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Spreadsheets Confidential – The Connected Business – Part 2
The other day I wrote about the special section of the Financial Times called ‘The connected business’. One of the key take aways from this section was the fact that way too many finance departments are putting their faith into spreadsheets. A few years ago, my team started conducting some surveys amongst finance professionals. For […]
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The connected business?
The Financial Times from December 8th 2010 included an interesting special report called “The Connected Business”. A bunch of great articles about technology in the office of the CFO. One thing that caught my attention was the fact that the entire section highlighted the problems caused by the use of spreadsheets. For people who work […]
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Behind the scenes – Middle East Cognos 10 launch
Snow. Massive amounts of snow. And it’s really cold. Hmm…Do I really want to leave here? Greetings from Dubai airport. My colleague and I are stuck here right now. Most flights to Europe are delayed due to winter weather. Oh well….the joys of traveling. But this trip was really worth it. We just finished a […]
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Postcard from Moscow
Greetings from Moscow! We just finished an incredible IBM Cognos Performance event. Over 450 customers spent the day to discuss the latest news in Business Analytics. It was a busy day for me up on stage: keynote presentation, two technical sessions and a press conference. Before I start repacking my bags for the next trip […]
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The power of Data visualization
We all know that visual information display is more effective. But yet, we still create, run & analyze hundreds of thousands of flat reports. A survey from 2007 (CFO Executive Board) found that the average management report is 30-40 pages long and that it contains 12000 to 15000 data points. But only 5% of those […]
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The Speed of the Dragon
The other day I met a good friend of mine. We hadn’t seen each other in a few weeks. But it felt a lot longer than that. A ton of stuff had happened. A sign of the times? The speed of business and our personal life seems to increase steadily. The economy already feels like […]
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Unleash my talent?
Greetings from the IBM Cognos Business Analytics Forum. IBM just released the latest version of Cognos: Cognos 10. The general theme around this new product is: Intelligence Unleashed. The theme is quite powerful and it made me think about how most of us conduct our work. I have met many clients that are still struggling […]
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Spreadsheets, spreadsheets everywhere
Everybody loves spreadsheets. But pretty much everybody acknowledges that spreadsheets are not the right tool for managing critical aspects of a business. Earlier this week I had the pleasure of hosting a seminar with the ‘father of data warehousing’ Bill Inmon. He presented his ideas about the architecture of the next generation data warehouse. To […]
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Poor forecast accuracy
Over the last few weeks three separate clients have expressed their frustration with inaccurate forecasts delivered by certain members of the salesforce. Nothing new here. It happens all the time. However, what struck me about these three independent cases was the nature of the issues: The salesforce consistently forecast higher than actuals. This is not […]