Celebrating MIS Champions 1KEY Agile BI Suite Launch

By Sanjay Mehta

The event was the biggest ever launch technically and commercially planned and done by MAIA Intelligence. We at MAIA Intelligence have been working hard for this day to release 1KEY Agile BI Suite launch. We have released 15 modules of various presentation layers and utilities in this edition of 1KEY. Aptly name 1KEY […]

Classification Trees

By Vikram Kole

The goal of a classification tree is to sequentially partition the data to maximize the differences in the dependent variable. It is often referred to as a decision tree. The true purpose of a classification tree is to classify the data into distinct groups or branches that create the strongest separation in the […]

What is a Data Warehouse?

By Amit Mehendale

Data Warehouse is certainly not …

a product, an environment

a system, an architecture

an end to itself but is at the heart of the Business Intelligence (BI) infrastructure of the organization

The accepted definition of a data warehouse is a database that contains the following four characteristics:

1. Subject oriented

2. Nonvolatile

3. Integrated

4. Time variant

Subject oriented means that […]

Business Intelligence for Mutual Funds

- By Sanjay Mehta

MAIA Intelligence is young company committed to developing and continually improving powerful Business Intelligence reporting and analysis products to meet the needs of mutual fund industry needs.

In today’s highly competitive financial services industry like Mutual Fund, resourceful companies uses business intelligence technology to identify and exploit unique opportunities. For Mutual Fund companies […]

Functional Management Information System (MIS)

By Ashwin Dedhia

Management information systems provide decision-makers information and feedback on daily operations. Additionally, management information systems can be used strategically, often incorporating Web technology.

Marketing MIS: Marketing Management Information System (MIS) supports managerial activities in product development, distribution, pricing decisions, promotional effectiveness and sales forecasting.

Overview of Marketing Management Information System (MIS)

Inputs to Marketing MIS

Strategic plan […]

Manufacturing Management Information System (MIS)

By Ashwin Dedhia

Inventory control programs are one component of a manufacturing MIS that relies on the production schedule. Inventory control programs can forecast future production, automatically reorder items when a certain threshold is met, determine manufacturing costs, and develop resource requirements plans from the production schedule.

Manufacturing Requirements Planning (MRP) programs help coordinate thousands of inventory […]

Financial Management Information System (MIS)

By Ashwin Dedhia

Financial MIS Provides financial information to all financial managers within an organization. It integrates financial & operational information from multiple sources. Financial MIS eases analysis by providing fast financial data. It enables financial analysis from different aspects; time, product, customer. With Financial MIS, one can analyze historical and current data. Also one can […]

BI and Balanced Scorecards

By Ashwin Dedhia

What is a balanced scorecard? A balanced scorecard provides a means for linking the strategies of the different business areas within a corporation to the overall corporate vision. The term and methodology was introduced by David Norton and Harvard Business School professor Robert Kaplan back in 1992. They had found that the typical […]

Characteristics of Management Information System (MIS)

By Ashwin Dedhia

 
Hi friends! In my last two posts I had discussed about MIS, its benefits, 5 elements of usable MIS, sources of management information, ouputs of MIS, Scheduled reports, Key Indicator report, Demand report, Exception report, drill down report and much more. In this one, I have tried to highlight Characteristics of […]

Outputs of Management Information Systems

By Ashwin Dedhia

In my earlier post I had mentioned what is MIS, its benefits, elements of usable MIS and sources of MIS. In this post I will be highlighting on outputs of Management Information Systems (MIS).

Scheduled reports

Produced periodically, or on a schedule

(daily, weekly, monthly)

Key-indicator report

Summarizes the previous day’s critical activities

Typically available at the beginning of […]