Does the raging ‘information explosion’ baffle you? Unravel the Enterprise Information Management (EIM) treasury for an assured return on information with a competitive advantage.

March 11, 2010

Advanced Analytics in Corporate Banking...

This is in continuation of the Advanced Analytics blog that appeared sometime ago.  Here I tried to present a business scenario on how it is applicable for a well known space called Corporate Banking.
Let me highlight some of the aspects that are relevant for the Corporate Banking.  We have lot of participants like Customer Relationships, Portfolio Managers, Product Managers, Regional Managers, Risk Managers, and Finance Managers, who are all interested in different aspects of the customer relationship.  Everyone wants to understand their own piece of thing, wants different reports in an ever changing environment.  But all are interested in digging through information that has single version of truth.  Added to this complexity, in Corporate World, companies get acquired and sold quite frequently.  This changes main information called customer hierarchy.  Interest rate fluctuations, and currency conversions also keep changing. 

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Posted by Narasimha Rao Kopparapu at 06:24 PM | | Comments (2) | TrackBacks (0)

March 05, 2010

Data is an asset

    Data is an asset for an organization. We have heard this data management principle multiple times. It has been clichéd to the core but most organizations fail to understand the true meaning of this principle. Let me try and explain this by using an analogy. Let us take an equally clichéd analogy of a car to look at this principle from a new perspective.

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Posted by Ajey Jayant Sudame at 03:43 PM | | Comments (3) | TrackBacks (0)

February 04, 2010

EIM - Where we lost the plot

Every one's been talking about "Enterprise" word, and BI is no exception. We all have been hearing and providing multiple roadmaps on Enterprise BI/Reporting, & agree that its not an easy nut to crack - multiple reasons attributed to it. Diversified business, products, customers, geographies organization operate globally, departmental goals and systems to support them never were built to hand shake. What this effectively boils down to is a huge data store which is there to sort our problems, but instead we got lost in trying to integrate, and make business/strategic sense out of this.

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Posted by Yogesh Bhatt at 01:48 PM | | Comments (1) | TrackBacks (0)

February 03, 2010

Are you paying attention, or is it the other way around?

I was browsing through the net last week when I came across a research which claims that the average attention span of an internet user is dropping and is approximately 4 seconds currently.  Now that was a shocking statistic considering that if the users do not pay attention, then what is the point of millions of dollars of investments made by companies into rich website and online advertising?

I guess I wasn’t the first one to arrive at this conclusion. After a little more digging, I came across the concept of Attention Economy . Basically information on the web has exploded and the choice available to the end user is making it more and difficult for them to be able to filter out what they are really interested in. This affects both users looking for information they need as well as or organizations who are creating the information for you. So organizations have started to realize that your attention is becoming a scarce commodity and are willing to do anything and everything possible to grab it, maybe even pay for it. So what impact will this trend have on the space of Information management, especially portals, content management and search? Here are some thoughts:

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Posted by Ritesh Radhakrishnan at 03:13 PM | | Comments (1) | TrackBacks (0)

February 01, 2010

EIM – Mimicking our own "Human Nervous System"?

I have always been fascinated by the way –we ‘human’ – manage the information through our Nervous System. To explain further – We capture information through 5 basic senses (vision, hearing, smell, taste, and touch), store it in brain, create various patterns of it and access it wherever needed. Hence, I believe, that we technology companies (product/services) are trying to 'mimic' human nervous system for Enterprise Information Management. And my opinion is that we should mimic it as it is evolved over million years and is foolproof. Believe me? Probably not, at least now.

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Posted by Vilas Appaji Ahire at 01:59 PM | | Comments (1) | TrackBacks (0)

January 28, 2010

Analyzing Analytics

If your wife adds (if you are the lucky one) additional 1/2 tea spoon sugar in your bed tea, can you imagine what would be the impact on your blood sugar level and to maintain the ideal balance with calorie count how many extra steps you’ll be running. Mass penetration of internet and ever increasing health consciousness in society has ensured that everyone has easy access to appropriate diet charts and general health tips such as above are addressed to some extent. However, healthcare providers around the world who are facing the pressure of patients and healthcare authorities to improve quality care with no complications, seek an analytical solution to empower them with robust tool to analyze data and regularly identify patients at risk.

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Posted by Piyush Kumar at 06:32 AM | | Comments (3) | TrackBacks (0)

January 25, 2010

Information Management Roadmap guidelines

You can notice Information Management (IM) space is quite hot these days.  There are multiple tools coming into the market to put the power of knowledge in the hands of business users.  These are also coming to the aid of IT Teams, in reducing their workloads, and enabling them to focus more on the data and information governance aspects.  But quite often we lose track of the important principles that we need to follow.  Albeit these are not quite difficult to follow, but are essential. 

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Posted by Narasimha Rao Kopparapu at 12:58 PM | | Comments (4) | TrackBacks (0)

January 13, 2010

Advanced Analytics: An Intro

We have already gone thru a long cycle in IT, starting from application development, implementation of off-the-shelf applications, Datawarehouses and Business Intelligence applications.  Industry is focussed more on Analytics now.  Analytics take the top most in the BI Space, when it comes to kind of insights and the value it adds in decision making.

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Posted by Narasimha Rao Kopparapu at 07:12 PM | | Comments (3) | TrackBacks (0)

Credit Crunch BI

Economic downturn has caused many upheavals in the Corporate world.  This also resulted in significant shift in Corporate priorities.  As you all know one of the first items to be trimmed happens to be the IT Budget.  This places tremendous pressure on the CIOs.  Most of the IT Surveys done in 2009 show that BI, Server virtualisation, ERPs, Portals and EAI are the top priorities for CIOs, in the same order.

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Posted by Narasimha Rao Kopparapu at 03:25 PM | | Comments (1) | TrackBacks (0)

Information Access

These days there are many information access tools in the market.  Corporates use Reporting tools, Business Intelligence Tools, Interactive Visualisation tools, Search platforms to carryout their information access services.

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Posted by Narasimha Rao Kopparapu at 03:22 PM | | Comments (0) | TrackBacks (0)

Vendor Spend Analytics

To remain competitive, companies are focusing heavily on reducing the costs and increasing the profits.  Some of the strategies adopted by companies are in Outsourcing manufacturing, taking up assembling only, or resorting to selling only.  Vendor Spend Analytics (VSA, in short) is a concept that focuses on reducing costs.

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Posted by Narasimha Rao Kopparapu at 03:19 PM | | Comments (0) | TrackBacks (0)

January 08, 2010

Will Enterprise Mashups “mashup” the Enterprise?

I recently came across a very nice video explaining about enterprise mashups (Watch Video). All of us in IT know those mission critical projects with tight schedules, last minute problem solving with moving goalposts and suffering from the dreaded scope creep. So the image of having the users doing their stuff on their own while I’m relaxing in an armchair with a nice glass of wine is quite appealing. But will Enterprise Mashups get me there?

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Posted by Christian Schacht at 11:37 AM | | Comments (0) | TrackBacks (0)

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