Business Intelligence & Decision Support

Business intelligence and decision support (BI/DS) encompass technologies, applications and practices for the collection, integration, analysis, and presentation of business information. The purpose of business intelligence is to enable better business decisions and to provide historical, current, and predictive views of business operations.

Such a simple description of BI/DS fails to explain why there are so many BI/DS tools available in the market (i.e. production reporting, dashboard applications, OLAP tools, predictive analysis software, etc.), yet very few organizations have managed to accomplish full-scale adoption, turning many BI/DS implementation projects into spectacular failures. For many organizations, BI/DS is synonymous with massive and expensive data warehouse systems, hard to maintain extract-transform-load (ETL) rules, complex and sluggish user interfaces, and vendor-dependent solutions. If this is true for your organization, let LABVANTAGE introduce you to the new paradigm of rapid-fire and self-service business intelligence.

Your Data Made Visible Through Business Intelligence & Decision Support

By adopting new generation BI/DS tools, LABVANTAGE brings business intelligence to the people that generate results, analyze data and make decisions. No longer does asking new questions of your data require the time, effort, and expense of trained developers and IT professionals. Now, business users at all levels and without technical knowledge can focus on formulating questions and letting the data answer them in real time, in order to create innovative key performance indicators (KPIs), trending and predictive analysis.

Usability and performance issues figure among the biggest challenges with regard to business intelligence, and spreadsheets are still one of the most commonly used tools supporting business decisions (source: "Put Enterprise Data to Work," The Economist Intelligence Unit Survey, November 2007). LABVANTAGE is committed to delivering BI/DS solutions that run on nimble interfaces, bring the data to the foreground and provide benefits such as

• Instant access to multiple data sources and formats
• Intuitive and intelligent presentation of information
• Global access to business knowledge at any level of detail and across time & geography
• Export analyses into a variety of formats
• Quickly process large volumes of data

DecisionScapes: Vertical BI & Decision Support Solutions that Make Sense

Adopting rapid-fire BI and leveraging our data integration know-how, LABVANTAGE delivers BI/DS vertical solutions called DecisionScapes. DecisionScapes are built upon the following components:

• An ETL layer that collects data from systems (i.e. LIMS, ERP, MRP, etc.) and rationalizes them through market-specific data definition language
• A data model that abstracts the underlying data structures and optimizes the information for consumption within your industry
• A presentation layer providing market-specific, interactive dashboards, reports and charts

Key benefits

• User-driven business intelligence tools
• Vendor-independent solutions based on rapid-fire BI
• Seamless integration of disparate data sources
• Market-specific, laboratory centric BI/DS solutions