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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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 statistical definitions and terms


Thinking Radically: Interview with Timo Elliott, SAP’s Technology Evangelist
It is hard to imagine that organizations like SAP or former Business Objects (BO)—now a division of SAP—were once start-up companies. Nowadays on the business

statistical definitions and terms  BusinessObjects? TE: I’m a statistical economist by training, but when I left school, I wanted to see the world. I ended up working on an analytics project at Shell in New Zealand, with a makeshift system including a mainframe reporting tool, exports to Lotus 1-2-3, custom macros, and a pen plotter. A few countries later, I joined Business Objects in 1991 as the eighth employee—prompted largely by the realization that the project that had taken me a month at Shell could be done in less than a day

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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

Business Intelligence (BI)

Business intelligence (BI) and performance management applications enable real-time, interactive access, analysis, and manipulation of mission-critical corporate information. These applications provide users with valuable insights into key operating information to quickly identify business problems and opportunities. Users are able to access and leverage vast amounts of information to analyze relationships and understand trends that ultimately support business decisions. These tools prevent the potential loss of knowledge within the enterprise that results from massive information accumulation that is not readily accessible or in a usable form. It is an umbrella term that ties together other closely related data disciplines including data mining, statistical analysis, forecasting, and decision support. 

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Documents related to » statistical definitions and terms

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.

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Reflections on Lean Philosophy and the Theory of Constraints


The theory of constraints (TOC) is similar to, yet different from, the lean philosophy. TOC focuses on optimizing production through critical bottlenecks in order to meet market demand.

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CRM, Success, and Best Practices: A Wake Up Call Part One: Searching and Establishing the Business Parameters of CRM


Customer relationship management is a sophisticated set of customer-facing tools; however, its technology has outpaced the management strategy used to implement it. Moreover, murky definitions and objectives have caused varying degrees of success and failure to emerge from the same initiative. Clearly defining the objective, implementing holistic best practices, and ensuring that senior management understands CRM as a business strategy can help maximize a CRM investment.

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Making Your Supply Chain a Competitive Advantage: Implementing S&OP


Improving the supply chain is essential for any company that wants to gain or maintain a competitive edge. To do this, companies are adopting sales and operations planning (S&OP) strategies. Years ago—when the pace of market change was slow—S&OP was a nice-to-have; today it’s a business imperative! But it doesn’t have to happen overnight. By taking a five-step approach, companies can implement S&OP at their own pace.

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Adonix Grows Roots Against The Odds Part 2: Challenges and User Recommendations


Adonix often comes ahead of larger global players in terms of functional fit, pricing, and understanding of the local requirements in the distribution area. The company still faces challenges presented by limited financial resources to adequately fund multiple key strategic initiatives including brand marketing, undeveloped global channel and brand recognition, and formidable competition within the market of Adonix’ future expansion focus (particularly the North American market).

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Rosslyn Analytics Partners with Differentia Consulting


Under the terms of the newly announced partnership with Rosslyn Analytics, Differentia Consulting, one of the United Kingdom’s largest technology consultancies and QlikTech’s largest UK partner, will develop QlikView apps using Rosslyn Analytics’ cloud-based RAPid enterprise data enrichment platform for clients in the UK and Ireland and their associated global affiliates.  The important bit

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Adonix Expands X3 And Its "French Connection" Part 2: The Future


Adonix often comes ahead of larger global players in terms of functional fit, pricing, and understanding of the local requirements in the distribution area.

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How to Create a Business Case for Your Human Resources System


Getting CFO or CEO approval to purchase a new software system is often a challenge—but more so if that system is for human resources (HR), as HR is not traditionally considered a profit center. You need a business plan to gain management buy-in for your proposed HR project. Not sure what your plan should address? Find out the key components of a persuasive and detailed business case, so you can get support for your initiative.

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Five Metrics Your Business Can't Live Without


Certain parallels can be drawn between professional services companies and manufacturing plants when it comes to measuring performance in terms of time and resources. But professional services companies don’t manufacture a physical product or manage an inventory, so it can be a challenge to measure how well the business is really doing. Such companies need to rely on metrics to assess their performance.

This white paper posits five metrics that professional services organizations need to stay on top of in order for their business to succeed. These metrics help measure some of the key aspects involved in providing professional services, so you can establish how much you can bill, whether or not you’re turning a profit, how well you’re sticking to the budget, where within your organization the money is coming from, and who’s working on what.

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Workforce Analytics: Changing and Winning the Game


Human resources (HR) is an increasingly strategic player in gaining a competitive advantage, especially in terms of workforce analytics. But HR organizations struggle when they spend too much time gathering data instead of acting on it. By implementing a comprehensive workforce analytics solution, they will start to win the "changing game" and—more importantly—drive corporate results that matter.

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