To meet evolving regulatory mandates, companies around the world are adopting International Financial Reporting Standards (IFRS), a set of methodologies and disclosure requirements for the preparation and presentation of financial statements. Yet making the transition to IFRS is not just a rote accounting exercise.
This is the key finding of a major programme of research, conducted by the Economist Intelligence
Unit and sponsored by Business Objects, into how senior executives in different regions make decisions for their companies.
There is growing evidence that more pervasive BI and analytics have a direct impact on competitiveness. Better decision making is more important when resources become restricted during a recession, so BI and analytics projects will still appeal to management. However, justifying large capital outlays for software will be challenging unless short-term benefits can be directly correlated with the investment.
Many US companies find themselves acting like Wait-and-See, Inc. They interpret the switch from US Generally
Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes.
Organizations of all sizes across nearly every industry sector are facing unprecedented macro-market forces that are driving them to seek new business intelligence (BI) tools to achieve their corporate objectives. Traditional BI systems generally require dedicated staff to generate meaningful analysis, but the analysis is still difficult to share. As a result, many departmental managers and end users have relied on simple spreadsheets, which require significant manual effort and provide limited insight.
As a midsize company, you need to be faster and more focused than your bigger competitors. The SAP® BusinessObjectsT Edge Strategy Management application helps you develop the business agility to quickly align resources and execute changing strategies to drive efficiency and profitability.
To manage performance efficiently, midsize companies need a unified planning, budgeting, and consolidation solution. The SAP® BusinessObjectsT Edge Planning and Consolidation application streamlines the planning process and produces management reports that instill confidence and reduce business risk.
SAP® BusinessObjectsT Edge BI software is ideal for midsize companies wanting to improve business intelligence (BI) processes and get an edge on the competition. It can help you address just about any BI requirement - and leverage the applications, data sources, and platforms your company already uses.
Sanjay Poonen lends his insights on the market drivers for this BI revolution, and explains what it all means for SAP customers. The article also features SAP ecosystem partners highlighting how SAP customers can unleash the power of information to truly innovate their business.
Learn how SAP BusinessObjects BI OnDemand offers complete, integrated business intelligence that extends your reporting and analysis of data in the Salesforce application from salesforce.com. This software-as-a-service (SaaS) solution is free to try and requires no dedicated hardware or software installation.
FreshDirect found it very challenging to get operational insights from its information systems. In order to improve, it was critical to FreshDirect that they select a BI technology that allows the company to measure and report on operational metrics across departmental applications without requiring the building of IT-intensive data marts. With this requirement as one of the key selection criteria, the company evaluated multiple vendors. Download this case study to learn more.
When the economy slows, many businesses react by retrenching and cutting costs. While cost reduction is important, companies often overlook equally critical strategic decisions-opportunities to use business information to strengthen product and service offerings and emerge ahead of the competition. Find out how you can use business intelligence (BI) to avoid the most common mistakes companies make in a down economy.
Become acquainted with the script logic functionality available in SAP BusinessObjects Planning and Consolidation 7.x, version for SAP NetWeaver. Review use cases for script logic, its architecture, various ways to execute it, and a few basic key words. Designed for individuals who will be end users of SAP BusinessObjects Planning and Consolidation or who require a product overview. The goal is to work with the SAP BusinessObjects Planning and Consolidation Excel, Word, PowerPoint and Web interfaces.
Location analytics is the process of
integrating geographical data into business intelligence (BI) and analytics-led decision
making. Location analytics creates meaningful insight from relationships found in
geospatial data to solve a broad variety of business and social problems.
Location data is found everywhere – with an item or a device, in a conversation or
behavior, in machines or sensors, tied to a customer or competitor, attached to a
database record or recorded from vehicles or other moving objects. Organizations
want to take advantage of location data to improve decisions, create better customer
engagement and experiences, reduce risks and automate business processes.
Philip Howard of Bloor Research compares performance capabilities of the leading BI platforms. Companies studied in this comparison are IBM (Cognos, DB2 with BLU Acceleration), SAP (BusinessObjects, HANA), Oracle (Business Intelligence, Exadata) and Microsoft (Business Intelligence, SQL Server).
His conclusion? "DB2 with BLU Acceleration should not only provide better performance in the first place but also provide consistent performance, with a corresponding requirement for less hardware and less cost."
Companies are trying to improve efficiencies and performance of many real-time operational business practices, including customer experiences, inventory & purchasing, manufacturing yield, BAM and BPM. This white paper explores strategies and capabilities that best-in-class companies are employing to improve operational performance.
Download this step by step guide to learning how mid-size companies can benefit from Business Intelligence. You'll learn the benefits of BI and why mid-size companies need it for effective decision-making and improved results.
Wondering how you can use social media channels to join the conversation with your customers? Find out how software solutions can help you capture and analyze massive amounts of social media data and prepare individualized responses while integrating with your business software through a unified IT architecture.
The Internet of Things may be a hot topic in the industry but it’s not a new concept. In the early 2000’s, Kevin Ashton was laying the groundwork for what would become the Internet of Things (IoT) at MIT’s AutoID lab. Ashton was one of the pioneers who conceived this notion as he searched for ways that Proctor & Gamble could improve its business by linking RFID information to the Internet. The concept was simple but powerful. If all objects in daily life were equipped with identifiers and wireless connectivity, these objects could be communicate with each other and be managed by computers.