Quality Data: A foundation for BI Success

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 […]

Life after Business Intelligence

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 […]

Semantic layer technology reduces value of BI investments

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 […]

Democratisation of BI

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 […]

Increase Velocity of Decision Making

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 […]

Levels of Decision Making

Business Intelligence (BI) has been used by organizations since the last decade in various different forms: some using manual generated reports while some using system generated; some using static reports while some using dynamic reports; some reports only available to top management while some used at operational level. Most BI systems are specialized in managing […]

Converting Data into Information

To make better decisions by analysis, Organization executives and managers need relevant and useful facts at their fingertips. But there is usually a huge gap between kind of information needed by corporate executives as well as low level employees and the information available due to day to day transactions. We call this the analysis gap. […]

Taking Informed Decisions

Decision making can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice. The output can be an action or an opinion of choice as per Wikipedia. Everyone, May it be an individual, a family, a […]

Data Federation Technology – Pros and Cons

Data federation is a category of data integration technology that provides the ability to query and aggregate data from disparate sources in a virtual database so it can be used by business intelligence, reporting, or analysis applications. The virtual database created by data federation technology doesn’t contain the data itself. Instead, it contains information or […]

MCA-XBRL mandate update

The following blog post is an update on MCA-XBRL mandate. The Department of Financial Services (DFS) in the Finance Ministry has a new Secretary in Mr D.K. Mittal. Prior to this appointment, Mr Mittal was Corporate Affairs Secretary (Aug 1 news). Due to this new movement in ministry MAIA Intelligence expects XBRL movement to happen […]