THE MOST SECURE, CENTRALIZED & STATE OF THE ART BUSINESS INTELLIGENCE

Transcription

1 THE MOST SECURE, CENTRALIZED & STATE OF THE ART BUSINESS INTELLIGENCE

2 Index Introduction: The Death of Federated BI Centralized vs Federated BI Centralized BI Necto State of the Art Main Features Architecture User Experience Mini Use Cases Per Industry A Global Reach Our Support Team More: History of Panorama

3 Introduction The Death of Federated BI There is a clear trend happening: The death of federated BI. This model of Business Intelligence is failing because allowing individual departments to have their own IT systems and services is creating silos and is not helping organizations meet their goals and objectives.

4 Centralized BI is going to replace federated BI because when done correctly, it can simplify administrative tasks, improve data security, make data management and sharing a lot easier, and save the company a lot of money. There is a growing sense of urgency to abandon federated BI and deploy centralized BI.

5 Centralized vs Federated BI Centralized is about governability. It provides a solution that is just one environment, both power users and business users can log in to the same environment. Line managers keep the decision rights over what services should be delivered, but IT has the authority over how the services are delivered. This aligns the organization. Enterprises need to adopt centralized BI, but they also need state of the art BI. This means getting the most advanced technology possible. Nowadays we see this in automation of dashboards, automatic insights and exceptions, plus the ability of the users to define their own thresholds, data anomalies, etc. Businesses need solutions that will notify them while monitoring KPIs and distribute reports automatically. Necto is the most secure, centralized, and state of the art business intelligence solution in the market. It uncovers the hidden insights in your data, presents them in beautiful dashboards powered with KPI alerts, and is centrally managed.

6 When comparing centralized and federated BI there are key points that come to light. First, centralized BI is about connection, all users work connected. In federated BI, users work in silos. This means that the findings or insights they get stay in their desktop, instead of sharing the knowledge. A centralized environment strives to achieve a single version of the truth. This is impossible in a federated environment; there are thousands of excels that are going across tables and being edited in different desktops, then they get shared and edited again. It is really complicated to merge this data. There is no point of comparison in the ability to maintain and scale the system with a specialized IT/BI team. In federated BI there are too many desktops, too many different solutions, tech savvy businesses that don t know how to scale BI to the whole enterprise. With centralized BI, organizations can keep costs down, because they are not overlapping staff, servers, licenses, and other things that are not necessary. Centralized BI pushes high usage because it is catered. And it keeps the security on the domain of the experts of IT in a central and smart analytic platform. In terms of deployment, centralized BI is easier and simple. It allows users to draw a web deployment, there is no scripting or installation on desktops, and it remains open to new users all the time because it can be scaled easily.

7 It is necessary to delve into the benefits of centralization to truly understand why federated BI is no longer an option. Centralized BI One Version of the Truth: One version of the truth is about the organization being aligned. The knowledge should not stay in just one department or get lost in excels across the organization. It should aggregate multiple areas to enable the company to get ahead of trends. The organization as a whole gets smarter as people work together. Centralized BI ensures one version of the truth: with accurate data in the right context. It is also easier to connect people in a centralized BI solution, rather than having disconnected desktops around the organization.

8 One Version of the Truth When users work in separate desktops and separate departments, they export data to their desktop and work on it. Then it becomes impossible to know who is working on the most updated version and not every user sees the same data. If everyone creates new versions of the same file, it becomes Excel Hell as some call it. In other words, it is data chaos and there are many versions of the truth. Once organizations reach this point it is impossible to merge the data and achieve one version of the truth. Centralized BI allows users to work in one unified web solution. Everyone sees the same data. This does not mean that everyone is allowed to see everything. There are data restrictions and permissions set up by IT. This is where governability is key. IT will set up permissions as to who can see what data and who can edit the data. But the centralized platform ensures that there is only one updated version of the truth.

9 Security Like mentioned previously, in order to maintain data accuracy, it is critical for enterprises to be able to determine who has access to which data and define private folders or public dashboards. To maintain security, it is important that IT should govern the tool in order to standardize it. When the same tool is used across the organization, different departments can allocate resources to help another department in need. It incentives people to use the solution and they know that they will be able to use it also in other departments in the organization. When it comes to security, centralized BI is the better option. Federated BI has low security and a lot of pointing fingers. If there is a data leak everybody blames IT. But then IT claims they did not know there were desktops in certain departments using data.

10 The fears from federated: People have many fears when it comes to data security. They are afraid of data breaches and of losing their jobs. In a federated environment, these fears can easily become a reality. When users work in individual desktops, no one can control what they do with the data. And because of all the finger pointing, no one even wants to be in control. If a team claims to be responsible over data security in a federated environment, they are being set up to fail. They cannot control anything and will not be able to keep the data or their jobs safe.

11 This is why centralization is so important. The system must be managed by IT. It allows the organization to maintain control. It becomes clear to everyone that there is a responsible entity overlooking data security. No more pointing fingers and no more fears. IT can take responsibility over data security with confidence, knowing that a centralized system allows them to define clear permissions and to oversee the security of data on the organization s servers, computers, and networks. It will not allow data leaks. Clear data permissions are defined, and information can only be seen and shared with the people that are allowed to do so. Business users will enjoy the self-service benefits of analyzing data themselves, while relying on the IT experts to govern over data restrictions and keep a secure environment.

12 The Roles of IT and Business In a centralized system, business users and IT need to work as a team. The general rule in organizations regarding decision rights should be that business managers should have authority over what services are delivered. i.e. Need beautiful dashboards for the executives and need KPI alerts for sales people. And IT should have authority over how the services are delivered. i.e. Whether the system should be federated or centralized or whether to have the system on premise or on Azure. Actually, centralized BI makes everyone s lives easier. Business gets to take care of business, not wasting time on technical skills that are not in their area of expertise. And IT stops wasting time creating time consuming reports, and focuses on the correct implementation of services, the development of policies to make sure that things run smoothly as the organization adopts more and more technology. If they were driving a car, business would be behind the wheel and IT would be the copilot holding the GPS. Without a GPS, the driver would get completely lost and would waste a lot of time. Without a driver, even the most accurate GPS does not get you there. Both are crucial and both are doing what they are best at.

13 Economies of Scale With Centralized BI there is no need to maintain hundreds of systems, instead, the organization can allocate resources for only one environment. If the environment is a web solution, then it has great scalability and can be easily deployed and expanded as more departments want to use BI. As more departments start using the solution, IT does not have to do complicated desktop installations that can be time and resource consuming. With centralization you can move resources from one department to the other to help when needed.

14 Necto Panorama is a trusted visionary and thought leader in the Business Intelligence market. Panorama s flagship product Necto is a centralized and state of the art BI solution. As a leader in BI and smart data discovery, it allows you to mashup all your data and use advanced analytics to make sense of it. It leverages a suggestive discovery engine under the covers to simplify the business user s data preparation while automating pattern exploration and analysis, powered by a powerful advanced visualization and collaborative platform that is unified and governed. Our users love Necto s automated functionalities, its simple and fast development, and easy sharing of BI content.

15 Necto allows users to discover insights from their data with the use of advanced analytics. Thanks to the current data explosion, organizations own enormous amounts of data. Necto helps them make sense of their data. They can mashup all their data coming from multiple data sources. Then their data is presented in dashboards that are easy to use and understand by every user in the organization. Business users can monitor KPIs and keep track of their business s health. Business Intelligence is a must to any organization that wants to gain a competitive advantage by analyzing and understanding their data.

16 State of the Art Necto is the most secure, centralized, and state of the art BI solution. It provides users with a lot more than regular Business Intelligence. Necto s state of the art technology and features make its value proposition unique in the market.

17 When it comes to analytics, Necto has a powerful suggestive discovery engine. Using Necto, organizations can mashup all their data. They can analyze data from multiple data sources in one unified platform. The discovery engine and patented algorithms behind Necto allow users to find hidden insights in their data. Users can define their own thresholds for exceptions or Necto can provide them with automated insights with just one click.

18 On top of that, Necto has powerful geoanalytics capabilities. Users can view their data reflected on the map in order to analyze it per region. And when it comes to geo-analysis, Necto is the only tool in the market that allows users to see exceptions on the map.

19 In order to know what is going on at all times, users can set up automatic KPI alerts to notify them when anomalies occur. Necto s suggestive engine is capable of learning what information users tend to look at, what KPIs they follow closely, and what type of data interests them. It then suggests users to look at other dashboards that might interest them.

20 Necto is also a collaborative BI platform. It can automatically suggest who are the right people to work with. When users find an issue in the business, they can easily find who are the relevant people to this issue and start a discussion with them. They can create ad-hoc problem solving teams, discuss and share within the platform. Users can send each other messages, add other users to their alerts and notifications, and enrich and annotate the data. The centrally administered system enables knowledge sharing across departments while keeping one version of the truth.

21 Panorama s customers love the fact that Necto is tailored to each enterprise s needs. Necto offers them beautiful dashboards with limitless data visualizations. Users can visualize their data with customizable infographics. These are easy to understand and boost engagement. The use of infographics allows users to view data in their own context, making it more digestible and valuable. It is incredibly easy to develop a new dashboard, to reuse and edit a previously existing one, and to distribute them across the organization. And users do not need any programming skills to create a dashboard. Necto provides a full software development kit and Javascript Hooks for more advanced users.

22 Main Features User Experience New Ribbon the full strengths of Necto are now fully discoverable. Enhanced end user experience (and discoverability) without compromising on the power tools. Ease product discovery - expose the capabilities of the product to the users, and use industry standard methods of functional delivery. Dashboard creation just got faster! Reduced # of click for common tasks. For example: - Analytical clicks down from 10 to Formatting options down from 20 to 5 New Navigation Bar - Simplify slicing - Clean the dashboard area of many selection buttons - Smart Ribbon Performance enhancements - Significant improvements in client load and server responsiveness to requests.

23 Main Features Find exceptions across a wide data set Find anomalies in the data Can also be triggered by thresholds and limits define by the business Automatically sends notifications and alerts Insights Exception Based

24 Main Features Insights Revelations Leverage dozens of automated algorithms, that Necto will push automatically Find Hidden Insights across your entire data set (or a defined scope of it) Find insights from the dark areas of your data where nobody looks - hidden insight Refine the algorithm and the scope to improve the results and find explanations i.e. you will be able to compare how a product is affecting a product family performance in a click, automatically. Necto will tell you where were you and where should you be. - Check trends - Act on difference between periods - Solve the most urgent matters

25 Main Features Insights Hand Picked When to use Collect and follow the insights you need Just pick what you want and follow it no dashboard design needed! The use case is to continuously add KPIs to the once you are following. i.e. you found an insight on a specific product that is pulling down a product family, and you want to track this as a KPI, in order to improve it and change its trend.

26 Main Features Action and more per graphic List Micro charts Auto last X date (last month, etc.) Users can visualize their data in a clear and graphical manner. Infographics are easier to understand and remember as they present data in the user s context. Infographics

27 Main Features Alerts & Notifications Necto has a self service alerting system, which will notify you and your team on any changes or exceptions in the data. Necto will also deliver full dashboards, live, in Excel or PDF to the recipients mailbox i.e. a product has a behavioral anomaly and Necto has alerted you or your team instantly to act on it i.e. distribute new dashboards and insights automatically without having to open your outlook

28 Main Features Geo-analytics Necto partnered with ESRI to deliver the best of analysis, on maps. Available as a web service, or as an integration to an existing ESRI implementation The only geo-analytics with exceptions & anomalies on maps

29 Main Features Centralized Self-Service Easy creation of dashboard Simple personalization from existing material Straight Forward sharing Leverage Necto Modeling Smart Ribbon follows the actions of the users All in a centralized platform governed by IT to protect the data

30 Architecture Necto s architecture makes it the most secure and centralized BI solution. It is a fully web based and unified solution. This means enterprises can enjoy the benefits of using Necto across different departments. And thanks to the fact that it is centralized and web based, it is easily scalable to other departments and a growing number of users. Necto s powerful engine can analyze multiple data sources in a secure and centrally administered system. It is simple and fast to deploy, as it does not require complicated coding or time consuming installations from IT. With Necto, IT can govern over the system, defining clear data permissions and restrictions to maintain data security across the whole organization.

31 User Experience Persona: Viewer In Necto the viewer becomes smarter, as the solution provides him/her with the ability to discuss, collaborate, and analyze things further than any other solution. The viewer has the ability to get alerts & notifications, drill down and analyze data, but won t be able to save data.

32 User Experience User Experience Persona: Viewer Persona: Power User In Necto the viewer becomes smarter, as the solution provides him/her with the ability to discuss, collaborate, and analyze things further In Necto the power user is really powerful. In addition to all the than any other solution. The viewer has the ability commoditized layers like dashboards, KPIs, data mashups and to get alerts & notifications, drill down and analytics, Necto provides a layer of advanced analytics with the most analyze data, but won t be able to save data. comprehensive analytical toolkit and a unique functionality with the ability to find insights automatically. It also provides a layer of distribution of dashboards that allows the power users to distribute data with no security breaches, thus not exposing their jobs.

33 User Experience Persona: Administrator The power of the admin, is that everything is in a unified web solution that is easy to maintain. It is easy to update roles and keep security under control.

34 A Leading Telco Company in USA The Challenge Cumbersome The current reporting system was heavy and required lots of manual work to manipulate the data and send it to the relevant users. No personalization The reports were not personalized per users tasks and needs. Not proactive the business users could not act on the right data, at the right time. No analytical capabilities users who wanted to discover root-cause, could not do it because of weak functionality. No shared knowledge each user was reviewing reports in silos and there was no ability to share knowledge and best practices. No collaboration Collaboration was broken and there was no one version of the truth when discussing the findings as they didn t have a centralized data analytics hub. The Resolution Easy Necto was deployed in a week, providing a quick development environment for centralized self-service analysis. Personalized- by using Necto s recommendation and personalization capabilities, each user gets the right insight at the right time. Proactive users set up automated alerts to notify them when there are anomalies in the data. Smart Data Discovery users can now analyze and find reasoning in a matter of a few easy clicks in the system. Collaborative users can share knowledge in context and enrich and annotate the data. Dashboards & Visualization users can now visualize their data in beautiful dashboards, which helps them understand their business better. One version of the truth was achieved!

35 State Government Funding for Seniors Meal Program The Challenge Senior citizens were hungry and unhealthy. To persuade legislators to vote for meal program, they needed persuasive correlations between meals funded by federal funds and improved health for seniors. Data was hard to access and it would take too much time to analyze it with current tools. The Resolution Analyzed massive amounts of data from ORS (Office of Research and Statistics). Using Necto as the front end to a Microsoft SQL Server database, ORS was able to establish the correlation between meals and improved health in seniors. State Legislature appropriated $2.9 million in state funds for the senior meal program.

36 Central Bank The Challenge Achieve the construction of a new system for online dissemination of statistics. Able to serve the most expert statisticians. Easy enough to be used by occasional users. Improve the way it processed data for its internal and external users. Maintain data security across the organization. The Resolution Panorama Necto gave birth to the most user friendly public statistics delivery system of any Central Bank in Europe. Necto-based solution singled the Central Bank out as an organization that provides excellent service to both individuals and organizations. Greater Efficiency. More power for power users. One single unified solution that provided holistic security and governance.

37 Manufacturing Second Largest Brewery in Europe The Challenge The brewery was on the rise. Data warehousing challenges after merging with three other breweries. Obstacles in conducting successful data reports to monitor performance. 10,000 users. Database of over 200 terabytes of corporate data. The Resolution Ease of use and interactive interface for the business users, while IT governed over data permissions. Gain a foothold on its diverse data warehousing needs. Reporting time takes minutes instead of days. Consistent view on data throughout the organization (one version of the truth).

38 Retail Major Shopping Mall in Hong Kong The Challenge A major shopping mall in Hong Kong, extending footprint to China HK: +50,000 members and growing 30+ Campaigns per month, including Upsell, Cross-sell, Festival and Mall News Traditional CRM process (Analysis by Excel; IT generates reports) The Solution Data-driven approach in automated marketing campaigns Provided data analytics for member understanding Advised campaign setting Evaluate campaign results and suggest further improvement Centralized self-service reporting, saving time on report generation Campaign customization and automation Efficient data-driven location planning of shops and cross-segment promotion Finding of hidden insights like shopper preferences by segment. Using insights, they created effective memberships to attract new members and maintain current members. Number of members increased 2.3% in the first month and 33.5% within the first year.

39 Insurance Leading Insurance Provider in The Netherlands The Challenge Multiple reports floating around. Users working in silos were creating many versions of the truth. Various departments needed to know what is in their workflow. Because of market change, the company shifted resources to indirect sales. The insurance organization generated reports about customers, outstanding claims, exceptional circumstances, and more. This needed to be analyzed and maintain one version of the truth and data privacy and security. The Solution Using Necto, data is presented in real time and in beautiful dashboards. Data was now easy to understand, in insightful formats with infographics. Using Necto s Insights, they could quickly pinpoint trends and challenges from within huge volumes of data. Necto reduced the workload of IT and users, speeding up the decision making process. Collaborative- instead of leaving the system to communicate, users could collaborate with other experts in Necto. Users were now connected, not in silos. Notifications to alert if there are changes in the data. Finally achieved one version of the truth.

40 Healthcare Government Health Department The Challenge Patient and operational process data generated from treating over 30,000 patients every day. This data needed to be secure. More than 20 million rows of data every two weeks that covers only human resources. Management needed to meet the needs of 70,000 staff members 5,000 of which were BI users. Needed to gain insights from data to improve functional areas, both operational and in patient care. Find new levels of efficiency. Needed to gain insights to re-allocate resources if necessary or shift light on operational or patient flow problems. Managers needed to work collaboratively across locations to compare results. They could not do it with their current federated BI solution. Enable different users to work with the same data set at different entry levels while keeping one version of the truth. The Solution Necto could analyze data from multiple data sources. Centralized and web based Necto provided instant scalability to growing amount of users. Centralization allowed different entry level for different users to allow users with different needs to access relevant and up-to-date information. Necto could find hidden insights in the data to proactively identify challenges and trends. Easy to use platform across multiple departments, connecting users and allowing collaboration. IT governed over data permissions, so all users could access relevant data while keeping data security and accuracy. Comparative tracking of KPIs across different hospitals and locations to improve efficiency.

41 A Global Reach Panorama s global reach allows it to provide hundreds of customers across the world with the most secure, centralized and state of the art BI solution. Customers in many different industries are making sense of their data and enjoying the benefits of centralized BI. More than 310,000 people are using Necto every day; we hope you can join us!

42 Panorama understands that a good support team is key to a successful BI implementation. Our support team is made by experts that give their best to make sure that you get the best experience out of Necto. When you start deploying Necto, our team will teach you exactly how to use Necto and get the best out of its powerful capabilities to achieve your project s objectives. Your success is our success. Our Support Team

43 More: History of Panorama Panorama is a trusted visionary and thought leader in the Business Intelligence software space. It was founded in By 1996, Panorama had become the leading developer and marketer of software products for OLAP and BI in the Israeli market, gaining over 75% market share in just over two years. In October 1996, the company s OLAP software technology was acquired by Microsoft Corporation and formed the basis for Microsoft s database technology known as OLAP Services and renamed Analysis Services Since then, the company continued its passion for creating the right tools for delivering analytical, data-driven decisions to push your business s strategies to achieve their maximum value in the market. Panorama is always driving innovation in the market and producing state of the art solutions like Necto.

44 Why Necto? A good BI solution must provide an easy deployment, beautiful dashboards, top of the line analytics, automatic insights and KPI alerts; all in a centrally managed system. Users need to connect multiple data sources, consolidate and mashup all the data. They need to scale and deploy in a secure manner, in a centrally administered environment that does not require scripting. Users need to be able to automatically receive KPI alerts and notifications all the time to be aware of what is happening in the business. Necto offers all that, enhanced in a platform that allows you to collaborate, share, and discuss your findings. It uncovers the hidden insights in your data and presents them in beautiful dashboards with infographics that users can understand better. It is an on premise solution with a web deployment, that is centrally managed and secured.

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