Welcome to the Summer 2010 edition of "BI Insight" - our newsletter focused on the thoughts, events and products shaping our industry.
Applying strategic profit analysis concepts to business decisions, help companies identify, analyze, and use strategically important resources for continuing success and growth of the business.
Businesses are always looking for ways to improve and sustain profitability. Ability to do this is even more critical in today’s environment of declining revenues and slowing sales growth. Profit Analytics is a great fit for businesses as it helps them realize profit opportunities in their existing business and make profitable decisions about cost reduction and business expansion initiatives. To have a strong and successful business, you need to have a clear understanding of the financial impact of your business decisions.
In this edition of BI Insight, we explore how profit analytics enables companies to align and drive their strategies, tactics and operations based upon true profitability bringing a paradigm shift in Enterprise Information Management.
This month's highlights:
- Systech’s project success in Increasing Operational Efficiency using Profit Analysis
- An article called Science of Profitability that explores innovative business intelligence solutions to significantly enhance business performance.
- And, of course, my compilations of news and the best of recent BI publications
We hope that you find the newsletter to be a valuable resource and we encourage you to share it with your peers.
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