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Based on more than 21 years of experience in the field, BIT Software, Ltd. is developing and implementing fully functional ERP, CRM and Business Intelligence (BI) solutions which allows companies to improve productivity and provide better services to customers by streamlining and automating processes to achieve smart growth and sustainability goals.

BI Best Practices Benchmark Report, Part 1: Topic Overview

Date: 29- 07- 2011
Author: Bit Software

As promised, I will begin to present the main elements of a successful Business Intelligence strategy, as its appear in „BI Best Practices Benchmark Report”. So...

 

Part 1: Topic Overview

As most respondents involved in Gleanster`s study said, the most successful organizations today don’t simply gather and record data, they put it to work. Why that? Because data helps them optimize...

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Proven competencies - BITSoftware, Oracle Gold Partner

Date: 28- 07- 2011
Author: Bit Software

BITSoftware becames Oracle Gold Partner (OPN). The status obtained by us certifies the proven competencies of BITSoftware in providing innovative and high quality solutions based on the latest Oracle technologies.

Oracle databases are succesfully deployed in SocrateOpen installations, from small to very large ERP implementations. To obtain the Oracle Gold Partner certification, BITSoftware...

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BI Best Practices Benchmark Report

Date: 26- 07- 2011
Author: Bit Software

As Business Intelligence Group member on LinkedIn, I found a very interesting „BI Best Practices Benchmark Report”, which takes a close look at the elements of a successful BI strategy, including the drivers and obstacles, as well as the metrics for tracking and measuring success. The report also goes into detail of some of the best examples of rapid ROI from BI projects and that they are...

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Return on Investment for ERP Solutions

Date: 25- 07- 2011
Author: Bit Software

Any manager who decided to implement an ERP solution did this to improve his/her business and save monies, earn more monies and more customers. Monies saved, monies earned and more customers equals return on investment. (ROI) There’s no other reason to invest in an ERP solution except for a future return on investment (ROI).

An ERP has the ability to offer you great returns. But only if you...

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Can Marketing Love Business Intelligence?

Date: 22- 07- 2011
Author: Bit Software

Why is that after the successful deployment of state of the art ERP and Business Intelligence software folks in strategic areas of the company still struggle to make sense of the data?

The reason is pretty simple. Strategic Marketing is the headlights of the business; their job is to predict the future and exploit that prediction in a manner that increases market share, revenue and...

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Does Your BI deployment pass the Strategic IQ Test?

Date: 19- 07- 2011
Author: Bit Software

A well organized strategic BI implementation transforms Marketing from Art to Science while unfolding an analytical competitive advantage that translates in bottom line impact. I found that Marketing deems BI indispensable when its deployment passes the Strategic IQ test.I. Select ten questions you find most valuable to have answered in your organization.

II. Ask these questions independently...

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What do you think is the future of business intelligence?

Date: 18- 07- 2011
Author: Bit Software

The future of Business Intelligence is certainly bright and the chances are great, because organisations are expanding, datas are growing everywhere and managers need to maintain the control. Plus, it will take some time for those IT business solutions to enter more fully into market, because knowledge of these tools by end users is still very low. But must be changes to adapt solutions to...

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What should companies consider before investing in a BI solution?

Date: 15- 07- 2011
Author: Bit Software

BI Solution is an important part of many companies as everyone today needs access to data. But what is the key element to consider before investing in any BI soultion? What things are key to be thought through and possible downsides of investing in a BI solution? Things to consider will differ between companies, because every has different architecture and requirements for a BI Solution.According...

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Best of office application vs Integrated ERP. Is it worth the cost?

Date: 14- 07- 2011
Author: Bit Software

„A chain is only as strong as its weakest link” is a proverb well-known. In B2B, this concept is translated by an ERP solution is only as strong as its weakest integration. Commonly overlooked and underestimated, integration is one of the most important factors to consider as part of a best of office application vs. integrated ERP solution. The benefit of richer functionality is limited by...

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SocrateOpen 2.6 was realesed

Date: 13- 07- 2011
Author: Bit Software

The new version of the open source ERP / CRM application SocrateOpen just said „Hello world!” The 2.6 version cames with a series of new improvements and adaptabilities coming to support companies activating in services, construction, telecommunications, distribution, discrete manufacturing and agro.

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Why Marketing Finds Business Intelligence Useless

Date: 12- 07- 2011
Author: Bit Software

During my years of industrial marketing and sales, I learned that there is a big difference between corporate information and Strategic Knowledge.

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Outsource or not the Human Resources?

Date: 08- 07- 2011
Author: Bit Software

In today’s business world, human resource outsourcing (HRO) is becoming increasingly popular than it was few years ago. This dramatic change occurring in today’s organizations has propelled this latest trend toward outsourcing. Workers’ needs are changing, human resources costs are rising and there are increasing pressures to be aware with the latest legislative changes.At this point, you may...

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Are you a Business Intelligence Avoider?

Date: 07- 07- 2011
Author: Bit Software

From six different studies we conclude that approximately only 5% of employees use BI tools to perform Analytics effectively*. I think this is in part related to the fact that except for folks with backgrounds in science, engineering, economics or finance; most people across the company do not feel too comfortable around numbers, math or logic. I've seen this during many years of training...

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Benefits of Business Intelligence in Organizations

Date: 05- 07- 2011
Author: Bit Software

Business Intelligence is often defined as the array of processes and technologies that turn information into insight and action, meaning the effective application of the broad suite of data analysis tools and analytical approaches to effectively understand, predict, optimize, and prepare to take action upon current and future business activity.BI applications find their way into a vast range...

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Traceability - the new challenge for Romanian meat industry

Date: 04- 07- 2011
Author: Bit Software

The traceability is an important component of the requirements imposed to food industry by the European Union. And means the need of controlling the history of a meat product, from raw material until the final product and its location after sale or distribution. In other words, by traceability the manufacturing process conforms to the European legislation and quality standards.

What this...

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