Business Intelligence (BI) for the Mid-Market

Business Intelligence (BI) applications are no longer out of reach for the small- and mid-market.

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Just how much the system will improve JBHanauer’s bottom line and keep it competitive with the multibillion-dollar investment houses remains to be seen. But Barnes notes that in October, when the application was launched, JBHanauer had its best month in 18 years. Was it a result of a good marketing, a hot market or a direct result of the BI application? It’s too soon to be sure, but Barnes does know this: The BI application "did allow us to know this simple fact [immediately]."

Innovation Time

Success generates enthusiasm and, therefore, support for BI throughout the company. Once that happens, it’s time to start thinking out of the box.

At Delta Sonic, Boebel is looking to incorporate outside sources of data into the BI application to help the company manage staffing more efficiently. He hopes to include National Weather Service forecasts as one of the factors store managers use to plan staffing levels. For example, by knowing when and how much snow is forecast, as well as how long temperatures will remain below freezing (which means salt stays on the roads longer and cars remain dirty longer), Boebel can correlate that data with past statistics on car wash sales and snowfall to determine the number of cars that will likely come through Delta Sonic’s car washes, avoiding the prospect of having too many workers or not enough.

Boebel has many other ideas for using BI. The only thing holding him back, he says, is convincing managers to use the application more. "But that will come in time as we show what can be done," Boebel says. "This is just the start."


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Applications MarketSpace
Practical Approaches for Securing Web Applications
Enterprises understand the importance of securing web applications to protect critical corporate and customer data. What many don't understand, is how to implement a robust process for integrating security and risk management throughout the web application software development lifecycle. Learn more »
An Executive's Guide to Web Application Security
Since so many Web sites contain vulnerabilities, hackers can leverage a relatively simple exploit to gain access to a wealth of sensitive information, such as credit card data, social security numbers and health records. It's more important than ever to examine your Web application security, assess your vulnerability and take action to protect your business. Learn more »
Web Application Vulnerabilities
Security managers may work for midsize or large organizations; they may operate from anywhere on the globe. But inevitably, they share a common goal: to better manage the risks associated with their business infrastructure. Increasingly, Web application security plays a significant role in achieving that goal. Learn more »
Using ERP To Gain Competitive Advantage in a Tough Economy
For midsize enterprises, now is the perfect time to invest in a significant IT expansion - despite the economic climate. Learn more »
Why BI is Ripe For Businesses of Any Size
Oracle's range of offerings to mid-size and emerging companies reflects its vision that BI and EPM solutions can be embraced by companies of all sizes. Learn more »
Oracle Accelerate
Ovum has been following Oracle's Accelerate program over the last couple of years because they thought it is a smart strategy for penetrating the upper mid-market. Learn more »
The New Age of ERP
Not only can small and mid-sized companies reap the renowned ERP benefits of greater agility, increased business visibility and measurable ROI. Learn more »
 
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