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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Prior to data integration and data warehousing for BI, a process of data cleansing is required. BI projects may fail to deliver consistent and accurate reporting capabilities due to inability to consolidate the complete, accurate, consistent, relevant and validated data successfully. When a discrepancy is identified on one piece of data, all data is called [...]
Posted on March 26th, 2012 by Sanjay Mehta
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Retail concept in hospitality started picking from 2006 which meant more consolidated data was required to derive for business needs.
Every day at Pan India Foods, data from various POS was being transferred to HO and updated the back office application. Getting updated data from around 250 outlets was always a challenge for Pan India IT [...]
Posted on March 19th, 2012 by Dhiren Gala
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Times are always challenging for Fast Moving Consumer Goods (FMCG) and Consumer Packaged Goods (CPG) companies. Not only the industry has to deal with a slow economic recovery, companies also find themselves dealing with long-running shifts in the dynamics of the industry – retail consolidation, increased private label competition, and reduced brand loyalty, just to [...]
Posted on March 5th, 2012 by Dhiren Gala
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | 1 Comment »
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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Construction software has emerged as an essential investment for construction companies aiming for better and faster project outcomes, finds Charu Bahri.
To more hard sells required for software in the construction industry – the fast pace and competitive nature of today’s construction projects necessitate high-tech help in the form of software to take care of every [...]
Posted on December 5th, 2011 by Dhiren Gala
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Operational BI delivers the right information at the right time to the right business users to enable them to react rapidly to solve business problems and satisfy new business requirements. It helps organizations work smarter and become more agile, which in turn enables them to be more competitive and to improve customer satisfaction.
By authorizing operational [...]
Posted on November 14th, 2011 by Sanjay Mehta
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