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We accept the challenge! www.andritz.com Vesa Saarinen Management Events: Business Intelligence 4.5.2011

Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

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Page 1: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

We accept the challenge!www.andritz.com

Vesa Saarinen

Management Events: Business Intelligence 4.5.2011

Page 2: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

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� ~40-45% of Group’s order intake.

� Electro-mechanical equipment for hydro-power plants; pumps.

� ~30-35% of Group’sorder intake.

� Systems for production of all types of pulp and certain paper grades.

� ~10% of Group’sorder intake.

� Systems for production and processing of stainless steel and carbon steel strips.

� ~10% of Group’sorder intake.

� Systems for mechanical and thermal solid/liquid separation.

� ~5% ofGroup’sorder intake.

� Systems for production of animal feed and wood/biofuel pellets.

Andritz Company profile

A world market leader in most business areas2010: Order intake 4.1 b€, Sales 3.6 b€, employees 14700

Management Events – Business Intelligence / V. Saarinen

Page 3: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

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Information sources

“What percentage of the knowledge you need to do

your job is stored in your own mind?

?

Robert Kelley, Carnegie Mellon University, asked knowledge workers

Page 4: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

� The amount of information is growing� A lot of information is in unstructured form, in

various sources� Speed of making a decision is becoming

incredibly important

Are the BI tools simple enough

for business users to use?

“Give an xPad to a child”

BI landscape

Management Events – Business Intelligence / V. Saarinen

Gartner: #1 reason buying BI = usability

IDC:

Digital content doubles

every 18 months

Page 5: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

Even in the best case, when information is

well collected and stored and properly

presented, there is one additional thing

required…

Management Events – Business Intelligence / V. Saarinen

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How to make people to utilize BI information?

Organizational strength comes from working together, not working as individuals.

Management Events – Business Intelligence / V. Saarinen

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Do you know who in your organization knows what?

Management Events – Business Intelligence / V. Saarinen

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Things not possible even five years ago are now possible

Consumers often use social media as part of their everyday decision

making processes. Yet how many organizations leverage information

in social media sites as part of their normal business decision

making?

Challenge:

Firstly the data volumes are unimaginably big

and secondly the data is unstructured

Business Intelligence + SOME => Social Intelligence (SI)

“It is this fusion of hard financial data with sentiment, perceptions and opinions that provides the most exciting potential for

business intelligence for years” (FSN, March 2011)

From Business Intelligence to Social Intelligence

Management Events – Business Intelligence / V. Saarinen

Gartner: Long term trend =BI + Social Software = Decision Support 2.0

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We live in a Social World

Management Events – Business Intelligence / V. Saarinen

Page 10: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

Social Intelligence is here

Page 11: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

Bringing Social to BI

Think and Work Together

Share insights and learn from others

Build the Corporate Intelligence

Page 12: Business intelligence ja liiketoimintatiedon hallinta 2011 05-04 avaus vesa saarinen

How to Build Social Intelligence in Your

Organization

�Collaborative decision environment

�Cultural transformation

�Shift away from the data-centric

approach to the knowledge- and

wisdom-centric method

“Wisdom of crowds”

“Collaborative decision making” “Sentiment analysis”

“Social media monitoring”

Gartner

Source: Panorama + Gartner