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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The purpose of business is to create a customer
Loyalty program are proven way to engage, retain and enhance life time value of the customer with organizations. Technology integration is critical for business success
1KEY Solution Architecture & Design for Loyalty & Customer Centricity
Improve the Effectiveness of Customer Loyalty Programs
Companies across different industries use Loyalty Programs to [...]
Posted on March 12th, 2012 by Sanjay Mehta
Filed under: Business Intelligence, Emerging Trends, View Points & Perspective | No Comments »
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 »
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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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
Filed under: Business Intelligence, CIO Community, Emerging Trends | No Comments »