Prospection_Business_Intelligence[1]
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The document describes a business intelligence suite that aims to empower firms to make better data-driven decisions. It discusses tools that address different tiers of business intelligence: dynamic custom reports to understand what happened; a data discovery tool to understand why things happened; a predictive platform to understand what will happen; and prescriptive analytics to understand how to make things happen. It also discusses security controls to determine who can access what data. The overall goal is to leverage historical data and analytics to help customers make more informed business decisions.
Prospection_Business_Intelligence[1]
- 1. Business Intelligence Empowering Viewpoint Firms World Wide to make Better Data Driven Decisions
- 2. Business Intelligence What is the cost of making the wrong decision? If my expected profit margin on all jobs is 5%, and I loose 8% on job A due to a poor decision what is the cost for me to recover on the next job? A. 5% B. 13% C. 18% D. 20%
- 3. Business Intelligence Answer… 18% On the next job I need first cover the lost on job A of 8%, then I need to make up the profit margin on job A of 5%, then on top of that I need to make money on the next job of 5%. On a simple $1,000,000 project if I need to make $180,000 instead of $50,000 to cover the lost from job A. The cost is more if I need to spread the lost over multiple jobs and if I need to consider the cost of time and capital. Cost you afford to make this mistake?
- 4. Business Intelligence Business Intelligence and it Promises The promise of BI is to empower decision makers the ability to make data driven decisions based on historical performance, actionable intelligence, and measureable matrixes. Tiers of business intelligence
- 5. Business Intelligence Suite Our suite of tools address all the tiers of business intelligence What happened? With our Dynamic Custom Reports, we empower you to build the reports you need. Why did it happen? With our Data Discovery Tool, we enable you to do deep dives into their data to answer the why. What will happen? With our Prospection Predictive Platform (P3), we give you the power to leverage your data assets to determine future outcomes. How can we make it happen? With our Prospection Prescriptive Analytics (PPA) you can learn lessons from your data assets to make project altering decisions. At the core is Prospection Security, you can control the groups who can see sensitive company data from salary information to job performance.
- 6. Business Intelligence Dynamic Custom Reports: What happened? Dynamic Custom Reports vs. Static Custom Reports We expose data from Viewpoint into Excel to allow you to build your own custom reports. You don’t need to write queries or know the database structures to do this. In addition you can build models to help you make decisions on outcomes. Executive Dashboards Our executive dashboard are designed for the executive to gather the maximum information on the companies performance in a short period of time. The graphs and reports are easy to consume to show the current state of the company. Monitoring & Key Performance Indicators The integrated information in Prospection and Viewpoint allows you to monitor KPIs. We have continually updating reports to show the best and worst performing jobs, as well as reports to show when costs for a given cost type reaches a threshold to trigger additional research.
- 7. Business Intelligence Data Discovery Tool: Why did this happen? Doing Deep Dives into your data helps answer the why question Our Data Discovery Tool is designed for the power business intelligence team to dig into the data and discover patterns. Are we using the same vendor on more than one job, are those jobs losing money? What is the average amount we should be paying for materials in a given region? Can we source the material from a near by region to save money? If my labor cost type goes up by 1% next year is this inline with the average cost for the past 5 years? These types of questions provide understanding of cause and effect. More importantly it allows you to understand risk.
- 8. Business Intelligence Prospection Predictive Platform (P3): What will happen? Our platform analyses your past job performance to build advance statistical models allowing our customers to do point in time analytics determining if a job will make or lose money, contributing factors and probability these outcomes. We leverage the R statistical modeling language and machine learning to build risk and profit models. These models are based on their specific data and how they operate, which means the models are custom suited for that specific customer. Are models are industry tested. We test for validity using f-test, t-test, and p- values to ensure that the parameters we have included in the models are correctly correlated to the desired outcomes.
- 9. Business Intelligence Prospection Prescriptive Analytics (PPA):How can I make this happen? Prescriptive Analytics – we utilize the Prospection Predictive Platform (P3) to create an prescriptive action plan customized for each customer. This action plan is includes if focus on these cost types our return on investment would be 5% higher. OR if we choose this
- 10. Business Intelligence Prospection Security: Who can see the data Our security model is based on Microsoft Active Directory to allow your internal team to control the groups who can see a set of data. Our level 1 views are highly secured, only exposing data to those who have access to the personal information (such as salary) Our level 2 views are mid-range secure, exposing more data but nothing related to personal information. Our level 3 views are less secure, exposing data that can not identify any personal information.
- 11. Business Intelligence We answer real world business questions through an innovative suite of solutions. Start Making Better Decisions with the Right Solution for your company. Contact Us [email protected] www.prospectionbi.com