It’s that reporting time of the year, which means you’re most probably looking down the barrel of at least a few tedious days going line by line through data sets, trying to get a semblance of a picture of health for the powers that be. Say hello to your trusty friend Excel, that all-pervasive tool of data crunching that we all know, love and sometimes hate! And because we’re all so familiar with Excel, we’re also wise to its issues –
In a data and analytics survey conducted by the Economist Intelligence Unit, only 13% of insurers surveyed identified enterprise-wide data management and warehousing as a significant strength in their organisation, while 82% ranked data and analytics as a top strategic priority. So, while increasingly more insurance companies continue to invest in modernising their technology architecture, as a means of embracing the cultural shift to a digital age, most still find their efforts have
The vast majority of business leaders now know that to achieve truly sustainable growth, they need to double-down on digital transformation. But a recent report by Forrester, on behalf of Microsoft, shows that digital transformation is not enough on its own. “Enterprises that fail to build out a full digital transformation strategy miss out on the big picture,” the report states. “ Those pursuing a limited digital transformation strategy tend to focus on smaller, more tactical initiatives
Today, even with innovations in, BI software, financial reporting, management reporting and self-service analytics applications, monitoring every aspect of your business is still too complicated. It’s essential for you to use the right tools to track your business performance effectively, yet there are dozens of different software applications and approaches on the market, making choices confusing, complicated and all too often costly – especially as your user population grows. With the majority of businesses trying to manage and present data from
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