August, 2011

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Need to know Who, What, Where and Why? Ditch the Old Reports and Add Some BI to Your Life!

ElegantJ BI

Need to know Who, What, Where and Why? Ditch the Old Reports and Add Some BI to Your Life! I can’t take it anymore! I am tired of mountains of reports (none of which make any sense), incorrect, out-of-date info, missing data, and incompetent reporting software and ERP and legacy systems that crank out numbers, words and graphs without meaning! I WANT BIZINTEL!

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Less is More … or Is it?

Domo

In a recent customer survey we asked how many unique key performance indicators (KPIs) they use in their company. We had choices from under 10 KPIs to over 1,000 KPIs. This chart shows the results of the survey. A common reason given for having less than 10 KPIs is “we limit the number of KPIs so we can focus”. This has been considered a best practice but is it still?

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Small Businesses Can Produce LARGE Results with CPM

ElegantJ BI

Small Businesses Can Produce LARGE Results with CPM. OK, so you’re a small business owner or employee. That doesn’t mean you have to DREAM SMALL! You may want to stay small and nimble or grow to the size of a global behemoth. No one gets to tell you how to set your goals or what you can achieve. BUT, if you are going to achieve your unique brand of success, you need to know what’s happening in your business.

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Data, Data Everywhere…

Domo

“The problem we have is generating reports from our 26 different states who all use different data sources.” As I listened to this Director of Business Intelligence from a Swiss company at the recent TDWI Conference in San Diego, a line from Samuel Coleridge’s poem “Rime of the Ancient Mariner” popped into my head: Water, water, everywhere, Nor any drop to drink.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

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When Does Data Massaging Become Naughty?

Domo

I am 35 years old and I have never had a massage. Crazy? Maybe. I like to think I know what I am doing. The fact of the matter is I am quite certain I would love the experience, but I don’t want to “need” the experience to the tune of $50-$100/month. I know friends who “have to get a massage” every few weeks; they are addicted now.

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Good to Great with BI Implementations

Domo

I was recently thinking back to a panel I was on with a VP at SAP discussing Business Intelligence (BI) and what makes companies best-in-class. The moderator was a leading BI analyst. The topic of discussion was of course BI, but more importantly, what differentiating elements can help companies improve business performance through a BI dashboard. The moderator posed this question: As companies analyze data, they are looking for ways to improve performance.

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The Only Feature that Matters

Domo

Domo just wrapped up a week at the Infosys Connect conference – a global gathering of Infosys consultants, Global 2000 customers and industry analysts – where our company was a platinum sponsor. The week featured all the themes you would expect, from cloud computing to mobility, but when it came to business intelligence (another hot topic), the name of the game was differentiation.

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B.I. JOE #halfthebattle

Domo

As a young boy in the mid-80’s, I often found myself cheering the G.I. JOE team during their epic battles against the evil Cobra organization. At the end of each episode, after hundreds of laser blasts that never seemed to hit anything and the only casualty being Cobra Commander’s ego due to another foiled plot of world domination, there was a short range of scenes dedicated to the life instruction of the JOE followers.

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Keeping up with Big Data’s Growth Curve

Domo

SAP recently unveiled their Hana offering which is an exciting new data storage technology and started another chapter in the big data, high performance computing saga — a sector now getting lots of attention from the BI industry. And rightly so as the industry struggles to deal with the exponential increase in data growth. It is a race that the BI industry has spent the last 15 years trying to win by inventing and re-inventing solutions to keep up with the data growth curve.

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Business Valuation Software: Free Guide to Valutico Platform

Explore our free guide to Valutico, the platform that revolutionizes automated report generation, offers access to 1 million M&A transactions, enables quick benchmarking, and streamlines the entire valuation process. With Valutico, you gain access to: 30-Minute Valuations: Rapidly producing accurate results. 3TB of Financial Data: The expansive data you need at your fingertips.

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The Status Quo is Costing You Money

Domo

There’s a lot of gravity in business sometimes. Take reporting. Every job requires some measure of reporting – and although the process we use today might be manual, tedious and time-consuming, we often stick with it because it’s comfortable and we assume that a better solution will be too expensive, too complex or even too successful. We have this conversation a lot with prospective customers.

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Designing Magic

Domo

At the age of 16, my summer job was more of a mini-career. A neighbor who owned a small but highly-successful marketing company gave me a company BMW and an expense account. While my friends toiled in the summer heat mowing lawns or painting houses, I sped across the Northeast presenting to clients and attending trade shows. Lucky as I was, most of those days have been forgotten – except one.