2018 – Dyntell Bi

Empower Every Employee with Business Intelligence

4 Steps to Empowering Your Employees with Business Intelligence

Every day, you make decisions that help your business grow. Those decisions are likely backed up by real data (and a healthy dose of gut feelings). Relying on good data is an option made more accessible by the continued development of Business Intelligence (BI) software that aggregates, analyzes, and visualizes the information essential to your organization, even helping you predict future trends. By leveraging BI programs, executives worldwide are increasing profits while streamlining processes. But when you take a deeper look at how these companies are using BI, you’ll find that the greatest success comes from democratizing the data, putting business intelligence in the hands of every employee. WHAT DO PEOPLE WANT FROM BI SOFTWARE? A 2015 study conducted by Forbes Insights asked over 300…

Rolled Throughput Yield (RTY) Metric Analysis: Your Ticket to Better Business?

Manufacturing

3 Ways to use Rolled Throughput Yield (RTY) to Better Your Business

As someone involved in manufacturing, you’re probably tired of dealing with inefficiency issues and product defects that affect your bottom line. But what are you doing to solve these problems? Consider this story: Walter, a Chief Operations Officer of a parts distributor and automotive electronics solutions company in Florida, recently visited several manufacturers to see if they could produce a device for his business. When he asked each project manager about their average Rolled Throughput Yield (RTY), only one had an answer. And this answer could be crucial to your business. RTY: A Quick Rundown RTY is often used in Six Sigma, the tools and techniques engineered by Motorola’s Bill Smith for business improvement in the 1980s. The official definition is “a process performance measure…

Think Bigger: Mining Your Data at Landscape

Agriculture

Think Bigger: 5 Ways to Mine Your Data at Landscape Scale

With agricultural production happening on such a large scale, you’d think it would be easier to see the big picture. But big data is a mountain of information too high for anyone to climb on their own. This is why Business Intelligence (BI) solutions exist to help you pull useful nuggets of information out of the vast landscape of your data. Here are a few tips for how the data at your fingertips can be used to optimize your entire business. 1. Keep a Weather Eye on the Horizon There are multiple resources for tracking weather data–everything from temperature and rainfall to cloud coverage and storm tracking. You can download this information and visualize it alongside data about your crop yields. The BI software can…

Prediction

Where Are the Robots?

Seven ways to leverage Business Intelligence to increase your manufacturing business’ production efficiencies by double-digits There is an important curve: f(x) = 1/(1+e^-x), the Sigmoid (or S) curve, with the shape of the Greek Sigma letter, which describes a large number of phenomena in the universe: At first the output increases slowly along with the input – so slowly that it seems almost constant. Then it starts to change faster, then very fast, then slower and slower until it becomes almost constant again. The Sigmoid curve captures the shape of phase transitions of all kinds, including the processes of ice melting, water evaporating, writing a bit of memory to a hard disk, an ion channel opening in a cell, the inflationary expansion of the early…

Prediction

Ready, Set, Predict!

The hidden AI button that gives your company the power to be self-driven Have you ever tried to drive your car forward relying on only the rear-view mirrors? Please don’t try this, as it would be difficult – if not impossible – to avoid a major accident. Yet your business is in a similar situation if you’re relying only on your ERP system to power it forward. ERP systems are great at showing your company’s past data. Business Intelligence (BI) system(s), on the other hand, can display your car’s dashboard (as well as the rear-view mirrors) and will show you your data transparently and parsed in many different ways. It’s better than using just those three mirrors, but it won’t show your future – the…

Prediction

Danger! The Robots Will Kill Us All.

A year after the clash of the tech titans, are we any closer to facing Elon Musk’s dire AI Apocalypse predictions? Controversial or not, I support Elon Musk’s growing contributions to technology, his drive to reduce climate change and his powerful entrepreneurial spirit. As for his numerous new projects like the Hyperloop, Musk electric jet and Solar City, I’m cheering them on as well. But I don’t think he’s right when it comes to AI predictions. About a year ago, Tesla and SpaceX CEO Musk locked horns with tech titan and Facebook CEO Mark Zuckerberg on the possibility of an AI Apocalypse. This scenario, which Musk views as very plausible, envisions robots with the power to take over the world and possibly even destroy their…

Case Study

How will we feed 9.6 billion people?

How will we feed 9.6 billion people? Increasing agricultural yield with BI With the UN predicting our world’s population to topple 9.6 billion in just over thirty years, the question of feeding our planet has become more urgent than ever. Climate change, continuous building and infrastructure growth have shrunk our allotment of arable land. Further, the USDA tells us that our food productivity growth is declining. For instance, grains and oilseeds growth dropped from 2.4% from 1970-1990 to 1.6% annually between 1990 and 2010, and this rate is predicted to be at 1.5% by 2021. How will we produce enough food to meet this voracious demand? Many experts are now pointing to the dual approaches of the IoT (internet of things) and advanced…

Case Study

Less Work, More Money: Risk Mitigation with Streamlined Supply Chain Management

Your business creates a product — but your job is not just manufacturing. The parts that make up this product have to be acquired, stored, transported, assembled, and shipped to where they’re needed on time and within budget. You must be exhausted. And it’s not like you can ignore your supply chain and time-to-market strategies and hope for the best. After all, according to Deloitte, 79 percent of companies with high-performing supply chains achieve more revenue than their average competitors. In fact, the Logistics Bureau asserts that the supply chain is the least understood area of strategic business, generating up to 90 percent of overall business costs! If you’re looking for one area to focus your efforts at improving your business, supply chain management is…

Case Study

Your Customer Feedback is Gold. Mine it.

How many times have you been in a meeting and, in one form or another, gone back to the question: what do our customers really want? For a lot of businesses, this question is rhetorical — we think we know what our customers want, and so we tell them what we think they want to hear. But in the digital age, we don’t even have to ask anymore. Your customers are telling you what they want, and what they don’t want, all the time. If you track their conversions, movement through a site, returns, and even online feedback, you can see this data materialize. But this is a double-edged sword. Too much feedback can be overwhelming, or even outright confusing. Learning how to make the…

General Business

Your Data Is Valuable. Keep It Safe.

Every person in your organization can make use of data, but so can outsiders. That’s why it’s important to always stay one step ahead of hackers by investing in a reliable Business Intelligence (BI) software. Keeping your customers’ and businesses’ information secure is of the utmost importance, so as you work to analyze and democratize your data, here are some things to keep in mind. Protect Your Datasets Your datasets probably house some very sensitive information. Whether they’re confidential personnel records, patient health information or important internal financials, getting them into the wrong hands can spell disaster. Sophisticated BI systems like Dyntell Bi allow you to control what specific pieces of data individual users can access with permission management. That way, you can ease new…

Posts Categorized: 2018

4 Steps to Empowering Your Employees with Business Intelligence

3 Ways to use Rolled Throughput Yield (RTY) to Better Your Business

Think Bigger: 5 Ways to Mine Your Data at Landscape Scale

Where Are the Robots?

Ready, Set, Predict!

Danger! The Robots Will Kill Us All.

How will we feed 9.6 billion people?

Less Work, More Money: Risk Mitigation with Streamlined Supply Chain Management

Your Customer Feedback is Gold. Mine it.

Your Data Is Valuable. Keep It Safe.

Solution

Resources

Company

Contact

Legal