- Smart Processes
- Smart Systems
- Smart Devices
- Smart Data
We are half way through 2013 and it’s safe to say that Business Intelligence (BI) has emerged at one of the top priority technologies for enterprises. It is rightfully so as BI helps industries in controlling their costs, boosting revenues and gives insights for faster and better decision making. We will take a look at the following key trends seen in 2013 in the arena of BI.
Structured corporate travel policy thrives on compliance, and for this, a management system is needed to take care of employee travels on company duty. The networked world today gives convenient self-booking tools, but this renders compliance lot more challenging. Service based software solution supports the increase in compliance and helps to save the company money. It also makes claims processing easier.
ECM project managers always face a challenge to size the Enterprise Content Management (ECM) implementation projects and estimate the value of efforts using the size measurement. While focusing on the user requirement, we can identify the key parameters that affect the sizing effort of implementing and ECM solution.
Big Data is no more a monster lurking in shadows at the next corner. Rather, it is a new species of draught animal domesticated and put to good use by most organizations worth their salt. Although there still remain a few hiccups on its way to total assimilation, these are mainly to do with ‘how’ rather than with ‘why’. It had long been accepted that organizations need to embrace Big Data in order to stay relevant. Now, however, it is a demonstrable fact.
The onslaught of the Big Data phenomenon and development in corresponding technologies is giving rise to new trends in the BI and Analytics domain. The current trend showcases the rise in value for integration and consolidation of information for forming policies and meeting strategic objectives. Currently many companies are using several business intelligence tools however; the ever-expanding data needs technology with extended capabilities.