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Event Details
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IDC's Asia/Pacific Business
Optimization: BI/BPM/DW Conference 2006
Conference
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Friday, 11th August, 2006
Hyatt Regency, Mumbai
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IDC's Asia/Pacific Business Optimization: BI/BPM/DW
Conference 2006 |
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Information, information, information!
Information drives the engines of the new
economy today and plays a crucial role in
developing and maintaining a competitive
advantage for enterprises. Access to data is
increasingly important, as businesses require
timely information to seize opportunities and
new market segments and to react to competition
locally, regionally and globally. The usage of
data has penetrated most strategic, if not, all
aspects and operations of organizations,
including customer profiling, customer support,
market research, product profitability and
inventory and distribution analysis.
What is Business Intelligence?
Business intelligence (BI) is defined as the
process of enhancing data into information and
transforming into knowledge. It represents the
applications and technologies that play a key
role in the strategic planning process of the
corporation. These systems allow a company to
gather, store, access and analyze corporate data
to help enterprise users make better business
decisions.
Are enterprises embracing Business
Intelligence?
IDC’s annual end-user survey continuum 2005,
revealed that more than 50% of the respondents
interviewed in the region said that they have
yet to invest in any BI software. This shows
that many organizations in Asia Pacific have
some way to go before they attain optimal
Business Performance Management (BPM).
IDC research shows that the following factors
would be crucial in determining the adoption of
BI in enterprises.
- Education and training. Enterprises have
to be educated and trained on how BI can be
used as a tool for decision-making and for
meeting other strategic goals of the
organization.
- Obtaining management buy-in. As data
becomes more accessible to a larger pool of
users, some business units may be rendered
obsolete. As such, management would have to
introduce and educate users on the
functionalities of BI software so as to reap
maximum efficiencies from it.
- Availability of user friendly and
industry-specific BI solutions. This would
drive adoption rates if organizations for
different industries are able to integrate
BI with their existing applications.
IDC Asia/Pacific will launch the Business
Optimization: Business Intelligence/Business
Performance Management/ Data Warehousing from
3rd August through to the 31st August across
Asia.
At the conference, IDC will address the
following topics and more on Business
Intelligence:
- Defining core BI/BPM processes such as
financial & operational planning,
consolidation & reporting, modeling,
analysis, and linking KPIs to organizational
strategy
- Utilizing BI/BPM and data warehouses to
generate easily identifiable ROI on existing
IT investments such as ERP & CRM systems
- Defining industry specific
organizational dashboards & scorecards for
achieving BI.
- Best practices in BI/BPM across Asia
pacific
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