Latest Posts

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…

3 Ways Business Intelligence Can Improve Your Sales and Marketing Efforts

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3 Ways Business Intelligence Can Improve Your Sales and Marketing EffortsWith today’s business intelligence dashboards, end users in every department of the organization have a more effective means of gaining greater insight into their side of the business without having to go back to IT or business analysts for more data. And that data in the hands of your sales and marketing team in particular can mean huge improvements for those departments.

Here are three ways business intelligence software can help improve your sales and marketing efforts. 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…

Stratum.Server: Optimizing DALOAD on IBMi

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Stratum Under CoversIn a previous post I covered a few techniques for optimizing the performance of GISLSDRV on Windows.  In this post I will cover the same for DALOAD on IBMi.

DALOAD on IBMi

DALOAD is most efficient if it can process all the EXTPNDXX input records in memory in a single segment. Once the size of the input records it must process exceeds the amount of available memory, DALOAD automatically breaks the data into segments for sequential processing. We affectionately refer to this process as chunking. View Article…

How Different Members of Your Company Can Use Predictive Analytics

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How Different Members of Your Company Can Use Predictive AnalyticsAs part of a business intelligence system, predictive analytics process historical data (such as customer buying trends, inventory performance, financial performance, and more). The system “learns” what happened in the past then creates a prediction model based on the likelihood that a certain event will occur down the road. The goal is to learn from past mistakes and successes so you know what to change, what to replicate, and what to expect from the future.

For instance, predictive analytics might help you identify which inventory items are not only your top sellers, but also when they are most likely to turn the quickest. This can help you calculate safety stock to ensure your warehouse never runs out of product when you need it the most. View Article…

Using BI to Up Sell & Cross Sell

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CrossSellUpSellCross-sell / up-sell programs are a key tactic for growing revenue from existing customers. But companies first need to determine the fastest route to revenue by channel, identify which customers to target, when to target them, and the best products to cross-sell or up-sell. This is where the analysis gets tricky.

You often have so much data about customers that it is difficult to cut through the clutter and get a complete picture. In addition, the specialized marketing and sales analysis skills needed for such analysis make it difficult to find the kernels of insight residing in the data. 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…

Guidelines for Estimating the Payback of a Demand Forecasting Solution

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ROIMost companies that make the decision to move to an automated demand forecasting solution are primarily driven by:

  • Obvious forecast accuracy challenges
  • Highly variable process that requires too much local knowledge of the company’s products – loss of a knowledge worker
  • Lack of time and knowledge to produce the detail level forecasts required to support a more efficient manufacturing or distribution system
  • Downstream inventory problems that are clearly driven by forecasting problems
  • An attempt to drive more cooperation and ownership between sales and operations through a consensus-based forecast

In this post, I’ll describe what you should expect to pay when making an automated forecasting solution investment.  And I’ll offer up some general guidelines for estimating the ROI and payback from bringing such a solution onboard in a manufacturing or distribution business. View Article…