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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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, [...]
Posted on January 23rd, 2012 by Dhiren Gala
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | 4 Comments »
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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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 [...]
Posted on January 2nd, 2012 by Sanjay Mehta
Filed under: Business Intelligence, CIO Community, Emerging Trends | 4 Comments »
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, [...]
Posted on December 19th, 2011 by Dhiren Gala
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The internet and day to day internal workings as well as external dealings have drowned the companies under the deluge of random, undefined and unstructured data. One of the most mammoth task facing IT companies is that how to convert this data into useful and trusted information. In any business intelligence (BI) program, data is [...]
Posted on December 12th, 2011 by Sanjay Mehta
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Mahindra and Mahindra Financial Services recently was selected as one of the Information Week’s third edition – EDGE winner for the best IT implementation in India. This was formally announced at the EDGE Award function hosted at Inetrop, Mumbai on September 30, 2011. Below is the profile of the winners published in the October issue [...]
Posted on October 24th, 2011 by Dhiren Gala
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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, [...]
Posted on October 17th, 2011 by Sanjay Mehta
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