Companies complain that they can’t implement the technology that would enable a single version of truth because they can’t afford it. They believe this technology is too expensive to do them any good.
However, what these businesses neglect to consider is the cost of not putting a single version of the truth in place. Read on to discover the expensive risks you take when you’ve got multiple versions of the truth.
“I just spent the last three days building a report for the boss on the accept / reject rates at each inspection point. I got an order list from sales. I found paper reports on the inspections. I put it all together in a spreadsheet with beautiful colors and formatting. It was a lot of work and I am proud of the report.”
“That sounds great. Why the glum look?”
“The boss wants even more details. In addition, this report needs to be ready at the end of every month. I cannot spend that much time. I need a better way to publish this report.”
Don’t fall behind your competition in the race to insight advantage.
Trust Merit Solutions to help you become a data driven organization.
Data volumes are exploding and becoming your most strategic asset. However, data alone is not enough. Without the resources needed to efficiently capture and organize massive amounts of data, store it indefinitely, and analyze it in real-time – that data is useless. At Merit Solutions, we help you gain the insight you need to improve customer engagement, increase revenue, and lower costs.
Data Platform Modernization
Modernize your BI and analytics tools to more intelligently capture, process, analyze, and act on enterprise wide business data.
Data Lake and Big Data Processing
Securely store all your data centrally in a “no limits” data lake, and run on-demand analytics that instantly scales to your needs.
Data Exploration and Mining
Automate the process of gathering large and often unstructured data sets in order to find characteristics for focused analysis.
Solutions to help you analyze data sets in order to summarize what happened – for example, for sales or financial reports.
Solutions that analyze data sets in order to determine why something happened – for example, why sales dropped or costs rose.
Solutions that intelligently build models from historical or current data in order to forecast / predict future outcomes.
Solutions that examine data sets and attempt to answer the question “What should be done to make (something) happen?”
Connect to hundreds of data sources, simplify data prep, and drive ad hoc analysis. Produce beautiful reports and scale with governance.
Organizations that partner with Merit Solutions Data and Advanced Analytics Services typically see benefits in a number of areas, including:
Unmatched security, performance, and scale in big data infrastructure—at one-tenth the cost of traditional tier 1 solutions.
Speed and Agility
Give everyone the data and insights they need – within minutes instead of days or weeks – rapidly speeding the pace of innovation.
Gain access to an almost infinite set of computing resources around the globe that can handle massive amounts of data in a cost-effective way.
Improve your customer experience by providing real-time inventory or service information – and predict customer needs ahead of time.
Predict the Future
Better capture enterprise wide data and utilize automated apps and algorithms to accurately predict, forecast and change future outcomes.
Free Up Cash
Move your IT expenses from CapEx to OpEx, which frees up capital from infrastructure investments so it can be put to revenue generating uses.
Information drives every decision you make. Here are some of the most common signs that your company needs to invest in better data intelligence and analytics:
Lots of Data – No Information
You have a stockpile of business data – but you’re not pulling any intelligence from it.
Report Preparation is Cumbersome
Pulling reports from multiple systems and spreadsheets takes too much time – and there are too many errors.
Don’t Know Your Customers
You cannot predict what your customers want, how they behave, and how to strengthen ties with them.
Competition is Always a Step Ahead
If it seems like you’re always trying to level the playing field – it’s because your competitors have better data.
With limited access to company-wide intelligence, it is hard to make decisions that support corporate goals and directives.
Bring Your Data to Life
Monitor your business and get answers quickly with rich dashboards available on every device.
Get the answers you need from your numbers.
Get a 360-degree view for business users with their most important metrics in one place, updated in real time, and available on all of their devices. With one click, users can explore the data behind their dashboard using intuitive tools that make finding answers easy. Creating a dashboard is simple thanks to over 50 connections to popular business applications, complete with pre-built dashboards crafted by experts that help you get up and running quickly. And you can access your data and reports from anywhere with mobile device applications.
See how we can help your organization take advantage of its data and let you reduce risks, increase rewards, and unlock insights to drive more informed decisions for every department.
Data Intelligence for Your Whole Organization!
Are you getting the answers you need about financial performance? BI makes it easy by collecting the data from every source, external and on-premises, and giving you drag-and-drop visualization tools to quickly analyze and explore your insights.
Are you overwhelmed by data from all the different tools you use? Make it simple: with BI, you can easily monitor and analyze your marketing campaigns and efficiently allocate your resources to the right channels, all in one place.
Want to forecast sales better, hit that record sales target, and increase profitability per sale? BI brings your company’s sales pipeline under a magnifying glass in seconds with dashboards that include your Microsoft Dynamics 365 or Salesforce data.
Is your organization truly data-driven? With BI you can quickly monitor and engage with your data from all sources, including Excel workbooks, on-premises databases, and cloud services. Find new insights for your production, store performance, claims analysis, and more.
Need to stay up-to-date on the progress of your initiatives? BI tools easily collect and monitor all of your important data. Better protect your colleagues and your organization with insightful dashboards to track compliance, headcount, and more.
Want to improve productivity in a quick and affordable way? Create dashboards in seconds that monitor and analyze everything from Active Directory to Zendesk, and integrate seamlessly with SSAS for when you need enterprise-scale BI solutions.
Get the Answers You Need from Your Numbers!
Deliver stunning interactive reports and intelligence from any app with embedded BI.
Monitor data from across your organization and from all of the apps you rely on.
Easy-to-use tools help you transform, analyze, and visualize data in seconds.
Easily build robust, reusable models to provide consistency across reporting and analysis.
Microsoft named Leader for 9th year.
Read the full details on why Microsoft was named a Leader for the 9th consecutive year in the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms.
These days, there are many companies offering Business Intelligence (BI) solutions. While some companies may be offering a cheaper solution, one must consider the benefits of working with a preferred Independent Software Vendor (ISV) before making a selection on package price alone. Though the ISVs that are closest to an ERP software company may be more expensive, that close relationship can pay dividends.
These days, more and more companies are investing in Business Intelligence (BI) and it is driving today’s business decisions. Mounds of data can be collected across multiple data sources, but it takes BI to make sense of it all and present a unified story of how a business is doing and what it might encounter in the future. BI solutions have matured and many products do a great job of sifting through the data to present insightful analytics and powerful predictive models. So what’s next?
Just the term big data is enough to turn some medium sized businesses away. After all, aren’t business intelligence solutions used to collect and analyze large amounts of data reserved for large organizations? Not really, in fact, any business that has been around for a year or more likely has “a ton of big data” ready to help you make better decisions.
So it isn’t the lack of data that holds many medium sized businesses back. Often times, it is the lack of how big stat can help and how to go about leveraging all of that information.
Business Intelligence includes collecting and organizing data from your ERP system to make insightful business decisions. These days, every ERP solution collects and stores a massive amount of data, but if that data cannot be accessed by people in intelligent ways, then the power of the information is limited. So how do the decision makers get the information they need? Reports generated from the ERP database present information in a manner that makes the most sense to the business user.
When a small manufacturing business first gets started, the employees are usually tight-knit enough to exchange information informally by asking the appropriate knowledge expert. In fact, this type of direct request may be the only method of collecting the information if it is stored differently than your own domain-specific information. For example, accounts receivable may keep information in a set of Excel files, while Sales keeps theirs in a proprietary software program. As an organization grows, the need to be able to view data throughout the business in real-time becomes crucial.
In todays technology obsessed world, even the delivery of healthcare is dependent on software driven devices. Some are standalone, others are networked together. With the ever growing web of connectivity and the movement towards personal medical care, security issues predictably arise. Hacking has become so common place, we are no longer surprised when it happens. Losing your credit card information is bad enough but what if a wearable device was compromised by an anonymous cyber criminal? Remember, the motivation for someone to control another individuals pacemaker or insulin pump is irrelevant, the point is that if something can be hacked, someone will find away to do it. Hackers may use these devices as another means to troll for personal information.