Success for any business today requires the ability to access sophisticated data and derive information that is now primary need to survive in the competitive market place. This is more effectively true for insurance companies that deal with very complex data structures and most of them are real-time. Life Insurance companies’ executives are always under [...]
Posted on April 18th, 2012 by Praktan Kadam
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Business Intelligence is a methodical approach for management to facilitate enhanced performance through better decisions. BI is about 3 things, People, Process and Technology. And the Success of any BI projects depends largely on these 3 key factors. A project manager’s function in most business intelligence and performance management projects is to act as a [...]
Posted on April 9th, 2012 by Praktan Kadam
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As the global political & physical barriers are collapsing, all the global markets are getting opened for businesses, creating a fierce competition within companies to market their products, increase their revenues, grab most of the customers. Organization are not just worried about the profitability but also survival in this tsunami of Global reach.
All along [...]
Posted on February 1st, 2012 by Guest
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Data Quality refers to the degree of excellence exhibited by the data in relation to the portrayal of the actual scenario. Data are of high quality ‘if they are fit for their intended uses in operations, decision making and planning’ (J. M. Juran). Alternatively, the data are deemed of high quality if they correctly represent [...]
Posted on January 16th, 2012 by Sanjay Mehta
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | 3 Comments »
Business today moves at the speed of information. Getting right information into right hands at right time is essential. Business initiatives that have the biggest impact on company’s bottom-line get enabled after Business Intelligence (BI). BI soon becomes IT’s ‘must have’ application.
Single view representation and analysis of enterprise data adds an additional thrust to smart [...]
Posted on January 9th, 2012 by Dhiren Gala
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United Business Media (UBM) India organized Technology For Marketing & Advertising (TFM&A) India on 4-5 November 2011. TFM&A India 2011 was an exhibition cum conference program of case study-led seminar sessions and high-level thought provoking Keynotes.
It is clear that in the current economic climate, marketing and advertising professionals in India are keener than ever to [...]
Posted on November 21st, 2011 by Dhiren Gala
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To make better decisions by analysis, Organization executives and managers need relevant and useful facts at their fingertips. But there is usually a huge gap between kind of information needed by corporate executives as well as low level employees and the information available due to day to day transactions. We call this the analysis gap.
To [...]
Posted on October 3rd, 2011 by Sanjay Mehta
Filed under: Business Intelligence | 2 Comments »
Decision making can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice. The output can be an action or an opinion of choice as per Wikipedia. Everyone, May it be an individual, a family, a [...]
Posted on September 26th, 2011 by Sanjay Mehta
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Data federation is a category of data integration technology that provides the ability to query and aggregate data from disparate sources in a virtual database so it can be used by business intelligence, reporting, or analysis applications. The virtual database created by data federation technology doesn’t contain the data itself. Instead, it contains [...]
Posted on September 5th, 2011 by Guest
Filed under: Business Intelligence, View Points & Perspective | 1 Comment »
Access to financial and managerial information to gain understanding, metrics and pinpoint weaknesses or opportunities to improve operations has gained tremendous attention as solution providers flood the market with “user friendly” business intelligence tools. Solution providers position these tools to help “enlighten” businesses enough to purchase their products. However, a software solution is only [...]
Posted on July 4th, 2011 by Guest
Filed under: Business Intelligence | 1 Comment »
