The Death of Business Intelligence

Trends in Business Intelligence and ERP systems for 2015

Posted in Analytics, Business Intelligence by luisaferreiradsp on December 18, 2014

2015 will be a year of consolidation and transformation for Business Intelligence (BI). The rise of the Internet of Things (IoT), the integration of cloud and the ever increasing demand for mobility, will shape the way people consume data and shape an established industry that’s worth $89.5 billion this year alone. ERP systems themselves are transforming from a desktop-only model to a device-centric mobile technology.

What are the paradigms that will change? How will this affect the Business Intelligence industry? And most importantly, how are you preparing for the upcoming year? Are you ready for what’s to come? Here at DSPanel we have prepared what we think are the main things you should consider in 2015.

  • Integrate and analyze wherever you are

Integration is one of the top aspects for any big tech trend such as mobile, cloud, Internet of Things, and digital business.
With the ever-increasing need to ‘do more with less’, enterprises will be keen to adopt agile approaches to integration. This will also intertwine business agility with the flexibility to use a variety of services, the scalability to keep pace with business volume, and the efficiency to keep costs to a minimum. Rapid integration leveraging simple interfaces is going to become the standard.

  • Apps

When it comes to simple interfaces, and according to Gartner, apps will play an important role in delivering intelligence. Apps enhance the mobility and versatility side of the software available as they will allow real-time and simplified analysis.

  • Smart analytics start to emerge

Advances in graphical and intuitive modeling will mean a bigger role for data visualization in BI. As self-service analytics become more mainstream, tasks such as forecasting and prediction, will become more common and a lot less painful.

  • Analytics across the organization

In today’s BI landscape, we see a dilution in the roles each person plays within an organization. That is particularly true in the case of data analysis. Today’s data analyst is no longer the BI expert within the department. Data is now being analyzed and generated by your operations manager, supply chain executive or even salesperson. This will have implications on the way BI is utilized in 2015 and on the type of platforms we’ll see appear during the upcoming year.

  • Dominance of Mobile and the intersection with Business Intelligence

More and more companies will invest in mobile solutions and business intelligence software to get more out of their existing ERP systems. Businesses are leveraging mobile ERP not just for reports and dashboards, but for conducting key business processes. Real-time information needs are demanding more agile business applications.
This is an ‘anytime, anywhere’ Era. Allowing access to ERP data from any device, puts users in the driver’s seat and facilitates the interaction with technologies on their own terms while also empowering the occasional user.

  • Convergence of ERP and consumer interfaces

With the proliferation of social media platforms there is a growing need for platforms that offer a user experience close to those user-friendly interfaces that we see on Facebook, Twitter or Instagram. However, until now, ERP systems have always maintained a more complex and less consumer-friendly look and feel. A new look at the user interfaces from ERP vendors such as DSPanel’s partner Epicor, all reveal that 2015 may be the year that enterprise software starts to close the usability gap with the social media giants.

  • Different technologies complement one big system and make it simple

When it comes to ERP systems there is an increasing demand for software which complements each other. Companies will create a large puzzle with items of software that suit their needs perfectly. More importantly, the choice of software is becoming crucial. The major software developers like to react quickly to current trends, providing swift interaction, and a wide variety of their products. This means the puzzle is going to get bigger in 2015.

A Pragmatic Approach to ERP Implementation

Posted in Business Intelligence, ERP by errahseno on September 11, 2014

The implementation of an ERP system is certainly no walk in the park. It is complicated, expensive, and stressful. It requires months or years of rigorous planning, serious financial commitment, and sufficiency of manpower.

Failure of an ERP System implementation is probably one of the biggest and most expensive failure a business will ever encounter. Sky rocketing license costs, Consult costs, and internal hours dedicated to its planning and implementation are a few of the reasons why failing in this project is a big blow to the head of its proponents and across the organization.

While it is true that the technology behind the system must be smart, it should above all be easy to install, integrate, use, and maintain. The success of the Implementation does not solely rely on the technology bought. On the contrary, a huge portion of the ERP system´s implementation success lies in the people behind it.

Many businesses put the burden of implementation on the shoulders of the IT department and that is not entirely wrong. Implementation, of course, requires software installation, integration, and migration of data. More work to an already overworked team in many organizations.

Needless to say, implementing this system means digging up details which usually does not lie in the hands of senior management, but details that are held in the hands of the front liners. Implementing the system also means deciding which of the existing multiple processes will remain, which between two departments way of doing things is correct, and who will call the shots.

This line of thinking leads us to a reasonable conclusion that there must be a person high up the organization that should spearhead the project. Why so? Because it requires buy-in from a lot of managers in different departments, it requires the mediation among employees before they pull themselves out of the project and sabotage it, and someone needs to explain why things must be done. One person cannot do it by himself, of course, so this lobbyist must be supported by Project Leaders who shall help him/her oversee the implementation and communicate to all affected employees.

It also tells us that since the ERP system will ultimately result in labor cost savings and a more real-time intellectual process, employees must be assured that this implementation is not to get rid of them or to devalue the effort they have exerted through the years in improving the business. They need to understand it is to make better use of employee time so that they can rid themselves of mundane tasks. Employees need to understand that this change is not because they were doing something wrong all these years, but because there is a window for improvement that can be used to improve the business.

While it sounds like plain and simple common sense, many businesses underestimate the impact the people have on the success of this project. People normally resist to anything new and it is human nature to do just that, but like everything else, with proper communication and sincere team effort, a functioning ERP system in place can bring a breakthrough way of doing business.

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