Organisations answer thousands of questions every day, ranging from how to determine how much to charge a customer for a service or whether to deny or approve an insurance claim. Unfortunately, manually answering these questions can be time consuming and negatively impact business results.
Financial services organisation Pepper Group is deploying what is claimed to be Australia’s first fully-integrated data warehouse-in-a-box, an appliance that doesn’t require IT support.
Business executives have a poor understanding of IT for two main reasons. IT is not incorporated as an intrinsic business function and this is often the result of poor leadership structures. Enterprises have struggled to understand the value of IT-based initiatives because this value can not always be demonstrated through a cash flow type of analysis. They can’t see the actual results and the process improvements that come through this type of process.