context
Any business intelligence or performance management solution requires solid performance management foundations, such as data warehouses. These must provide adequate information to:
- analyse the effectiveness and efficiency of the strategy,
- improve a strategy,
- increase business process efficiency,
- predict the future,
- make informed and better decisions.
key considerations
The following ingredients need to be included in the Enterprise Information Management solution to make sure that adequate information is fed into the company's business performance solutions:
- qualitative information: data quality should be considered as a core driver as well as a continuous activity for all EIM initiatives.
- integrated information: to understand the company's performance structure, a single view of the main actors of the company business, like customers or products, is vital. The Enterprise Information Management solutions should therefore integrate data originating from the different operational sources. Master data management plays a central role in providing this unique view.
- timely information: performance management is not solely used to pursue company performance optimization. More operational initiatives such as dashboard and monitoring and alerting require more frequent and near real-time information, other solutions such as data mining and budgeting and planning call for less frequent information. Enterprise Information Management solutions must include all the components that support these varying frequencies.
Keyrus and Enterprise Information Management
Keyrus holds a strong expertise in system integration, design and implementation of performance management foundations, such as data warehouses. Well-structured information architecture must be embedded in all performance management initiatives to give a purpose to data and information.
