More Profitable Decisions
[ Source: QlikView ]
September 2009-
Business Intelligence is not a “one-size-fits-all” category. Different approaches, including reporting, modeling and dashboarding, have been used to address the various challenges that exist across large organizations. Reporting-based technology was originally intended to answer questions that are known in advance — in a predictive fashion — with predefined views of information. But over time, a gap has emerged in addressing questions that are hard to predict and ad hoc in nature. And this is an ....
Increasing Bank Profitability and Managing Risk with Business Intelligence
[ Source: Onward Systems Inc. ]
March 2009-
In the wake of IndyMac and many others, and the failures of both Freddie Mac and Fannie Mae, banks are worrying more and more about tracking their spending and making ends meet, trying to achieve profitable accounts while at the same time turning around riskier customer ventures. The nation’s banks are increasingly facing the credit crunch due to the sub-prime loan debacle. While financial stability and a surplus economy might be a mere vision of ....
Visual Business Intelligence Tools Improve Sales & Profitability of Enterprise Software Applications
[ Source: Panopticon Software ]
May 2008-
Businesses suffer when their people are unable to make effective use of the data in their Process Support systems. This is a common challenge for firms since their existing BI tools are unable to provide executives and line managers with the ability to comprehend the big picture, identify problem areas, and then drill down into the details in a reasonabale amount of time. Corporations have spent enormous amounts of money over ....
The Optimized Insurer: Using Analytics to Optimize Business Performance
[ Source: SAS ]
August 2008-
The fiercely competitive insurance industry faces spiraling operational costs, increasing regulatory pressures and rising claim settlement costs against a background of economic uncertainty. This white paper explores how SAS Analytics can help insurance companies use their data proactively to better understand their businesses, detect areas for improvement and take remedial action, as well as forecast ahead and plan more proactively for the future in order to protect and grow their market share, despite difficult conditions. ....
Successfully Navigate the Consolidation Trend
[ Source: CGI ]
October 2006-
The driving forces behind consolidation are to expand offerings and reduce expenses and to ultimately achieve new levels of earnings growth. To succeed, there are five basic steps companies should follow:
1. Assess
2. Build the vision
3. Plan
4. Execute
5. Review and refine
5 Ways Small Insurance Companies Can Increase Efficiency and Compete Successfully with the Giants
[ Source: Optical Image Technology ]
February 2008-
Since the marketing resources and corresponding name recognition of a large insurer are tough to match, the small insurer has to be ready to act quickly when opportunities present themselves to get ahead. Fortunately for them, small insurers are usually more agile and can change directions swiftly. Since fewer people are involved in making major decisions, they can respond more readily to implementing changes after a course of action has been decided upon. In addition, ....