Rather than gathering reporting requirements, we focus on defining users’ decision-making requirements. What are the business processes? What are the decision-making workflows? What are the business drivers? What constitutes a winning outcome? How do we increase the odds of winning, every time?
More than ever, it is essential that teams pull together, share information near real time, and effectively collaborate to make decisions that ensure optimal outcomes. The data now exists to provide unparalleled performance visibility. We can easily answer the question:
But, decision makers require answers to more difficult questions:
“Why?” ”What if?” and ”How best?”
Answering these questions requires accurate forecasts, precision analytics and financial modeling. It means looking up from our “dashboards” and focusing on what lies ahead.
Decision Support provides time-sensitive accurate forecasts, precision analytics and comprehensive financial models to optimize performance outcomes.
Timely Accurate Precise Predictive Intelligence
Those of you that are aware of the evolution of “Business Intelligence”, will recognize “Decision Support” as a throwback. Business Intelligence has proven to be expensive. It is very labor-intensive. While Business Intelligence churns out more reports, users continue to rely on desktop spreadsheets for their time-sensitive decision-making needs. Spreadsheets can no longer keep pace with the volumes of data that are being warehoused.
eiVia’s core technology is as versatile as a desktop spreadsheet. We made a few changes. We moved data storage out of spreadsheet cells and off of the desktops of users. Next we moved formulas out of spreadsheet cells and processing off of desktops. What’s left is a light weight browser accessible app - a grid - that merely looks like the familiar row/column spreadsheet. It is a virtual spreadsheet that is much more powerful. eiVia’s technology is used to develop comprehensive multidimensional and hierarchical forecasts and predictive financial models that are impossible to build in a two-dimensional, flat desktop spreadsheet.
eiVia is as easy to use as…well…a spreadsheet! It has the power of a database and provides the data governance that is essential to support collaborating networks of decision makers.
eiVia is used in industries as diverse as agriculture, heath-care and consumer goods marketing. The common element is they all are seeking ways to optimize performance.
Decision Support for Every Decision
Focusing on decision making requirements
Meeting the Challeneges of Big Data.
Data warehouses are growing exponentially. Analytic methods are becoming more sophisticated. More users need information; but, they have less time for exploring. Desktop spreadsheets have been stretched beyond practical limits. We need better tools to support decision makers/
The new application ecosystem
SaaS – Software as a Service – is fundamentally a licensing model. The key technology drivers are the virtualization of servers and the Internet a.k.a. the “cloud”. The next big thing is the virtualization of desktop applications. The Gartner Group estimates that 54.8 million tablet computers will be sold in 2011. The decade of the 80’s was about PC’s. The 90’s was about the Internet. Mobile phone technology marked the 00’s decade. Tablets will define the next decade. Information collection, sharing and collaboration will create a new class of decision support applications.