All building blocks brought into line
A successful business intelligence & analytics system needs more than just dependable technology. An important requirement is a good understanding throughout the whole organisation of the business strategy, business models and operational approach. Organisations are founded on three closely linked building blocks: people, processes and technologies. Pay too little attention to their mutual coherence and silo structures will occur. These put a brake on growth and output. A holistic approach to BI & analytics helps you bring all building blocks into line, resulting in better operating results.
One truth, many views
An important goal of BI & analytics is to identify the extent to which operational activities contribute towards realising business strategy. Just one version of the truth is a basic requirement for a holistic view of your organisation. That one truth is available through different tools and views, geared to users’ responsibilities and needs:
- Executive users trace out the strategy and translate it into long-term business plans and objectives. They determine how you measure the success of day-to-day management in the short and long term (key performance indicators or KPI’s): for instance, what is the situation with the company’s financial health, market share or operational efficiency? BI & analytics supports them with dashboards and scorecards.
- Management and business analysts analyse the business results, identify trends and take tactical decisions. BI & analytics supports them with ad-hoc reporting.
- Information users are responsible for day-to-day operations. They are interested in detailed data and transactions. BI & analytics supports them with standardised reports, near realtime.
Holistic approach, Bmatix style
Corporate KPI’s determine information needs and control the underlying business intelligence & analytics initiatives. Each KPI measures how the company is performing for a given operational or strategic aspect. The value of the BI & analytics systems at the strategic level depends on the value of the underlying reporting.
Consequently, Bmatix believes strongly in the holistic approach to business intelligence & analytics.
Systems at operational level form the basis for decisions at strategic level. You build a successful business & analytics system from the bottom up, based on the measuring points and information needs at the highest level.
|BMATIX TARGETED BI & ANALYTICS SOLUTIONS: BASED ON A HOLISTIC APPROACH|
|Want to do simulations about future operating results? Then apart from financial transactions, also look at such operational parameters as available resources, stock levels and sales results. That is the essence of Result Optimizer.|
|Want to reduce the total cost of your supply chain, thereby improving your competitiveness? Then you would do best to keep control of such operational parameters as purchasing lead times, warehouse accuracy and supplier performance. Supply Chain Optimizer provides you with the right tools: from reports to dashboards.|