Business Intelligence
Businesses today have no shortage of data. The challenge is gathering and analyzing that data in ways that can help your business gain insights into its performance in relation to its goals. Too often valuable data resides in dozens of applications and locations with no way to extract it in a format that is useful.
Valorem's Business Intelligence consulting services promote intelligent performance and help you make the most of one of your company’s biggest assets … your information. Our business intelligence solutions will allow you to integrate and package information in a data warehouse and then present it in a format that lets managers quickly see exactly how well the company is doing in relation to an array of indicators. Your data will be consolidated and stored in a format that is optimal for reporting and drill-down analytics.
Simultaneously, our business intelligence consultants will work with you to determine the key performance indicators that are crucial to your company’s success. The data can then be displayed in the form of a scorecard that shows planned performance versus actual performance so you can see exactly how your company is performing in any given time period.
Before implementing business intelligence solutions in your company, Valorem's business intelligence architects will closely examine your business performance management goals, where your data currently resides, any current technology that can be leveraged for business intelligence purposes, and the particular challenges that these factors may present. Then we’ll offer recommendations on the most cost-effective, forward-looking ways to build a customized solution matched to your needs.
Data Mining:
Data mining is a critical component to business intelligence and an intuitive way to gain insight into your company’s history and trends. Valorem's BI consultants can help you implement data mining strategies in your organization and serve as guides to uncovering trends and tendencies in your company’s historical information. Data mining applications also allows for statistical predictions, groupings, and classifications of your data.
Most companies collect, refine and analyze huge quantities of data. With help from Valorem, data mining techniques can be implemented on your existing software and hardware platforms to help enhance information resources. These techniques can also be integrated with new products and systems as they become part of your existing system.
By using a data mining system you’ll be able to analyze large databases, helping you predict future behaviors and trends, and allowing your company to make proactive, knowledge-driven decisions
Data Warehousing:
Data Warehousing systems are the critical component that addresses and resolves these three key data challenges. By partnering with Valorem's Data Warehousing team you'll have access to some of the top BI Architecture talent in market. Our team will work closely with you to identify the requirements of your Data Warehouse and implement the solution to fit your needs.
Performance Management:
When you partner with Valorem's Business Intelligence Services, we will help you identify, organize and analyze your financial, operational and competitive information to create solutions for performance management analytics, reporting, planning, budgeting and forecasting
Corporate performance management is about linking your organization’s business strategies with your core business process and activities in order to monitor and understand your overall corporate performance.
Typically, a corporate performance management analytics project culminates in web-based dashboards and scorecards that present Key Performance Indicators - a measure of performance - in a contextually relevant and meaningful manner.
Reporting:
Most companies today have sophisticated systems to collect and store large amounts of data about the products and services that they offer. For many companies, these data collection systems have not necessarily correlated into having easy access to the information and insights that business users ultimately need. To be successful in the competitive marketplace, an organization must solve this "data rich and information poor" problem by providing reporting capabilities that meet the needs of the end users within their organization.
By leverage Microsoft SQL Server Reporting Services the Valorem Business Intelligence team will help you organize your business data to provide effective reporting in two ways
- Reporting - also referred to as enterprise reporting. Managed reporting supports the creation of reports that span all aspects of your business. They are delivered across the enterprise to provide every employee real-time access to information relevant to their business area and enable better decision making.
- Ad-Hoc Reporting - provides agility to your end users by enabling them to create their own reports on an as needed basis. Employees have the flexibility to quickly get the information that they need, in the format that they need it without having to submit a request and wait for a developer to create the report for them.