In today's uncertain economic climate, decision makers are under more pressure than ever before to deliver real value. Organisations everywhere are tightening their belts and aiming to lower their spend. At the same time, these organisations are under continual pressure to increase productivity and efficiency. BI and analytics systems are designed to reverse that trend by making it easier to get the nuggets of information that make a difference in how your organization operates.
Our service enables your organization to evaluate your BI analytics strategy, reporting, and ETL tools to create an integrated environment that can save you licensing and maintenance costs. Our solutions provide historical, current, and predictive views of business operations, most often using data that has been gathered into a data warehouse, data mart or working directly from multiple operational data sources.
BI delivers KPI (Key Performance Indicators) and trend information to the right people, at the right time, within your organisation so that management and staff can make more informed decisions and drive performance. Our consultants have worked with SQL Server and other leading ETL tools. Our team of consultants work with customers to help define and consolidate their ETL strategy resulting in licensing and maintenance savings. We used a BI solution that extracted data from each of their waste trucks, in real-time, to monitor the efficiency and effectiveness of their waste delivery system. The dashboard is able to determine instantly violations of parameters.
Our data mining Services allows organizations to use predictive functions that are natively available within Connet, or import models from third-party data mining vendors. Business users can access highly-formatted, data-rich, predictive reports through all the user interfaces supported by the BI platform, as well as perform standard report manipulations and create new reports on the fly. Unlike other similar products, Data Mining Services hides the complexity of the underlying statistics and does not require users to adapt to new applications or interfaces.
Key Performance Indicators - KPI
Key Performance Indicators can be used to indicate how areas of business are performing. While reliance on KPI is considered lazy management-KPI can be useful in giving early warnings of areas require further attention. We can provide KPI dashboards or scheduled KPI reports from your underlying data.
Examples of KPIs commonly used:
* Sales Growth
* Absentee Levels
* Average Margins achieved
* Production Line Waste
* Debtors & Creditors Days/Weighted Average Debtors Days
* Out of Stock numbers
* Stock Levels
You can use data mining to answer questions such as:
* What will customers buy? What products sell together?
* Which customers have not bought recently?
* Where has the marketplace been, and where is it going?
* How can a business best analyze its Web site usage patterns?
* How can an organization determine the success of a marketing campaign?
* How can businesses prevent poor quality data from entering the system?
* What are the best techniques for analyzing unstructured data, such as free-form text?
* What is the relationship between sales and web traffic?
Balanced Scorecard (BSC)
Translate strategy maps to be an intelligent business
A balanced scorecard provides executives and managers with a method for reporting and analyzing key performance indicators to determine if operational activities are aligned with the company’s overall strategy and vision. The Balanced Scorecard methodology is a management technique for structuring these scorecards and displays financial, internal process, customer and learning/growth data.
A Scorecard provides a way for business users to track and improve corporate performance by presenting key performance indicators (KPIs) — or strategic metrics — with current, target, and historic results in a visual record. BSC capabilities include:
# Strategy Development. i-nexus makes it easy to capture objectives, identify KPIs and instigate/align actions all within a single intuitive ‘drag and drop' strategy mapping interface.
# Scorecard Design. i-nexus automatically translates strategy maps into scorecards and makes it easy to link cascaded scorecards with automatic KPI roll-ups.
# Organizational Alignment. i-nexus provides each individual with a personalized view of their goals, KPIs and actions and automatically highlights actions which are not aligned with goals.
# Execution Planning. i-nexus provides the comprehensive project management capabilities that action owners need to plan and drive their actions to completion.
# Execution Review. i-nexus makes it easy for executives to understand if they are on track to hit their goals based on the projected impact of the actions currently underway.
# Strategy Review. i-nexus helps executives to review and refine the causal assumptions implicit within their strategy maps based on the actual data.
Analytical reporting tools help to access the full range of OLAP data sources available within the organization to get a comprehensive view of the business and the cross-impact that one trend may have on another and share results using a simple, intuitive Web interface. Through a combination of expertise, advanced setup and technical support, we help you through the process of getting your Web Analytics package to work harder and smarter. Our analytics expertise lies in varied domains such as financial services, telecom, insurance, retail, healthcare, pharmaceuticals, life science and web mining. In these domains Connet has developed many analytical applications for:
* Risk Analysis
* Retention, Churn Analysis
* Targeted Marketing
* Cross selling
* Predictive Maintenance
* Fraud/ Spam Detection
* Liquidity Prediction
* Modeling Life cycle Management