C24s business intelligence solution is child’s play

December 13, 2012

C24 have seen a significant uptake of our Bi24 business intelligence solution over the last year. The solution has been applauded for it ease of use and the speed of installation.

The following is a comment from a recent research document that highlights the strengths of the solution:

Business intelligence (BI) technology holds out much promise, but experience would tend to indicate that it can be difficult to use, requiring specialist skills and imposing considerable latency between need and information delivery. Bi24 addresses these issues for many business needs and the ease-of-use has to be seen to be appreciated. The technology is built on the well regarded Lucene open software search technology and because of this most things are possible. While Bi24 does not give much profile to unstructured data search, a great deal of functionality is delivered out-of-the-box so that email and documents can be incorporated into search and analytic’s functionality. The key to understanding the power of Bi24 is that it provides a search approach to BI.”

“What this means on a day-to-day level is that business users can formulate their own analytical and search needs with ease. This is a highly pragmatic, but in no way compromised BI tool and we would recommend that organisations of all sizes should look at the offering.”

To prove the point the below image is of the daughter of a BI lead who is using the Venn elements of the solution for her homework



The 4 Key Requirements for Business Intelligence Reporting

September 26, 2012

A recent white paper published by Birst, Inc., a San Francisco based provider of “agile business analytics” software and solutions, points up the four ‘foundational requirements’ of a business intelligence (commonly called “BI”) solution.  They remind us that our ERP systems are merely a tool, a means to an end, and that end is to extract intelligent information from the underlyingdata in order to improve our business management decisions.

The article, available here (you’ll have to provide contact info first) points to four key capabilities (along with our own commentary about them):

1.) Historical analysis and reporting.  You want information not just on your business performance, but on the key drivers of that performance as well.  You need to know not just your results, but your influencers.  This usually involves mapping and understanding data over a long time frame, measured often in years.  That’s a lot of data.

2.) Forecasting and future projection.  Collecting and understanding your data is one side of the task.  Projecting into the future is the other.  So for example, once you know something about the progress and flow of past sales deals, the size of your pipeline, the length to close… you’re more able to project the progress of future deals.  The goal is to align your resources with your forecast for maximum efficiency.

3.) Ability to integrate information from multiple business functions.  Integrating the data you need to make better decisions may require multiple data sources.  Obviously, this burden is minimized if you’re operating under, more or less, a single (or limited) silo of information.  This is where an integrated ERP solution starts to really shine.  Often the data there, give or take the contents of a couple of spreadsheets, is more than enough to provide meaningful insight.

4.) Easily explored reporting and analysis.  Decision makers need to understand the big picture.  Sometimes, they need a good bit of detail to be able to do so.  This speaks to the need for explorable reports, drill down capabilities, ad hoc queries and business dashboards.  Flexibility and robustness, without being overly complex, are helpful.  Today we find the better ERP systems can provide much of this.  More sophisticated BI solutions will boost your reporting capabilities significantly, a feature most appreciated in larger, more diverse organizations.

A solution that provides the above foundation, whether it’s part of an ERP system or an add-in, ensures you’ll have the right analytical tool when it comes time to convert hard data into meaningful information that can inform better decision making.

Ironically Bi24 provides all these elements and much more

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