At a time of a slow economy, when IT budgets are being slimmed and trimmed, Business Intelligence (BI) remains a top priority with CIOs and IT management.
Most organizations are already working with BI in some manner, but most have a vast number of tools and vendors spread around the various departments of the organization and are in dire need of product consolidation. The demand from small and medium-sized companies is also increasing, as well as supply of premium packaged solutions for this SME (small and medium enterprise) space.
With the advent of online banking and mobile devices, It is now becoming commonplace for companies to invest in IT solutions as an online rented service, or SaaS (Software as a Service). This type of 'cloud computing' offering, while accounting for a smaller marginal piece of the overall pie, will increase in double digits as a result of the the mindset of some companies to reduce some internal IT infrastructure.
Some ERP/CRM vendors are offering built-in BI tools, embedded in the applications themselves. While some ERP vendors (qad, IBS) have relied on solutions like IBM Cognos to provide 'best of breed BI,' vendors like Netsuite (ERP) and Salesforce.com (CRM) has impressive organic embedded BI tools, including dashboards and key performance indicators (KPIs).
In the global market, there has been a flurry of vendor consolidations about two years ago, where the dominators are Oracle, who took over Hyperion in February of 2007; SAP, who swallowed Business Objects in October 2007;and IBM, who acquired Cognos in late November 2007. These companies, in addition to Microsoft, together account for more than two thirds of the total market for BI. Other contendors include Infor Global Solutions and IFS.
Another trend worth noticing is that the the user experience is getting similar among the leaders. However, there is no doubt there are great differences behind the curtains, in terms of the different data warehouse solutions that usually is necessary to stitch the BI solution together. In that mashup segment, Teradata is one of the leaders in the Gartner magic quadrant on a global scale, but IBM Cognos, SAP, Oracle and Microsoft are advancing their positions as a clear result of their respective acquisitions in 2007.
Another strong trend is availability of appliance solutions, where hardware and data warehouse is packaged together in order to optimize performance and simplify configuration and maintenance. In this segment Netezza holds a strong position, challenged by Microsoft's acquisition of Datallegro. Oracle, who recently announced their data warehouse solution bundled with HP hardware, and IBMs bundling of their DB2 and Infosphere technologies.
Gartner predicts that sales of BI platforms will grow an approximated 8% until 2012. According to Dan Sommer, Gartner analyst, BI is a very prioritized agenda item among top level CIOs. However, the main difference from previous years is that large strategic projects are delayed in favor of the small and short term projects. Therefore the BI market will grow impressively, but instead of the strategic company- wide integration of BI, you may see some simple request for more matrix reporting and dashboard representation of key divisional data.
BI is a strategic application area, starting to explode in everyday acceptance.
Learn more how DKM certifiied Netsuite Consultant can help your business. Visit Netsuite Services for more information.
Wednesday, January 13, 2010
Saturday, January 9, 2010
NetSuite Ecommerce gives growing businesses a competitive edge.
Netsuite Consultant provides:
NetSuite's Ecommerce solution lets you leverage the Web to grow your business faster and more cost effectively. It transforms your static website into a dynamic, database-driven ecommerce portal that ties together online customer acquisition efforts with back-office order fulfillment.
What this means is that you can view real-time ecommerce sales and traffic data from your Web site, and customers can be assured that they always viewing accurate inventory. With the ecommerce solution, you'll also strengthen your customer relationships by allowing customers to interact with you through your 24/7 Customer Center. Most importantly, you'll synchronize your ecommerce Web operations with the rest of your business. With streamlined operations, you can eliminate separate islands of sales and inventory data, and reduce the time you spend managing your ecommerce business.
NetSuite's Ecommerce solution lets you leverage the Web to grow your business faster and more cost effectively. It transforms your static website into a dynamic, database-driven ecommerce portal that ties together online customer acquisition efforts with back-office order fulfillment.
What this means is that you can view real-time ecommerce sales and traffic data from your Web site, and customers can be assured that they always viewing accurate inventory. With the ecommerce solution, you'll also strengthen your customer relationships by allowing customers to interact with you through your 24/7 Customer Center. Most importantly, you'll synchronize your ecommerce Web operations with the rest of your business. With streamlined operations, you can eliminate separate islands of sales and inventory data, and reduce the time you spend managing your ecommerce business.
Los Angeles Netsuite Services
DKM, in business since 1990, can help make your company world class, by providing the following Netsuite services:
- Education/Training delivered onsite or remotely
- Expert Project Management using the proven Applied Implementation Metholodology (AIM)
- Netsuite one-one-on consulting to help with best practices in the areas of CRM, ERP and configuration management.
- Advice on sales and marketing best practices, including campaign management and the automation of company-wide sales methology.
- Data conversion from other systems like Peachtree and Quickbooks
- Integration to popular ERP, CRM and PLM solutions including Salesforce.com, SAP, Oracle, JD Edwards, Epicor, CATIA, and Parametric (Windchill)
- Learn how DKM certifiied implementation consultants can help your business today!
NetSuite Consulting
- DKM's Netsuite consulting practice is based on proven applied implementation methodology (AIM) to ensure your project's success.
- Onshore/offshore Netsuite consulting model enables DKM to provide cost-effective Netsuite consulting services worldwide.
- Netsuite consulting offered hourly, daily and on-demand.
- DKM consultants have performed over 150 implementations since 1990.
Wednesday, January 6, 2010
Netsuite Consulting, Services & Reseller
Popular‘shrinkwrap solutions’ Quickbooks and Peachtree have been the launching point for many a business. These products are easy to use, flexible, and with the built-in two dimentional reporting, are outstanding for accounting, and even some advanced application areas like project billing and procurement management.
When is it time to move on, some company owners may ask? While there are probably 50 or so good reasons, but for the purposes of this article, I will highlite a few. If you are running a stand alone Ecommerce solution that does not tie to your accounting system, that may be reason one. If you are running a simple sales force automation system like ACT!, Salesforce.com or Goldmine, and the quoting and customer master records are not tied to your accounting systems items, that may be another. In both these examples, integrated systems allow you standardized pricing by customer, item, promotion, or even dealer (partner).
The biggest justification may come with people running simple production planning and scheduling functions on spreadsheets. By passing around spreadsheets, companies are wasting time, and errors can be easily made. Also, once your production scheduling is complete, there is usually no ‘put back,’ to the accounting system. The justification for a systematic planning and scheduling system tied to your backoffice may be in inventory reduction, improved customer service, or lead-time reduction. If you can add an ‘available to promise,’ to commit an order to a key prospect or customer, you may be able to improve your top line as well.
From an IT infrastructure standpoint, you may start to wonder why the servers in some hidden room in your company are growing. Well with all these disparate systems, it is often time easier to add a server than to try to consolidate applications on one server. This adds complexity and increases your reliance on costly IT personnel.
Netsuite is an online, subscription based solution that combines ERP, CRM, Ecommerce and business intelligence in one simple solution. All you need is a web-browser and a high speed line.
In summary, small companies can benefit from Netsuite by
1)reducing the ‘islands of automation,’ that require rekeying and are condusive to mistakes
2)reduce the dependance on internal systems and IT personnel
3)dive into advanced integration applicaton areas like after market service, planning/scheduling,
Ecommerce and configuration management and comprehensive sales force automation.
When is it time to move on, some company owners may ask? While there are probably 50 or so good reasons, but for the purposes of this article, I will highlite a few. If you are running a stand alone Ecommerce solution that does not tie to your accounting system, that may be reason one. If you are running a simple sales force automation system like ACT!, Salesforce.com or Goldmine, and the quoting and customer master records are not tied to your accounting systems items, that may be another. In both these examples, integrated systems allow you standardized pricing by customer, item, promotion, or even dealer (partner).
The biggest justification may come with people running simple production planning and scheduling functions on spreadsheets. By passing around spreadsheets, companies are wasting time, and errors can be easily made. Also, once your production scheduling is complete, there is usually no ‘put back,’ to the accounting system. The justification for a systematic planning and scheduling system tied to your backoffice may be in inventory reduction, improved customer service, or lead-time reduction. If you can add an ‘available to promise,’ to commit an order to a key prospect or customer, you may be able to improve your top line as well.
From an IT infrastructure standpoint, you may start to wonder why the servers in some hidden room in your company are growing. Well with all these disparate systems, it is often time easier to add a server than to try to consolidate applications on one server. This adds complexity and increases your reliance on costly IT personnel.
Netsuite is an online, subscription based solution that combines ERP, CRM, Ecommerce and business intelligence in one simple solution. All you need is a web-browser and a high speed line.
In summary, small companies can benefit from Netsuite by
1)reducing the ‘islands of automation,’ that require rekeying and are condusive to mistakes
2)reduce the dependance on internal systems and IT personnel
3)dive into advanced integration applicaton areas like after market service, planning/scheduling,
Ecommerce and configuration management and comprehensive sales force automation.
NetSuite Consulting & Services Helps Businesses Grow
Create the Holy Grail of Ecommerce: A Dynamic, Database-driven Web Site.
Automate Business Processes by Tying Together CRM, ERP and Online Operations.
Lower Costs and Improve Customer Satisfaction with 24/7 Self-Service.
Enhance Your Online Presence with Robust Web Tools, such as SEO, Knowledge Base, SEM, 24/7 service and more. Don't spend $50,000 on an Ecommerce site. Call us today: 213-452-8230
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