Panorama Business Intelligence

A recent survey conducted by DecisionPath Consulting’s Business Intelligence and Data Warehousing department delivered insight into the broad perceptions many companies have concerning business intelligence.

The report, titled ‘Is BI Being Used Effectively?’, revealed that the utilization of business intelligence is still in early stages at the company level. While adoption is becoming widespread, BI at most companies is in need of maturation. According to the report, many BI deployments are viewed as standard reports rather than mission-critical applications used to improve decision making.

At the business function level, the report discovered a chasm between the needs and use of BI. While end-users want more sophisticated analytics solutions, many are unaware of new technology available.
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With its stalled sales and high-profile government bailouts, the auto industry has become a bellwether for the larger economy during the recession. But several companies within the industry, including used-car dealers, utilized business intelligence solutions to keep ahead of the downturn and avoid overstocking their inventory.
According to a recent Computerworld report, auto financing and lending firm Dealer Services Corporation deployed a self-service business intelligence solution to better track dealer inventories and buying trends. The company used BI to track which dealers were adding too much to their inventory and tailored their lending accordingly.
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Generally, a company such as Warner Bros. focuses its efforts to stop piracy. But the television and film producer is veering off the traditional path, using business intelligence in an effort to convert pirates into consumers.

At the recent Content Protection Summit in Los Angeles, Ben Karakunnel, director of business intelligence for the company’s anti-piracy unit, explained the unique way Warner Bros. is utilizing the technology to track piracy of its products. By rooting out and identifying illegal trading trends, Warner Bros. plans to alter sales strategy to better position its products and stay ahead of pirates.

Karakunnel gave the example of international markets, where pirates often dub or subtitle films themselves. WB found that by the 10th day after a film debuts or a program is aired, pirate-translated versions account for 74 percent of illegally shared products.
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Businesses’ need for scalable, well-performing warehouse platforms is driven by market challenges including the enormous growth of data, the need for real-time access, and the ability to instantly generate business insight in order to compete better.

With its Parallel Data Warehouse (PDW), Microsoft is changing the name of the game by releasing a high-end, mission critical product with around a million dollar SKU. The customer market is anxious to see the benefits of the Microsoft solution, which is based on a product they purchased two years ago from Data Allegro previously known as Project Madison for the last two years.

Microsoft typically plays at the lower end of the market, always trying to compete on pricing and catering to the masses. It’s an interesting move, considering you can buy a SQL Server for less than $25K or even have an express version for free. It’s also a very competitive battlefield where Oracle, IBM and Teradata have been active for many years.
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Contractors looking for new ways to utilize their business data are exploring the benefits of deploying a business intelligence solution, according to a recent Constructech report authored by industry consultant Christian Burger.

Most contractors now use simple report writing, looking back at past scenarios in trying to predict future outcomes. By deploying a business intelligence solution, these construction companies will be able to use their data in real time and avoid the need to constantly hire report writers for each software used.

“As with many new and innovative technologies, BI as a class of software evolved in other industries and is now being introduced to construction,” Burger wrote.
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We are very proud to share that Panorama NovaView was recognized by SQL Server Magazine with a Silver “2010 Editors’ Best Award” in the Best BI and Reporting product category.

“SQL Server Magazine’s annual Editors’ Best and Community Choice award programs offer a unique way to recognize the hottest products among the past year’s offerings,” – remarked Jason Bovberg, senior editor atPenton Media, publisher of SQL Server Magazine. “Choosing favorites from such a competitive field can be a challenge, especially in the midst of a financially unstable market, but this year’s winners show an uncommon breadth of functionality and originality.”

Given the dramatic consolidations and competitive landscape in the BI industry, we are thrilled to receive recognition from the premier magazine for Microsoft developers and BI professionals. At Panorama, we are dedicated to staying at the forefront of innovations, enhancing our NovaView BI suite to meet the constantly evolving market demands and to always deliver real value to our customers.

Market analysis firm IDC recently launched the business intelligence industry’s first tracking report – Worldwide Semiannual Business Intelligence Tools Tracker. It covers several regions and 13 of the world’s largest business intelligence markets.

IDC also released its predictions for market growth. According to the tracker, the BI tools market grew 13.9 percent over the first half of 2010 compared to the same period from 2009. Software revenues reached $3.9 billion in that time. Specifically, the end-user query, reporting and analysis segment accounted for $3 billion.

“After three decades, business intelligence – or BI – tools are finally entering the mainstream market,” Dan Vesset, program vice president for business analytics solutions at IDC, noted.
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Join us for a live event at Microsoft Headquarters in Moscow where we will be demonstrating how you can leverage your existing investments in the Microsoft BI stack and extend it with a BI solution from Panorama NovaView to make faster and better decisions and streamline your operations.

We will be featuring a real story of how Baltika Breweries, Russia’s leading beer producer with revenues of more than 2 billion Euros and exports to 60 countries worldwide, is using BI for operations management and to expand its market presence.

Learn more & Register >>

A researcher for the University of Maryland’s School of Medicine recently described how radiologists can improve patient care through the use of business intelligence solutions, according to Information Management.

Speaking at the recent Radiological Society of North America 2010 conference in Chicago, researcher Charles Nagy revealed how he and colleagues at the medical school use dashboards to improve work in the field.

According to Nagy, dashboards can capture patient wait times, retake rates for several modalities and reporting timelines for physicians reading studies. All this, combined with quality images and reports, can help radiologists speed turnaround time to referring physicians that initially ordered tests.
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