According to Sanjay Mehta, CEO, MAIA Intelligence enterprises need to grow beyond the four walls of spreadsheets and start building data-warehouses in order to gain enterprise-wise transparency and a competitive edge.
Business dynamics changes drastically in any industry—be it manufacturing, retail, telecom, pharmaceutical, healthcare or BFSI. There is competition in every business. Performance is the key [...]
Posted on June 14th, 2010 by Sanjay Mehta
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Pidilite eliminated spreadsheet-based manual closing of books and financial consolidation with MAIA’s 1KEY FCM By Rajendra Chaudhary
A layman may not know much about Pidilite but ask him about adhesives and the first name that you would be likely to hear would be that of Fevicol—which has become a household name in adhesives. Such is the [...]
Posted on June 7th, 2010 by Guest
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Construction industry today has undergone lots of transformation in their operational methodologies and processes. It is becoming ever more competitive and complex. More businesses than ever before now need to rely on fact-based decision making and analytics to get ahead.
Companies in construction can succeed based on their ability to achieve constant, repeatable yield from each [...]
Posted on May 17th, 2010 by Vikram Kole
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As market pressures demand increased innovation and shorter time-to-market product lifecycles, pharmaceutical companies need to re-think evaluating alternative business models, focusing on technologies – such as business intelligence (BI) tools. BI helps measure Key Performance Indicators which should be monitored as a part of any business strategy across the industries.
Posted on May 10th, 2010 by Dhiren Gala
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Business Intelligence (BI) addresses various pain points of the healthcare industry:
- Reduction in administrative cost
- Discovery of new revenue opportunities
- Supply cost optimization
- Fraud identification
- Detection of cost effective treatments vs. inefficient ones
- Disease management targeting early prevention vs. expensive late-stage therapies
Healthcare organizations can use 1KEY BI to report on key performance indicators / metrics [...]
Posted on April 26th, 2010 by Dhiren Gala
Filed under: Business Intelligence | 2 Comments »
Key Performance Indicators (KPI) for Hospitality industry help remove the guesswork from managing the business by checking the numbers that tell what’s really happening.
There’s a business saying: ‘If you can’t measure it, you can’t manage it!’ Real, responsive management needs reliable and truthful figures on which decisions can be based. If there are problems, you [...]
Posted on March 15th, 2010 by Dhiren Gala
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Stock Broking, like the other financial services organizations have realised the need to deploy BI to manage risk, detect fraud, leverage customer insights and gain visibility into profitability.
Major Revenue Sources of Stock Broking Organizations could be Brokerage from Cash, F&O, Commodity, Insurance, Mutual Funds, PMS, Wealth Mgt. Fees, Proprietary Trading, Margin Funding, Arbitrage, DP Operations [...]
Posted on January 25th, 2010 by Dhiren Gala
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The airline industry has many challenges. There are times when airline managers have to drastically cancel a flight, leading to a mob of angry and anxious passengers. Oftentimes, these scenarios lead to the hassle of refunding airplane tickets and sometimes long term wounds, such as a decline in the number of passengers. The challenges vary [...]
Posted on November 9th, 2009 by Dhiren Gala
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Key Performance Indicators (KPIs) are used in various organizations to measure overall and individual contribution to the goals of an organization. Usually the travel agency outlines a number of KPIs to estimate performance and evaluate current progress. For example, task performance of the travel agents can be evaluated by comparing the quantity of tours actually [...]
Posted on October 21st, 2009 by Dhiren Gala
Filed under: Business Intelligence | 4 Comments »
Customers are the heart of any business. One unshakable rule of Retail business is to “know your customer.” In today’s business climate, this means using business intelligence (BI) software to analyze complex customer data. With BI, companies can answer a wide range of critical questions about their customer base. The questions can include:
• What are my [...]
Posted on October 5th, 2009 by Sanjay Mehta
Filed under: Business Intelligence | 1 Comment »