Enterprise Newsletter
 
NEWSLETTERS
 

CIO.com updates, insights and advice on technology, management and your career.

 
 
 
LEADERSHIP
 
CIO Executive Programs
The Leader in Face-to-Face Education for Senior Executives

Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »

 
CIO Executive Council
A Peer-Advisory Service and Professional Association for CIOs

Turn Geeks into Leaders

June 17, 11:30 AM - 12:30 PM U.S./ET (GMT-4)

Larry Bonfante, CIO of the U.S. Tennis Association, will discuss the skills and approaches that your rising IT leaders must learn to be effective in an executive capacity.

How to Handle Your New CEO: Managing Turnover at the Top

June 18, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)

Turbulent times have increased turnover at the top. Find out what Council CIOs have done to "break in" new CEOs—build relationships, set expectations, educate on the role of IT.

Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships

July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)

We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.

Executive Competencies Assessment Tool

Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.

More / Register »

Learn more about the CIO Executive Council »



 
 
RESOURCE CENTER
 
 
 
SUBSCRIBE TO CIO
 
Are you involved in setting the direction for your company's IT budget or strategy?

Apply today for a FREE subscription to CIO Magazine!

 
 
 

Business Intelligence and On-Demand: The Perfect Marriage?

Both established vendors and upstarts now offer BI applications as on-demand services. And more customers are saying yes to faster deployment times, less onerous IT demands and speedier access to reporting data.

 

March 27, 2008CIO

Ask Dennis Hernreich, COO and CFO of Casual Male Retail Group, what his life was like before he switched to an on-demand business intelligence reporting application, and he remembers the frustration all too easily.

Casual Male Retail Group, a specialty retailer of big and tall men's apparel with $464 million in annual sales, was using a legacy on-premise reporting application for its catalog operations. (The company also has 520 retail outlets and e-commerce operations.) But the reporting features built into the system were "extremely poor," as Hernreich describes them: "Visibility to the business? Terrible. Real-time information? Doesn't exist. How are we doing with certain styles by size? Don't know."

"It was unacceptable," Hernreich says. And viewing those "canned" BI reports (which lacked features such as exception reporting) could happen only with making a trip to the printer for a stack of printouts. "It was hundreds of pages," he recalls. "That's just not how you operate today."

It's not like Casual Male didn't have all this information; it just didn't have an intuitive and easy way to get at its catalog business's sales and inventory trends in real-time. But that changed in 2004, when Casual Male began using a on-demand BI tool from vendor Oco, which takes all of Casual Male's data, builds and maintains a data warehouse for it offsite, and creates "responsive, real-time reporting dashboards that give us and our business users information at their fingertips," Hernreich says.

Today, Hernreich and Casual Male's merchandise planners and buyers have access to easy-to-consume dashboards chock-full of catalog data: "What styles are selling today. How much inventory are we selling today. Where are we short. Where do we need to order. How are we selling by size. What are we out of stock in," he says. "All of these basic questions, in terms of running the business—that's what we're learning every day from these reports."

And those annoying trips to the printer have ended.

On-Demand Fears Linger

Casual Male Retail Group is part of the small (but growing) percentage of businesses using on-demand or software-as-a-service (SaaS) BI tools, which can be deployed at a much faster pace and with much less initial cost than traditional on-premise software installations.

"To go from nothing to a fully automated system in a matter of weeks is an incredible sell for any company—large or small," says Scott Cohenford, a senior analyst at RapidAdvance, a provider of cash advances to small and midsize businesses, who led his company's efforts to purchase Business Object's OnDemand platform.

Note that Cohenford is not an IT person by title or pedigree (he has an accounting background): ease of use (setup, integration, training) is a major selling point to on-demand BI customers. "I was tasked with reviewing the different options out there, seeing how quickly we could move forward with the solutions and do so at a low cost and automate as much as possible," Cohenford says. "And that's what pushed me into the SaaS world's BI tools."

 
 
Loading...
 
WHITE PAPERS

Investing in Business Analytics Technology

Find the answers to your questions about business anyalytics initiatives.
 

BI Best Practices Exposed

CIOs share best practices for business intelligence technolog.
 

A New Model of Business Intelligence

Organizations have struggled with the complexity and limitations of legacy business intelligence solutions. But new BI applications offer agility, ease of use and scalability. Read this paper to see how.
 

Classic Report Generation & Production is Overlooked

Read this whitepaper to learn the latest best practices & innovations in production reporting.
 

The Reality of Open Source Business Intelligence Options

Lower your business intelligence (BI) operational costs with open source BI. Find the right platform for your organization today.
 

The Power of Pervasive Performance Management Explained

Strengthen your competitive advantage and bolster your bottom line with a successful migration to a pervasive performance management model.
 

WEBCASTS

Webcast with Dan Vesset: Investing in Business Analytics Technology

What exactly is business analytics and why should you care? Dan Vesset of IDC and Gaurav Verma of SAS answer this a...
 

Enterprise Cloud Computing: Ready for Primetime?

The progression toward enterprise cloud computing is happening today, as industry leaders deploy technologies that ...
 

Preparing Your Business Services for the Future

Would you trust your network monitoring tools enough to know when something is truly halting a business service? Wh...
 

Enterprise System Management Challenges in Big Organizations with Eli Almog

In this Podcast with Eli Almog, Corporate Architect in BMC's CTO Office, discusses how IT managers can know when it...
 

A Down-to-Earth look at Cloud Computing

Is cloud computing going to take over the data center as we know it? Join us as we talk about cloud computing with...
 

BSM in the Field, Practical Insights from Peter Armaly

Have you thought about BSM, but haven't quite gotten the buy-in you need? Get down and dirty with BSM installations...
 

Resource Alerts

Get instant email notifications by topic when white papers, webcasts, and case studies are added to our library.

 
FEATURED SPONSORS
 
 
 
SPONSORED LINKS
 

Open Source BI: Inexpensive Solutions for Developers

Seven Ways ITIL Can Help You in an Economic Downturn

Maximizing the Business Value of the PC Infrastructure

Using Open Source to Deploy Web Applications

How Interactive Viewer Reduces the Effort to Meet Visualization Requirements

White Paper: 8 Key Ingredients to Building an Internal Cloud

Software Executives: Take Control of Your Organization's Code Quality

BPM ROI calculator

Oracle's Application Grid Technical Demo

Next-Generation Application Servers and Infrastructure

Application Infrastructure at Enterprise Organizations

Achieving Business Agility with Application Grid

Craft a Strategy to Lower Your Total Cost of Ownership

A Natural User Interface for Enterprise Applications

On-Demand HR for a Global Organization

Four steps to populate your CMDB.

Delivering Secure and Reliable Data through Spreadsheet Automation

Forrester: Implementing Rich Internet Applications

Introducing the new HP ProLiant G6 server family

Accenture: Outsourcing for Competitive Advantage. More...

Better spam protection with Postini for just $1/user/mo

Introducing the new HP ProLiant G6 server family

infoBOOM! - The Mid-Sized Company CIO's Exclusive Community

Accenture IT Consulting: Logical meets technological. More . . .

The Fraudster Economy Model: Operating a Business in the Underground

Gartner Shares Predictions for 2009

Revolutionizing Enterprise Application Deployment

Learn how to managing client systems in the enterprise.

Cloud Computing: Read about VMware's compelling vision & set of products

Top-line Performance that's Bottom-line Efficient

How Open Source is Changing the Face of Enterprise Software

BPM Survey Results: The Real-World Analysis

Ready to Act: 3 Recommendations for Agile Processes

Oracle WebLogic Server Technical Demo

Data Grids and Service-Oriented Architecture

Achieving the Impossible: Unlimited Application Scalability

A Middleware Foundation for Application Grid

Next Generation Enterprise Applications

A Truly Global HCM System

Learn how to provide complete Business Service Management.

Increase ROI of Your Application Portfolio

Financial Institutions Need Rich Internet Applicatons

"Enterprise-Proven" is the Prerequisite for Enterprise SaaS Portal Solutions

Accenture IT Consulting: Enabling high performance. More...

Top Five CIO Challenges

Insight makes it easy to spend your Microsoft subsidy check.

Five minute business analytics assessment. Immediate results.

Dangerous Collaboration Practices: 5 Ways IT Can Minimize Risk

Accenture: Outsourcing for uncertain times. Click to learn more.

The Case for Investing in Business Analytics Technology. Read white paper.