Useful information from data mountains!
Every business generates a vast amount of data about customers, business partners or products. Often there is no easy way to prepare this data from ERP systems or other platforms. Here business intelligence comes into play:
Why is business intelligence also necessary?
...After all, my ERP, CRM or my Excel file also provides this information?
Business intelligence software generates no "new" information, but extracts it from the existing software. ERP and CRM systems often provide only rudimentary pathways to get to the desired information.
This results in massive additional costs: Above all, the widespread "management by Excel" means that many hours are spent compiling data in controlling – month after month. As well as the time required, this also increases the error rate due to manual editing.
Data visualisation with business intelligence: a picture is worth a thousand words!
Business intelligence solutions do more than "just" aggregate data. From the data obtained, useful information and decision support only arise through meaningful representation.
This is made possible by the numerous presentation options:
What this means for you: access to all relevant corporate data in a visually comprehensible form, anytime, anywhere!
10 Tips for Effective Business Intelligence (BI)
With BI you ensure the effective use of all relevant data in your company. Our free whitepaper with 10 tips shows what you should keep in mind.
Business Intellicence - Impressions
iVIEW represents an efficient innovation for business intelligence in the SME environment and is a unique technical and methodological reference architecture for the control and management needs of sophisticated, forward-looking clients.
Our Business Intelligence applications are based on solid BI technologies. These provide the foundation for high-performance and flexible solutions to ensure easy data handling and deliver valuable insights. Discover our Data Intelligence technologies: Guided Analytics and Self-Service BI with Qlik, Cloud-based analysis service with Microsoft Power BI, Planning and Predictive Analytics with Jedox, Artificial Intelligence and Automated Machine Learning with DataRobot.
7 success factors for the introduction of more profitable business intelligence
The introduction of business intelligence software is no simple task and requires time. Evaluation of appropriate software, integration with existing systems, and the setting of KPIs and target groups is demanding.
The positive effects are sustainable - thus a detailed examination using the seven success factors is worthwhile.
Analyse the current situation
Clarify in an initial phase exactly what the current situation looks like:
- What work processes are currently used to determine the information?
- What systems does the data come from?
- What resources are needed?
A specification sheet is useful here.
Call in external expertise
For the introduction of a BI software, it is useful to bring an external partner on board. They have the benefit of experience both in evaluating the software as well as during implementation.
At the same time, you avoid common mistakes: valuable input can be derived from similar previous projects.
Set priorities and realistic goals. The findings from the business intelligence are important not only for strategic management, but can be very useful to control daily operations within departments at the tactical and operational levels.
Analyse user needs
Before introduction, the information needs of the involved users must be elicited.
- Which departments and users need the information and what for?
- How many users are there overall?
There is a wide range of BI solutions available on the market. The solutions differ in functionality, usability and technology. At this point, the expertise of an IT service partner is particularly useful: they will know from experience which software suite might be best suited for your business.
A detailed testing phase with selected users ensures that the business intelligence solution is functioning correctly, both technically and from a user's point of view, and that it meets the requirements.
Introduction of business intelligence solution
For the final implementation and introduction of a business intelligence solution you should proceed in small, transparent steps. Thus you will quickly achieve measurable benefits.
- Your users are already using the BI solution before the project is completed.
- ROI (return on investment) is reached more quickly.
- Specify only 80%, the rest will be covered by "self-service BI".
- Benefit from the support and experience of your IT service provider.
What our customers say
« During the presentation, we immediately noticed that Informatec has a very high level of expertise, both in IT and in the production environment, and knows exactly what we as customers are talking about and what we need. It's simply great to work with professionals. »
« The long-standing and trust-based cooperation with Informatec led us to a customised evaluation tool for the detailed analysis of sales performance. This is used in sales as a relevant component of the professionalisation strategy. The highlight of this project was the implementation of the complex and broad requirement profile, which required a combination of individual country-specific and group-specific key figures.
Informatec and their solution supports us every day to do the right things in sales above all and subsequently to do these things correctly. »
« The need for high-performance reporting tools as a management tool has increased steadily in the operational area. QlikView provides us with a user-friendly and powerful tool to meet this need at all levels. »
« We chose Informatec because they simply have the right expertise. In addition, the working method was always very solution-oriented. We felt that we were in good hands. »
« Together with Informatec, we have developed a unique solution for budgeting, monitoring, medium-term planning and calculation. This significantly increases our efficiency, speed and accuracy. »
« We have greatly appreciated, the fact that the necessary support was provided by Informatec in critical phases. And with fire and an enthusiasm which go above and beyond the call of duty. »
« By using QlikView, we are now able to get decision-relevant insights faster and more conveniently. With QlikView, we have gained comprehensive transparency about customers, recipes, products and processes. »
« We have received a process-oriented 'practioners’ tool' and our collaboration has been more than successful. This way of working results in synergies and accelerates the processes. »
« Informatec is very fast to implement and has delivered a real IT gem, in particular with the realisation of the customer access to QlikView. »
« With Informatec, we have not only found a competent "IT mountain guide", but also a software provider who supports us with the right solutions. »
« With QlikView, we can conveniently merge all relevant information into one interface and are thus informed faster and much more comprehensively. »
« Informatec are not just technically excellent, they very quickly grasp corporate processes. They are straightforward and the customer is always centre stage. »
« The business intelligence solution by Informatec has proved itself very well. Without it, the task would be impossible, or only possible with much greater effort. »
« Informatec provided us with a first productive application after just three days. Here you could feel Informatec's comprehensive BI knowledge and a very quick grasp of our really special business environment and the resulting requirements. »
« The main benefits of iVIEW are clear structured default definitions that are available in a constantly updated fashion. I recommend you get to know iVIEW, because its use leads to a significant workload reduction for internal controlling. »
« iVIEW was very quickly implemented. Within a day, the software was installed and the defined standard evaluations available. »
« The users are delighted with the many possibilities which it offers. For many, it contributes towards a simpler understanding of numbers, when these are backed up by graphics. »
« Informatec is not concerned primarily with getting orders. Rather, they are concerned to find the best and most sustainable solution to build up client trust. »
« Informatec delivers top service. If there are difficulties, you can speak about them and find out where the problem is, and what could be done better next time. It has been an excellent, fruitful collaboration. »
« What is striking in general: They are very flexible and have short response times. With Informatec, you reach your target, and that with an optimal cost - benefit ratio. »
« With Informatec, you see eye-to-eye. »
« The two companies spar with each other really well. A professional and close collaboration, in which there is also the odd private exchange. »
« I am always amazed at how quickly Informatec gets their heads around chemistry problems. Even with not much information to go on, they deliver highly competent assistance, even as sector outsiders. »
« The collaboration with Informatec is excellent. There is a high level of expertise, as well as prompt service and direct contact. »