Hosted BI: Detail
Altimus is launching a BI online service, where you will be able to upload your data to an instantly accessible portal and Altimus will do the rest. You will receive standard or custom reports within a specified time frame plus a unique enhanced service where telephone consultations are part of the deal. However for a complete Hosted BI solution Altimus are offering Rapport/Collaboration, where you and our specialists are joined to make a single team.
A Business Intelligence initiative can be divided into 3 sections:
All or part of this initiative can be outsourced or hosted outside the business, releasing valuable internal resources to action the results of the intelligence as opposed to spending valuable time collating data and producing reports that no-one then has time to act upon.
Let’s look at each of these in turn:
Strategic Direction involves identifying the Key Performance Indicators and other metrics: what to measure and aligning these measures with the business strategy, taking into account the business culture. This is an area that Altimus can work with your business in its capacity as a Business Iintelligence specialist consultancy.
Business Analysis, analysts at this stage will look at how to measure the data that has been collated: methods include: statistical analysis; forecasting, through data mining where connections are identified in the data. They will handle complex analytical requests coming from the business units. Altimus has a wealth of knowledge to draw on for the analysis and has particular expertise in Forecasting.
IT Infrastructure in the BI context needs to satisfy each business area’s need for information of varying complexity and allow for a timely delivery up to near-real time if necessary. Key features must support a diverse group with varying levels of skills and preferences for data delivery. The right information must reach the right people from simple reporting to advanced analytics and must be available in the shortest time frame. Altimus are partnered with Microsoft and other market leaders in BI software so this is a key area which can be outsourced .
Hosted BI makes the benefits of BI attainable for smaller businesses or indeed any business lacking the IT infrastructure and budget for traditional reporting tools. These businesses still have to put critical business information in the hands of decision makers and historically have had to choose between expensive and risky BI projects or complicated home-grown solutions. With the advent of new Hosted BI offerings, small to medium sized enterprises now have an option that will meet the majority of the requirements at a fraction of the cost.
Smaller enterprises encounter many of the same challenges as larger enterprises in unlocking information from the data they collect, yet lack cost effective solutions. Including the data collected being stored in multiple systems, requiring users to access different systems to get the information they need. It is also often difficult to see relationships between activities that may be occurring in one department that effect another, plus users that can most benefit from information often lack timely access and are unable to take action as a result. Another major challenge faced is when management cannot quickly identify opportunities or challenges, as they receive reports on a quarterly basis. Altimus’ Hosted BI offering Rapport/Collaborate can be accessed as frequently as is required.
Data is uploaded through an instantly accessible portal, this data can be custom to your preference; Altimus’ hosted BI Solution Rapport/Collaborate involves analysing your data and then standard or custom reports are made available through the portal for your access this Hosted BI solution will also include consultations.
To find out more about Hosted BI and how you can benefit from it, call Altimus and speak to one of our BI experts on 0800 804 6442, or through Information Request
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