solving the bi adoption challenge with report consolidation
TRANSCRIPT
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Solving The BI Adoption Challenge
What We Can Learn from Websites Like Expedia about Reports Optimization?
Transition to Enterprise 4.0 Is a Strategic Priority
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BI & Analytics Are Critical for Enterprise 4.0
Source: PWC 2016 Global Industry 4.0 Survey
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Make BI and Analytics Pervasive
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BI Has a Dismal 22% Adoption Rate
78% Are Left Out
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BI Has a Dismal 22% Adoption Rate
22% Cut Off
Operational Employees
Partners & Suppliers
Customers
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Report Rich, Information Poor
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Making BI & Analytics Less Time Consuming
Source:
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Prime Areas for Report ConsolidationThe consolidation opportunity is in operational reporting & decision support
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The Vicious Cycle of ReportingHow the push approach creates a reporting overload
Requests a report
Gets a report
Has two questions
Gets two new reports
Has hundreds of reports
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Adjacent Innovation Approach
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Game Changing Self-Service
Eliminated Travel Agents
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Such Applications Are Called “Data Products”
“Data Science is the art of turning data into actions. This is accomplished through the creation of data products, which provide actionable information without exposing decision makers to the underlying data or analytics (e.g., buy/sell strategies for financial instruments, a set of actions to improve product yield, or steps to improve product marketing).”
Booz Allen Hamilton
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1,000s of Data Fields, 100s of Reports, 0 Training
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90% Reports Consolidation with InfoApps
Customer Before Consolidation
After Consolidation
Financial Institution
3,000 30
Retail 1,000 100
Service Organization
100 1
Transportation 1000 50
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Monetary & Soft Benefits from Report ConsolidationThe average annual cost per report ranges between $2K and $20K
% ReductionCost per Report
($2K to $20K)X Savings=
Higher Adoption=
Better Performance=
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Manage The Data Value Chain to Go Beyond the 22%
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Demo