Tag: Business Intelligence
The business intelligence market is growing by leaps and bounds. Large and small companies are investing in BI – some with great results, others mixed results and some with disastrous results. The outcomes are based on numerous variables and we certainly don’t have time to go into all of those variables in this article. But, there is one thing that often factors into these outcomes (positive or negative) and that is something that BI vendors and BI customers must consider.
ElegantJ BI provided browser-based BI tools that could be easily deployed across the organization, with powerful cross-tab, time series analysis, graphical analytics, personalized sales dashboards and exception reporting. The ease of implementation and deployment enabled the organization to implement the BI solution in no time, using its own IT team to develop BI objects with little hands on training. ElegantJ BI team provided support and services to integrate BI tool with an ERP from Local Vendor and later to migrate it to SAP ERP to meet analytical needs of users across the organization.
Customer relationship management (CRM) is not for the faint of heart! Marketing, advertising, sales and customer service representatives can no longer guess at or dictate what their customers want. Today’s business clients and consumers are more sophisticated. They are used to targeted products, targeted marketing and advertising and customer service representatives who anticipate their needs and are prepared with great products and services. If you want to attract customers to your online store or website, or improve your sales conversions with social media marketing or call center up selling, you must first understand your target market, and what your customers truly want.
‘Key Performance Indicators’ or KPIs as we say, are very important to the enterprise and nearly every company is talking about them, these days. But, there are still a lot of businesses that don’t know how to define the right KPIs to get a good picture of success. To really understand where you are succeeding and where you are falling short, you have to measure the right things. For example, if your goal is to increase sales in the Minneapolis store by 5% in the year 2015, you couldn’t determine success by establishing a KPI to measure the number of shopping bags you have on hand in the store.
The business intelligence (BI) solutions of today are far more flexible than the BI tools of old. One of the reasons for this improved flexibility is that vendors are responding to user demands for more responsive, personalized solutions and to business requirements to invest once and leverage a solution for the long-term. In order to meet these requirements and needs, vendors must get smarter about design and build a foundation that is flexible enough to accommodate new, unanticipated user needs.
Do self-serve BI tools support data governance, integral data security and organizational IT standards and policies? In some cases, the answer is ‘no’. But, that shouldn’t stop you from looking at self-serve BI tools. The question isn’t whether the integrity of data governance can be preserved when using self-serve BI tools. The question is really, ‘which vendor should I select in order to achieve true self-serve BI and data democracy without eroding data governance and security?’
An India-based Highway Toll Plaza Management Co. selected ElegantJ BI to help them create a central data warehouse system with validated, timely data from all toll plazas and provide uniform multidimensional BI information architecture. ElegantJ BI helped the organization consolidate data validate and improve data quality and design a central data warehouse to leverage dashboards, KPIs, analytical features and reporting functionality with ready-to-use toll plaza management templates that helped the client to implement the solution swiftly.