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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 [...]

Posted on December 19th, 2011 by Dhiren Gala
Filed under: Business Intelligence, CIO Community, Emerging Trends | No Comments »

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 [...]

Posted on November 14th, 2011 by Sanjay Mehta
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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 [...]

Posted on November 1st, 2011 by Sanjay Mehta
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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. [...]

Posted on October 3rd, 2011 by Sanjay Mehta
Filed under: Business Intelligence | 1 Comment »

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 [...]

Posted on September 26th, 2011 by Sanjay Mehta
Filed under: Business Intelligence | No Comments »

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 [...]

Posted on September 5th, 2011 by Guest
Filed under: Business Intelligence, View Points & Perspective | 1 Comment »

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 [...]

Posted on August 1st, 2011 by Sanjay Mehta
Filed under: Emerging Trends, View Points & Perspective | 3 Comments »

XBRL on Steroids – Power of Analytics

Ministry of Corporate Affairs making submission of financial statements mandatory for large companies in first phase has raised a storm in corporate circles with CFO. There is a strong current and a myth that this compliance will incur huge cost to companies and they will have no internal benefits of XBRL compliance. My justification and [...]

Posted on July 18th, 2011 by Sanjay Mehta
Filed under: Emerging Trends, View Points & Perspective | No Comments »

TEKMINDZ, MAIA join hands to Provide BI Solutions

MAIA Intelligence welcomes TEKMINDZ to its channel to provide operational BI, rich real-time reporting analytics for latter’s enterprise-scale customers MAIA Intelligence, a leading provider of Business Intelligence (BI) software products today announced that it has entered into a partnership agreement with Samin TekMindz, a software engineering company that builds scalable, secure software solutions to provide [...]

Posted on July 5th, 2011 by Dhiren Gala
Filed under: Business Intelligence, Entrepreneurship | No Comments »

Knowledge – of use?

DATA TO WEALTH TRANSFORMATION SYNOPSIS In times when competition is fierce and the market place rapidly changing the most important tool a person has is the capability to obtain relevant data and take it through the path of data to information transformation, information to knowledge and understanding and then, knowing how to use this knowledge [...]

Posted on June 1st, 2011 by Guest
Filed under: Business Intelligence, View Points & Perspective | No Comments »

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