Business Analytics Strategy

element61 can assist in making a SWOT analysis of an existing or past BI & CPM initiative by conducting an audit.

Although software vendors would like you to believe otherwise, Performance Management is about more than just technology and certainly more than just buying software.

element61 has specific Consolidation & Financial Reporting expertise to complement your team !

"Nowadays, anyone can get a hold of data, put it in a business intelligence (BI) tool and create a graph" Technological advances and ever-growing amounts of data resulted in Data Visualization becoming increasingly essential for businesses. If used well, they allow you to communicate on complex data clearly and efficiently. However, poor choices in Data Visualization lead to hard-to-read graphs or incorrect conclusions.

element61 has extensive experience in Business Intelligence Competence Center (BICC) setup and process definition.

element61 hosts trainings for your teams in Business Analytics

IBM Watson is a family of applications which try to bring cognitive services in packages solutions. It includes sophisticated data discovery tools, predictive analytics tools and text-mining tools but also industry-specific solutions such as IBM Watson Health. It's main components are:

Analytics Portfolio Management & Project Management

element61 helps in automating Key Performance Indicators (KPIs) and scorecarding processes to support Strategy execution.

The real promise of Performance Management can only be delivered when it is part of a well-automated architecture. Those who claim that automation is not needed and that e.g. Balanced Scorecards can exist just fine in MS Excel without the possibility to drill-down to the lower-level data are just wrong.