In a way, a strong juxtaposition as it may sound, Business Intelligence (BI) is getting horizontally verticalized. There are three types of verticalizations that are happening in the BI space. One is in terms of function, like balance sheet (financial) consolidation, Inventory Consolidation and the other is in terms of industry segments like healthcare, logistics. The [...]
Posted on August 16th, 2010 by Sanjay Mehta
Filed under: Business Intelligence, Emerging Trends | No Comments »
Secondary Sales is very crucial information for companies involved in supply chain like FMCG companies. Many a times such companies face challenges to retrieve the information from their distributors and this in turn makes the company suffer in a competitive industry.
Generally, 30% of secondary sales data is shared with the enterprises; reasons being numerous, but [...]
Posted on April 13th, 2010 by Sanjay Mehta
Filed under: Business Intelligence | 1 Comment »
New partnership shall help organizations maximize return on their ERP investments with MIS reporting and data analytics
MAIA Intelligence, a leading provider of powerful, intuitive and robust Business Intelligence (BI) software products for ad-hoc reporting, complex analysis that meet the dynamic MIS needs of corporate business users, today announced Religare Technova IT Services Ltd. (represented by [...]
Posted on February 16th, 2010 by Dhiren Gala
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There is always a challenge to close the accounting books quickly and publish the statutory balance sheets with profit and loss accounts statement or for that matter internal financial MIS for monthly quarterly or yearly. There are various challenges when there are group of companies, local subsidiaries, international subsidiaries, branches, strategic business units, sister concerns, [...]
Posted on February 8th, 2010 by Ashwin Dedhia
Filed under: Business Intelligence, View Points & Perspective | No Comments »
Combine enterprise resource planning (ERP) with business intelligence (BI) and you have the “perfect storm” for improving performance and visibility in information management strategies, according to a new study from Aberdeen Group Inc.
The Boston-based business research firm gathered data from three surveys, including 520 responses to an ERP survey and 470 responses from two BI [...]
Posted on October 26th, 2009 by Dhiren Gala
Filed under: Business Intelligence | 3 Comments »
The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. The typical Key Performance Indicators in automotive industry could be:
Efficiency of SCM operations
Inventory Turns
Total costs
Use of Technology
Document issues
Supply chain disruptions
Supply/demand imbalances
Operating environment
Outsourcing and off-shoring production
Manufacturing cycle time
Productivity and Competitiveness
Production equal to demand (supply vs. demand curve)
Velocity and [...]
Posted on August 3rd, 2009 by Dhiren Gala
Filed under: Business Intelligence | No Comments »
Business Intelligence tools are being used by banks for historical analysis, performance budgeting, business performance analytics, employee performance measurement, executive dashboards, marketing and sales automation, product innovation, customer profitability, regulatory compliance and risk management. Let us take a look at some of these applications.
Historical Analysis (time-series)
Banks analyse their historical performance over time to be able [...]
Posted on May 7th, 2009 by Ashwin Dedhia
Filed under: Business Intelligence, Emerging Trends | 1 Comment »
This just in… A recent research report states Business Intelligence is in the top 10 initiatives for CIO’s this year.
How many times have you seen the above statement? The answer probably gives some indication of just how old you are! Think about it, every year there are multiple sources (research reports, technology magazines, etc.) that [...]
Posted on April 1st, 2009 by Guest
Filed under: Business Intelligence | 2 Comments »
CA Ashwin Dedhia
Business intelligence (BI) is no longer a back-office, nice-to-have application. It’s the next business differentiator. Acquisitions & mergers are taking place in BI and corporate performance management (CPM) market. 2007 has been the year of dramatic BI consolidation. One of the hottest segments of the tech industry, BI software, is going through [...]
Posted on February 6th, 2008 by Ashwin Dedhia
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | No Comments »