish the statutory balance sheets with profit and loss accounts statement or for that matter internal financial MIS for monthly quarterly or yearly. There are various challenges when there are group of companies, local subsidiaries, international subsidiaries, branches, strategic business units, sister concerns, joint ventures, merger, acquisitions, investment companies, SPV’s etc. data to be consolidated in single financial report.
CFO team is always under pressure to publish quarterly, half yearly and yearly statements based on Indian GAAP or US GAAP or IFRS or any other formats of publishing data. There are challenges to map and consolidate data from multiple entities, multiple accounting period and multiple currencies. Finance team lead by CFO works days and weeks on multiple spreadsheets to arrive a final statement. While doing this exercise finance team faces several challenges.
Technology can also be a barrier to close books faster. Companies that use desktop spreadsheets to manage their accounting, closing takes about 25% longer to get it done. If the company is still busy closing its books, it can and should do better. We help companies CLOSE YOUR BOOKS FASTER WITH ACCURACY AND EXTENSIVE ANALYTICS.
1KEY Financial Consolidation software is a complete data warehouse model with standard statutory reporting requirements for publishing financial statements and with extensive analytical reports. It provides financial managers the ability to rapidly close and report financial results, meet global regulatory requirements, reduce compliance costs and provide confidence in the numbers.
Accelerate closing cycle and improve the quality of data – remove the pain of consolidation of financial management & reporting cycle. Organizations that are able to close their books quickly & deliver faster & more accurate information can gain a competitive advantage in a rapidly changing market. Provide financial managers the ability to rapidly close & report financial results, meet global regulatory requirements, reduce compliance costs with trust in numbers.
CLOSE BOOKS – Faster | Error Free | with Extensive Analytics is the strategic and exclusive Financial Technologies event that presents the challenges, solutions for Financial Consolidation from industry thought leaders in an interactive knowledge-sharing environment.
This document discusses how analytics can provide competitive advantages for businesses. It explains that analytics involves translating customer, market, and company data into actions through a combination of knowledge, skills, and technology to support faster and better decision making. The document outlines several types of insights that can be gained, such as competitive insights, market insights, and business insights. It then provides examples of initial analytics projects that can be undertaken, including sales forecasting, price analysis, brand and reputation tracking, and gathering customer insights. Finally, it describes the services that AnalitiQs provides to help organizations successfully introduce and improve their analytics capabilities.
Whitepaper Business Performance Measurement For SuccessAlan McSweeney
This document discusses implementing an effective business performance measurement (BPM) framework. It begins by noting that there is often a gap between the theory of BPM and its practical measurement and implementation. The key is to start by closing this information gap.
It then outlines a BPM framework including defining key performance indicators, collecting underlying operational data, analyzing data in a data warehouse, and presenting metrics and reports. Both business and IT need to work together to define measures, collect and analyze data, and ensure the results are used for action.
With the right collaborative approach, a BPM framework can deliver real benefits like improved decision making, integrity of information, and efficiency. However, success requires addressing practical challenges and gaining
Enterprize and departmental BusinessIintelligence.pptxHemaSenthil5
Enterprise business intelligence involves collecting, storing, and analyzing business data from across an entire large organization to provide strategic insights. It uses robust, scalable tools to handle large volumes of data from different sources. The goals are to give management a comprehensive view of the business and foster a data-driven culture. Departmental BI focuses more narrowly on specific department needs, empowering teams with custom reports and self-service tools integrated with the overall enterprise strategy.
This document discusses how business intelligence (BI) solutions can empower employees with self-service access to data and analytics. It outlines challenges like unintuitive interfaces, disconnected information sources, and inflexible delivery. An effective BI solution should provide personal, team, and organizational BI to satisfy different user needs. Microsoft Dynamics AX is highlighted as a solution that offers intuitive self-service analytics, integrated data, and flexible sharing of insights throughout an organization and supply chain.
BearingPoint: Beyond the horizon of retail analyticsJari Laine
This white paper describes how business analytics can be successfully used by a retail organization. It also discusses two approaches to gain business-critical insights: hypothesis-driven and data-driven. The latter, using a modern tool like HyperCube, covers all data available and is based on facts rather than hypotheses.
The state of privacy and data security complianceFindWhitePapers
With new privacy and data security regulations increasing, organizations are asking questions. Do the new regulations help or hinder the ability to protect sensitive and confidential information? With these new regulations on the march, how can you remain competitive in the global marketplace? This report provides answers and examines how compliance efforts can impact a company's bottom line.
Is your data at risk? Why physical security is insufficient for laptop computersFindWhitePapers
The document discusses why physical security alone is insufficient to protect data on laptop computers. Passwords provide access to operating systems but not protection of data. Without encryption, data is vulnerable if a laptop is lost, stolen, or its hard drive is accessed on another machine. The document evaluates options in Microsoft Windows for encryption and recommends third-party full disk encryption software for strong protection of data on laptops.
Closing the gaps in enterprise data security: A model for 360 degrees protectionFindWhitePapers
This document discusses threats to enterprise data security and recommends best practices for 360 degree protection. It examines three scenarios of common data security threats: 1) theft of a mobile computing device, 2) losing removable media containing confidential data, and 3) insider threats from unauthorized internal access. For each scenario, it describes how the threat could impact a business and recommends encryption solutions from Sophos to minimize risks and protect data, such as SafeGuard Easy, SafeGuard PDA, SafeGuard Data Exchange, SafeGuard RemovableMedia, and SafeGuard LAN Crypt. The document advocates a holistic approach to data security across endpoints, in transit, and during use to address evolving threats in today's mobile and networked business environment.
Buyers Guide to Endpoint Protection PlatformsFindWhitePapers
Traditional markets for dedicated endpoint security products have been eclipsed by endpoint protection platforms. The Evolution of Endpoint Security featuring the Buyers Guide to Endpoint Protection Platforms explores how the traditional methods for endpoint security should evolve. In it, you'll learn how the lack of data protection can affect your bottom line and gain insight into the true costs involved in migrating and managing an endpoint security product. Finally, learn how Sophos's acquisition of Utimaco affects the security and data protection market.
VMware DRS: Why You Still Need Assured Application Delivery and Application D...FindWhitePapers
VMware Infrastructure products provide the next generation virtual platform for the new data center, but they don't virtualize the network or application delivery. F5 BIG-IP LTM works with VMware to provide truly virtualized Application Delivery Networking.
The ROI of Application Delivery Controllers in Traditional and Virtualized En...FindWhitePapers
How modern offload technologies in Application Delivery Controllers can drastically reduce expenses in traditional and virtualized architectures, with a fast ROI. In the following pages we won't show you how to determine if there is a compelling ROI case for Application Delivery Controllers, but how to determine how much of a compelling case there really is.
The continued expansion of file-based, business-critical information within extended enterprises is changing the storage dynamic in a wide range of industries and organizations. In a series of interviews with U.S. and European enterprises, IDC found that companies are increasing their file-based storage by 40% to 120% a year and place a high priority on boosting the efficiency and reliability of their management processes for file-based information. IDC research indicates that unstructured, filebased data drove a majority of new storage capacity in all organizations' datacenters in 2008 and projects this growth to accelerate, in spite of current economic conditions. By 2012, over 75% of new storage capacity shipped will be dedicated to the storage, organization, and protection of files.
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3. 4 New Tools for a Promising 9 The Benefits of BI
Future
4 how to recognize the need 10 Approaches to Implementing BI
for Business intelligence 10 Getting started
10 setting Policies to assist users
5 Defining Business Intelligence
5 The Bi spectrum 11 What to Look for in BI Products
5 Queries 11 Key factors in Product Choice
5 reporting 11 Keeping options open
5 advanced analysis 11 supporting users
6 interactive analysis
6 Graphical Techniques 12 What to Look for in a BI Vendor
7 Distribution and Control 12 Key factors in vendor Choice
7 function- and industry-specific 12 Thinking ahead
Bi applications 12 Preparing for Growth
8 using Bi in Different
environments 13 Conclusion
8 The importance of Data Quality 13 for More information
About the Author
Michael a. schiff is the founder and principal analyst of Mas strategies. Mas
strategies specializes in helping vendors market and position their Bi and data
warehousing products in today’s highly competitive market. he has over 30 years
of experience in the iT industry.
schiff was the vice president of the data warehousing and business intelligence
service at Current analysis inc., an industry analyst firm where he provided
tactical market intelligence and analysis while managing the company’s e-business
analyst team. he was the executive director of data warehousing and advanced
decision support for oracle Corporation’s Public sector Group and director of
software aG’s data management program. in 1984, while at Digital equipment
Corporation, he formulated the architecture for one of the first successful data
warehouse implementations. he earned his bachelor and master of science degrees
from MiT’s sloan school of Management where he specialized in operations
research as an undergraduate, and in information systems as a graduate.
Overview
Business intelligence is not a new concept; it’s been used for years by iT staffers
in large enterprises with the budgets to support it. What’s new is the fact that
business intelligence tools are now affordable and accessible even for midsize
companies – and even for the nontechnical business user. now managers can use
these products for sophisticated analysis of complex information to support their
decision-making processes. They can combine data from a wide variety of sources
and see an integrated, up-to-date, 360-degree view. for midsize companies the
key is to select the right product, the right vendor, and the right approach.
4. new tools for a Promising future
ToWarD More soPhisTiCaTeD analYsis
if your organization is like furthermore, you need to determine but your employees are passionate
where to concentrate your efforts. about their jobs and committed to your
most, your primary focus You can’t check every detail, yet there customers. Maybe your company is
is acquiring customers, must be a way to monitor operations relatively small right now, but it’s on a
to find and resolve potential problems high-growth path. You’re aware of the
increasing revenues and while identifying and leveraging new power of business intelligence and
profitability, and outpacing oppor tunities. and you need to ensure know that larger companies – and
that employee and departmental met- maybe even your direct competitors –
the competition. and while rics are aligned with overall strategic are using it to their advantage. at this
your organization continues goals. stage of your company’s evolution,
isn’t it time your analysis capabilities
to improve its operating effi- Your organization may not have the graduated from spreadsheets to more
ciencies, you recognize the resources of a forTune 500 company, powerful tools as well?
need to spend more time
analyzing what’s going on How to Recognize the Need for Business Intelligence
and planning for the future The following represents typical • Need for simple-to-use production
than solving operational situations that could benefit from reporting technology – Your
improved business intelligence: accounting department uses word
problems and putting out • Competing versions of the truth – processing to generate customer
fires. interdepartmental meetings fre- invoices, resulting in errors and
quently turn contentious as partic- customer complaints.
ipants debate whose spreadsheet • Inability to comply with govern-
has the correct figures. ment reporting requirements –
• Inability to perform in-depth Your company plans to go public
analysis – Your company knows at some point, and you need proper
which of its retail outlets have the audit trails and data lineage to
greatest sales volume but can’t ensure financial accuracy.
identify which products have the • Lack of timely reports – iT is
highest sales. unable to fulfill managers’ requests
• Difficulty locating important for reports when they want them.
information – You recently heard • Difficulty consolidating data for
that a report showing year-over- integrated information access –
year growth for each customer has reports that require data from
been posted to the intranet – but multiple operational systems involve
have no idea how to find it. generating separate reports from
each and then combining the
results in a spreadsheet.
4 SAP White Paper – Business intelligence
5. Defining Business intelligence
hoW Bi is helPinG MiDsize orGanizaTions
a major part of any manager’s job is • implement dashboards and score- include customer satisfaction, profit-
to make decisions. if you can improve cards to help executives and super- ability, and sales per employee and
the overall quality of your organization’s visors quickly recognize operational be monitored to support alignment of
decision-making process, you’ll improve exceptions or potential budget individual and departmental metrics
the overall effectiveness of your organi- overruns and the organization’s strategic goals.
zation. in short, business intelligence • Compare departmental turnover to
helps your organization make smarter identify potential morale problems Queries
decisions – hence its original description • Track customer orders and desired a simple query might access your
as “decision support.” ship dates against finished goods company’s data to ask, for example,
inventory, and adjust the manufacturing what were total sales to Plushrock
Business intelligence (Bi) allows orga- production cycle and supply chain logis- Corporation last December? or what’s
nizations to better understand, analyze, tics to reduce inventory carrying costs the current salary of employee Dan
and even predict what’s occurring in • integrate operational, spreadsheet, evans? or even how many aa batteries
their company. Bi helps your organiza- and historic data for analysis purposes, do we have in inventory? Most query
tion turn data into useful and meaning- while providing consistency and tools also provide simple reporting
ful information and then distribute this “a single version of the truth” functionality and could also be used,
information to those who need it, when • Better understand and analyze for example, to generate a simple
they need it – thereby enabling them to operations and customer interactions report listing the accrued vacation
make timely and better-informed deci- to gain a competitive edge of all employees, sorted and totaled
sions. it allows organizations to com- • align daily operations with strategic by department.
bine data from a wide variety of sources objectives and quickly recognize
and see an integrated, up-to-date, when they are not in agreement reporting
360-degree view. enterprise or production reporting
The BI Spectrum typically involves high-volume, high-
This is especially important for midsize resolution reports that are run on a
companies that are typically able to The Bi spectrum is very broad in terms regular basis. an example might be a
implement business decisions relatively of its tools and functionality. at its core sales manager report showing monthly
quickly. Bi provides a win-win solution is the traditional functionality of query, sales and associated commissions
for iT and business users by allowing reporting, and analysis. This is comple- sorted by salesperson and then by cus-
the iT department to be more produc- mented by data quality and data inte- tomer. The report distribution would
tive in working with its business users gration to accurately and consistently likely be controlled so that each sales
to service special requests, while consolidate data from multiple sources. manager could see entries only for his
permitting these business users to Dashboards and other visualization or her salespeople. The report might
become more self-sufficient. opera- techniques can help users quickly be e-mailed to them or viewed through
tions and analysis are two sides of understand analysis results and are a Web browser. enterprise reports can
the business, and Bi allows iT to be often considered part of the Bi spec- also be used to generate customer
a valued partner in both. trum. Bi can also encompass search statements or invoices or individualized
functionality for locating information benefit summaries for each employee.
for example, a midsize organization and reports, predictive analysis to dis-
can use Bi to do the following: cover hidden patterns and enable what-if advanced analysis
• identify customers that are cutting analysis, and scorecards and perfor- With advanced analysis functionality,
back on their purchases so that spe- mance management to help monitor users can view data across multiple
cial inducements can be offered to business metrics and key performance classifications or dimensions (for example,
retain them indicators (KPis). These KPis might product, customer, location, time period,
SAP White Paper – Business intelligence 5
6. and salesperson). They can slice and interactive analysis Core Bi technology – such as query,
dice the data to look at various combi- simple reports were initially designed reporting, and interactive analysis – is
nations, such as the sales in each for passive viewing, while advanced used to view or analyze what is or has
region for December or which products products perform interactive analyses. already occurred, while data mining
each customer purchased last year. Many of these advanced functionalities and predictive analysis allow users to
advanced analysis functionality also were once available only in specialized predict what may occur. Bi technology
permits organizations to define hierar- online analytical processing (olaP) uses sophisticated statistical techniques
chies so that, for example, a user could products that involved the use of pro- to find relationships that are hidden or
first view sales for each region and prietary databases and highly skilled not obvious. it can be used to identify
then drill down to view the sales in technical specialists. now olaP func- which factors closely relate to custom-
each country, of each product in each tionality is often incorporated into query er churn and attrition or which factors
store, or for each salesperson. These and analysis tools. Thus, business (a prospect’s income, education, age,
advanced analytics make it easy to users can perform interactive analysis last purchase amount, and so forth)
compare the results from one time period and, for example, click on a number in were most closely related to a suc-
with another – this July’s product sales a report to drill down to and analyze the cessful response in a marketing
with last July’s, for example – while underlying details. effective Bi should campaign.
performing year-over-year comparisons be an interactive process, and query
by store, customer, or salesperson. and analysis tools – with embedded Graphical Techniques
olaP functionality – permit business a picture is worth a thousand numbers,
other advanced functionality, such users to perform dynamic analyses on and graphical techniques – including
as filtering, can be used to include or their data. as most iT practitioners will dashboards – strongly complement the
exclude specific stores, regions, prod- attest, users requesting a static report other members of the Bi spectrum.
ucts, salespeople, or time periods – and will typically ask for additional modifica- With graphical gauges analogous to
look at the top or bottom best- or worst- tions and details. Query and analysis an automobile dashboard and symbols
performing products, stores, or sales- tools allow business users to formulate such as traffic lights, where red repre-
people. Combined with drill-down, slice- a high-level query and then immediately sents an alert condition and yellow a
and-dice, and filtering functionality, this explore the underlying details on their warning, users can quickly identify
is a powerful multidimensional analysis. own. exception conditions. it has often been
said that “if you can’t measure it, you
can’t manage it.” scorecards and other
star Trac, of irvine, California, is dashboards, and visual analytics. performance management tools enable
a midsize manufacturer of quality “fast, easy business intelligence will you to establish business metrics, update
physical fitness equipment serving save us time, boost productivity, and and monitor the results, and communi-
a global market. like many rapidly deliver the data to help us grow the cate them as appropriate so that minor
growing companies, its data was business,” says Jeff Kuckenbaker, problems can be identified early on and
spread across multiple silos, making senior director of information sys- corrective action quickly taken. Dash-
it difficult to aggregate and reconcile tems. “We’ll use Businessobjects boards are frequently used to display
to facilitate decision making and align edge to deliver information across performance metrics and can allow
key objectives and business processes. the company so everyone can better users to drill down from the visual
star Trac needed a product suite understand how to execute our image to view the underlying detail.
that offered flexible reporting, ad strategies for growth.” other visualization techniques include
hoc query and analysis, interactive “slider bars” that allow a user to
perform what-if analyses and, for
6 SAP White Paper – Business intelligence
7. issue, and trying to determine whose
The enduring value anna’s linens sole Technology inc. is a globally spreadsheet is “more correct” is no
gets from its Business objects™ recognized leader in action sports longer part of every company meeting.
business intelligence solution lies footwear and apparel. in the last The ability to locate and search out
in the ability for managers to com- three years, sole Technology relevant reports is also part of the Bi
municate what is expected of their doubled in size, rendering the com- landscape, as a report is of little value
employees and to provide the tools pany’s small-business approach if no one knows it exists or how to
for them to measure their perfor- to reporting insufficient. George find it.
mance as they execute on those Bock, senior director of iT at sole
goals. “if we can measure perfor- Technology, says, “We struggled function- and industry-specific
mance, we can reward perfor- at getting data into the hands of Bi applications
mance,” says Coo scott Glad- people that needed it, when they in addition to Bi tools, some vendors
stone. “This allows us to develop needed it, so we could make better offer Bi-based analytic applications
an incentive program that is per- business decisions.” covering a wide range of business
formance based and is aligned functions and industries. areas of
with the strategic initiatives of the sole Technology needed to track focus include long-range planning, bud-
company. once we have the entire the life cycle of products, from geting and planning, financial reporting
company executing against our development through production, and consolidation, incentive compen-
strategic growth plans, we are sure shipping, warehousing, sales, and sation management, activity-based
of success. With Business objects inventory. it also needed to ensure costing, metrics, and scorecards. other
business intelligence tools at our that everyone speaks the same functional areas might include applica-
fingertips, anna’s linens is in a business language, so employees tions for sales analysis and campaign
great position to grow.” in various locations agree on a management, contact center analysis,
standard definition of terms when product and service analysis, work-
discussing concepts such as reve- force analysis, supply chain intelli-
example, show how profit margins nue, inventories, and discounts. gence, and compliance.
would increase if maintenance reve-
nues were increased or distribution “Business objects brought tool examples of industry applications
expense reduced. sets and technologies that were include those oriented toward tele-
out of our range down to our market communications, healthcare, public
Distribution and Control level – debunking the myth that services, retail, and consumer prod-
Business intelligence is not just about Business objects isn’t affordable,” ucts. These applications are often
tools and their applications; it’s also says Bock. “They’ve allowed our available both from the Bi vendor and
concerned with distribution and control. use of enterprise technology to be its software development partners
Companies should be able to publish a reality.” that utilize the vendor’s Bi technology
reports to the Web and deliver them to as the development platform for spe-
a user’s preferred mobile device. how- cialized industry and functional analytic
ever, not every employee should have necessarily mean the elimination of applications. While midsize organiza-
access to every report or analysis, and spreadsheets. rather, Bi can provide tions moving from a spreadsheet envi-
administration, monitoring, security, controlled linkage of spreadsheets to ronment to formal Bi tools may not
and control are also part of the Bi up-to-date data while enforcing proper initially invest in the full range of tools,
environment. furthermore, the use distribution and control. This way, these analytic applications will be
of commercial Bi products does not “spreadsheet chaos” is no longer an there when needed.
SAP White Paper – Business intelligence 7
8. using Bi in Different environments The importance of Data Quality
Bi can be used in data warehouse envi- Data quality is of paramount impor-
ronments, in which snapshots of data tance in both operational systems and
from multiple systems are consolidated data warehouses. in an operational
for analysis, and with operational sys- environment, no one wants to ship the
tems. When deployed against opera- wrong order to the wrong address,
tional systems (that is, those that help provide a patient with the wrong medi-
run or operate the business), Bi might cation, or transfer funds to the wrong
be used to show current values such bank account. in a data warehouse
as inventory levels, outstanding cus- environment, no one wants to make
tomer balances, salaries, or student decisions based on incomplete, incor-
attendance. rect, or inconsistent data. The deploy-
ment of data quality tools can help
When deployed against a data ware- ensure that this does not happen. By
house, Bi often involves comparing using Bi against both operational sys-
the results of one period with another. tems and data warehouses, a company
(a data warehouse contains data values can improve its daily operations and
taken at different points in time, fre- compare current results with historic
quently sourced from several opera- values to identify trends and head off
tional systems through the use of data problems before they become more
integration and data quality technology.) serious.
a typical use would be to compare
this quarter’s sales against the same
quarter in each of the preceding three
years. some data integration vendors
offer connectors or integration kits to
facilitate access to commercial enter-
prise application software products,
such as those of saP and oracle
Corporation’s J.D. edwards,
Peoplesoft, and siebel applications.
8 SAP White Paper – Business intelligence
9. the Benefits of Bi
heaDinG off issues – iDenTifYinG
oPPorTuniTies
Bi allows business users to analyze and While many managers and supervisors
better understand their organization’s pride themselves on their intuition, Bi
plans and results. it provides insight provides tools to help verify their insights
into what’s working correctly – and and even discover new ones. it permits
highlights potential opportunities – business users to explore results at a
while identifying problem areas in time high level and then drill down to analyze
to take corrective actions. for example, the underlying details. Business intelli-
it can alert you when certain exception gence is one of the primary keys to
conditions occur, such as sales drop- effective decision making.
ping 20% below forecast or inventory
falling below a threshold value.
since Bi product suites include a variety
of components, organizations can pick
those that are most appropriate for the
task at hand and for the experience
level of their individual employees.
While in the past only technical special-
ists used Bi tools, most businesspeo-
ple can now use them successfully as
well. This has served to democratize
Bi usage throughout organizations.
The role of iT has positively evolved
from one of digging out from its historic
report request backlog to one of moni-
toring and administrating Bi usage, and
setting the appropriate controls relative
to who can access what data. This self-
sufficiency has thus enabled iT staff to
free up time to serve the organization
more effectively and efficiently.
SAP White Paper – Business intelligence 9
10. aPProaches to imPlementing Bi
seTTinG The sTaGe for GroWTh
Beginning a Bi initiative is not neces- as an organization discovers the benefits some companies have even allowed
sarily expensive. This is true especially of Bi, usage is likely to spread quickly business users to submit their own
if you choose a vendor with a suite throughout the organization. using structured Query language (sQl)
of products that allows you to easily commercial Bi tools does not mean queries; this usually is nipped in the
expand your Bi usage and implement that your organization has to abandon bud after an incorrectly formulated sQl
the tools you need as your business spreadsheets. instead, iT needs to query results in an answer that’s tech-
continues to expand. establish procedures for proper distri- nically correct but irrelevant to the user.
bution and control and acquire Bi tools for example, someone requesting a list
Getting Started that can interface with them. of employees with salaries greater than
$200,000 and less than $20,000 is likely
as your company transitions to a Bi Setting Policies to Assist Users looking for both higher-paid and lower-
environment, it often makes sense to paid employees. however, this list
start small – perhaps deploying Bi at any point in time, your users will would come up empty since a salary
against one system with a query and range from experts to novices. The iT cannot be both over $200,000 and
reporting tool. Your company can department can set up and enforce under $20,000.
expand its deployments to additional policies as to who can access what
systems and use more functionality as reports and who can create their own
the organization masters the technology. reports. if your organization is using a
one place to start is with the system commercial software package, popular
that has the greatest reports backlog. Bi tools such as Crystal reports may
While the iT department can certainly have been bundled with it, and your
use Bi tools to reduce this backlog, organization may already have
the ultimate goal should be to make experience using it.
your business users self-sufficient
and less dependent on iT for their although some companies have been
analyses. tempted to avoid commercial Bi prod-
ucts by having their iT employees
iT can assist business users by using create custom programs for each user
the “guided analysis” functionality request, this approach can quickly
of some Bi tools to create parameter- overload the iT department with an
driven reports with user-selected filter- ever-increasing backlog. often, com-
ing criteria for performing customized panies hire additional iT workers just
analyses. as users gain experience, to keep up with user requests. Most
some of them may even generate their companies that start off writing custom
own reports and contribute them to a code eventually acquire commercial
corporate report library. it’s up to each Bi products, if only to enable their iT
individual company to determine the workers to be more productive and
approach that works best. in general, more responsive.
10 SAP White Paper – Business intelligence
11. what to look for in Bi ProDucts
ToP CriTeria: inTeGraTion anD ease of use
When selecting business intelligence their analyses against individual sys- supporting users
products, it’s important to consider fac- tems, the time will come when data robust report cataloging and distribution
tors besides specific product features. from several sources will be needed functionality will enable authorized busi-
ease of use, ease of implementation to see the total picture. This requires ness users to receive their analyses
and administration, scalability, user a product suite that includes data inte- on both an upon-request and periodic
interface options, and how well it inte- gration technology and presents data subscription basis. The ability to alert
grates into your company’s existing as if it were located in a single source. users when certain events or value
and future platform environment – thresholds occur is also important.
all of these are key considerations. Keeping options open This will involve delivering reports to
integration with your desktop software, desktop and mobile devices, and con-
Key Factors in Product Choice in particular Microsoft office, will allow tent must be formatted accordingly.
users to complement their Bi with famil-
look for an integrated product suite, iar desktop tools and reduce your orga- finding needed information and locating
including business management sys- nization’s training requirements. in addi- relevant analyses and reports quickly
tem integration, with a range of func- tion, be sure the product can support and easily requires strong search fea-
tions that your company can deploy multiple operating systems, not just tures – a key criterion. finally, Bi tools
as needed. as your company grows, Microsoft Windows. This will allow should allow users to speak in business
it should not outgrow the capabilities your iT department to keep your future terms. a product suite with a semantic
of its Bi vendor. in addition, individual options open and not constrain your layer transparently isolates users from
users may require different features, and organization to a single operating sys- underlying technical complexities and
an integrated product suite provides the tem. linux is rapidly growing in impor- allows them to focus on their business
greatest deployment flexibility. Be sure tance, and your Bi products should issues, not technical software details.
the product suite offers the scalability support it. for users that need to know the source
to handle an increased user base as your of data and the underlying formulas (for
organization grows. as your organiza- ease of initial installation and deploy- example, how “gross profit” and “net
tion gains experience with Bi and its ment is a key consideration, along with profit” are computed), data lineage
usefulness becomes evident, it’s quite the ability to add users quickly; this details should also be readily available.
likely that its usage will quickly spread. will increase the productivity of your iT
department. Be sure to find out about
Data quality functionality is critical to administration tools, which should be
ensure a trustworthy data foundation. powerful but user friendly. This will
high-quality data is a requirement for allow your iT department to control
high-quality decisions, and avoids access and provide a level of security
the problems associated with having and privacy that’s simply not possible
“multiple versions of the truth.” at the in a “spreadsheet only” environment.
same time, your Bi product must be Your data is an organizational asset
able to access and integrate a wide that your Bi products should protect,
variety of disparate data sources. while allowing access to those who
although many companies initially run need it.
SAP White Paper – Business intelligence 11
12. what to look for in a Bi VenDor
There’s More Than MeeTs The eYe
When selecting a business intelligence Thinking ahead that works in both operational systems
vendor, many factors figure in. These as Bi usage increases, it’s likely that and data warehousing environments
include the company’s experience, your organization will deploy it against will provide your organization with maxi-
reputation, and stability, as well as additional systems and databases. mum deployment flexibility and support
its professional services capabilities While a database vendor may offer a strong growth path.
and the quality and strength of its its own proprietary Bi technology,
partnerships. what happens when your organization finally, keep in mind that your organiza-
decides to use another database? tion will likely grow and expand. it may
Key Factors in Vendor Choice a major advantage of choosing a Bi not be a giant today, but it could be one
specialist is its ability to work with a tomorrow. Choose a vendor that has
one element you might not think of wide variety of data sources. successful and extensive experience
immediately is the vendor’s education with organizations of all sizes. and if
and training capabilities, but these may Consider the vendor’s product delivery you expect to operate on an interna-
be crucial to your ability to introduce options. While many vendors will only tional scale someday, a vendor with
the new technology smoothly. While allow you to license their products to a multinational presence is highly
many vendors offer on-site and in-house run on your company’s servers, others desirable.
training, a few have developed self- also provide “on-demand” or software
paced, computer-based training that as a service (saas) options. here, the
can assist new users in getting started vendor hosts the software on its own
or help experienced users master servers and enables customers to use
advanced product features quickly. it through their Web browsers. The
saas model can be especially appealing
select a vendor with a proven record to small companies that wish to mini-
of accomplishment and a history of mize up-front startup costs, with the
successful growth – both in revenues option to bring the software in-house
and capabilities. solid growth and prof- when it makes economic sense.
itability indicate both astute manage-
ment and product acceptance, as well Preparing for Growth
as the ability to serve customers well a vendor with a large cadre of partners
and invest in the future. Choose a vendor – both software vendors and consul-
that’s large enough to retain its inde- tants – will prove invaluable. one
pendence. a history of acquiring and measure of “openness” is the number
successfully integrating complementary of other software products that a Bi
technology is another good sign. This tool works with. a vendor that actively
company is more likely to be able to encourages partnerships is likely to
react quickly to new market demands have little problem integrating its tech-
and to supply the technology your com- nology with your current and future
pany needs. and a vendor that can software environments. vendors with
demonstrate vision, innovation, and a strong base of consulting partners
industry leadership is one that may make it easier to find outside expertise
well be able to anticipate its customers’ should your organization have special
future requirements. requirements. further, a product set
12 SAP White Paper – Business intelligence
13. conclusion
iMProveD analYsis for More
effeCTive Business DeCisions
Managers have the responsibility to For More Information
make the best decisions possible,
based upon the data available to them To learn more about how products from
at the time. if their ability to analyze this saP and Business objects, an saP
data and transform it into useful infor- company, can support your business
mation is improved, the overall quality intelligence initiatives, please call
of their decisions will improve as well. your saP representative, or visit
www.businessobjects.com/product
Business intelligence provides a spec- /platforms/midmarket.asp.
trum of tools and solutions to support
this aim. it’s the underlying technology
behind more effective decision making.
By helping align individual and depart-
mental efforts with overall corporate
strategies, it should lead to improved
organizational results.
While many small and midsize com-
panies have relied on spreadsheets as
their primary Bi tool, most of them have
come to realize that this is a stopgap
solution. This is not to say that spread-
sheets should be abandoned; rather,
they should be a part of an organiza-
tion’s Bi tool set. The key is to choose
the right commercial Bi product suite
that integrates with spreadsheet
environments while supporting your
long-term growth.
SAP White Paper – Business intelligence 13