Make your voice heard!
Those who participate in the 2014 Wisdom of Crowds Business Intelligence Market Study will get a complimentary copy of the study findings.
Dresner Advisory Services has invited all users of BI to participate in its 5th annual examination of the state of the BI marketplace. The survey focuses on BI usage, deployment trends, and products.
The 2014 survey will build on previous years’ research and will expand to include the areas of BI data governance, action on insight, advanced and predictive analytics, and the role and importance of the Business Intelligence Competency Center. It will also feature new sections targeted to both the Health Care and Higher Education industries.
BI users in all roles and in all industries are invited to contribute their insight, which should take approximately 15 minutes. The final report is scheduled to be out in late Spring, and qualified survey participants will receive a complimentary findings report.
Click here to start the survey!
Hillcrest Foods Increases Efficiency Using InetSoft’s Style Intelligence for Supply Chain Optimization
How many man hours a year could your organization save from adopting robust, agile BI? A food distributor has estimated that it saves 500 hours a year in one usage case alone with InetSoft’s Style Intelligence.
What are the best BI software solutions on the market? To gauge the benefits of BI software use and the challenges BI software users encounter, Software Advice, a business intelligence software research company, recently launched its 2014 BI Software UserView Survey. This survey collects market data on the most popular BI systems. Style Intelligence users are invited to participate in the survey.
It only takes about 5 minutes to complete this survey which asks users:
- BI software application used
- Top BI benefits of using this BI tool
- Top BI challenges BI users encounter
- How BI users plan to invest in BI software in 2014
- How BI users access their tools
We’re looking forward to your feedback on Style Intelligence: What are our top benefits and areas of improvement? Participate in the survey here. After you submit your responses, you’ll see the aggregated results of all participants in real-time.
Visualize Free, our easy-to-use visual analysis tool, has been ranked among the ten best data visualization tools by CreativeBloq. There are hundreds of tools out there to help you display your data in a visually appealing way, and we are honored to rank in the top ten.
Visualize Free makes spotting trends or irregularities in multi-dimensional data nearly effortless with a drag & drop designer. Our visual analysis tool allows you to present data in a way that will quickly draw attention to your most important findings. Not only is our tool easy to use, but output can be done using HTML5, making it extremely convenient for anyone to use.
CNN Money recently reported that popular spreadsheet application, Microsoft Excel, has been involved in, and responsible for, some of the biggest blunders in finance history. Some of the most minute human errors have caused concentrated chaos for several large financial institutions. Below are some of our favorite examples:
Barclays buys Lehman Brothers
When Barclays sent over its offer to buy up Lehman Brothers in the immediate aftermath of the firm's collapse, it did so with an Excel document. The authors of the spreadsheet detailing Lehman's assets and Barclays interests, hid, rather than deleted, approximately 200 cell of rotten deals. However, when the Excel file was converted to a PDF and e-mailed out to the bankruptcy court, the hidden parts of the spreadsheet reappeared. The result: Along with the parts of Lehman Barclays wanted, the British bank was also forced to swallow losses on an additional 179 toxic deals it never intended to buy.
Utah has too many kids
In 2012, an unfavorable error in Utah's office of education underestimated the number of students who would enroll in the state's public schools, leading to a $25 million budget deficit. The state's superintendent eventually blamed the error on a "faulty reference in a spreadsheet," and two of the state's top finance officials were forced to resign.
Fannie Mae under investigation
Back in 2003, Fannie Mae made an error in an Excel spreadsheet when migrating to a new accounting system. The result: a full investigation into Fannie Mae’s accounting practices and an error that made the corporation look $1.3 billion more profitable than it actually was. The company was embarrassingly forced to restate its results and issue a formal apology
InetSoft does it right
With Excel, the right mistake in the wrong cell can be positively devastating to an organization. By using InetSoft’s data mashup instead of spreadsheets like Excel, calculations will be reliably repeated as the underlying data changes. Users get all the power and flexibility, without copy and paste errors or broken references.