It all begins with a plan. Whether it’s the overall strategic plan or a detailed operational plan, this step is usually part of the overall enterprise performance management strategy, which encompasses financial planning, budgeting, and forecasting. Planning is in a unique position compared to the other analytics groups because it relies on outputs of all the other steps.
Even today spreadsheets remain one...
Tag: Big Data
July 10, 2019
Planning analytics: What is your enterprise plan?
by Colin Quinn
January 10, 2018
5 Reasons Your CEO Prefers Data On A Dashboard
by Colin Quinn
The days of CEOs waiting for the delivery of a physical report are long gone. Today, many forward-thinking executives are making use of data visuals and dashboards to gain insight into their company, rather than relying on IT.
There are many benefits of CEO dashboards with a connected interface, including the ability to track performance and monitor data, profits, balances, revenues and forecasts all in...
October 21, 2014
What Big Data means for The GovCon World
by Colin Quinn
In todays world with the internet of things, you can easily see big data in play when a tailored ad pops up on your Facebook page or a product "you may like" appears on your Amazon page. But how does this transformative technology operate in the GovCon world?
“The rise of big data analytics technology has allowed government agencies to analyze the outcomes of their programs, tighten the efficiency of their...
June 11, 2014
The Need for Dashboards in Business Intelligence
by Colin Quinn
Performance and control are two of the most crucial aspects of company management. Today's business world forces managers to pay attention to every detail. Problems begin with collecting and analyzing data, the raw data can often be difficult for any management professional to understand.. - especially if everything else is on that one persons shoulders.
What to do then? Is it even possible to manage the...
January 28, 2014
What's New in IBM Cognos 10.2
by Colin Quinn
Integrated Scorecards
Mobile TM1
Dashboard Capabilities
Integrated Scorecards
In the latest version of TM1 10.2 a new cube type been introduced into the mix… Scorecarding Cubes. This new features allows end users to display business’ strategies and relationship of key performance indicators (KPIs).
The scorecard enables broader range of users in the business to gain better insight of...
January 23, 2014
7 Steps to Unleash your BI System's True Potential
by Colin Quinn
With social data generating petabytes per day, and instrumented devices becoming the norm, data volume growth is accelerating at an unprecedented pace. Big Data is a growing business trend, with data from unconventional sources having the potential to be business disruptors. The key to successful Business Intelligence adoption is getting your people to use it. Heres 7 key steps to get you started..
Step 1: Focus...
January 13, 2014
Predictive Analytics: "The Challenges and Solutions"
by Colin Quinn
Predictive analytics helps organizations use data in their daily decision-making to substantially improve outcomes.
Yet there are challenges facing current decision makers:
Lack of Insight - into the true cost or value of their unstructured data
Insufficient Access - lack of a data driven approach to problem solving
Inability to Predict - to uncover data patterns and trends
How you can overcome these...