BI & Life Insurance

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 [...]

BI with Theory of Constraints – A 3-Dimensional Approach

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 [...]

MAIA Intelligence Achieves a Microsoft Gold ISV and BI Competency

MAIA Intelligence demonstrates best-in-class capability and BI market leadership through demonstrated technology success and customer commitment.
Mumbai, Maharashtra, India — February, 22, 2012— MAIA Intelligence Pvt. Ltd., today announced it has attained a Gold Independent Software Vendor and Business Intelligence competency, demonstrating a “best-in-class” ability and commitment to meet Microsoft Corp. customers’ evolving needs in today’s [...]

BI among top IT priorities in 2012

Till now 2012, the Year of Dragon as per Chinese calendar has seen many resolutions, predictions, trends, forecasts, reports, priorities for Business Intelligence (BI). But I think report of BI being at the top of IT agenda for 2012 is a big one.
BI and analytics have ousted several other much hyped technologies like cloud computing, [...]

Quality Data: A foundation for BI Success

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 [...]

Life after Business Intelligence

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 [...]

Semantic layer technology reduces value of BI investments

New generation BI tools like 1KEY BI do not need semantic layer
The semantic layer is a business translation layer that sits between the database and the end user which was the traditional way of generating reports with old aged BI software tools.
A semantic layer will be able to create technically sophisticated SQL and in many [...]

Democratisation of BI

Life saver in times information overload, believes experts
“Have I bit more than I could possibly chew?” was the thought that flashed across Suresh Shanmugham’s mind, as he got down to the deliverables that he had committed to. As the head of IT at Mahindra & Mahindra Financial Services Ltd (MMFSL), Suresh, in a board meeting, [...]

Making Better Decisions Faster

The main goal of Business Intelligence (BI) is to help people make decisions that help a company’s achieve its goals and promote its competitive advantage in the marketplace. In short, BI empowers organizations to make better decisions faster.
In any organization, managers, from the front desk employees to the CEO, make decisions by considering their experiences, [...]

Taking Informed Decisions

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 [...]