Have all the data but not the full picture ?
Business Intelligence is not a software application but rather concept of accelerating and improving decision making; optimizing internal business processes; increasing operational efficiency; driving new revenues; and gaining competitive advantages over business rivals. BI systems should help companies identify market trends and spot business problems that need to be addressed.
It encompasses displaying historical data as well as new data as its generated from source systems enabling analysis to support both tactical and strategic decision making processes
Business intelligence combines a broad set of data analysis applications, including ad hoc analysis and querying, enterprise reporting, online analytical processing (OLAP), mobile BI, real-time BI, operational BI, cloud and software as a service BI, collaborative BI and location intelligence. BI technology also includes data visualization software for designing charts and other infographics, as well as tools for building BI dashboards and performance scorecards that display visualized data on business metrics and key performance indicators in an easy-to-grasp way. IBM Planning Analytics is a data analytics platform with built-in cognitive intelligence
8 reasons to why Planning Analytics is your saviour (Powered by TM1)
- Connects to all your data Sources
- Real time calculations and dashboards
- In memory 64 Bit technology
- Seamless Excel interface
- Evolves with the business
- Self Service Usability
- Write back capability
- Cloud/On premise
Any modern business cannot rely on platforms that are out of date and takes a lot of time and effort to provide insights and decision support capability. It is expected that end users would have ability to explore and interrogate their data they are familiar with to provide analytics and exceptions in real time.
Business world is constantly evolving and BI applications need to be robust to support the growing business without perpetual development cycles.
Decision makes need to be able to see all of their data in single dashboard with ability to drill into the details and slice and dice to take corrective actions or take advantage of opportunities
About Octane
CONSULTING | DELIVERY | SUPPORT | TRAINING
Octane Software Solutions is an IBM partner specialising in Business Intelligence. We provide our clients advice on best practices in Business Intelligence Solutions and scaling up applications to optimise their investment. Our team consists of highly experienced consultants with proven track record of successful project delivery with blue chip clients globally. Our people is our key differentiator !
Octane has its head office in Sydney, Australia and branch offices in Bangalore and Delhi, India. We have in house capability to deliver projects of any size and complexity and provide ongoing 24/7 support.
www.octanesolutions.com.au
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