How to reduce ERP Implementation Costs
ERP implementation projects are expensive—and often contain unforeseen costs that you didn’t have in your budget. Even the best planned projects are bound to encounter a few unexpected expenses along the way. Read on to learn about the three most common hidden or unforeseen costs of ERP implementation—plus a new way to implement an ERP […]
7 Ways Process Intelligence Enhances the Supply Chain
As supply chains become more global and complex, processes are becoming increasingly challenging to monitor and optimize. Identifying the root cause of inefficiencies can prove difficult without having a comprehensive view of operational workflows. Process intelligence technologies optimize the order to cash process by providing a 360-degree view of all organizational processes in real-time – […]
Risk Intelligence : 9 Steps to Elevate Your Risk Management Plan
Risk Assessment Analytics Any comprehensive risk assessment includes the evaluation of threats to your organization or enterprise — but what tools or technology do you use to conduct this analysis? Part of the answer depends on your metrics — what are you measuring? The right statistical solution can help you use big data to better predict trends […]
What is Customer Intelligence?
Customer Intelligence Marketers who leverage customer intelligence are better able to generate long-term loyalty among their customers. What is Customer Intelligence? Customer intelligence (CI) is the collection and analysis of detailed customer data in order to understand the best ways to interact with each individual customer. In today’s digital-driven world, customers share information about themselves […]
The Future of Business Intelligence
Business Intelligence Market The market for BI tools bodes well for the overall direction of the business intelligence market, which is expected to double over the next five years alone. Back in 2018, the market was worth $14.3 billion—just under 70% of its value in 2020. The substantial growth that the market is seeing is being […]
The Power of Risk Intelligence
Many organisations that have implemented risk management systems – be they for compliance management, incident management, health and safety management, financial risk management – have failed to realise the value of the data that they collect each day, week, month, quarter and year. The reason for this is that they have not appreciated the value […]
Customer Intelligence : A Helpful Business Approach
“Gathering intelligence” might sound like something that’s straight out of an espionage movie, but marketers do it, too — specifically, gathering customer intelligence (CI). Why? Because right now, the customer is more powerful than ever. In a study from Dimensional Research, a whopping 90% of people who read online reviews said that their purchasing decisions were […]
Lead Approach In Business Intelligence
Even today, enterprise companies are choosing a limited, “departmental” approach to business intelligence (BI) strategy and adoption. They resort to working with multiple vendors, each of which provides what they consider the best technology for an individual department within their companies. It’s a common phenomenon driven largely by rapid changes in the technology market, including […]
4 Components To Smart City
A “smart city” is more than roads communicating with vehicles to help reduce congestion. It’s much, much more. Smart cities are responsive, intelligent, connected and sustainable. They’re made up of four main components, and without all four, you can’t have a smart city. Check out each of the four components and see how they all […]
Governance & Technology: Communicate & Collaborate
With the new norm that’s emerged this year, governments are forced to meet the evolving needs of the people, society, enterprises, and even other governments. They must transform to stay relevant and even survive, and make their cities and countries more competitive under this new norm. It’s definitely a tough job for governments and all […]