rapiddecision ® what are the steps to bi success presented by: name goes here title goes here
TRANSCRIPT
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RapidDecision® What are the Steps to BI Success
Presented by:
Name goes here
Title goes here
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DETERMINE approach and ACQUIRE software
THE NEED for Business Intelligence
FOCUS on user adoptionto ensure success!
EXECUTE based upon selection
EXPAND to new areas within your organization
Implement successful Business Intelligence Strategy…
EXPANSION
ADOPTION IMPLEMENT
SELECT JUSTIFY
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Market Dynamics
Shareholder
Concerns
Macro Uncertainties
Lack of Visibility
Global Competitio
n
You
?!
? !?
!?
!
?
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Users Need TIMELY, ACCURATE, and CONSISTENT Data
CEO
“How do we increase revenueand margins while reducing costs across the board???”
FINANCE
“I’m being auditedby the SEC, I need
the last 5 yearsof revenue data
today!”
“I don’t trust the revenue numbers,
where does the data come from?
It’s quarter end today!”
SUPPLY CHAIN
“I have all these open orders – do I
have enough inventory
on hand????!”
SALES & MARKETING
“What is our current customer renewal
rate? I need to respond to our CEO
today!”
CIO
“The backlogof report requests
is OUT OF CONTROL!”
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Justify BI
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Justify BI
It IS……
…more than faster reporting
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Justify BIIt’s ALL about profitability
Increasingrevenue
ReducingCosts
ImprovingEfficiencies
Better Asset Management
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Justify BI
What is your business case?
Lowering your DSO?
Reducing your AR?
Slow-moving Inventory?
Reducing Inventory?
Retaining customers?
On-time delivery performance?
Order to cash?
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Justify BI
To be successful…
…you must the Business Benefit Opportunity
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»Customer/Product Profitability»More competitive pricing» Improved customer loyalty» Integration of sales, delivery billing and AR
Justify BIBusiness Intelligence Benefit OPPORTUNITY
»Real time views across business processes»Real time alerts to operational problems»Trend analysis on Inventory & AR»Real time information for direct customer interaction
»Executive dashboards»Consistent use of KPI’s »Real time access to data»Fewer silos between apps
»Reduced data entry»Reduced report development costs»Reduced error Processing»More efficient administrative and processes
Business Intelligence
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BI Selection
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BI Selection
…where do you start?
Now that you have a business case…
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?Unlocking the Data
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Oracle E-Business, PeopleSoft and JD Edwards Data:How to Handle the Complexity
Amount
Level of Detail
Account
Business Unit Code
Company Name
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»TRANSFORM»RENAME
»CUSTOMIZATION»RENUMBER
RapidDecision a Pre-Built Data Warehouse for E-Business, PeopleSoft, and JD Edwards
Other Data Sources
JD Edwards
PeopleSoft
E-Business
Sales OrderReceipt
InvoiceGL Transaction
Voucher
Work Order
ItemPurchase OrderCustomer
SupplierShipment
»TRANSLATE
RapidDecision
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A
Translate
Transform
Renumber
Rename
Bu
sin
es
s In
te
llige
nc
e
EBS
C DB
ETL/
CDC
Re
po
sit
ory
PSFT
JDE
Other Sourc
es
SAP Business Objects Data Services
RapidDecision®
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Minor PlayersMajor Players
BI Selection
IBM/Cognos Microsoft MicroStrategy Oracle SAP Business Objects
Noetix Cetova Insight Software (GL
Company) QlikView Q4biz
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BI Implementation
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BI Implementation
YOU HAVE TO HAVE A PLAN
Rewards Execution Expectations Requirements
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YOU HAVE TO HAVE A PLAN
BI Implementation
Rewards Execution Expectations Requirements
A successful BI implementation involves:• Gathering
requirements• Training • Planning • Project
management
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YOU HAVE TO HAVE A PLAN
BI Implementation
Rewards Execution Expectations Requirements
that EVERY issue will be solved
Don’t set the expectation
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YOU HAVE TO HAVE A PLAN
BI Implementation
•Define the path• Identify the team•Keep deliverables set to 4–6 weeks
Define, identify, deliver
Rewards Execution Expectations Requirements
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YOU HAVE TO HAVE A PLAN
BI Implementation
The upside potential in cost savings FAR outweighs the acquisition cost
Rewards: Tie to results
Rewards Execution Expectations Requirements
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BI Implementation
Implementation can be easy...
…getting the value from the technologycan be hard
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BI Adoption
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Executive Sponsor must help drive BI
BI should be accessible to ALL levels of the Organization
Training
Establish a BI Center of Excellence
Ensure their BI solution is rolled out to their entire End User community
BI Adoption
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Conclusion
Implementing a business intelligence (BI) program takes more than just installing the technology
A successful BI program involves a set of concepts and methods designed to improve the business decision-making process by putting targeted information into the hands of those who need it most
Improve the process... …with
targetedinformation
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Invitation to free monthly webinar:
RapidDecision provides educational webinars, scheduled monthly.
These webinars are designed to show you how, as an Oracle e-Business, PeopleSoft or JD Edwards customer, you can rapidly implement a data warehouse.
RapidDecision attends all the major Quest meetings, participating in the elective sessions and Exhibitor Showcases.
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Take a Test Drive……
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What are the Steps to BI Success?
Questions
and Answers
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To Learn More About RapidDecision® or to Arrange a Demo…
Call:800-775-4261 ext. 5812
Email:[email protected]
Visit:www.rapiddecision.net