Why is so little information being used by so few? Most organizations use less than 10 percent of all the data they collect, while access to the information is provided to only 5 percent to 7 percent of the people who could use it, says the Giga Group research firm. For organizations with large data warehouses, the percentages get even smaller.
A key factor is that information hasn’t been easy to obtain, and it hasn’t been easy to use. The “silos of data” present in most enterprises make it difficult to locate and obtain specific information. Businesses, however, cannot afford such inefficiency. (Source: Electronic Commerce World)
Bamcentric has the capability of extracting data from multiple business systems from multiple vendors from multiple platforms - and from multiple locations. In addition, Bamcentric can deliver in real-time the alerts to managers in the most appropriate form: for a production supervisor this may mean an SMS text on his mobile telephone, or for a field sales person this may mean an email, for a plant manager this may mean a dashboard with production exceptions, graphics and KPIs.
The central business idea is that there are certain Key Performance Indicators (KPIs) that are measurable FACTS critical to the business. KPIs are typically well-established criteria in the minds of business executives, and need to be monitored closely - preferably 24x7.
Bamcentric can send automated alerts when threshold values are reached (KPIs) with minimal human intervention, and delivered via the most appropriate medium such as web, PC-based dashboards, email or SMS.
Using Bamcentric as a management tool enables data warehouses to be interrogated at regular intervals. Up-to-the-minute alerts notify the financial, sales and supply chain control managers as soon as exceptions occur which enables them to interact and take action to enhance the efficiency of their departments.
The Bamcentric approach does not replace data warehousing, which provides outstanding large-scale data mining and long-term trend analysis benefits. Bamcentric’s implementation is a complementary approach, delivering instant, here-and-now exception reporting.
Our professional services organization can help your company on improving the quality and availability of information, and to ensure effective responses on using Bamcentric software suite.
Analyzing Historical Data