Business Intelligence and Data Analytics Blog

Information and Discussions on Business Intelligence, Data Analysis, and Management featuring: Strategies, Best Practices, PARIS Product Tips and News


Why do you need a Business Intelligence (BI) Solution?

With the amount of data stored by companies growing exponentially, it is no surprise that finding the right data management solution continues to show up on the priority list of Chief Information Officers (CIO). Data has to be secure and distributed efficiently for important up-to-date business decisions.

Companies need to translate data into information to plan for future business strategies. For most companies, valuable data is stored in massive spreadsheets or servers. Ideally, this data should provide you with information on sales trends, consumer behavior and resources allocation. Company data can indicate the viability of your product and help in the planning of your future growth. Hence data can help maximize revenues and reduce costs.

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How to Achieve Maximum Productivity With SAP Business One

Many firms try to make do with built in reporting systems, and then end up ‘clerking’ growing mounds of disconnected data in spreadsheets. This is precisely the problem that PowerAnalytics addresses to such powerful effect for users of SAP® Business One. PowerAnalytics fulfills the sophisticated requirements of companies managing general ledger accounts across separate business entities, and their dire need for a consolidated reporting solution.

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Big Data Doesn’t Have to be So “Big” After All!

Big data as the name suggests has been made to be quite a complex process. While this assumption may not be completely erroneous, with the right business intelligence tool, big data can be simplified. If you are currently using a big data solutions tool but still find yourself working long hours to get your reports, or if your reporting system is currently not automated, then you are making the data analyzing process more complicated than it should be. The goal when gathering data for reports and analytics is to spend as much time coming up strategies that put you a step ahead of your competition. If you go through so much trouble to get the data and your reports, it may not leave enough time for you to accurately analyze, forecast and make those all-so-important decisions that move your business forward.

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How to Solve the Challenge of Multinational Corporation Financial Reporting

In today’s global economy it is imperative for companies to keep their doors open to business partners and customers worldwide. One of the main challenges that global companies face include; the inability consolidate reports and analyze data quickly due to large volume of data. PowerOLAP eliminates this challenge by updating data automatically, to help speed up the financial reporting and data analyzing process across all departments and locations.

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How To Solve Your Budgeting and Reporting Challenges

Many companies today utilize some form of Enterprise Resource Planning (ERP) System to integrate information across various departments such as sales, finance, manufacturing etc. However merging individual spreadsheets for financial reporting, forecasting and accurate budgeting can be a lengthy process for the financial department. PowerOLAP goes beyond the integration and makes access to instant reports and many budgeting options faster and easier. Reports that used to take hours to print can be available in seconds with PowerOLAP.

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What is OLAP (Online Analytical Processing)?

OLAP is an acronym for Online Analytical Processing. OLAP performs multidimensional analysis of business data and provides the capability for complex calculations, trend analysis, and sophisticated data modeling. It is quickly becoming the fundamental foundation for...

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Types of OLAP Implementation

OLAP implementation depends not only from technological basis software that is going to be used – but more from the business models and data sources. Each industry sector or business area is specific and required detailed modeling to create multidimensional cubes for easy data load and reporting building.

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