Business Intelligence is top of the mind for CIO's across varied verticals, industries and business of all sizes. High performing companies according to statistics are 50% more likely to use analytic information strategically.
Interest in BI has traditionally continued or even increased during tough economic times.
Uncertain times highlight the importance for companies to make data-based decisions. Knowing who the best and most profitable customers are , becomes that much more crucial, understanding changes in business trends and what is driving them becomes essential for survival. Companies leveraging BI as a competitive differentiator will be able to focus their resources where ROI is highest.
Organizations are looking for efficient ways to drive better, more timely decisions by giving all users access to all the information they need and trust. A complete intelligence platform delivers consistent, accurate, and relevant information that will drive better business decisions and deliver competitive advantage. It is critical for all information to be accessible, regardless of shape and size – structured (in databases) or unstructured (text, e-mail, Web) – independent from the system or application where it resides. For example, the system might be multidimensional, relational, or online analytical processing (OLAP), while applications might be from SAP, JD Edwards, Peoplesoft, or another vendor.
A survey by The Economist magazine confirms that most people don’t have the information they need to make the right decisions for their business. In fact:
- More than 60% of people use “gut feel” to make decisions more than 50% of the time.
- Only 22% say they have the right amount of information to make an informed business decision.
- 77% believe they make bad business decisions because they don’t have sufficient information
SAP has long been a pioneer and leader in the enterprise applications market, helping organizations automate and improve business operations, leading to better business execution.
Just ask yourselves these questions and you will know why Valgen & Why SAP BI / BO?
- “Are your salespeople able to spend enough time with your most profitable customers
- “How do you measure how well your sales force is doing individually and as a group
- “How do you ensure that your production and delivery times meet sales commitments
- “Do you have a complete line of sight into the sales pipeline, leads acceptance, and conversion
- “Can you predict the outcomes based on historical patterns to decide on optimal marketing mix investment
- “What is your process for determining price points on products?”
- “Do you always have all the information you need easily at hand for that process
- “Whom are you typically targeting with your marketing efforts? How do you determine that group
The size and cost of the inventory carried:
- “How much inventory do you need to carry to meet demand? How does your buffering strategy work?”
- “What are your strategies around keeping that as lean as possible"?
- “How do you ensure that you are getting the best deals from your suppliers?”
- “What kinds of strategies do you have in place to be audit ready?”
- “How long do users have to wait for new reports?”
- “Do you get a lot of requests from analysts or business units looking for information that’s not on their standard reports? How are you managing with these?”
- “Where do you keep your best information on your customers?”
- “What departments have access and make use of that information?”
Dashboards—in real-time, giving everyone in your business the business critical information they need, at anytime