A study of Business Intelligence From Germany

Fact: Results of a study on BI (business analysis).

The data from current studies were carried out to analyze the penetration and the need for Business Intelligence Systems (systems for business analysis) show a sharp increase in deployments in organizations of any kind. It follows that the mean BI tool will be an essential tool for corporate management.

A study conducted in Germany (Soft source select) survey of 120 medium-sized commercial and industrial sector, he says, that 77% of the leaders of the companies surveyed have already made the decision to improve their processes and knowledge (Know-How ) applying new technologies such as Business Process Management and Business Intelligence that will support the implementation of strategic decisions.

On the other hand, banks and entrepreneurs push to implement tools such as Business Process Management and Business Intelligence for business management in order for companies to opt for tools that enable an agile and sustainable risk management. The advantage there is that banks will have a more solid and more transparent to the granting of credits and have a clearer transparency in the evaluation of potential risks (rating scores).

What problems exist in relation to Businesss Intelligence systems?

A major obstacle is the quality of data on one side. On the other hand, the operating systems in different departments of the companies are often "island" solutions, ie, synchronization and data collection occurs sometimes quite complicated. Current data and collected all the necessary information for the data, also sometimes creates problems. So the ETL process is more workable.

But the BI system begins with reflections not only technological. Business Intelligence The concept first requires more conceptual reflections take. No technology has made today a miracle to make a business leader. Technology is a support obviously essential for the development and competitive business and to streamline decision-making, etc. .. There should be no doubt about it, if we consider that we are already out of the fifth Kondratieff wave, which is characterized by innovations in the area of ​​"ICT" or "New Technologies" (source Nefiodow Leo, the sixth wave Kondratieff).

But if the overall concept of organizational development is not well pre-conceptualized, not the technology will provide what is expected.

Therefore, a Business Intelligence system has different branches with other tools or business management techniques.

The most important thing is to start its conceptualization. This BI system concept is based on the strategy of each organization. After the deployment should reach operational levels.

What information does a company need for future business intelligence system? What information is needed to maintain and develop its competitiveness? What brokers should be defined and based on what you define what impact has the BI system with respect the management of human resources? Once implemented a BI system, how to not end up operating in a system of "administration and management of data and information?

That's one of many questions that reflect the multi-dimension perspective and complexity of the topic "Business Intelligence" (business analysis).

Although companies being aware of the complexity of implementation, business leaders increasingly recognize the vital need to implement technological support through technical or management tools (management tools) to address lead and manage business management from integrated organizational approach. Demand in the implementation of technologies that support management processes through Business Process Management, performance management by implementing a balanced scorecard (Balanced Scorecard), and recognition of synchronizing the different techniques in a single management system, is markedly increased.

One thing that holds once again what is said in this article is manifested in the growing market demand for professionals "Business Intelligence Manager".

To be aware and take the appropriate time and not to stay out of the market, companies must begin now to consider this new development.



For more information, I.L.M. & IT, a German company, a consultant in management services using its Management Consulting and Training new technologies, provide any information or services associated with techniques such as Business Process Management, Balanced Scorecard and Business Intelligence.

Currently, I.L.M. & T.I. offers a one-day seminar to clarify the issue for enterprise business intelligence. This seminar presents a very concise and transparent multi perspective approach of the term Business Intelligence (business analysis) and the vital need for a conceptualization with a focus on the need to integrate other management tools.

Contact:

Institute of Leadership, Management & Technology Innovations SLU Avda de Manoteras esc portal 2 no 8. 28050 Madrid Tel 3c 91 392 33 66 E-Mail: info@ilmti.com www.ilmti.com Blog: www.ilmti.blogspot.com