Business Objects Announces Major Expansion in Mid-Market Initiative
January 31, 2005
Business Intelligence
Business Objects today announced a major expansion in its initiative to deliver business intelligence solutions to mid-market organizations. Building upon the company's existing business intelligence leadership in the partner channels, the expansion includes a new product offering, as well as specialized service and support.
 Read More
Retailer Fights Shoplifting With Predictive Analytics
January 10, 2005
Information Week
At Chase-Pitkin, a division of Wegmans Food Markets, CIO Christopher Dorsey needed a way to stop the disappearance each year of $2.52 million to $3.24 million in merchandise, or 1.4% to 1.8% of its $180 million in annual revenue. So the company decided to test predictive-analytics software from SPSS Inc. in mid-2003 in one of its most susceptible departments, which sells a variety of tools, including power tools.
Within a year, Chase-Pitkin saw a return in its investment. So far, the application has reduced theft by more than $540,000, Dorsey says
Read More
Business Intelligence Trends Survey
August 20, 2004
Unisys
The main functions of BI vary, with no singular function more clearly important than another. Of those who have a BI strategy or are using BI applications, respondents are fairly evenly divided between major functions of them.
- About three in ten (29%) said the main function of BI in their
- Organization is to manage corporate performance.
- An additional 27% said they use BI mainly to monitor business activity.
- One in five (22%) use BI for reporting or regulatory compliance.
- One in five (21%) use it to analyze customers.
Read More
78% of fast growing companies use five or more metrics to track performance
January 13, 2004
PWC Global
As they develop in size and sophistication, fast growth companies tend to increase the number of corporate performance metrics they regularly use, and transition from spreadsheets to homegrown tracking systems. After this, the larger and more sophisticated companies-28 percent in number-take the next step, integrating their financial, operational, and external data into a single, strategy-driven resource for measuring business performance. These are highlights of the latest Trendsetter Barometer from PricewaterhouseCoopers, released today.
Read More
New Business Models Are Driving Adoption of Forecasting Tools
Revenue Recognition
A key driver in determining whether financial executives elect to implement software tools to enhance their forecasting process is the number of business models they are managing. Two-thirds of those with more than one business model use forecasting tools compared with only one-third of those with a single revenue stream. That's according to a survey of 91 small and medium sized businesses (SMB) conducted by RevenueRecognition.com and International Data Corp.
Read More
|
