I NEED...
- A way to measure business performance
- The ability to analyze my ever-increasing volume of data
- To create processes that help me understand what’s going on in
my business
- To be fully compliant
Successful companies understand that measuring business
performance is the first step to improving it. At Logicalis we
understand that Business Intelligence is not a project. It’s a
business process. We help you implement data management strategies
that integrate applications and technologies, provide access to
data and give you the ability to analyze this data. Our Business
Intelligence practice enables you to create processes that provide
a more comprehensive knowledge of the dynamic factors affecting
your business.
The fundamental way business intelligence impacts the balance
sheet is by helping companies strengthen decision-making at all
levels, from senior executives to those in daily operations.
The key components of Business Intelligence are:
- Enterprise reporting includes basic ad hoc and report templates
generated from available data that create snapshots of specific
aspects of an organization’s operations. Often they draw on data
from multiple sources and merge them together. (Read a case study
about a Portfolio Management Reporting Solution that Logicalis
developed for Marix Servicing here: http://www.us.logicalis.com/our-customers/case-studies/marix-servicing---portfolio-ma.aspx)
- Executive Information Systems (EIS) apply intelligence to the
data that is reported and produce score cards and Key Performance
Indicators (KPIs) that show whether standards are being met or not.
Often presented in enterprise portal dashboards, EIS systems
present an analysis of the current health of an organization.
- Predictive analytics uses techniques like pricing optimization,
market basket analytics, and clustering to identify and project
trends. They look into the future and help you see where you are
going instead of where you’ve been.
Master Data Management
Ensuring the quality of the data from which reliable intelligence
can be gleaned is the role of master data management. An often
overlooked first step for business intelligence, master data
management is a workflow-driven process that enables business units
and IT to collaboratively harmonize, cleanse, publish and protect
data assets to be shared among groups within an organization.
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