Business Intelligence: A Financial Perspective
•Télécharger en tant que PPTX, PDF•
1 j'aime•611 vues
Microsoft partners, opensky Data Systems, highlight the benefits of Financial Business Intelligence Solutions by Microsoft. BI in Finance comes to agility, adoption and cost.
Recommandé
Contenu connexe
Tendances
Tendances (20)
En vedette
En vedette (20)
Similaire à Business Intelligence: A Financial Perspective
Similaire à Business Intelligence: A Financial Perspective (20)
Dernier
Dernier (20)
Business Intelligence: A Financial Perspective
- 1. Ronan Gavin BI Solution Lead Microsoft Ireland Self Service BI for Finance Some Useful Principles
- 2. EPG | MICROSOFT CONFIDENTIAL Key Opportunities for Finance Agility = Competitive advantage 2 “By 2015 businesses that build a modern information management system will outperform their peers financially by 20 percent” Top 20% Performing Org’s Employees spend 1.2 Hrs per week searching for Info Bottom 30% Performing Org’s Employees spend 6 Hrs per week searching for Info Strategic Relevance “We’ve reduced the time to produce accurate insights by over 50% with our Microsoft BI solution.” Finance is spending a substantial portion of time influencing business strategy and operational priorities Finance is more focused on ensuring current initiatives deliver results than on selecting/ aligning new initiatives
- 3. * “The Deciding Factor: Big Data & Decision Making” – Capgemini, Business Analytics | The way we see it ..And #1 Blocker to Achieving Expanded Insight 4% 4% 6% 4% 11% 12% 4% 8% 14% 9% 9% 85% 84% 93% 86% 84% 91% 89% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 1 2 3 4 5 6 7 “The inability to access & analyze critical data, via existing tools…” 85% Of business users listed the inability to analyze data critical to their role, within their existing tools & processes, as the #1 obstacle to increasing insight 89% of these users identify Excel as their primary analytic tool….
- 4. Business Insight: The key skills needed for Finance “People don’t want data, they want information & the goal is to tell stories” – Marc Reguera, WW EPG Finance Director, Microsoft
Notes de l'éditeur
- “We are seeing the Microsoft BI platform move up the food chain” and be deployed on much larger data volumes to much larger numbers of users, with more of its customers considering it their BI platform standard than in previous years.” Gartner, BI Platforms Magic Quadrant “Microsoft is executing well… with customers rating it above average across many key satisfaction metrics, including sales and customer experience achievement of business benefits, as well as for vendor success.” Gartner Gartner asserts that “By 2015 businesses that build a modern information management system will outperform their peers financially by 20 percent.” McKinsey agrees, confirming that organizations that use data and business analytics to drive decision making are more productive and deliver higher return on equity than those who don’t.
- Easy technically Design Challenge not a technical challenge Achieving simplicity is deceptively complex because it is a thoughtful process. Simplicity is the New Innovation Abstract, aggregate, clarify, combine, connect, contextualize, delete, edit, extrapolate, group, highlight, iterate, limit, locate, modify, order, organize, pivot, reject, research, rewrite, scrape, sort, test, trace Very hard balance to find between oversimplification & too much details Ability to Synthetize or Simplify….This is about categorizing tons of data into categories, boiling things down to its essence, making simple without making it simplistic Data Visualization=> 90% of the information transmitted to the Brain is visual and visuals are processed 60K times faster than mathematical information People don’t want data, they want information & the goal is to tell stories. If you want to transform the millions of data points into knowledge/info, telling a story is key. That is how we humans understand content & we need a beginning, a middle and an end. This is not new and goes back to Aristotle 2,300 years ago. What is especially important for me is structure & flow. You really need to use storyboard and think about the who/what/when & how. Once you synthetize you need to put your 4-5 ideas into a logical flow that is meaningful to the audience. StoryTelling with Data Visualization is different than traditional storytelling where you have characters/plot/conflict…It is more a cause & effect type of storytelling or following Shneiderman’s mantra. You really have to keep this goal in mind => People want info and you convert data to info by telling a story => examples of weekly reviews. As we develop new ways of gathering, processing, visualizing and presenting data, we sometimes risk focusing so much on techniques that we forget to tell stories. Storytelling is a basic human activity. This storytelling can be combined with data interaction which is really helping me making people more interested in data. Narrative & interactive doesn’t have to be mutually exclusive and that is the beauty of Power view. From a practical perspective, I sometimes come to a meeting with a story (we are loosing some senior people) and the interactive capabilities takes me another path with another story (we are loosing people in a certain profession) We have to be flexible because the collective knowledge in the room can help us find the best story. Sometimes I give an overview and we don’t really need interactivity but then that comes up when we zoom & filter.