Intelligent Technology

The Importance of Providing BI for All Types of Users

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The Importance of Providing BI for All Types of UsersProviding BI for all types of users is critical, especially for small to medium-sized businesses. With today’s solutions, BI is no longer reserved for larger businesses and corporations that can afford to hire BI analysts. Making key business decisions based on hard data is something that every business can benefit from. In addition, BI can be used by multiple people within an organization who work in different departments or who operate at different levels. It isn’t just for the executives and managers anymore. The idea is to use BI to find solutions that arise from the questions that surface within their own departments. View Article…

3 Business Intelligence Myths

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3 Business Intelligence MythsWith everyone jumping on the Big Data bandwagon, business intelligence software is needed now more than ever to help make sense of all the information. But BI can be a scary endeavor for many businesses. After all, it’s not only a significant financial investment, but launching a new BI system requires technical prowess and a keen sense of what matters most to the company in terms of performance measures.

Regardless of whether those skills and knowledge come from within or from external providers, business intelligence is surrounded by a lot of myths, half-truths, and misunderstandings that can set your project up for failure before it even gets started.

Here are three myths to be aware of: View Article…

The “Roles” of Business Intelligence

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The “Roles” of Business IntelligenceMany organizations use business intelligence technologies to drive their businesses forward. The key is to deploy solutions that users can leverage to answer key questions on their own in context with their specific business roles.

BI for Executives

C-level executives demand information that is highly summarized and relevant to their key initiatives. They need to be able to see the big picture quickly and clearly so they can take action. View Article…

Should You Acquire BI Technology From Your ERP Vendor?

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Should You Acquire BI Technology From Your ERP Vendor?Business intelligence (BI) is a high priority for many organizations. But for those with existing ERP systems, implementing or updating a BI program raises especially interesting challenges.

Should you source your BI technology from your ERP vendor – or choose a third-party, best-of-breed BI system?  Will BI be based just on ERP data or will data from other source systems be integrated? How will data integration, data quality and data normalization be handled?  Will your BI system scale to provide the performance and functionality required in both the short and long term?  How will implementation time and costs be affected by the strategy you select?  And what’s the best way to sort out all of these issues, build a business case, scope and plan the project effectively? View Article…

Business Intelligence Software BuyerView 2014 Highlights

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As a business intelligence software provider, Silvon is always looking for research that helps us better understand the BI market (where it’s been and where it’s headed) as well as what our customers are looking for in a BI solution. We recently read the 2014 BI Software BuyerView report from Software Advice, who researches BI intelligence tools, and found some really interesting highlights regarding the state of the industry.

Here are three key findings from their report:

View Article…

Business Intelligence: The “Build vs. Buy” Debate

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Business Intelligence: The “Build vs. Buy” DebateThe debate between building a business intelligence system from the ground up or buying a pre-packaged solution has been going on for years.  Many companies that plan to deploy a BI solution will consider the in-house option first because they perceive an in-house solution can be more easily adapted over time, require no dependency on an external provider, and be less costly and more scalable in scope.

However, there are corresponding points in favor of a packaged BI solution: View Article…

Using the Right Tools in the Demand Planning Process

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Demand PlanningDemand planning in the intelligent enterprise requires the “right tool for the right job.” Arguably the most over used tool is the spreadsheet for many good reasons – availability, ease of use and user experience to name a few.  Of course the downside is well documented – loss of control, multiple versions of the truth, and the eventual overwhelming nature of large data sets that characterize detailed demand planning processes.

On the other side of the argument is the important requirements of demand planning tools such as an infrastructure that provides a persistent system of record for pre- and post-forecast analysis, a robust time series forecast engine that’s automated and easy to use, and a collaboration platform for refining the forecast results.  Let’s look at each characteristic in more detail. View Article…

Why Do So Many BI Initiatives Fail?

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Sucess FailureThe benefits of a successful business intelligence initiative are hard to ignore. Collecting and organizing data from multiple sources and presenting insightful analytics help drive a more intelligent enterprise and make businesses more competitive in an increasingly crowded market. But according to Dresner Advisory Services (DAS) Wisdom of Crowds Business Intelligence Market Study, 59% of BI projects aren’t successful. And fewer than 30% of business intelligence projects meet the objectives of the business, according to research from analyst Gartner. Why are so many BI initiatives failing to take hold in enterprises? View Article…