A blog for connecting with the Business Intelligence community, providing views on the value of Enterprise Planning and Business Analytics. Read what companies are gaining with planning, analysis and reporting with Jedox.

21 12, 2017

Predictive Analytics – Will It Change The Way We Plan?

By |2017-12-19T10:46:59+00:00December 21st, 2017|Categories: Trends|Tags: , |

In this age of big data and high-speed information processing, companies need a business intelligence (BI) solution to help them sift through the mountains of data produced every day. Tesco’s alone handles more than 1 million customer transactions every hour, just imagine how they process this data? To make informed decisions, businesses use predictive analytics solutions to analyse data. To

12 12, 2017

Management Information as Catalyst for Financial Awareness and Ownership (Pt. 2)

By |2017-12-04T14:49:39+00:00December 12th, 2017|Categories: Trends|

Affordable Innovation The attention for Performance Management tools has taken off in the past five years. Previously, companies were dependent on monolithic, expensive and laborious tools from mostly large software suppliers. More innovative tools, often coming from new vendors, entered the market around 2010. These tools not only have higher ratings in user surveys, but are also cheaper. The favourable

4 12, 2017

How GDPR Affects Those Working Within a Financial Role

By |2017-12-04T14:48:52+00:00December 4th, 2017|Categories: Trends|Tags: , , , , |

On the 25th May 2018, the new General Data Protection Regulation is due to come into effect through EU law. Despite the UK’s commitment to Brexit, any changes that come into effect with GDPR will remain in place and, quite possibly, be broadened in coming years. For now, what this means is that businesses, importantly the financial professionals responsible for

21 11, 2017

Management Information as Catalyst for Financial Awareness and Ownership (Pt. 1)

By |2017-11-21T15:30:56+00:00November 21st, 2017|Categories: Trends|Tags: , , , |

A few years ago, a contractor of railways found themselves confronted with an increased pressure on prices and a shift of risk from client to contractor. New challenges and opportunities led to changes in the strategy. Using innovative Performance Management technology, we have been able to support the proposed changes in the organization. "The new information system serves as a

1 11, 2017

What Is The Future Role of Excel In Corporate Finance?

By |2017-10-25T08:03:24+00:00November 1st, 2017|Categories: Trends|Tags: , , , , |

Over the last 20 years I have become immune to the catch phrase in vendor land – “Excel is Dead”. Every time I engage with any of our clients, prospective clients or anyone interested in understanding how we can help them with their reporting challenges, Excel is the cornerstone of the process.[...]

17 10, 2017

Strong Alignment to Strategy – Be a Champion of Your Strategic Vision and Business Values

By |2017-10-17T09:11:02+00:00October 17th, 2017|Categories: Trends|Tags: , , , , |

In my role with OYB, I’ve met with 40+ organisations this year, all with varying degrees of investments in planning. Often they use Excel for their budgeting and reporting and have a handful of funded BI projects with no interactions with their office or finance team. In most cases, these same organisations have a CEO-driven strategy that clearly provides the vision that they want decisions to be made quicker, with data as their basis. They want self-service BI that adds value to the business and allows all business units to contribute time and resource to analysis.  A centralised team doing analysis for the entire company can fall into a ‘Jack of all trades, master of none’ scenario, diminishing the value of the analytics provided. [...]

18 01, 2017

Research Study on Cloud BI: Corporate Performance Management and Hybrid Cloud Solutions on the Rise

By |2017-01-18T14:45:26+00:00January 18th, 2017|Categories: Trends|Tags: , , , , , , |

Flexibility, fast deployments, scalability, and lower costs are the main drivers for global organizations to move their business processes and data into the cloud. According to a recent research study conducted by BARC, leading enterprise software industry analyst, and US-based research firm Eckerson Group, this shift of data gravity has resulted in a significant uptick of 50% in cloud Business