Our News:
2013 – 105 in the Middle East
105 Solutions successfully advises Dubai based International Holdings Group (IHG) on a multi million pound investment.
The benefits of our due diligence expertise and economic forecasting models were key to IHG securing our services.
2014 – Business Intelligence Seminar: Why invest in Business Intelligence?
There was an excellent turnout at our end of year seminar at Manchester’s Convention Centre. CEOs, Directors and Sales Executives attended in their numbers to learn how our Business Intelligence services have helped improve sales prospects and maintain a competitive advantage.
2014 – Intelligence Profiles’ VAT Due Diligence Checks
2014 saw a record in commodity traders using our Supplier Chain Due Diligence reports service under our Intelligence Profiles division.
This was to comply with further extended verification rules by HMRC in Section 8 of VAT Notice 726.
Industry News:
Companies Failing to Understand Business Intelligence (BI)!
Our research for 2014 shows that the majority of companies are failing to understand exactly what drives their business and financial performance.
This is despite placing great importance on Business Intelligence (BI), according to our Senior Researcher, Jane Weston.
Her research suggests that BI has been around a long time and people do get returns out of it, but it has been technology and infrastructure driven and is not addressing the needs of senior management.
The traditional thinking around BI needs to change as businesses need to gain insight into the vast quantities of information they have. There needs to be more focus to performance management (PM) applications.
BI competency centres where the business and IT people manage a BI and PM strategy together are key to success. A lot of BI is driven by short-term needs of departments, but companies need to look at the objectives of the company and what senior management is trying to achieve and align BI and PM to corporate goals so there are a set of metrics that measure performance at all levels of the business in a consistent framework.
Jane Weston , Senior Researcher105 Solutions