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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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 »
Data governance is a set of processes that ensures that important data assets are formally managed throughout the enterprise. Data governance ensures that data can be trusted and that people can be made accountable for any adverse event that happens because of low data quality. It is about putting people in charge of fixing and [...]
Posted on February 27th, 2012 by Sanjay Mehta
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | 2 Comments »
Do you have an interesting article or news that you would like to contribute on Business Intelligence? Do you want to share your views on any of the Business Intelligence (BI) / Data Warehousing (DWH) / Analytics / BI 2.0 / XBRL / enterprise application technology / Corporate Performance management / Decision Support Systems, etc.?
We [...]
Posted on February 6th, 2012 by Dhiren Gala
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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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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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