Tag Archives: social bi

World of Analysis on the World Cup

Similar to a world champion Olympic sprinter, the Spanish national team seemingly stumbled out of the blocks so badly that their tournament was over almost as quickly as it had started.

The spectacular and quite unexpected surprise of this year’s World Cup was the level of parody between power-house and underdog teams with a special mention to Costa Rica. They were unarguably this year’s overwhelming underdog of the tournament, surprising everyone! (ie. A bet of $1 on Costa Rica reaching the quarter final would have won $180).

We can see that there was a technical superiority of the European teams, as Europe was the continent with the most goals scored. On the other side of the Atlantic Ocean the South American teams were punished with more yellow cards than any other continent. However, an interesting trend was noticed when the lower tear teams were facing a superior team, they would raise their level of aggressiveness on defense in an attempt to offset the superior teams’ offensive prowess. Although the “Fair Play” award was given to Colombia, in general every team behaved accordingly during the tournament with only a few minor exceptions. Most notably, the infamous Suarez bite.

Overall America as a continent was the great winner of this World Cup in terms of teams from that region being able to qualify for the second round.

The highest possible percentage of teams (66.7%), followed by Europe (53.8%) and rounded out by Africa (40%).

There is no doubt that Germany deserved the glory! Throughout the World Cup they lead in attacking statistics. Known for being a sport that is turning into tactical and at times offers fans just plain boring games has a hope, the old way of playing is still very exciting and valuable.

Visualization can help translate analytics insights

What good is data if no one can understand it? Business intelligence suites were created to answer that very question, turning huge amounts of corporate data into useful material for decision-making. However, in some cases, processes may not go far enough. Answering business questions with a string of incomprehensible figures won’t solve anyone’s problems. Organizations need to find a way to not only process a huge range of information sources but also present the results in a coherent and sensible way. Data visualization techniques, employed by some of today’s leading BI suites, may be the answer to this quandary, representing an evolution of the analytics concept.

The case for visualization
ARC Advisory Group recently explained that difficulty of use is keeping some businesses away from using BI. This is a huge problem, as the technology can provide expert guidance and seems on pace to become an industry standard. The source went on to note that there is little time to get users up to speed on solutions that aren’t immediately resonant. If the technology fails to catch on at many levels, it may end up having a minimal impact on company culture. ARC explained that this is where interactive graphics come in, resonant to look at and updated often.

The perception of analytics without a visual element may be poor. According to ARC, managers may not prioritize learning to read a stream of raw insights from BI processes that are not user-friendly. This makes sense in a way, as there are many things for these leaders to take care of today. Still, if there’s one source of information that should be heeded, it’s the output from BI. Graphical interfaces and vibrant visuals can take several forms, and companies should choose the one that’s right for them. While ARC suggested a few that were limited in either functionality or industry, other solutions are more universal.

Getting the right visual features
One major benefit of visualization is the potential to expand BI use well beyond power users and place the software in everyone’s hands. Solutions such as Panorama Necto 14 leverage these techniques to this end. The software can deliver a number of different selections of data in a visual format, either tailoring the graphs to the specialized needs of business department staff members or the more trained eyes of the longtime analysts. There are also ways to ensure that many employees see a current infographic, allowing leaders to spread their findings to every department that can benefit from them.

Does Business Intelligence Continue to Grow in Health Care Industry

Business intelligence can be put to use in any industry, as it has near-limitless applications as long as there is data to be analyzed, and it is growing increasingly popular among health care facilities. The latest market research report from MarketsandMarkets indicated this sector of BI is growing nearly twice as fast as the overall BI market. As more health providers begin to take advantage of data analysis, it is likely that they will find even more ways to put collected data to work to improve everything from patient care to hospital administration and cost-savings.

Health care market embraces business intelligence
A report released in February by Research and Markets predicted that the overall BI market would see a compound annual growth rate of 8.9 percent between 2013 and 2018. While this is impressive, the health care sector’s expected growth outshines it dramatically. The MarketsandMarkets research found that the market for BI in the health industry is expected to grow at a CAGR of 14.8 percent in the same period.

It’s likely that the health care industry will show more interest in mobile BI and cloud BI, as technologies in the field are expanding in these directions as well.

Putting data analysis to work in health care field
“We, as a society, need to start creating our own metrics for how health care quality is defined,” said Dr. Anil Jain, senior vice president and chief medical officer at Explorys, according to InformationWeek. “In the sense of looking at costs, we know where there’s avoidable cost in health care. We just need to get folks the data they need to avoid those pitfalls.”

Analyzing patient data can give medical professionals insight into everything from daily emergency room admission rates to rehospitalization risks that can help them improve care delivery, cut costs and create a better environment for doctors and patients. InformationWeek highlighted the University of Pittsburgh Medical Center, which used data analysis to predict whether patients would need long-term care, emergency services or repeat appointments. By examining the patient data, the hospital was able to improve patient care.

Health care professionals interested in getting the most out of data analysis might want to look for a BI solution like Necto 14. Panorama’s latest software offering puts the power of analytics into the employees’ hands. The dashboard is intuitive and user-friendly, which makes it easy for anyone to collect and manipulate data, even if they are not data experts.

Businesses turn to collaborative BI to get things done

There are plenty of advantages to employing business intelligence tools in your business, and it can be even more useful when various members of the company can collaborate on projects. Of the many trends evolving around business intelligence, collaborative BI is growing rapidly as more and more enterprises embrace the team approach to data analysis. As the expression goes, two heads are better than one when it comes to putting data analytics to work for a business, as teamwork can allow good ideas to flourish whether choosing which data to use for a given project and how to interpret the analysis.

Interest in collaborative BI grows
Dresner Advisory Services recently released its third annual Wisdom of Crowds® Collaborative Business Intelligence Market Study, and the results made it clear that collaboration is key when it comes to analyzing data with a BI solution. The survey revealed that this aspect of business analytics was important to more than 60 percent of surveyed businesses around the world, according to Midsize Insider.

“… this year there is a rebound in interest in collaborative BI, placing it above such high-profile topics such as big data and social media,” Howard Dresner, the organizations founder and chief research officer, explained. “In addition, we see a much closer alignment between the tools and capabilities that users want and the features and functions that vendors are incorporating into their offerings.”

Harness benefits of collaborative BI
The ability to combine analytics with social applications and crowd-sourcing opens up a world of possibilities for using data to improve operations and strategies. Working with others on a project involving data can make it easier to interpret the information and determine the best way to use the analytics to make changes to current and future projects and operations.

It helps to have a BI solution that makes collaboration easier, and Panorama has software that can satisfy this needs. Necto 14 takes teamwork to the next level by offering options for collaboration along every step of the process from determining what raw data to use to analyzing that information to organizing it with data visualisation. The software allows multiple people to work simultaneously on the same projects, as they can make notes on various infographics, charts and other data and share instantly with their team.

Panorama Software’s BI 3.0 Solution Wins Stevie® Award in Best New Product of the Year

Panorama Necto Recognized for its Innovative Socially-Enabled Structure
and Contextual Data Discovery.

Toronto, ON (August 17, 2012) – Panorama Software, a global leader in Business Intelligence 3.0 solutions, announced today it was recognized with a Bronze Stevie Award in the Best New Product or Service of the Year – Software – New Version category  in The 9th Annual International Business Awards(SM).

The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide are eligible to submit nominations – public and private, for-profit and non-profit, large and small. The 2012 IBAs received entries from more than 50 nations and territories.

Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the Ritz-Carlton Hotel in Seoul, South Korea on 15 October.

“The International Business Awards recognize real innovation on a global stage ,” said Eynav Azarya, CEO of Panorama Software. “We are proud to earn yet another award with our Business Intelligence 3.0 solution and we will continue to further improve Necto so it stays at the forefront of BI innovation.”

Stevie Award winners were selected by more than 300 executives worldwide who participated in the judging process this year. More than 3,200 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

Panorama Necto represents a new generation of Business Intelligence 3.0 solutions that introduces a unique way to connect data, insights, and people in the organization. Necto is the first BI solution that leverages social decision making and automated relevant insights to enable users gain insights more quickly, more efficiently, and with greater relevancy. For more information about Panorama Necto, visit www.panorama.com.

About the Stevie Awards
Stevie Awards are conferred in four programs: The International Business Awards, The American Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service.  Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.  Learn more about The Stevie Awards at www.StevieAwards.com.

I’m told the future is Social BI (BI 3.0). What about Big Data and the Data Warehouse?

Source: Capgemini

Well, here I am once more trying to take my mind off the English football, penalties and the fact I now need a Big Data solution to determine when we last won a tournament; I knew I shouldn’t have eaten Italian food yesterday afternoon, it was never going to end well…….

BI 3.0 is Social BI

This incremental addition to BI 2.0 adds further functionality for social collaboration, data insight relevancy and end-user self-service capabilities whilst, thus far, seemingly omitting the increasingly important trait of a simplified visual interface and user experience (UX) driven through the global adoption of smart phones and tablets.

In recent months, Gartner has talked about ‘The Consumerization of BI’, Forrester Research in conjunction with Panorama software (who first cited the term BI 3.0) have  identified their interpretation of the 3 key themes of BI 3.0 and, a number of movements in the Agile and Mobile BI market space have taken place (examples being Oracle’s acquisition of Endeca,  Qlikview 11 (Social) launched, the emergence of the visualisation company DOMO and of course Panorama Necto being released).

BI 3.0 has 3 core themes

According to Forrester , the following components are crucial to next generation BI tools:

  1. Social Decision Making – if you try to achieve your goals alone, you will never be able to accomplish as much as with teamwork. BI 3.0 is about enabling users to work together (using social tools) to gain a much higher level of insight.
  2. Automated Relevant Insights – By automatically delivering relevant insights to the users, BI 3.0 eliminates the need of business users to understand the ‘how’ and focus on the ‘why.’
  3. Self-Service – BI 3.0 is designed by business users and for business users. This reduces IT involvement in the day-to-day use, enabling those resources to focus on deployment and administration rather than generating reports, while providing intuitive, easy to use analytical tools to ALL business and management users.

So, BI 3.0 means capabilities to support ‘social-media-like’ collaboration, greater information relevancy to the end-user and, the drive towards the ever elusive self-service Business Intelligence toolset the marketplace has been screaming for over the past decade. Mmmmmm, is that all thats needed really? Sceptical? So am I.

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Company: Mobiltel

Company Overview

With 3.3 million customers Bulgarian Mobiltel  is the biggest telecommunications network in Bulgaria and one of the most  successful mobile operators in Europe. The penetration rate for mobile  communications in Bulgaria is 62.4 percent and rising, where Mobiltel’s  installed base is more than 60 percent and the revenues in 2004 were €486.3  million.

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Panorama partners jump on board for Necto certification

With the recent release of our latest solution Panorama Necto, Panorama Software has ushered in the next generation of business intelligence technology, inspiring many of our well-respected business partners from around the world to jump on board with the cutting edge of analytics.

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Great to hear from partner community

Panorama Software recently did its best rock ‘n roll impersonation and ventured out on a world tour to spread the word about our revolutionary solution, Panorama Necto. Okay, so our trips through the U.K., Germany, and Singapore may have been different than those of the Rolling Stones, but the Panorama Necto roadshow still gave us a great opportunity to connect with the many organizations we regularly rely on.

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