As the world economy moves towards a potential global recession companies are asking about how could they could optimized their investments in business intelligence, BPM, data mining, and analytics. The answer is simple: go to a fixed price operational dashboard model that requires vendors and service providers to:
1. Deliver within 90 days a proof of concept (POC) operational decision support system;
2. Operational means that information workers within the company can use the decision support system to meet a company’s financial goals;
3. The POC should be measured in one of three simple key performance indicators: increase revenues, decrease costs, or increase the percentage of profits; and
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4. Total price for POC should not be more than $25,000
In a recession companies must manage with a laser focus their revenues, expenditures, and investments. Strategic dashboards are nice, but operational dashboards reach down into the income producing worker. The goal of achieving a cost efficient and revenue enhancing operational dashboard is within all companies regardless of the technology that they use (i.e., Oracle/Hyperion, IBM/Cognos, Microsoft SQL 2005 and 2008, SAS, or Business Objects/SAP). Even small companies can use Software-as-a-Service analytics like Zementis to build operational dashboards that are cost efficient.
Let an analytics operational dashboard be the compass that guides your company in this stormy economic times. Contact me at atomanalytics@gmail.com If you would like to work with a technology provider who you can trust to work together in providing a fix cost operational dashboard in the marketing, retail, banking, insurance, manufacturing, CRM, or healthcare industries.
