Typical Challenges Faced by Organizations

Some of the typical challenges faced by organizations in the current tough economic times:

  • Have data, but lack insight
  • Tons of data resides in operational systems databases, but business users lack insight into market, customer, and product trends that could help run the business more effectively.

  • No “big picture"
  • Stakeholders are unable to get a consolidated and consistent view of information across finance, sales, marketing, inventory, production and other functions, because data exists in silos.

  • Manual Information processing...
  • Reliance on data export to Excel, where it’s manipulated, cut / paste into reports for presentation to management. This process is time consuming, costly, error prone, subject to individual interpretation, inflexible, and limited to periodic intervals.

  • After-the-fact insight
  • Information reaches decision-makers when it’s too late to make a change. Unable to spot emerging opportunities and risks in time