If your small to medium enterprise (SME) in Australia is in need of a software application that focuses on planning and analysis of data, then an IBM planning analytics solution is perfect for you.
Working as an extension from the brand’s previous technology via Watson Analytics and Cognos, this high speed platform builds on the assets provided by TM1 to craft a user model that is flexible, up to date and efficient with every function.
It is hard enough for humble operations domestically to fight against big business and to carve out their own niche in a cut-throat environment.
From Sydney to Brisbane, Melbourne to Adelaide and Perth – the capacity of a business to plan from empirical and qualitative data can be the foundation and cornerstone of future progress.
In that spirit, we will take a closer examination as to the benefits of opting into IBM planning analytics from that perspective.
Testing Potential Scenarios
IBM planning analytics has the ability to provide its users with a tool known as what-if analysis where developers, analysts and reporters alike can forecast their data and examine what could potentially lie on the horizon. From marketing choices to opting for a different provider or bringing aboard a new partner, this application runs out in real time what could possibly occur with the impact of the financial implications from anyone of the scenarios you present the technology.
That might not give a guarantee for a particular outcome, but run enough times and through enough scenarios and a likely picture can be issued. That is something that empowers owners and analysts to make the right decisions and think over their choices carefully.
Extension of Excel’s Platform
Common users of Microsoft Excel will not have to bridge their skills and experience too far to adapt to the world of IBM planning analytics. Many of the functions remain consistent across both platforms as your ability to cater and organise a spreadsheet with the necessary filters will be equally applicable across to this brand. The graphics and means of reporting on data are not too dissimilar either and those who are well versed in Microsoft Excel won’t take long at all educating themselves on the processes of this technology.
Visual Dashboard Integration
There is a litany of other cool features and programs that function beneath the IBM planning analytics apparatus but the integration of the visual dashboard is something that really stands out from the crowd. From a drag and drop tool that lets you transition and integrate data packs from one source to the next to colour-coding various files and filters, the simplicity and joy of managing your business affairs through IBM planning analytics is just a matter of a few clicks. It can also be catered to your design preferences as your prioritise what is important to your daily routine.
Universal Cloud Access
The entire concept of IBM planning analytics is to build a platform that will be cloud-based and accessible from the latest in commercial technologies. Whether you are catering reports from a remote location to traveling on the road as you gauge the latest financial data of the company from your smartphone, this cloud functionality is an asset that is not universal across all providers right now.
This cuts down the need for an enterprise to invest in a significant hardware operation that works to hold, maintain and protect the integrity of data. Here, the formatting is widely accessible so long as the user has permission and a capacity to be online at the time.
Any SME that wants to go to the next level when managing their data should embrace IBM planning analytics. Not only does it give you an accurate and up-to-the-minute read on your financial standing and progress, but it can forecast into the future and gauge the merits of potential scenarios where important decisions are made down the track. That is an asset that is worth the investment in the IBM planning analytics program.