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BPM Thought Leaders April 18, 2014

 

Welcome to another edition of the BPM Thought Leaders series. This week we check in with Neil Nobie, COO and BPM Practice Leader for KEDARit Technologies, a professional services firm that delivers innovative lean thinking solutions to their clients. Neil writes regularly on the KEDARit blog, about various topics related to Process Management and Improvement. 

Business Intelligence Blog Round-up for April 17, 2014

 
Business Intelligence Blog
It’s official, business intelligence is at a transitional moment. It’s now less and less accurate to speak monolithically about BI as a whole, since there are now a wide variety of BI systems used for measurement and reporting, and an increasing number for analysis, prediction, forecasting, and optimisation. In ‘Analytics, Business Intelligence are Converging, nor Merging’, Drew Robb discusses how the increased need for analytics is not necessarily a challenge to more traditional business intelligence. For example, many companies still lack the skill sets needed to deploy more developed analytics, and so there is a new trend where tools that automate critical algorithms then automatically serve up visualisations and present patterns to users. 
 
As a result of these shifts in the industry, the field is tending towards balkanisation, with more established players such as Microsoft, SAP, SAS, IBM, and Oracle leaders the pack, but with newer startups such as Birst, Panorama, Alteryx and Pentaho quickly coming up. This was taken from Gartner’s recent ‘Magic Quadrant’ for business intelligence, which handily figures the major players in the BI world into groups. However the changes that are taking place pan out, what’s sure is that BI and analytics more proudly is one of the fastest growing and most prosperous areas of new technology. You can follow Drew Robb’s writings at the Enterprise Apps Today website.
 
Following up from there we are taking a look at developments in the world of cloud-based analytics, where we are seeing a shift to unstructured databases that provide rapid access to data when compared to legacy offerings from SAP and Oracle. In a piece where he takes a look at the newest startups in the data analytics space, Matthew Weinberger take a look at the emerging offerings in this market and talks about how dashboarding tools that display your data in an easily digestible format are making advances. 
Matthew is currently a news reporter with CITEworld where he covers cloud computer and enterprise IT. He has held previously held roles at ZDNet, ServicesAngle.com, Newsday.com and was the cloud evangalist at Nebula. You can connect with Matthew on LinkedIn and on Google+

 

The Challenge of Report Distribution on Mobile Devices

 
Mobile Devices

Increasingly workers are spending more of their time using mobile devices rather than using desktops or workstations. While at home, during their commute to work over lunch and even while they are at their desks many people find the interfaces and operating systems of their mobile devices most pleasant to use. Thanks to the widespread adoption of BYOD, many people can customize their devices with apps that they enjoy using and enhance their productivity. Getting report-based information to your employees that include information such as financial data and charts can pose certain problems, some of which we have outlined below:

5 Types of Financial Report Schedules

 

Continuing our series on report schedules, today we are going to take a look at the financial sector and give you a rundown of the most commonly used and useful reports that are used by banks, credit unions, insurance companies and in the finance and accounting departments of all manner of different industries and organizations. 

What are Event-Driven Analytics?

 

With the ever-increasingly capabilities of data collection and storage, Big Data to its friends, the need for meaningful analytics that makes sense of all of this data is becoming more pressing. Established companies and startups are all moving into the analytics market, with each offering different levels of insight and actionability. Many are cloud-based solutions which link to your database and provide a dashboarding tool that lets you pull in data, crunches the numbers and displays some interesting insights for you to go away and work with. Today we are going to talk about event-driven analytics, which differ from their dashboard-residing cousins. 

BPM Thought Leaders April 11, 2014

 
BPM

In this week's installment of Business Process Management thought leaders, we start by covering Garth Knudson, VP of Sales and Markting for BizFlow Solutions, a BPM Software and Services provider. Garth blogs regularly on the BizFlow blog, and also guest posts on BPM Leader. In a recent article there, he covered 5 Tips for Successfully Managing BPM Implementations

Business Intelligence Blog Round-up for April 10, 2014

 
For all the new opportunities that business intelligence processes can afford to businesses, it’s understood in the field that no matter how integrated your processes is it’s only as effective as the data which drives it. This is no less so in the context of a supply chain, as Donna Fritz, Vice President of Marketing and Product Management for TAKE supply chain notes in ‘Leveraging Supply Chain Data Integration for Actionable Business Intelligence’. She takes a systematic approach to piecing out the possible areas where data accuracy can be lacking, and the multifarious ways in which that can cut into your efficiency. 
 
“It’s critical,” she writes, “to first perform an inventory of all the high-impact data needed for decision-making that is pulled from your ERP to your supply chain systems”. Once this is done, and you’ve ensured you have taken stock, it’s necessary to synchronise the data to occur in near real time, or at intervals that allow for effective decision making in an accelerated business environment. Throughout this process, make sure that the data is clean, that is, unduplicated and accurate. Although it’s not necessary to cover every step in the process, Donna’s most important suggestion is to regularly review processes to ensure that the integration layer remains current, the source data is accurate, and that you can perform advanced functions. You can read more from Donna on her page at TAKE  and find her on LinkedIn.
 
Carrying on from the above discussion, having integrated and clean data is only as strong as what you do with it, as Koka Sexton warns against in ‘UFOs Kill Sales. Here’s How to Defeat Them’. What are UFOs you might ask? Uninformed Fire-Offs are what Sexton calls ‘quick-twitch’ attempts to reach out to valuable new prospects. A salesperson might identify a prospect, but without the data to back that interaction up, the salesperson lacks the context in which to guide that process. Sexton gives advice specific to managing LinkedIn connections and data, but his findings and advice are applicable in a broader contexts as well. You can read more from Sexton here, and find him on LinkedIn.
 
 

5 Types of Report Formats

 
report formats

Different companies with different business users often require their reports in a multitude of formats. This can also apply to a company's customers and suppliers, who have their own preference for the type of format they they want to have their reports sent out in for their record keeping, or so that they can modify the report for their own use. The following are the main report format used:

How To Monitor Your Report Schedule E-mails

 
System Monitor

Having the ability to monitor your report schedule email is a vitally important element of a reporting framework. You need to have a system in place that allows to track what is going on within your scheduling software, what reports are scheduled for sending and what has happened to the reports that you previously had scheduled. That's why you can find the System Monitor tab in the ribbon of CRD, SQL-RD and MARS  or you can launch it as a stand-alone application from your Start menu. It then provides you with the following options:

Business Intelligence Infographic Review: Informatica

 

This week, we’ll be looking at an infographic from Informatica, a California-based business intelligence firm. Entitled “Big Data, Big Returns,” it gives viewers a rundown on how to best capitalize on the potential offered by big data.

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