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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 regression analysis example case


Predictive Analytics and the Evolution of BI
In the last couple of years, the popularity of predictive analytics offerings has increased significantly, as many companies looking to improve their existing

regression analysis example case  risk levels, etc.) and regression (for continuous variables, such as blood pressure, liquid levels, etc.). To perform its task, the predictive model uses historical data to generate its outcome. So, for example, based on the analysis of historical data it is possible to address specific business cases and attempt the prediction of business scenarios such as customer behavior (shopping and consumption trends), product supply and demand prediction, fraud detection, risk assessment, customer churn rates,

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » regression analysis example case

How to Choose a Hosted CRM Application for SMBs


While virtually all hosted customer relationship management (CRM) applications support sales force automation, marketing campaign management, and customer service, providing front-to-back-office integration has become a clear differentiator for small to medium businesses (SMBs). Read this white paper—which includes a handy table of evaluation criteria—to find out how to select the right hosted CRM software for you.

regression analysis example case  / Profiling Sales Performance Regression Modeling Market Segmentation Event / Rules-based Interactions Source: AberdeenGroup, June 2006 All of the vendors mentioned enable end-users to run operational reports for sales, marketing and/or customer service analytics. Sales analytics might include pipeline forecasts, opportunity management, and win/loss metrics. Marketers use CRM to perform customer segmentation and/or ROI assessments on marketing campaigns. Conversely, customer service analytics are used to Read More

Using Predictive Analytics within Business Intelligence: A Primer


What are predictive analytics, and how are they used within business intelligence applications and for business performance management?

regression analysis example case  become bad debt accounts. Regression analysis is another component of predictive analytics that allows users to model relationships between three or more variables in order to predict the value of one variable in comparison to the values of the others. It can be used to identify buying patterns based on multiple demographic qualifiers such as age and gender which can be beneficial to identify where to sell specific products. Within BI, this is beneficial when used with scorecards that focus on geography Read More

Advancing the Art of Pricing with Science


Companies in search of a better, more precise method to determine the best prices for their products and to meet their margins, should harness statistical science to analyze transactions, and associated optimization algorithms to maximize revenues and profits.

regression analysis example case  uses statistical techniques (generally regression models) to analyze actual sales or offer transactions to obtain estimates of price response across segments, and price elasticity within them. These methods are widely employed and, if well designed and executed, can be successful at extracting measures of price responsiveness from other factors that influence customers' purchase behaviors. One may refer to the use of these methods as relying on natural data. That is, empirical data that is pertinent to Read More

Cincom Sticks to CONTROL of ETO and MRO Part 2: Market Impact


Cincom's latest product release covers many new bases, is architecturally adequate and remains a well-attuned offering for ETO and MRO enterprises. While it is a competitive product that will create buzz in its markets, the road to success is by no means guaranteed.

regression analysis example case  future upgrades (via a regression control). A native APS component allows assemble-to-order (ATO) and MTO planning to be priority driven, as to enable users to change order priorities without having an impact on due dates, and to also enable them to examine the results before selecting the optimum workflow, all with a view to maintain low inventory costs, use machinery efficiently, and satisfy fluctuating customer demands. ETO sector-specific additional functionality includes subcontract control, project Read More

Case Study: Alltech


Alltech, a multinational biotechnology company providing natural solutions to the feed and food industries, found itself with a disjointed, IT infrastructure with overlapping accounting systems. Using a powerful dashboard, users can view information from sixty-three databases to manage the business more proactively.

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Case Study: Interdyn


Interdyn, a solution integrator specializing in the Microsoft Dynamics line, showed an insurance brokerage how to access the data locked in its customer relationship management (CRM) system. After being shown a business intelligence (BI) solution made just for Dynamics CRM, the client immediately saw the value of having its CRM data presented in visual reports using dashboards showing multiple metrics. Learn more.

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ROI Case Study: IBM Business Analytics - Cincinnati Zoo


This case study recaps a nonprofit organization’s business challenges and the benefits it realized upon adopting a business intelligence (BI) solution. The organization needed to combine its data and improve its reporting capabilities for various data types. The BI solution significantly improved the decision-making capabilities of the organization’s executive team, mid-level managers, and employees.

regression analysis example case  business intelligence dashboards,business intelligence solution,ibm business analytics,ibm cognos bi,roi case study,day-to-day operational decisions,business intelligence reporting capabilities,business intelligence solution providers,business intelligence software solution,business analytics and optimization ibm,ibm business analytics and optimization,oracle business intelligence dashboards,business analytics ibm,ibm business analytics software,business intelligence solution architecture Read More

Case Study: Yahoo!


Yahoo! needed to find a learning management system (LMS) that could keep up with the pace of change and the challenge of serving 16,000 employees around the globe. Learn how the company established a single LMS that serves its US locations—as well as those in Asia and the United Kingdom (UK)—and how the new system reduced deployment time for custom content, and tied learning to specific business metrics.

regression analysis example case  sumtotal systems,online learning management system,learning managment system,lms scorm,elearning training,open source lms,lms vendors,training employees,lms software,lms comparison,lms solutions,lms hosting,elearning,lms providers,learning content management system Read More

The Case Against Modifying Your Enterprise Software


The case against modifying enterprise software is a strong one. Standard software offerings are the products of millions of dollars of research, development, and extensive testing for consistent performance. For this and various other reasons, modifications almost never make sense.

regression analysis example case  enterprise application modifications,software modifications,TCO,total cost of ownership,legacy systems,business logic,custom programming,customization,best practices,custom software Read More

Cost Reduction of a Product through Value Analysis and Value Engineering


Value analysis and value engineering (VAVE) is a systematic process for analyzing the functions of a project, product, process, system, design, or service in order to achieve essential functions at the lowest life cycle cost. VAVE methods are very important and useful in driving down product costs, which helps companies retain market share and sustain their profitability. Learn how.

regression analysis example case  Reduction of a Product through Value Analysis and Value Engineering Value analysis and value engineering (VAVE) is a systematic process for analyzing the functions of a project, product, process, system, design, or service in order to achieve essential functions at the lowest life cycle cost. VAVE methods are very important and useful in driving down product costs, which helps companies retain market share and sustain their profitability. Learn how. Read More

SAP ERP Market Analysis for SMB'S


As you'll discover in SAP ERP for SMB, SAP offers a range of ERP solutions for small and midsized businesses including a SaaS-based version called...

regression analysis example case  ERP Market Analysis for SMB'S Some still think that SAP, the world's largest enterprise resource planning (ERP) vendor, markets only to larger corporations. As you'll discover in SAP ERP for SMB , SAP offers a range of ERP solutions for small and midsized businesses (SMBs)—including a SaaS-based version called SAP Business ByDesign. In this Aberdeen market analysis , you'll also learn about the major trends and drivers in the ERP SMB market, and how SAP ERP solutions are helping SMBs streamline and Read More

Case Study: HireIQ




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Case Study: NET


Founded in 1983, Network Equipment Technlogies (NET) provides network and voice exchange solutions for government and enterprise customers worldwide. To increase its operational efficiency, cut costs, and improve government reporting and compliance capabilities, NET needed a new enterprise resource planning (ERP) system. Find out how switching to Microsoft Dynamics AX has helped NET save an estimated $1.5 million (USD).

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Case Study: Virtu


A rapid growth in production encouraged ready-made food product manufacturer Virtu to invest in a new enterprise resource planning (ERP) system. The ERP solution helps the company manage hazard analysis and critical control point (HACCP) standards, recipe-based production planning, warehouse management, bookkeeping, and product shipping. Learn more about the ERP solution and the company’s plans for further automation.

regression analysis example case  Study: Virtu A rapid growth in production encouraged ready-made food product manufacturer Virtu to invest in a new enterprise resource planning (ERP) system. The ERP solution helps the company manage hazard analysis and critical control point (HACCP) standards, recipe-based production planning, warehouse management, bookkeeping, and product shipping. Learn more about the ERP solution and the company’s plans for further automation. Read More