How To Buy Business Intelligence Software

December 8, 2016 | 285 views

When someone mentions Business Intelligence (BI), it’s possible that they’re referring to a number of different things. Generally, BI is a broad umbrella term that refers to software applications that are used to analyze raw data. Functions can include data mining, online analytical processing, querying and reporting.

Spotlight

FIND/SVP Inc

FIND/SVP is an innovative knowledge services company that offers a continuum of custom business intelligence, advisory, research and consulting solutions to address clients' critical business needs. The "SVP" in our name is the acronym for our affiliated global network of research companies founded in France in 1938. SVP stands for "S'il Vous Plait" (French for "if you please"). FIND/SVP started in the U.S. in 1969. When you need to know, FIND/SVP is the only firm that offers single source service for: a full suite of custom solutions from on-demand inquiries to in-depth market research; a complete choice of price points and programs; immediate access to our 1,100 expert professionals and analysts worldwide, as well as thousands of carefully selected resources covering virtually all industries and management functions. Our Business Information Center is the only live, person-to-person quick business advisory service designed to lighten your workload and enlighten your decision making.

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BUSINESS STRATEGY

How Artificial Intelligence Is Transforming Businesses

Article | July 22, 2022

Whilst there are many people that associate AI with sci-fi novels and films, its reputation as an antagonist to fictional dystopic worlds is now becoming a thing of the past, as the technology becomes more and more integrated into our everyday lives.AI technologies have become increasingly more present in our daily lives, not just with Alexa’s in the home, but also throughout businesses everywhere, disrupting a variety of different industries with often tremendous results. The technology has helped to streamline even the most mundane of tasks whilst having a breath-taking impact on a company’s efficiency and productivity.However, AI has not only transformed administrative processes and freed up more time for companies, it has also contributed to some ground-breaking moments in business, being a must-have for many in order to keep up with the competition.

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BIG DATA MANAGEMENT

DRIVING DIGITAL TRANSFORMATION WITH RPA, ML AND WORKFLOW AUTOMATION

Article | July 6, 2022

The latest pace of advancements in technology paves way for businesses to pay attention to digital strategy in order to drive effective digital transformation. Digital strategy focuses on leveraging technology to enhance business performance, specifying the direction where organizations can create new competitive advantages with it. Despite a lot of buzz around its advancement, digital transformation initiatives in most businesses are still in its infancy.Organizations that have successfully implemented and are effectively navigating their way towards digital transformation have seen that deploying a low-code workflow automation platform makes them more efficient.

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BIG DATA MANAGEMENT

AI and Predictive Analytics: Myth, Math, or Magic

Article | July 11, 2022

We are a species invested in predicting the future as if our lives depended on it. Indeed, good predictions of where wolves might lurk were once a matter of survival. Even as civilization made us physically safer, prediction has remained a mainstay of culture, from the haruspices of ancient Rome inspecting animal entrails to business analysts dissecting a wealth of transactions to foretell future sales. With these caveats in mind, I predict that in 2020 (and the decade ahead) we will struggle if we unquestioningly adopt artificial intelligence (AI) in predictive analytics, founded on an unjustified overconfidence in the almost mythical power of AI's mathematical foundations. This is another form of the disease of technochauvinism I discussed in a previous article.

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Predictive analytics vs AI Why the difference matters

Article | February 10, 2020

There are few movie scenes I can recall from my childhood, but I vividly remember seeing the 1968 Stanley Kubrick sci-fi movie 2001 A Space Odyssey in 1970 with my older cousin. What stays with me to this day is the scene where astronaut Dave asks HAL, the homicidal computer based on artificial intelligence (AI), to open the pod bay doors. HAL's eerie reply: I'm sorry, Dave. I'm afraid I can't do that.In that moment, the concept of man vs. machine was created, predicated on the idea that machines created by man and using AI could (eventually) defy orders, position themselves in the vanguard, and overthrow humankind. Fast forward to today. Within the information governance space, there are two terms that have been used quite frequently in recent years analytics and AI. Often they are used interchangeably and are practically synonymous.

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Spotlight

FIND/SVP Inc

FIND/SVP is an innovative knowledge services company that offers a continuum of custom business intelligence, advisory, research and consulting solutions to address clients' critical business needs. The "SVP" in our name is the acronym for our affiliated global network of research companies founded in France in 1938. SVP stands for "S'il Vous Plait" (French for "if you please"). FIND/SVP started in the U.S. in 1969. When you need to know, FIND/SVP is the only firm that offers single source service for: a full suite of custom solutions from on-demand inquiries to in-depth market research; a complete choice of price points and programs; immediate access to our 1,100 expert professionals and analysts worldwide, as well as thousands of carefully selected resources covering virtually all industries and management functions. Our Business Information Center is the only live, person-to-person quick business advisory service designed to lighten your workload and enlighten your decision making.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE

USEReady Unveils MigratorIQ for Business Intelligence and Cloud Computing

USEReady | March 16, 2023

On March 15, 2023, USEReady, a leading data and analytics solutions provider, launched MigratorIQ, a comprehensive migration solution to automate and streamline organizations' transition to modern BI (Business Intelligence) and cloud computing platforms. MigratorIQ is the culmination of USEReady's years of expertise assisting enterprises with migrating to new data ecosystems. MigratorIQ is based on a solution-specific methodology called MOM (Migration, Optimization and Modernization). The solution addresses the problems of CDAO (Chief Data Officer) offices that must handle migration and modernization along with BI investment optimization. The Migration module aids in retiring legacy systems, the Optimization module emphasizes the right environment size, and the Modernization module focuses on cloud deployment. In addition, MigratorIQ is offered with a suite of tools designed to automate the digital transformation journey more than other choices. With modern platforms, MigratorIQ has achieved 45% quicker TTM, 55% smaller report footprint, and 50% faster report processing time. Post-migration modernization and optimization are accomplished using tools like SnowIQ and Pixel Perfect, which provide observability and report bursting on a data clouds platform like Salesforce or Snowflake. To migrate to the cloud, USEReady uses its proven "Plan Migrate Validate" architecture, and post-migration assistance is provided through a program called Data Cloud Expert (DCExp). The USEReady team will attend the Gartner Data & Analytics Summit in Orlando, FL, from March 20 - 22, 2023, to discuss migration difficulties and learn more about MigratorIQ. About USEReady USEReady is a leading provider of data and analytics solutions. It specializes in helping organizations migrate to modern data ecosystems through its purpose-built solution approach called MOM (Migration, Optimization and Modernization). It gives organizations the strategies, tools, capabilities, and capacity to convert data into a competitive advantage. USEReady collaborates with cloud and data ecosystem titans, including Tableau, Salesforce, Snowflake, and Amazon Web Services, and has been named Tableau partner of the year on many occasions. With years of experience in data migration, the company helps organizations tackle migration with modernization while optimizing their BI investment.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Fivetran Announces Expansion of Automated Data Movement Platform

Fivetran | March 02, 2023

On March 1, 2023, Fivetran, a leading automated data movement solutions provider, launched three new offerings that make it the most comprehensive and complete enterprise-grade platform for automated data movement. The platform helps companies automate the process of maintaining and building data pipelines to centralize data from various sources into one centralized location, eliminating one of the most tedious tasks data engineers face. Fivetran's ELT process is fully automated, with prebuilt pipelines that deploy in minutes and adjust to source APIs and schemas changes. Fivetran has extended its data movement platform with three new products, offering options for secure, real-time, and high-volume database replication for all deployment types: The Fivetran Data Movement Platform provides safe, real-time, high-volume database replication choices for all deployment types. The High-Volume Agent (HVA) Connectors read directly from the source system's logs using log-based change data capture. An agent minimizes replication latency and supports large volumes of data, enabling enterprise users to access up-to-date, accurate, and granular data in near real time. In addition, the HVA connectors provide incremental updates and schema-drift monitoring, making them the optimal solution for high-volume replication use cases. The Private Deployment option allows highly secure enterprises managing healthcare, defense, finance, and other sensitive data the choice to host Fivetran on-premises or in their own virtual private cloud (VPC). Due to security concerns, firms in highly regulated industries or with sensitive data were limited in where and how they could centralize their data. By deploying Fivetran in their own environment, these firms can modernize and simplify their tech stacks while complying with industry, company and regional policies. Modernizing infrastructure in this way lowers the total ownership cost since there are no heavy infrastructure or intensive set-up requirements. Fivetran's AWS GovCloud Support allows government agencies to deploy the platform using AWS GovCloud to meet specific regulatory government requirements for handling data. AWS GovCloud enables government agencies to leverage the economies of the cloud while being compliant with FedRAMP for safe data movement. Furthermore, users can utilize AWS PrivateLink so that data is never exposed to the public internet. About Fivetran Fivetran is a leading automated data movement solutions provider specializing in automating the ELT process by handling the most time-consuming tasks, schema drift, such as extracts and transformations. This allows data engineers to concentrate on higher-impact projects while experiencing total pipeline peace of mind. Thousands of leading firms, including Lionsgate, Autodesk, Morgan Stanley, Conagra Brands, and Ziff Davis, trust its fully managed service to power mission-critical workloads and drive data-informed business decisions. Headquartered in Oakland, California, the company has a global presence, with offices in various parts of the world.

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BIG DATA MANAGEMENT, BUSINESS STRATEGY, DATA SCIENCE

WNS Acquires Two Firms to Enhance Digital Analytics and Procurement Capabilities

WNS | December 19, 2022

WNS Limited, a leading provider of global Business Process Management (BPM) solutions, today announced it has acquired The Smart Cube, a leader in platform-driven research and analytics (R&A) focused on procurement and supply chain, and OptiBuy, a leading European provider of procurement platform consulting and implementation solutions. These assets are complementary to WNS’ existing offerings and strengthen the company’s capabilities in both high-end procurement and advanced analytics. The Smart Cube Founded in 2003 and headquartered in London, UK, The Smart Cube provides digitally-led market intelligence and analytics solutions. The company’s offerings span four key areas including procurement and supply chain, commercial sales and marketing, digital and analytics, and strategy and investment research. The Smart Cube leverages their proprietary digital AI knowledge management platform called “Amplifi Pro” to help clients drive improved procurement and market intelligence and insight-based decision making. They also bring strong front-end advisory capabilities and a large European footprint to the WNS portfolio. The company has over 800 global employees including a seasoned leadership team with CXO-level relationships, and more than 600 talented R&A specialists with approximately 2/3 holding a Master’s degree. The acquisition of The Smart Cube was completed today. Consideration for the transaction is $125.0 million including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on The Smart Cube’s revenue generated in calendar 2022, the acquisition is expected to add approximately $9 million to WNS’ net revenue in fiscal 2023, and to be dilutive by $0.01 to WNS’ fiscal 2023 adjusted diluted earnings per share. "The Smart Cube is proud to become part of WNS, an industry leader in global Business Process Management. Both of our firms share a common philosophy of partnering and growing with clients, and believe our businesses continue to have huge growth opportunities ahead. “Over the last 20 years, we have built a strong business based on delivering value for our clients leveraging our unique AI+HI (artificial intelligence + human intelligence) methodology. We are delighted to now join WNS in the next phase of our growth journey.” Gautam Singh, Founder and CEO of The Smart Cube OptiBuy Founded in 2010 and headquartered in Warsaw, Poland, OptiBuy is a leading European provider of procurement platform consulting and implementation solutions. The company helps clients leverage the capabilities of leading 3rd party procurement and supply chain platforms including Ivalua, Jaggaer, and O9, and complements WNS’ existing offerings with platforms such as Coupa and Ariba. In addition, OptiBuy also provides consulting, optimization, outsourcing, and training services to their clients. Currently focused on the EMEA market, the company has approximately 90 employees including more than 40 senior-level certified platform implementation professionals based in Poland. WNS views expansion of these capabilities into the North American market as a significant opportunity. The acquisition of OptiBuy was completed on December 14, 2022. Consideration for the transaction is €30.0 million including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on OptiBuy’s revenue generated in calendar 2022, the acquisition is expected to add approximately $2 million to WNS’ net revenue* in fiscal 2023, and to be neutral to WNS’ fiscal 2023 adjusted diluted earnings per share. “On behalf of the entire team at OptiBuy, we are excited to become part of WNS and believe that the combination of our two firms will enable the creation of differentiated, end-to-end digital procurement and supply chain solutions for the global marketplace,” said Mateusz Borowiecki, Managing Director of OptiBuy. “We look forward to building on the capabilities we have created over the past 12 years and working with the WNS team as we help clients leverage digital technologies to drive long-term business value.” WNS has funded the up-front payments for these acquisitions with a combination of cash on hand and £83 million of long-term debt. “Both of these companies possess unique, digitally-led/human intelligence capabilities which are complementary to WNS’ existing procurement and analytics offerings, and are also complementary with each other. The Smart Cube and OptiBuy bring experienced leadership teams, highly specialized resources, and differentiated technology offerings to the WNS portfolio. These companies also have blue-chip customer bases with extensive cross-selling opportunities, and proven track records of delivering strong top line growth, healthy margins, and high levels of customer satisfaction. We believe that The Smart Cube and OptiBuy will significantly enhance our WNS-Denali (procurement) and WNS-Triange (analytics) solutions, and help accelerate our positioning and growth in these strategic areas. On behalf of myself and the entire WNS team, we are excited to welcome the talented teams of The Smart Cube and OptiBuy to the WNS family,” said Keshav R. Murugesh, WNS’ Chief Executive Officer. About WNS WNS Limited is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of September 30, 2022, WNS had 57,503 professionals across 60 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA SCIENCE

USEReady Unveils MigratorIQ for Business Intelligence and Cloud Computing

USEReady | March 16, 2023

On March 15, 2023, USEReady, a leading data and analytics solutions provider, launched MigratorIQ, a comprehensive migration solution to automate and streamline organizations' transition to modern BI (Business Intelligence) and cloud computing platforms. MigratorIQ is the culmination of USEReady's years of expertise assisting enterprises with migrating to new data ecosystems. MigratorIQ is based on a solution-specific methodology called MOM (Migration, Optimization and Modernization). The solution addresses the problems of CDAO (Chief Data Officer) offices that must handle migration and modernization along with BI investment optimization. The Migration module aids in retiring legacy systems, the Optimization module emphasizes the right environment size, and the Modernization module focuses on cloud deployment. In addition, MigratorIQ is offered with a suite of tools designed to automate the digital transformation journey more than other choices. With modern platforms, MigratorIQ has achieved 45% quicker TTM, 55% smaller report footprint, and 50% faster report processing time. Post-migration modernization and optimization are accomplished using tools like SnowIQ and Pixel Perfect, which provide observability and report bursting on a data clouds platform like Salesforce or Snowflake. To migrate to the cloud, USEReady uses its proven "Plan Migrate Validate" architecture, and post-migration assistance is provided through a program called Data Cloud Expert (DCExp). The USEReady team will attend the Gartner Data & Analytics Summit in Orlando, FL, from March 20 - 22, 2023, to discuss migration difficulties and learn more about MigratorIQ. About USEReady USEReady is a leading provider of data and analytics solutions. It specializes in helping organizations migrate to modern data ecosystems through its purpose-built solution approach called MOM (Migration, Optimization and Modernization). It gives organizations the strategies, tools, capabilities, and capacity to convert data into a competitive advantage. USEReady collaborates with cloud and data ecosystem titans, including Tableau, Salesforce, Snowflake, and Amazon Web Services, and has been named Tableau partner of the year on many occasions. With years of experience in data migration, the company helps organizations tackle migration with modernization while optimizing their BI investment.

Read More

BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Fivetran Announces Expansion of Automated Data Movement Platform

Fivetran | March 02, 2023

On March 1, 2023, Fivetran, a leading automated data movement solutions provider, launched three new offerings that make it the most comprehensive and complete enterprise-grade platform for automated data movement. The platform helps companies automate the process of maintaining and building data pipelines to centralize data from various sources into one centralized location, eliminating one of the most tedious tasks data engineers face. Fivetran's ELT process is fully automated, with prebuilt pipelines that deploy in minutes and adjust to source APIs and schemas changes. Fivetran has extended its data movement platform with three new products, offering options for secure, real-time, and high-volume database replication for all deployment types: The Fivetran Data Movement Platform provides safe, real-time, high-volume database replication choices for all deployment types. The High-Volume Agent (HVA) Connectors read directly from the source system's logs using log-based change data capture. An agent minimizes replication latency and supports large volumes of data, enabling enterprise users to access up-to-date, accurate, and granular data in near real time. In addition, the HVA connectors provide incremental updates and schema-drift monitoring, making them the optimal solution for high-volume replication use cases. The Private Deployment option allows highly secure enterprises managing healthcare, defense, finance, and other sensitive data the choice to host Fivetran on-premises or in their own virtual private cloud (VPC). Due to security concerns, firms in highly regulated industries or with sensitive data were limited in where and how they could centralize their data. By deploying Fivetran in their own environment, these firms can modernize and simplify their tech stacks while complying with industry, company and regional policies. Modernizing infrastructure in this way lowers the total ownership cost since there are no heavy infrastructure or intensive set-up requirements. Fivetran's AWS GovCloud Support allows government agencies to deploy the platform using AWS GovCloud to meet specific regulatory government requirements for handling data. AWS GovCloud enables government agencies to leverage the economies of the cloud while being compliant with FedRAMP for safe data movement. Furthermore, users can utilize AWS PrivateLink so that data is never exposed to the public internet. About Fivetran Fivetran is a leading automated data movement solutions provider specializing in automating the ELT process by handling the most time-consuming tasks, schema drift, such as extracts and transformations. This allows data engineers to concentrate on higher-impact projects while experiencing total pipeline peace of mind. Thousands of leading firms, including Lionsgate, Autodesk, Morgan Stanley, Conagra Brands, and Ziff Davis, trust its fully managed service to power mission-critical workloads and drive data-informed business decisions. Headquartered in Oakland, California, the company has a global presence, with offices in various parts of the world.

Read More

BIG DATA MANAGEMENT, BUSINESS STRATEGY, DATA SCIENCE

WNS Acquires Two Firms to Enhance Digital Analytics and Procurement Capabilities

WNS | December 19, 2022

WNS Limited, a leading provider of global Business Process Management (BPM) solutions, today announced it has acquired The Smart Cube, a leader in platform-driven research and analytics (R&A) focused on procurement and supply chain, and OptiBuy, a leading European provider of procurement platform consulting and implementation solutions. These assets are complementary to WNS’ existing offerings and strengthen the company’s capabilities in both high-end procurement and advanced analytics. The Smart Cube Founded in 2003 and headquartered in London, UK, The Smart Cube provides digitally-led market intelligence and analytics solutions. The company’s offerings span four key areas including procurement and supply chain, commercial sales and marketing, digital and analytics, and strategy and investment research. The Smart Cube leverages their proprietary digital AI knowledge management platform called “Amplifi Pro” to help clients drive improved procurement and market intelligence and insight-based decision making. They also bring strong front-end advisory capabilities and a large European footprint to the WNS portfolio. The company has over 800 global employees including a seasoned leadership team with CXO-level relationships, and more than 600 talented R&A specialists with approximately 2/3 holding a Master’s degree. The acquisition of The Smart Cube was completed today. Consideration for the transaction is $125.0 million including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on The Smart Cube’s revenue generated in calendar 2022, the acquisition is expected to add approximately $9 million to WNS’ net revenue in fiscal 2023, and to be dilutive by $0.01 to WNS’ fiscal 2023 adjusted diluted earnings per share. "The Smart Cube is proud to become part of WNS, an industry leader in global Business Process Management. Both of our firms share a common philosophy of partnering and growing with clients, and believe our businesses continue to have huge growth opportunities ahead. “Over the last 20 years, we have built a strong business based on delivering value for our clients leveraging our unique AI+HI (artificial intelligence + human intelligence) methodology. We are delighted to now join WNS in the next phase of our growth journey.” Gautam Singh, Founder and CEO of The Smart Cube OptiBuy Founded in 2010 and headquartered in Warsaw, Poland, OptiBuy is a leading European provider of procurement platform consulting and implementation solutions. The company helps clients leverage the capabilities of leading 3rd party procurement and supply chain platforms including Ivalua, Jaggaer, and O9, and complements WNS’ existing offerings with platforms such as Coupa and Ariba. In addition, OptiBuy also provides consulting, optimization, outsourcing, and training services to their clients. Currently focused on the EMEA market, the company has approximately 90 employees including more than 40 senior-level certified platform implementation professionals based in Poland. WNS views expansion of these capabilities into the North American market as a significant opportunity. The acquisition of OptiBuy was completed on December 14, 2022. Consideration for the transaction is €30.0 million including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on OptiBuy’s revenue generated in calendar 2022, the acquisition is expected to add approximately $2 million to WNS’ net revenue* in fiscal 2023, and to be neutral to WNS’ fiscal 2023 adjusted diluted earnings per share. “On behalf of the entire team at OptiBuy, we are excited to become part of WNS and believe that the combination of our two firms will enable the creation of differentiated, end-to-end digital procurement and supply chain solutions for the global marketplace,” said Mateusz Borowiecki, Managing Director of OptiBuy. “We look forward to building on the capabilities we have created over the past 12 years and working with the WNS team as we help clients leverage digital technologies to drive long-term business value.” WNS has funded the up-front payments for these acquisitions with a combination of cash on hand and £83 million of long-term debt. “Both of these companies possess unique, digitally-led/human intelligence capabilities which are complementary to WNS’ existing procurement and analytics offerings, and are also complementary with each other. The Smart Cube and OptiBuy bring experienced leadership teams, highly specialized resources, and differentiated technology offerings to the WNS portfolio. These companies also have blue-chip customer bases with extensive cross-selling opportunities, and proven track records of delivering strong top line growth, healthy margins, and high levels of customer satisfaction. We believe that The Smart Cube and OptiBuy will significantly enhance our WNS-Denali (procurement) and WNS-Triange (analytics) solutions, and help accelerate our positioning and growth in these strategic areas. On behalf of myself and the entire WNS team, we are excited to welcome the talented teams of The Smart Cube and OptiBuy to the WNS family,” said Keshav R. Murugesh, WNS’ Chief Executive Officer. About WNS WNS Limited is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of September 30, 2022, WNS had 57,503 professionals across 60 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States.

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