Wanted to share some of the information I received from this article posting - and share some resources as well. Some great reading and references here! Happy New Year Everyone (be safe - and have a wonderful and prosperous 2011.) Sincerest wishes to ALL !!
IBM has published a wonderful whitepaper called "Business Intelligence and Analytics Fundamentals" that is a great BI-for-beginners reference.
White Paper Details
Business Intelligence and Analytics Fundamentals
from IBM
Summary:
Business intelligence (BI) and analytic technologies are seeing rapid growth in today’s tight economy, driven by fierce competitive pressures. Also fueling growth is the technologies’ ability to improve decision-making, identify new business opportunities, maximize cost savings, and detect inefficient business processes.
This paper from Ovum Research examines the key criteria and considerations you need to be aware of when evaluating your organizations BI and analytics strategy.
IBM Whitepaper: BI and Analytics Fundamentals - WebBuyerGuide.com
Guillermo (Bill) Cabiro responded to a posting in the LinkedIn Business Intelligence Group:
Guillermo (Bill) Cabiró
Strategic Analytics: Integration of Market Intelligence & Business Performance Metrics provides a profitable advantage. |
• Daniel, Interesting article. Business Intelligence and analytics software capability is light-years ahead of the semantic quality of the data. This is because ERP transaction data is a by-product of the order entry system, designed to ship orders on time; not to build a strategic data base for marketing or HR. Companies need to merge internal data with external intelligence sources using the power of BI tools.
Traditionally deployed BI is usually of little or no value to Strategic Business areas. What I propose in these articles is a different approach to exploit the power of BI and analytics to provide the strategic direction that supports profitable growth. http://blog.strat-wise.com/
LinkedIn Groups |
I can provide answers to many of the issues in this discussion. IQity Solutions provides real time access to production data via the cloud. Executives can view instantaneous factory activity from their browser and immediately call for action. We monetize this information through the integration of PLC data, human capital knowledge, and ERP systems and show a gap between the current situation and the financial potential of maximum performance. We are able to show a ROI for this information over 500% in 8-12 months due to the low cost of cloud implementation.
Posted by Ben Sabatini
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