10 key steps to deliver enterprise business intelligence and line of business reporting applications

Delivering a Business Intelligence application which dramatically improves your company’s business performance is one of the most rewarding projects you can ever work on. At EiB we should know, having done so on over 600 successful BI projects using the Microsoft BI infrastructure.However, it is also challenging with many real world obstacles (both technical and commercial), which is why more than 50% of all BI projects fail.So, in order to help you

Expert Opinion 07: Understanding the difference between Analytics, BI, Machine Learning, AI and Data Science

In the field of data science, things can become very confusing, especially with so many buzzwords and terms flying around, it’s very easy to waste a lot of time just trying to figure out how everything connects together, let alone applying them to the day-to-day running of your business. So, to clarify the relationships among the fields of business and data analytics, data science, business intelligence, machine learning, and artificial intelligence, Iliya Valchanov, founder of 365 Data Science, an educational

Expert Opinion 01 - Why is data management so crucial to achieving the ‘bi-modal’ vision?

Expert Opinion 01: Why is Data Management So Crucial To Achieving The ‘Bi-modal’ Vision?

In the first instalment of our Expert Opinion series, data and analytics expert Rudraksh Bhawalkar explains the fundamental benefits of managing your data effectively, in order to achieve a bi-modal framework for your business. ‘Water, water, everywhere, but not a drop to drink’. These, the modernised words of Samuel Taylor Coleridge in his poem The Rime of the Ancient Mariner, were penned in the late 1700s. Over two centuries later, we’re facing a similar problem. Like sailors looking out over a

Analytics Centre of Excellence

Leveraging the full potential of analytics: The case for an Analytics Centre of Excellence

Analytics are fast becoming the life-blood of organisations. Most notably within enterprises who have already embraced the digitalisation of their industries, recognising that data is now the new oil, and knowledge is now the new international currency. In fact, you’d be hard pushed nowadays to find a business operating in the black, who do not appreciate or understand the full value of analytics, and recognise the direct impact they can have on both empowering better decision-making and

The Finance Function of the Future - Focus on Hotels

The Finance Function of the Future: Focus on Hotel MI

The impact of technology on the hotels industry might not be obvious to the outsider – excepting, of course, the advent of online booking and internet aggregators – but to those working in the industry, the complicated nature of the business is crying out for an overhaul. Hospitality has traditionally been seen as one of the slower industries to embrace digital transformation. The successful innovators are those who have the means to invest in new ways of working while not being

EiB Analytics 2018 Conference - The Future of Automated MI

Excel in Business Announce Two Free Day Conferences to Celebrate the Launch of EiB Analytics 2018

There is no escaping that for many industries they are undergoing their biggest technological transformation in decades, as they slowly adapt to digitalisation in an ever increasing, data-driven World. The EiB mission is to help facilitate businesses to adapt to such a significant transformation, through developing a scalable MI architecture, which empowers organisations to leverage the entirety of their data and gain significant competitive edge. With that in mind,  Excel in Business (EiB) are hosting two FREE one day interactive conferences at

Lloyds of London

5 Top InsurTech Prophecies for 2018

2018 is already well underway, and for the Insurance industry this could prove to be one of their most exciting years yet. How so? Because of the InsurTech revolution… Until recently, insurance has been a virtual island in a sea of technological change. While innovators began disrupting banking and wealth management during the FinTech boom, which preceded the financial crash in 2008 — not to mention also completely transforming the music, travel, taxis and booking industries — insurance was happy to

Is a self-service analytics application right for your business

Are self-service analytics applications right for your business? Here are 8 questions to ask yourself to find out.

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

The importance of creating a scaleable road-map to BI success

It’s all well and good saying that you already have a ‘BI reporting solution’ in place for your business, but the truth of the matter is, that a reporting solution for advanced analytics alone quite simply cannot realise the true benefits of business intelligence for your organisation. The reality of the situation is, that in order to harness the full potential of BI, you first need to ensure your approach is more of a methodological process. Once this is established,

Bad Data; The bane of many an MGA, Broker or Underwriter’s life

Bad data…I feel your pain. But there is light at the end of the seemingly dark tunnel… Having worked with countless insurance companies over the years, I am pleased to assuringly inform you that the future of MI is a lot less daunting and time consuming as you all may think! Here are a few insights which I have gained as to why I believe this to be… Full Automation Of MI Sounds obvious, but I what I have repeatedly witnessed in