Why you need BI
The need to integrate data from multiple business applications or data sources
Lack of visibility into the company’s operations, finances, and other areas
The need to access relevant business data quickly and efficiently
Increasing volume of users requiring and accessing information and more end-users requiring analytical capabilities
Rapid company growth or a recent or pending merger/acquisition Introduction of new products
Different types of ROI an organisation can glean from a business intelligence solution include revenue enhancement, margin protection, cost reduction and sometimes cost avoidance, and capital cost avoidance. Businesses can also see some intangible benefits of strategic value, such as faster reporting, better management information, better decision making, and more productive users.
The Game is Changing
The game is always changing for small and midsize organizations as major technology trends continue to transform the business landscape.
The Cloud Saves Your Money.
Small and midsize businesses (SMB) spending on cloud based BI services are growing 24% annually. Our solutions allow organizations the advantage of reduced capital costs and major time-savings of using a hosted platform for their IT services on a “pay-as-you-go” service model.
Using Data to Compete
With an increasingly competitive business environment, SMBs are always seeking new ways to differentiate themselves with customers and stay ahead of the competition. In an AMI Research study, SMBs cited “improving customer experience” as the number one planned activity looking ahead.
Because everyone needs to make decisions.
You are sitting on a goldmine of data but your challenge is mining that data in a way that helps you grow your business.
What Benefits can you Expect?
Share information efficiently and effectively with people across your organization. BI makes it easy for everyone- from decision-makers to functional teams- to access and analyze up-to-date information anytime, anywhere. Everyone throughout the company can make better decisions, faster.
Empower your people. Providing employees with access to analytical data that is readily available and understandable allows them to work more effectively and support the overall business strategy.
Simplify collaboration and sharing and improve alignment with a single source for accurate financial and operational information. Having a single, central location allows you to monitor your key performance indicators (KPIs), access reports, analyze your data, and share documents. All of the functional areas are aligned to articulate strategies, set objectives, and monitor the organization’s performance so you can make better informed and timely decisions that support your overall business strategy.
Gain insights to understand and analyze your business performance and opportunities on a deeper level. Analyze and evaluate information that is more accessible and easy to interact with to make strategic and tactical decisions.
Deliver meaningful analysis and reporting. Readily track and analyze KPIs against key business goals to gain a better understanding of how your business is performing today and not when it’s too late to impact performance.
Have a solution with the scalability and flexibility to grow and change as your organization does. Many companies rely solely on the most widely used BI tool, the Excel spreadsheet. While Excel offers many useful features such as graphs, charts, and pivot tables which assist in decision-making, it doesn’t scale to your business. Also, compiling data from multiple, disparate databases is time-consuming and is prone to errors.
Mobile is a Differentiator.
More employees are working from home and on the road—and using a growing assortment of mobile devices to do this work. It is estimated that 85% of SMBs have employees using smartphones at work
Mobility creates a number of business benefits with greater speed and improved productivity, but it also create new challenges in supporting multiple devices and securing data
Many are recognizing the value of data in helping differentiate their business—
better understanding customer preferences and
Delivering improved service, or
Reaching prospects with the right marketing and sales messages.
There is useful data everywhere—both inside and outside of the organization. The challenge is making it easy to put that data to use to achieve business goals.