InetSoft Product Resources: BI Server Package Information

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How and Why of the Consumerization of BI - Yeah. I like that. I really like that concept, of them catching their breath. I think that right now large organizations are -- especially the ones that were not very forward-looking. Because you always have this sort of spectrum of innovation and this spectrum of adoption and you have got forward-looking companies that jump on things early and then you have the sort of masses in the middle and then the laggards in the back. And I think the masses in the middle are in fact kind of catching their breath on this, certainly on the iPad and the Bring Your Own Device thing and certainly to a degree on the whole consumerization of BI as well. And with that, let's go ahead and bring in our resident guest analyst/consultant of the week. We have Tracie Kambies of Deloitte. Welcome to DM Radio...

BI Server Package Template
Click this screenshot to view a three-minute demo and get an overview of what InetSoft’s BI dashboard reporting software, Style Intelligence, can do and how easy it is to use.

How Business Intelligence Customers Are Using Hadoop - Yeah, the one thing that I would add to that is, as I talked to business intelligence customers and I read about how they're using Hadoop, they have data scattered across a number of sources in the cloud and on premises. They have data in Excel. They have data in Hadoop, and you know companies should focus on creating platforms that are source agnostic and that allow customers to tap into all these sources at the same time. Even when you're trying to answer real business questions, chances are that you will almost always have to combine multiple source of information. So I'm not surprised that the purpose built tools for Hadoop are going away. Abhishek: Great alright our next trend --- organizations leverage data links from the get-go. So what do we mean with this one? It's essentially coming from a point where you know, we're probably more than a decade now into the kind of the start of Hadoop as an open source project, and our hash tag clearly says the start of Hadoop is an open-source project and gaining adoption, but for the first few years it was in many ways I would say considered kind of an IT or data science experiment, and it wasn't seeing broad adoption within organizations...

Honking Business Intelligence Tools - But really what we need is agile, easy to use software such as InetSoft's. We needed a way to make decisions quickly based on facts that I knew. It doesn’t have to be those big honking expensive applications. You might have the data in all different places, as we do. We had it in our call tracking systems. We have it in systems management. We have it in ACD systems. Telephone systems, all kinds of places. So we know it’s all there. But we need to collect it and mash it up like you can do very powerfully with InetSoft's software. The point is you want to be able to understand when something is changing. That is really what a dashboard is for. If it’s not broken, don’t fix it. And you need to make sure that it really is changing and not just a little blip on the radar. If any of you had a manufacturing experience, you might recognize this from statistical process control in manufacturing that was popular 15 or 20 years ago. To try to measure, to see when things are changing, you really take data points every 5 pieces of manufacturing...

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How Business Intelligence Pays Back Return on Investment - People are looking for ways of understanding their customers, understanding their risk, and understanding their use of resources. Their goals are the traditional challenges of either maintaining revenue or lowering cost because revenues are going down. It's a classical economic problem. Now if we consider that in the area of business intelligence and its effects, we can actually look back to some significant things that have gone on even on the last 20 or 30 years. During the time of the bubble bursting as they call it with the Internet wave or the Web bust at the turn of the century, that carried us particularly in the IT industry and other industries and investment and so forth. After that wave people had fears of spending and using money and so forth all the way into 2002-2003. What we noted back in 2000 and 2001 as we began offering advanced reporting solutions for enterprises, there was a need for cross organizational use of data for business intelligence purposes. Going far beyond reporting and analysis but now into predictive analytics, we looked back over a previous period...

How Companies Are Using Business Intelligence Software - Read mini case studies of how companies are using business intelligence software. Some give their executives performance management dashboards. Some use data mashup functionality to unify disparate data sources to provide comprehensive dashboard reporting. All of them leverage InetSoft's businesss intelligence technology to derive intelligence from their data. Gypsum Management & Supply Inc. (GMS) selected InetSoft’s Style Intelligence in order to present real-time data on sales, purchases and receivables to varying levels of GMS staff. GMS is the largest independent distributor of drywall, acoustical and other specialty building materials in the United States and operates in 26 states, through a network of 43 subsidiary companies and more than 130 distribution centers. InetSoft's BI solution has enabled a new level of self-service BI for a very large population of GMS users who have been able to generate and print reports, create graphs, and view snapshots of their current business performance. Dashboards and reports have been created from data mashups across multiple data sources. For the first time key performance measures have been consolidated into one system to provide easy access and have enabled even better informed business decisions. The company cited ease of integration with existing operational systems, flexibility in the design process and cost-effectiveness from a licensing perspective as key factors in the decision to select Style Intelligence...

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How Do You Go About Getting That Final Third of KPIs? - Projects have to be created for them. But naturally you have to estimate the effort that is required to get that data and compare it to the value you will get by having it. Some won’t pass the test. Sometimes you can think of proxies or near-equivalents that you can measure. Sometimes the answer is a customer survey done on a periodic basis. You won’t have 100% coverage or high frequency, but it’s a good estimate that is better than none at all. These challenging ones just have to be worked on one at a time, and gradually you’ll get near the end goal. But don’t feel like you have to get to 100% completion, and realize other KPIs will come up over time as the business evolves...

How Do You Grow Your Business? - In this environment the question is how you grow your business? How do you take all this information from all these technologies that we’ve been really looking at to look at new opportunities? Going forward there’s only going to be two ways you’re going to do that. You’re going to take market share, or are you going create new market opportunities. That’s really what we’re looking at trying to go forward. In this environment, right now we’re in the fast lane, and the whole point of this is that change is the new norm. It’s not going to go away. The level of complexity is continuously increasing. So the way we look at this is, change is the new norm, but complexity is on the rise, and you’re always in a state of uncertainty. You never know what’s going to be around the corner. You are perpetually in a state of uncertainty, and when those events happen, the impacts are much more dramatic. Look at how only two of the world’s largest countries that were in the top 10 listing in 2000 are on the list today. That is uncertainty. That just shows you what’s happening in the marketplace...

BI Server Package Demo
Click this screenshot to view a three-minute demo and get an overview of what InetSoft’s BI dashboard reporting software, Style Intelligence, can do and how easy it is to use.

How does InetSoft Technology's Style Intelligence compare to other BI tools?? - Many organizations are asking the same question. The Technology Evaluation Center ranked Style Intelligence second in products most frequently selected for in-depth evaluation and comparison....

How Does an IT Organization Support a KPI Project? - Sometimes, when these initiatives are being driven by the Business, some IT organizations might look at it as just another job, and they don’t need any more jobs. You know those marketing people want more metrics, they’re forcing a BI application on us, we don’t get any value out of it, and it’s one more application to care for and feed. We have less people, we don’t need this. The more progressive IT organizations who are thinking ahead, have taken the driver’s seat and look at things totally differently. They say, all right, how can we also get something out of this BI solution, how can we help pick the solution that’s going to help the business the most. Some people say nowadays IT is getting a loud wake-up call. It’s either shape up or ship out. Up until a few years ago, business depended 100% on IT for the delivery of these KPI dashboards and metrics and reporting systems. Today in a lot of cases businesses can use technology and tools out there such as software-as-a-service on their own...

How to Achieve Greater Business Intelligence Agility - This is obviously a hot topic today. We’re hearing all about agile in the context of business and the context of BI and a whole variety of contexts. The term certainly sounds attractive, but what does it mean and how do you get it? There is old business phrase, ‘who changes fastest wins,’ and that encapsulates why agility is attractive. If you look at changes, it is possible to think in terms of having four layers where we should be concerned about change because changes in those layers are quite different. First, there’s a whole business eco system which is the global economy. This includes things happening on an international level whether wars or earthquakes or whatever can impact a business either in a small way or in a very large way either for a small period of time or a larger period of time. Then there’s the eco system of your business, the sector of the economy in which you operate, and that is subject to its own context. Possibly more than ever, your marketplace has become very competitive. Does it have entrants from adjacent sectors, and in general how is that sector doing...

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How To Choose Business Intelligence Technologies - Let’s look at a simple products company example right now. They have a supply chain that extends half way around or three quarters away around the globe. There may be 5, 10, 20 different partners contributing some way, shape or form to it. What that means is that you’ve got thousands of different information inputs, and what we’re seeing right now is a number of manufacturers, even small to mid-sized firms looking at okay, what can we do to get a handle on that? Business intelligence capabilities that were often thought to just for larger firms are now being looked at. How do we choose business intelligence technologies, data mashups, executive dashboards, et cetera, so that we can make some more informed decisions. One of the things that companies have to start with is, okay, what is the truth. And of course, not the truth in a metaphysical sense, but the truth in terms of what is going on in terms of taking a look at our data. One of the striking things that when manufacturing companies and companies of any kind start to look at this, is they find out that there are all these different versions of the truth...

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