Jul 16
Success in the here and now is one thing, but ensuring there's a plan to sustain it can be just as pressing. Both business issues and customer expectations are constantly evolving, and companies simply have to adapt. To echo the sentiments of TDWI Research: Insights in today's business world are becoming...
read more → Jun 17
Business intelligence (BI) has played a huge role in how businesses strategically manage their endeavours. Consequently, BI is unrivalled in its usefulness in the decision making process. However, as the lifeblood of any organisation is its capital, can BI have a profound affect on financial planning, too? Thirty per cent...
read more → May 27
Today's business environment is reactive by its very nature. While some enterprises will try and second guess their respective markets, doing so without a solid foundation of information is not only near impossible, but also leads to any decisions being half-hearted at best. Consequently, making the right strategic choices, and...
read more → Apr 30
The scale of the pool of information that today's enterprises have at their disposal cannot be underestimated. With more feedback than ever coming from both consumer and business-to-business transactions, leveraging data into actionable insights is a huge challenge for organisations in any sector. Furthermore, issues can be compounded when information...
read more → May 16
I haven’t had the need to create Active Reports. Actually the truth is that I haven’t put enough effort into working out what they can do and how useful they are. Belatedly, I’ve created some examples and I’m feeling guilty that it’s taken me so long to get around to...
read more → May 08
IBM Cognos TM1 builds powerful, flexible, bespoke applications for budgeting and forecasting. Because of its calculation and reporting capabilities it has also proved popular in complex business modelling making it a complete enterprise planning solution. Benefits Out of “Excel hell” TM1 offers the same model building flexibility as Excel but...
read more → May 08
Before we can implement software to support a Business Intelligence initiative we need to know what it is. In 1958 IBM researcher Hans Peter Luhn first used the term Business Intelligence, defining it as “the ability to apprehend the interrelationships of presented facts in such a way as to guide...
read more → Jun 12
Firstly, this is not an article on accounting, it is more a chance to look at the relative value of the information kept in your organisation and its ability to raise productivity. Weak productivity growth is often cited as a reason behind New Zealand’s economic performance being below its potential....
read more → Jul 27
We are pleased to announce that CDP has an official Twitter account. Feel free to follow along with the conversation and stay-up-to date with what's happening in the business intelligence world.
Jun 03
Budgeting and forecasting has been done for so many years that some organisations have forgotten why they even bother. Surely finance staff could better spend their time analysing their actual performance? But therein lays the first benefit of planning. It provides a benchmark against which to measure actual performance. Is...
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