"Business Intelligence helps you make better decisions." This is how the business value of Business Intelligence (BI) is often described. How do you measure the effect of better decisions? How do you determine the quality of a decision to start with? And how can you predict how other decisions might have played out? Read on.
Business Intelligence systems have been helping organizations improve performance by providing
better insights, better decisions and faster actions. Key Performance Indicators, or KPI’s, are measures
with targets that help manage business and individual performance. Scorecards help organizations
define strategy, identify goals and objectives, achieve alignment and monitor performance in context of
business goals and objectives.
Traditional data-storage approaches are geared toward delivering structured data to management
and knowledge workers through business intelligence and performance management
applications. But CIOs need to look at the enterprise information taxonomy in a much broader
context. External and internal information has to be collected, managed, and provided to many
internal and external stakeholders. In addition, storage capacity is challenged by an almost
exponential growth of unstructured data, such as audio and video files.
People, process, and technology. These are the three pillars of change management
that Ravi TNC identifies in his article about centers of excellence. Indeed, in this
third edition of the Journal of Management Excellence, we again focus on how to
organize for management excellence. Read on.
This white paper explores the decision criteria used in a build vs. buy scenario when considering the Oracle BI Applications. The major benefits of the BI Applications will be discussed in the framework of an overall buy vs. build argument.
Many organisations today use a collection of Business Intelligence (BI) tools and applications to allow experts to gather information from a variety of sources, analyse it, and share it with managers and staff. However, ever-increasing business dynamics and increased competition means businesses now require a much higher level of value from their BI investments. BI must now help drive profitable growth, change, and many other operational and financial performance goals. Not only does BI need to deliver significant Return on Investment (ROI), but it also needs to be deployed in a manner that minimises Total Cost of Ownership (TCO). Read more.
Oracle Real-Time Decisions adds significant new capabilities to all your customer-contact applications, allowing you to decisively increase your Return on Customer Attention. Oracle Real-Time Decisions uses a combination of your explicitly defined business rules and automatically identified statistical information to deliver the best possible content to your customers for every single interaction.
Business Intelligence on the cloud represents the coming together of two key information technology trends – evolution of the cloud computing architecture as a cost effective, quick and efficient computing platform and use of business intelligence technology to reduce cost, gain insight and improve the quality and speed of business decisions. Read more.
CIOs have never been as business-focused as they are today, often ranking IT investments that contribute to the top-line above other investments. However, despite tightening budgets, CIOs are also investing in future performance. Read more.
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