It doesn’t take very long in our industry to birth a new IT buzz word. Only a few years ago the new IT buzz word was “Cloud”. Then very soon, the “buzz” word becomes a commonly used term in our vocabulary until the next new buzz word is birthed. “The Cloud” is now the new normal in terms of hosting...
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Choose Business Intelligence Wisely
BI360 Business Intelligence, Budgeting
How did you choose your Business Intelligence software? Rock, Paper, Scissors? Though not literally, but as organisations go through the purchase evaluation process, more often that not, they reach a stage when it almost seems like they did play rock, paper, scissors.
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Budgeting, Forecasting and Business Intelligence
BI360 Business Intelligence, Budgeting
In most organisations today, it is quite common to come across complete automation in the areas of general ledger, accounts receivables, accounts payables, inventory control, sales and purchases, etc. In addition to this, some organisations even capture employee time and resources time for project...
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How to Select a Cloud Based Business Intelligence Tool
BI360 Business Intelligence, Budgeting
I’ve met with quite a few potential Business Intelligence shoppers off late and the most common debate I’ve come across is whether to go for an on premise solution or with a cloud based solution. It is not uncommon for most organisations to struggle with making the right choice here. But there are...
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Are you ready for Business Intelligence?
BI360 Business Intelligence, Budgeting
It is safe to say most organizations require and use Business Intelligence at some level. When companies are founded, they normally do not have complex ERP systems and do not have very many daily transactions
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Simple Ways To Leverage Business Intelligence For Management Executives
BI360 Business Intelligence, Budgeting
Although most companies have process mechanisms and some tools to help them make strategic business decisions, many of them struggle in delivering insightful information to the management team. One of the commonly identified challenges in most organisations is the ability to turn available data...
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How One Organisation Benefited From Business Intelligence
Business Intelligence, Management Intelligence
Often times, companies consider Business Intelligence software as something nice to have, but not a necessity. Hence they find it hard to decide if it is an investment or an expense. After all, the business has been running for all those years without a BI tool.
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Need business intelligence software? Beware 7 out of 10 business intelligence projects fail!
BI360 Business Intelligence, Budgeting
According to Gartner 7 out of 10 Business Intelligence projects failed in 2012. That’s just four years ago. Hopefully that ratio has improved since then. It’s not a problem without a cure. It can definitely be fixed with a few changes in Project Management.
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Collecting A Lot Of Data Is Useless
BI360 Business Intelligence, Business Analytics
Collecting a lot of data is really useless and a waste of money, time and resources if the data is not analysed for progressive purposes.
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Why Businesses Fail
It is quite a known fact that 8 out of 10 entrepreneurs who start businesses fail within the first 2 years. This was according to Bloomberg and there is probably a lot of truth to it. I’ve personally seen many start up’s fail. It’s heart breaking, especially if you know the entrepreneur personally...
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