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Ronan GavinBI Solution LeadMicrosoft Ireland
Self Service BI for Finance
Some Useful Principles
EPG | MICROSOFT CONFIDENTIAL
Key Opportunities for Finance
Agility = Competitive advantage
2
“By 2015 businesses that build a modern information management system will outperform their peers financially by 20 percent”
Top 20% Performing Org’sEmployees spend 1.2 Hrs per week searching for InfoBottom 30% Performing Org’sEmployees spend 6 Hrs per week searching for Info
Strategic Relevance
“We’ve reduced the time to produce accurate insights by over 50% with our Microsoft BI solution.”
Finance is spending a substantial portion of time influencing business strategy and operational priorities
Finance is more focused on ensuring current initiatives deliver results than on selecting/ aligning new initiatives
Agree
Disagree Don’t know/Not applicable
* “The Deciding Factor: Big Data & Decision Making” – Capgemini, Business Analytics | The way we see it
..And #1 Blocker to Achieving Expanded Insight
1 2 3 4 5 6 70%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
4% 4% 6% 4%
11% 12%
4%8% 14%
9%9%
85% 84% 93% 86% 84% 91% 89%
“The inability to access & analyze critical data, via exist-ing tools…”
85%
Of business users listed the inability to analyze data critical to their role, within their existing tools & processes, as the #1 obstacle to increasing insight
89%
of these users identify Excel as their primary analytic tool….
Business Insight: The key skills needed for Finance
Business Knowledge
Ability to Synthetize
Data Visualization
Storytelling
“People don’t want data, they want information & the goal is to tell stories” – Marc Reguera, WW EPG Finance Director, Microsoft