The next stage in the development of Business
Intelligence (BI) The aim: a precise response
to objectives identified by management.
The 4 modules of the Business Investigation
solution BI++:
| From
Business Intelligence to Business
Investigation |
The progress of information technology
in the last decade and the rise of major
infrastructures open to the community
have redrawn the boundaries of our knowledge
in all business sectors and most activities.
Businesses must not only be able to handle
increasingly complex scientific and technical
knowledge, but must also procure the protection
and search tools that will enable them
to manage their specialist fields of activity
in an appropriate way. Since the leaders
of today’s economy also have less
and less time available, Adonys Group,
pursuing its mission of developing decision
assistance information technology based
on business exploration, has developed
Business Investigation BI++, the essential
instantaneous exploration tool which can
yield a fast and demonstrable return on
investment.
On the assumption that every manager has
clearly defined objectives in view, he
will base his decisions on:
| 1. |
the definition of the objectives |
| 2. |
analysis of the associated risks |
| 3. |
a knowledge of all actors involved |
| 4. |
the specification and monitoring
of relevant performance measuring
indices |
| 5. |
the detection and the earliest
possible rectification of all discrepancies
and non-conformities found in the
data flow |
| 6. |
forecasting to anticipate changes
in all the components of his target. |
The vast amount of data generated by an
organization and the need to react increasingly
swiftly to any kin of change are the main
preoccupations of decision-makers.
Using well-established decision assistance
tools, Business Intelligence (BI) is essentially
used for the purposes of analysis and
strategic oversight. Its application largely
depends on the decision-making solution
adopted, but also on the relevance of
its use. The results measured on the ground
will therefore vary considerably, indicating
the difficulties in the implementation
of comparison indicators.
In fact, Business Intelligence studies
are only concerned with the contents of
data, and not with the more complex and
more relevant variation of the links between
these data. A visual analogy of this would
be a good digital camera which takes snapshots
at different moments: however, it cannot
capture the instants immediately preceding
or following these snapshots.
Business Intelligence is based on the
use of a decision-making information system
supplied with various kinds of data extracted
from production data, information relating
to the business or its setting, and economic
data. Its performance is based on the
data (the snapshots), but it cannot handle
the definition of flows (facts occurring
between the snapshots) or the direct link
between activity objectives and the data
required for its management, unless a
complex modelling phase is carried out.
Business Investigation BI++ provides an
efficient solution to this problem of
“definition”, since it is
based on the exploration of data flows
directly linked to the strategic concept
of the business decided by the management,
as well as its activity objectives. Business
Investigation (BI++) provides a vital
complement to a refined higher-level application
of Business Intelligence, by enhancing
it with a “digital camera”
in the form of a unique statistical signature
between the data.
Only a good statistical signature between
the components of a “Fact”1
makes it possible to provide a dynamic
interactive definition of the data flow.
This signature enables essential performance
indices to be measured in order to link
a relevant result directly with the analysis
of the needs and risks defined by the
activity specialists. BI++ incorporates
data flow definition and monitoring tools,
to extract the relevant correlations between
the different elements of each situation
and to integrate them into precise objectives.
It is important to understand the decisive
advantage provided by data flow definition,
which generates the performance indices
that are essential for the effective and
efficient management of the objective.
|
Business
Investigation BI++ can be
applied to all fields of
activity
|
Finance
/ Banking
Insurance
Trade and Industry
Distribution
Medicinv and Health
Custom and Tax
Government
Communications
Energy
Research & Development |
 |
|
|
|
BI++:
the strategic tool at all
levels of the business |
| Board
of Directors |
| • |
Control
of strategy |
| SeniorManagement
|
| • |
Reactive and proactive
response to objectives |
| • |
Efficient performance
measurement |
| IT |
| • |
Ease of implementation |
| • |
Facilitates relations
with users |
| Management |
| •
|
Participatory management
(common language, etc.) |
| •
|
Continuous enhancement
management |
|
|
|
The principles of Business Investigation
BI++ for use by managers
BI++ is defined as the set of actions
and tools for finding a balance between:
• the requirements and objectives
of a vision of the business, and
• the actual knowledge of the data
flow which characterizes it.
Four fundamental and sequential phases
are integrated into the objective in a
circular way, providing the manager with
essential relevant information for his
business.
The capabilities of Business Investigation
BI++
BI++ makes it possible to use the conventional
analysis tools, enhanced with dynamic
flow indicators, to considerably reduce
risks in decision-making, providing managers
with an indispensable tool for interactive
management.
| - |
The management chart
becomes a monitoring tool for the
performance of the objective, since
this performance is based solely
on useful indicators. |
| - |
All risks relating to the objective
are known and specified. |
| - |
Any change or anomaly in behaviour
in the data flow is flagged up. |
| - |
The elements of the objective
can be simulated and/or optimized. |
| Knowledge
Builder |
 |
Using natural language and following a
continuous formal enhancement procedure,
the manager uses the
BI++ “Knowledge Builder” module
to:
- Define the objectives relating to his
post,
- Analyse the associated risks,
- Determine the monitoring indicators
| QFC
ETL |
 |
On the basis of these essential data and
a syntactic analysis of the definitions
provided by the manager,
the BI++ QFC Knowledge Interpreter module
automatically generates:
- the elements required to link the indicators
to the electronic data flow (ERP, databases),
- management charts and reports
| Tuner |
 |
The BI++ QFC Suite intelligent interactive
engine supplies the necessary elements
for analysis:
- calculation of the performance indices
- detection of anomalies and discrepancies
- establishment of the rules for managing
the activity
- provision of management charts and reports
on indicators
| QFC
Portal |
 |
The QFC Portal is the Internet-based decision-making
interface.
Finally, the Tuner is used to calibrate
and audit the activity flow related to
the objectives.
- Performance indices
- Comparative reports
- Document management
- Objective simulation and optimization
- Non-conformity and satisfaction management
- ISO (Self-evaluation (9004:2000)-14000)
- All the analysis tools required for
the objective
Documentation:
