Published by Pat Hennel
Today’s business user expects immediate access to their data for reporting purposes; but while some only need to view basic reports and select key performance indicators, many require the ability to dig deep through the data in order to uncover critical insights that can be used to better manage business performance. Understandably, supporting these varied requirements creates a higher level of complexity within a business reporting framework. View Article…
Published by Pat Hennel
Today’s business user expects immediate access to their data for reporting purposes; but while some only need to view basic reports and select key performance indicators, many require the ability to dig deep through the data in order to uncover critical insights that can be used to better manage business performance. Understandably, supporting these varied requirements creates a higher level of complexity within a business reporting framework. View Article…
Published by Pat Hennel
Business intelligence is continually changing, and this means that the role that BI plays within larger enterprises and even small to medium-sized businesses is also shifting. These days, BI is all about analyzing data mined from diverse sources, which enables businesses to develop deep insights based on the data that are designed to bring the company forward. Some of these changes are driven by trends in the BI industry that are especially prominent as we step even deeper into 2016. These trends are driving the product strategies of most BI providers today, and we will be seeing a continued increase in the number of solutions being made available to address them. Here is an overview of some of the most prominent of those BI trends: View Article…
Published by Pat Hennel
Providing 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…
Published by Pat Hennel
In part one of this series we took a look at how reporting and analytics differ. Now we look at why they are both important:
Both reporting and analytics are important to organizations because you can’t have one without the other. Reporting is the art of taking raw data and organizing it into a readable form, which will allow the data to be better analyzed. Analytics is the process of taking the raw data that is organized within the reports and fully analyzing it for a variety of purposes that will ultimately benefit the organization. Here’s more detail as to why both are so important: View Article…
Published by Pat Hennel
This is part one of a two-part series.
Even though we often hear the terms “reporting” and “analytics” used interchangeably, this is actually a misconception. Although they both use the same data, they each have completely different purposes. Both reporting and analytics are vital because they better equip the organization to make key decisions that increase its value. View Article…
Published by Pat Hennel
Look around you. No matter where you are – at the store, out dining, or attending a favorite event – you’ll spot our future business leaders (today’s teens) using social media while multitasking on-line. They’re so well connected now that in the future, they’ll expect the business software applications that they use on the job to be swift and collaborative, too. Business intelligence software is no exception. View Article…
Published by John Hughes
The attitude of manufacturers has changed over time for many reasons – economic conditions, global competitiveness and profit pressure. So the question is where do you get the biggest “bang for the buck?” Building a stronger brand, cost cutting or internal process changes? View Article…
Published by Pat Hennel
According to the Gartner Group, a Business Intelligence Competency Center (or BICC) transforms business intelligence, analytics and performance management from siloed efforts driven by the IT organization into business-driven, cross-organization initiatives. Such competency centers enable businesses to better control processes, costs, delivery, standards, security and compliance; treat BI as an ongoing program rather than a series of disconnected projects; drive BI adoption throughout the business; and, manage stakeholder interests at all levels through greater alignment with corporate strategy.
Here are 5 ways a BICC can add value to your business: View Article…
Published by Pat Hennel
Learn how to manage the performance of the BI environment to make more informed decisions based on real data.
Business intelligence, or BI, is used to evaluate how a business is performing, which gives businesses the opportunity to make decisions without relying on “gut feelings” or “hunches.” BI software programs take clean data sets and quickly perform analysis on this data so that decisions can be made efficiently. These programs are a vital part of any business, but how do you determine if the BI environment itself is effective? View Article…
