Information Management Series: The Importance of Business Intelligence (BI) and Performance Management
Join BearingPoint Senior Manager John Gill as he explores Information Management, but more specifically, the importance of BI and Performance Management. Information Management is focused on identifying the best way to get information to the proper channels. In many instances, this involves looking at three keys areas; analytics, sharing and storage. Analytics focuses on deciding who should get what type of information to make better decisions that will impact the company’s performance. Sharing determines how to increase the effectiveness and efficiency of a solution and storage is needed to decide what to do with the information once it’s received. These three areas are the main focus of our IM practice and what constitutes success for our clients. Many businesses are looking for Business Intelligence and Performance Management (BI/PM) which goes beyond traditional management reporting. Our BI/PM solution enables an information-based business strategy and assists with charting a path to financial services success. BI, which encompasses the analysis, presentation and delivery of information to business users, is a significant tool in assisting with the reduction of overall spending and making better business decisions. BearingPoint’s new thinking has focused its attention on providing IM solutions around credit crisis risk, management reporting and a better understanding of data. We are dedicated to providing our clients with information in a faster fashion to enable our clients to have better information management. With our wide selection of offerings, this is an exciting time for IM.