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 disadvantage of bi


Using BI and BPM to Address the Information Challenges of Midsize Companies
Business intelligence (BI) and business performance management (BPM) are two disciplines that become critical as companies progress through the midsize stage

disadvantage of bi  sources. Clearly, the main disadvantage of disparate data sources is the inability to quickly get a complete, company-wide view of a business entity, be it a customer, profit, a product, or a supplier. Different departments and lines of business have different views of how well their areas are performing, whether a customer is satisfied or not, and whether a supplier is good or bad. This results in a loss of business agility while employees across the business try to work out which version of the data is

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Documents related to » disadvantage of bi

A Definition of Data Warehousing


There is a great deal of confusion over the meaning of data warehousing. Simply defined, a data warehouse is a place for data, whereas data warehousing describes the process of defining, populating, and using a data warehouse. Creating, populating, and querying a data warehouse typically carries an extremely high price tag, but the return on investment can be substantial. Over 95% of the Fortune 1000 have a data warehouse initiative underway in some form.

disadvantage of bi  warehouse run faster. The disadvantage is that information, which may be needed to answer a query, is lost during aggregation. The tradeoff must be carefully weighed, because the decision can not be undone without rebuilding and repopulating the warehouse. The safest decision is to build the warehouse with a high level of detail, but the cost in storage can be extreme. Now that the warehouse has been built and populated, it becomes possible to extract meaningful information from it that will provide a Read More

NoSQL for My BI Solution?


Every day business intelligence (BI) gets closer to chaos. Don’t get me wrong—I’m by no means saying that BI will one day become obsolete and that you'll need to avoid it at all costs. On the contrary, what I mean is that BI will have to go outside the box into a world where data is not nicely structured within well-defined databases and using Structured Query Language—best known as SQL

disadvantage of bi  out to be a disadvantage. NoSQL databases, like other applications, have to go through a maturity process. In time, NoSQL databases might gain popularity and maturity—and be able to provide features to streamline its adoption by organizations as well as enhance user experience and administration. This blog post is but a short introduction to NoSQL. There is a lot more to say on the matter, which I will be doing in the near future. But at this time, it’s safe to say that NoSQL databases—along with Read More

Examples Of How Some Mid-Market Vendors Might Remain Within The Future Three (Dozen)? Part Three: Made2Manage Market Impact and User Recommendations


Smaller manufacturing enterprises are often more comfortable dealing with a vendor of a size and corporate culture similar to theirs. Examples of these markets can be e.g., fresh meats, dairy producers, Tier 2/3 automotive suppliers, etc. Some of these thriving Boutique Vendors will actually be conglomerates of smaller divisions or vendors with a common owner. These might even be a current mid-range vendor who specializes in a series of smaller markets or even a sub-segment of a Big Five vendor

disadvantage of bi  forever had a size' disadvantage (with mere ~$30 million in 2002 revenues and currently with only over 200 employees and 1,600 customers primarily in North America), Made2Manage had long compensated it by providing a suite of applications with an inherent ease of use and low total cost of ownership (TCO) that small enterprises in its target market desire. From its early days in 1986, the company has put all of its efforts solely into serving discrete manufacturing SMEs in need of enterprise application Read More

Summarizing PTC’s Decades of Fervent In-House Innovation (and Acquisitions) - Part 3


Part 1 of this blog series introduced Needham, Massachusetts (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC), which is an over US$1-billion large software company that develops, markets, and supports product development software solutions and related services. My post analyzed the company’s genesis from its inception in 1985 through the mid 2000s. Part 2 then analyzed the most

disadvantage of bi  is sometimes at a disadvantage in IT departments that consider their ERP system as their main system of record. The challenge for PTC (and for its best-of-breed PLM peers, if you will) is to persuade business users and IT managers beyond its traditional stronghold in engineering departments that PTC is their product data system of record. PTC and its partners provide the PLM-ERP product and services integrations for the vast majority of large customers who must connect the product development of PLM to Read More

Solomon Software: Breaking Away from Perception as “Best-of-Breed-Accounting” Vendor


Due to its late expansion into the ERP world, the company has been trailed by its reputation of a best-of-breed accounting software vendor. While Solomon has accelerated its schedule of new functionality, it will be hard pressed with tight “time-to-market” constraints.

disadvantage of bi  Solomon in a very disadvantaged position compared to its competitors against the backdrop of its above-mentioned R&D capital requirements. We believe that, within the next 12 months, the company will have to either acquire (35% probability) or partner with (65% probability) vendors whose products would significantly enhance its human resources, and complex manufacturing and scheduling capabilities. The potential alliance candidates for complex manufacturing functionality are ShopPro Software and MAI Read More

Eco-mode: Benefits and Risks of Energy-saving Modes of UPS Operation


Many newer uninterruptible power supplies (UPS) systems have an energy-saving operating mode known as “eco-mode” or by some other descriptor. Nevertheless, surveys show that few data centers actually use this mode, because of the known or anticipated side effects. Unfortunately, the marketing materials for these operating modes do not adequately explain the cost/benefit tradeoffs. This paper shows that eco-mode provides a reduction of approximately 2% in data center energy consumption and explains the various limitations and concerns that arise from eco-mode use. Situations where these operating modes are recommended and contraindicated are also described.

disadvantage of bi  mode: Benefits and Risks of Energy-saving Modes of UPS Operation Many newer uninterruptible power supplies (UPS) systems have an energy-saving operating mode known as “eco-mode” or by some other descriptor. Nevertheless, surveys show that few data centers actually use this mode, because of the known or anticipated side effects. Unfortunately, the marketing materials for these operating modes do not adequately explain the cost/benefit tradeoffs. This paper shows that eco-mode provides a reduction of Read More

Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

disadvantage of bi  of ERP Investments Part 1: Quantifiable Benefits from an ERP System Originally published - February 13, 2004 Justification of ERP Investments* The expected return on investment provides the cost justification and motivation for investing in ERP. There are quantifiable benefits as well as intangible benefits in the ERP investment decision. The quantifiable benefits have a bottom-line impact on profitability, asset turnover, and a potential effect on stock value. This section discusses the quant Read More

Types of Video Conferencing


The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions.

disadvantage of bi  of Video Conferencing The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions. Read More

Operational BI


By adopting traditional business intelligence (BI) tools, companies have gained valuable insights into past activities and results. However, with operational BI that is different from standard and tactical BI, promptness of information and data in real-time or near real-time is established. Learn how operational BI can boost the timeliness and accuracy of business decisions, and improve operational efficiency and results.

disadvantage of bi  BI By adopting traditional business intelligence (BI) tools, companies have gained valuable insights into past activities and results. However, with operational BI that is different from standard and tactical BI, promptness of information and data in real-time or near real-time is established. Learn how operational BI can boost the timeliness and accuracy of business decisions, and improve operational efficiency and results. Read More

ESS BI Portal Business Intelligence Certification Report


Enterprise Software Solutions' (ESS) BI Portal (version 4.0) is now TEC Certified in the business intelligence (BI) solution space. ESS' BI Portal application enables a centralized, flexible, and integrated repository for data analysis, tightly integrated with MS Report Server and fully Web-based. Certification ensures that Enterprise Software Solutions has demonstrated BI Portal's support for select real-world BI business processes, and that TEC analysts have reviewed BI Portal’s functionality against known benchmarks. Download the BI Portal certification report now for product analysis and in-depth analyst commentary.

disadvantage of bi  Enterprise Software Solutions,ESS,BI Portal,TEC Certified,business intelligence,BI,TEC Certification Read More

The Best-of-class Strategy Makes a Return in the Cloud Era


Irrespective of technology and choice of deployment method, companies must remain versatile in their strategies and operations to stay competitive. This report takes a look at one financial solution that enables the financial executive to have a no-compromise approach to financial modeling and applications choice; i.e., adding, keeping or changing business applications without losing control or increasing the risk of non-compliancy.

disadvantage of bi  Best-of-class Strategy Makes a Return in the Cloud Era Irrespective of technology and choice of deployment method, companies must remain versatile in their strategies and operations to stay competitive. This report takes a look at one financial solution that enables the financial executive to have a no-compromise approach to financial modeling and applications choice; i.e., adding, keeping or changing business applications without losing control or increasing the risk of non-compliancy. Read More

Wipro Point of View: Changing Nature of the Wealth Management Industry


The slump in the wealth management industry has its roots in the financial crisis in America and Europe. This has led to high-net-worth individuals (HNI) getting increasingly attracted to low risk, low management investments. Dr. Ashok Hegde, Global Head of Financial Services, Business Analyst Practice, Wipro, shares his expertise on the current challenges faced by and opportunities available to wealth managers. Read more.

disadvantage of bi  Point of View: Changing Nature of the Wealth Management Industry The slump in the wealth management industry has its roots in the financial crisis in America and Europe. This has led to high-net-worth individuals (HNI) getting increasingly attracted to low risk, low management investments. Dr. Ashok Hegde, Global Head of Financial Services, Business Analyst Practice, Wipro, shares his expertise on the current challenges faced by and opportunities available to wealth managers. Read more. Read More

Customer Experience Management: The Value of Moments of Truth


Customers perceive value based on the experiences they receive—and many big-name companies have tuned into this because they’ve made a connection with customers that transcends the basic functional value they offer. In this first part of a two-part series, learn how traditional customer relationship management (CRM) has often failed in this respect, and how managing customer experiences can drive your revenues.

disadvantage of bi  Experience Management: The Value of Moments of Truth Customers perceive value based on the experiences they receive—and many big-name companies have tuned into this because they’ve made a connection with customers that transcends the basic functional value they offer. In this first part of a two-part series, learn how traditional customer relationship management (CRM) has often failed in this respect, and how managing customer experiences can drive your revenues. Read More

Best Practices for a BI and Analytics Strategy


A growing number of organizations are moving toward having more pervasive business intelligence (BI) by turning to evidence-based decision making supported by a range of BI and analytics technology and processes that enable decision makers to have the best possible intelligence about customers, finances, operations, suppliers, and the market. This white paper addresses several questions that BI customers are facing.

disadvantage of bi  Practices for a BI and Analytics Strategy A growing number of organizations are moving toward having more pervasive business intelligence (BI) by turning to evidence-based decision making supported by a range of BI and analytics technology and processes that enable decision makers to have the best possible intelligence about customers, finances, operations, suppliers, and the market. This white paper addresses several questions that BI customers are facing. Read More