Despite its growing importance, it seems some aspects of the business analytics story remain unclear for many. Here, we take a look at one of the most frequently asked questions on the topic: ‘What actually is the difference between business reporting and business analytics?’
Running your business asks everything of you. You do whatever’s necessary to be and stay successful. Fighting the competition, finding and keeping the right people. Delivering projects on time, on budget and, more importantly, at the right quality level. Acquiring new projects and increasing the visibility of the business. Every day sees you invest serious time in ensuring progress. However, can you be sure that you’re really doing the right things?
For the majority of businesses, e-mail is used for just about everything. And the majority of people also tend to complain about how much e-mail they get. Particularly for professional service providers, where consultants spend so much time off site, e-mail as communication tool of choice has become practically second nature. In reality though, it’s something we’d actually like to get away from. So how can we actually draw a line under the endless stream of e-mail filling up our inboxes?
Many companies now have their internal automation well organized and under control. But is that also the case through the wider supply chain? Business are not stand alone operators – they are a part of something much bigger. Producers, traders, wholesalers and logistic operators – they all add value to the product arriving at the end consumer. If that’s going to be enough value to protect a profit for those involved, optimal communication between them is essential.
Even within the four strictly organized walls of your company things are happening that are hidden away in the shadows. Out of sight, but gnawing away at your processes, control and understanding. Employees are buying, hiring, downloading or logging into and using applications, tools and services that you know nothing about. That your IT department knows nothing about. This is shadow IT. A subject that’s well worth shining some light on.
3D-printing is practically a daily news item now, with all kinds of innovative and often rather futuristic applications. While the possibilities around 3D-printing (or Additive Manufacturing if you prefer) seem enormous, many businesses remain uncertain about what exactly they should be doing with the technology. Are we going to use it for our own production and design processes? Which applications are both possible and affordable? Where can it be effectively employed, and where less so? What about multi-colour printing? What will work, and what wont?
Effective consolidation is certainly no easy task. Rules and regulations are getting tighter and stricter, both domestically and internationally. A flawless audit trail, irrespective of how complex tax regulations may be, has become essential. With four eyes needed on more administrative processes than ever before, what help can growing businesses expect from their IT?
Business is flourishing, customers value your vision and the quality of your work, and your employees are proud to be a part of your organization. What’s the next step?
Many businesses are fully behind the benefits of supply chain integration and think accordingly about using a Business2Business portal or EDI solution. But which is most suitable, and what exactly are the differences?
The Internet of Things (IoT) has already become a commonplace aspect of everyday life for many, it’s impact both cultural and social. And it’s influence has certainly extended to the business world. Here we look in particular at its application in the manufacturing industry. The possibilities are significant, but where do the challenges lie?