Business Intelligence - information and insightBusiness Intelligence is a broad term which covers reporting, analytics, dashboarding, scorecarding and more.
Historically Business Intelligence has offered the promise of everyone having organisational information at their fingertips for day-to-day decision-making. Unfortunately many vendors break this promise and in many organisations this promise remains unfulfilled.
Analysts point to the transformational impact of Business Intelligence, with Gartner stating that "while ERP helps you do things better, BI helps you do better things".
The Business Intelligence market has undergone significant change recently with Microsoft PerformancePoint Server's combination of rich functionality, integration with Office, and low cost a major driver of change. Change in the Business Intelligence space is also being driven by a move beyond traditional BI, reporting and analysis, to broaden the scope of BI users and increase the depth of analysis undertaken by specialists.
Manigent works with management teams to support their organisations as they drive forward Business Intelligence agenda - whether that is a traditional BI agenda, a pervasive BI agenda or an Analytics agenda. We work with clients to develop Business Intelligence processes and capabilities supported by Microsoft technologies. Our focus is on developing capabilities in five key areas:
Manage – the capability to balance desired performance against acceptable levels of risk.
Align – the capability to understand which strategic activities most effectively drive performance and mitigate risk.
Monitor – the capability to understand what current and past levels of performance and risk are.
Analyse – the capability to understand why performance and risk are at current levels.
Plan – the capability to model and stress-test future levels of performance and risk.
Key benefits of Business Intelligence
- Identify revenue improvement opportunities such as cross-sell or up-selling.
- Identify cost reduction opportunities via improved cost transparency.
- Drive down operational errors and losses.
- Drive up productivity by moving decision-making to the 'coal-face' decision-makers.
- Provide the right information to the right people at the right time.
- Improve decision making and enable proactive action taking.
- Improve efficiencies and drive down costs through better visibility.
- Drive up productivity by moving decision-making to the 'coal-face' decision-makers.