Profile

Cover photo
Yves Mulkers
Works at Klym
Attended H.O.R.A.M.A
Lived in Belgium
442 followers|234,233 views
AboutPostsPhotosVideos+1's

Stream

Yves Mulkers
owner

Discussie  - 
 
Combining In-Memory Computing and Decisive KPIs to Increase Executive Insight

 
   
     
           

        Business executives want to accelerate insight, act decisively, and influence performance as it happens, rather than waiting to react to outcomes – a kind of real-time performance optimization for humans.  
     
   
 

   By: Ashu Kumar    

 While data analysis ability on this level may sound like the stuff of sci fi, or at least a lofty aspiration, breakthroughs in in-memory technology now make it more possible than ever. Harness in-memory computing to bring real-time information and indicators to life, allowing execs to make decisions and affect outcomes as they develop.  

 SAP HANA software enables organizations to support in-the-moment analysis of business operations using huge volumes of detailed information. This flexible, multi-purpose, and source-agnostic in-memory appliance combines SAP software with hardware components optimized and delivered by SAP partners, to speed decision making and increase performance. 

  Using SAP HANA, organizations can instantly explore and analyze all transactional and analytical data from virtually any source; operational data is captured in memory as business happens, and flexible views can expose analytics based on customized KPIs at the speed of thought. External data can be added to analytic models to expand analysis across an organization. 

 But real-time data availability is only one piece of the puzzle, albeit an important one. The first step to building a state-of-the-art business intelligence system that capitalizes on SAP HANA is to ensure that such powerful technology analyzes the right performance indicators to begin with. 

 Many companies use key performance indicators (KPIs) to track performance and improve results. But not all indicators actually reflect performance; in fact, most just report results. The difference is subtle but crucial: many measures termed KPIs should instead be categorized as key result indicators (KRIs). Where KRIs highlight retrospective results, KPIs provide the information execs need to improve performance in the future. Monitoring KPIs supports proactive decision making, not just retrospective analysis. 

 Here is how to differentiate KPIs from KRIs: 

  

 
   
     
       
            Key Performance Indicator – KPI    
       

       
            Key Result Indicator – KRI    
       
     

     
       
           Represents performance as it happens   
       

       
           Represents trends and indicates direction   
       
     

     
       
           Leads to preemptive measures and decisions for improving results   
       

       
           Leads to reactionary and post-mortem activities   
       
     

     
       
           Measured frequently   
       

       
           Measured periodically; provides perspective over time   
       
     

     
       
           Examples:   

         
             Order closing/delivery time   

             Customer complaints   

             Inventory/out-of-stock incidents   
         
       

       
           Examples:   

         
             Customer satisfaction   

             Net profit   

             Return on investment   
         
       
     
   
 

  

 Now bring SAP HANA – revolutionary in-memory technology – together with the right KPIs, and watch the business insights accelerate. The combination allows executives and managers to steer business operations in real time for the desired outcome: better performance and higher productivity. 

http://tinyurl.com/qyz9lnc
 
1
Add a comment...

Yves Mulkers
owner

Discussie  - 
 
The two use cases for HANA

 
   
     
           

        Among customers I am talking to, there is this big question mark around HANA and BW. Even as we progress with the HR Analytics, we are faced with this discussion.  
     
   
 

  by Jean Bernard Rolland  

 

First of all, it is useful to remember WHAT BW is used for. 

   

 Three are two fundamental use cases for 

   

 
   Aggregation. so information is consumed at e.g. product group, country levels, or so information is cross analyzed eg Finance AND HR (average revenues per employee) or Sales AND HR, or Supply Chain and HR 

   Consolidation, or information from multiple assets in the enterprise into one location 

   Offloading of complex processing from the transactional systems 
 

   

 SAP's BW is a very good product that does all these things very well but it has a few downsides, the main one being its complexity. Even an out-of-the box BW implementation and the operation thereafter require some very qualified staff. The second one is agility. BW causes IT to build layer after layer of complex structures (extractors, DSO, cubes, queries), change is slow and difficult, which causes frustration among the business users. It takes weeks to prepare a BW implementation projects and the chaos with customers is not often there. The third one is performance. 

 Very often, best design practice is not followed and performance is poor - exacerbated by a poor take-up of SAP's Business Warehouse Accelerator in-Memory product. The current version of HANA (1.0) fixes agility and performance but it is not an Enterprise Data Warehouse so doesn't do any of the things that NetWeaver BW is currently good at. By the end of the year, HANA 1.2 will feature BW on HANA, which will allow to combine the value of Enterprise Data Warehouse and should perform well, but won't be any more agile than BW - because it IS BW. 

 Organizations will be still looking at ways to become more agile, though faster load times and fewer layers of Data Warehouse will help, in time. Then there is the question legacy of content provided by SAP. For HR alone, SAP releases 900 objects (dashboards and queries) commonly known as the Business Content but few customers use the business content out of the box, Even the pre-built set of Extract, Transform and Load (ETL) tools to connect NetWeaver BW to the Business Suite and get information out, pre-built into structures and reports are being heavily customized. However, the only clear value of data extractors is the way that they handle changed information without reloading all the information from the Business Suite. 

 There is much less value in the later data structures and reports that BW provides because they are relatively quick to build and most customers want something different. Granted, using HANA 1.0,  is expensive because it requires building or rebuilding data structures by hand, but this is something SAP will have to do very quickly anyway. Even more importantly, SAP BusinessObjects Data Services 4.0, things change because you can use the Business Suite Business Content Extractors using Data Services - to extract from the Business Suite. 

 Due to the way that Data Services works, this means you can load into any database - like Sybase IQ, Cognos or indeed HANA 1.0. So far, it did not matter to SAP what the warehouse was, provided it was based on SAP Business Suite – and of course that customers used SAP BusinessObjects analytics tools. HANA now offers new options to customers customers who don't want to use BW because e.g. Cognos is their strategic Data Warehouse, or who don't have a Data Warehouse yet. And for those who do use BW, they will continue to do so, leveraging their investments and possibly going to BW on HANA BW has therefore a new companion that multiplies its value, and offers many more possibilities. 

http://is.gd/3BT3eC
 
1
Add a comment...

Yves Mulkers
owner

Discussie  - 
 
Bespoke Everything is the Future of Web Based Business

Cover Photo courtesy of Fast Company Magazine - April 2015

I walked into a bookstore / magazine shop tonight, and like usual I always end up leaving with at least one paper copy of my favorite print for consumption.

Tonight it was Fast Company, one of my favorite publishers. The content is crisp, innovative and down to earth. Paper, you say? In this age of digital content and consumption, you buy a magazine?

Yes I say, cause I'm a little hipster that way. I enjoy technology, but I also enjoy the crisp new pages and smell of a fine print. This month's particular edition is quite cool. The cover paper is like a very fine grit sandpaper.

The lights are usually turned down low in my living room, so I put on my Petzl running headlamp, and flipped it open. After glancing over the content index, I decided to flip to an article by Om Malik (the founder of Gigaom).

The headline reads:

"Clothes Make the Man, but the Web Makes the Clothes - What a Dress Shirt Says About the Future of Retail"

A relatively short article about the author's experience of being taken to the neighborhood tailor as a child by his father for custom ...    Read More on Datafloq  

http://is.gd/4fBQb5
 
1
Add a comment...
 
sometimes you wonder who came up with the user fiendlyness of systems....
4
2
Harout Koja (ITology)'s profile photoramgokul jeyakumar's profile photo
Add a comment...

Yves Mulkers

Shared publicly  - 
1
Add a comment...

Yves Mulkers

Shared publicly  - 
1
Add a comment...
Have him in circles
442 people
Ronald Kunenborg's profile photo
BI Business Intelligence GmbH's profile photo
Tushar Kishnani's profile photo
Paul Salvaggio's profile photo
Stefan Halbfass's profile photo
Julius Trujillo's profile photo
Kristijan Jakic's profile photo
Big Data Healthcare Innovation Solutions's profile photo
Couchbase's profile photo

Yves Mulkers
owner

Discussie  - 
 
"Like It" or Not, Big Data Decisions Affect Business Valuations

Big Data has infiltrated the corporate valuation scene by making its indelible mark on companies’ goodwill and reputation. Recent research confirms that corporate reputations suffer following mishaps involving data within the corporation’s control. Today’s companies must appreciate that their use, misuse and governance of Big Data can have an impactful effect on their goodwill and resulting valuation.

How Modern Enterprises Are Valued

In today’s data-driven economy, many organizations’ value is derived from much more than the sum of their tangible assets. As opposed to tangible assets of the brick and mortar variety, goodwill — which has no physical component — qualifies as an intangible asset. The value of goodwill is the difference between a company’s purchase price and the fair market value of the tangible assets involved in the acquisition.

Certain subjective elements of goodwill include reputation, the value of a company’s brand name, customer lists, and positive customer interactions. Goodwill has no expiration date, as it is inextricably linked to a business itself, and it cannot be sold or transferred separate and apart from the entire business.

In its 2010 study on “Intangible Assets and Goodwill,” KPMG identified that most industries typically allocate more than 50% of the purchase price of a business ...    Read More on Datafloq  

http://is.gd/mcIbsk
 
1
Add a comment...
 
Legal Issues to Consider Before Starting Big Data Projects

We read every day about the myriad of purposes for which enterprises are embarking on Big Data projects. Securing C-suite buy in and funding may be a significant endeavor, as is implementing an analytic approach to yield results that will achieve the project’s overall goals. In the face of those challenges, the legal and regulatory issues associated with the collection, storage, and use of Big Data may not be top of mind.

They should be.

Unexpected legal problems manifesting down the road can derail any Big Data project. Focus on those issues at the outset is infinitely easier and less expensive than managing them later in a crisis situation arising from a breach or legal violation.

Big Data Collection

The collection of certain types of data raises issues under various laws and regulations. It is critical, therefore, to understand what data is going to be collected and all associated legal obligations.

An obvious example of data that raises special concerns is Protected Health Information (PHI) governed by HIPAA, HITECH and/or various state laws. Personally Identifiable Information (PII) is subject to regulation that may depend on the place of residence of the individuals whose information is at issue. Collection of PII relating to children may implicate ...    Read More on Datafloq  

http://is.gd/iwcUbY
 
1
Add a comment...

Yves Mulkers
owner

Discussie  - 
 
The Industrial Internet of Things (IIoT): Challenges, Requirements and Benefits

The idea of a smarter world where systems with sensors and local processing are connected to share information is taking hold in every single industry. These systems will be connected on a global scale with users and each other to help users make more informed decisions. Many labels have been given to this overarching idea, but the most ubiquitous is the Internet of Things (IoT). The IoT includes everything from smart homes, mobile fitness devices, and connected toys to the Industrial Internet of Things (IIoT) with smart agriculture, smart cities, smart factories, and the smart grid.



The Industrial Internet of Things (IIoT)is a network of physical objects, systems, platforms and applications that contain embedded technology to communicate and share intelligence with each other, the external environment and with people. The adoption of the IIoT is being enabled by the improved availability and affordability of sensors, processors and other technologies that have helped facilitate capture of and access to real-time information.

The IIoT can be characterized as a vast number of connected industrial systems that are communicating and coordinating their data analytics and actions to improve industrial performance and benefit society as a whole. Industrial systems that interface the digital world to the ...    Read More on Datafloq  

http://tinyurl.com/mtgvcq6
 
1
Add a comment...

Yves Mulkers

Shared publicly  - 
 
Summary: Large web companies such as Facebook, Google and Amazon have been pushing the boundaries of IT for years, and now their problems — and solutions — are making their ways into the mainstream.
4
Add a comment...

Yves Mulkers

Shared publicly  - 
 
Building predictive analytics solutions is very much in-vogue for most organizations today. Historically, practitioners needed to educate businesses on the value of data mining and predictive analytics. Now, the concept and value of predictive analytics is widely accepted by most businesses.
1
Add a comment...

Yves Mulkers

Shared publicly  - 
 
Keynote from the SAPInsider Conference in Nice, France. SAP wants to help its customers make their business faster, smarter, and simpler, with the SAP HANA platform.
1
Add a comment...
People
Have him in circles
442 people
Ronald Kunenborg's profile photo
BI Business Intelligence GmbH's profile photo
Tushar Kishnani's profile photo
Paul Salvaggio's profile photo
Stefan Halbfass's profile photo
Julius Trujillo's profile photo
Kristijan Jakic's profile photo
Big Data Healthcare Innovation Solutions's profile photo
Couchbase's profile photo
Education
  • H.O.R.A.M.A
    Scheikunde, 1983 - 1990
Basic Information
Gender
Male
Links
Contributor to
Story
Tagline
Business Intelligence Architect with a passion for Data and processes
Introduction
I'm a seasoned Business Intelligence professional enjoying Family, Business Intelligence, Data and Music, still occasionally DJ-ing. #BBBT member
Work
Occupation
Independent Business Intelligence Professional
Employment
  • Klym
    Business Intelligence Architect, 2010 - present
  • McKinsey Solutions
    Data Modeler & ETL expert, 2011 - present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Previously
Belgium
Contact Information
Home
Phone
+32476520302
Email
Address
Belgium
Yves Mulkers's +1's are the things they like, agree with, or want to recommend.
Rackspace hybrid cloud backs MobileForceField’s fight against cyber bullies
www.itproportal.com

A hybrid cloud solution is being provided to manage MobileForceField’s websites including its online portal that provides a protective layer

Predictive data, the real workhorse behind the Internet of Things | 7wData
klym.staging.wpengine.com

By 2020, Gartner expects, 26 billion units will make up the Internet of Things, and that excludes PCs, tablets and smartphones. With so ma..

The 5 P's of effective dashboard delivery
www.linkedin.com

A dashboard is an interactive application which organizes and presents timely information relevant to a particular objective or business pro

Business analysts want access to advanced analytics - Data
strata.oreilly.com

I talk with many new companies who build tools for business analysts and other non-technical users. These new tools streamline and simplify

The Benefits of a Single Customer View
markhumphries.blogspot.com

In previous roles, I have delivered Single Customer View projects twice. In each case I prepared a very positive business case before gettin

Big Idea for 2014: Big Brother Becomes a Recruiter
www.linkedin.com

This post is part of a series in which LinkedIn Influencers pick one big idea that will shape 2014. See all the ideas here.Interactive CRM a

People Analytics: when Big Data meets human resources
www.intelligenthq.com

An article written by Don Peck in the Atlantic, caught my eye this week. It was titled "they are watching you at work", and asks the questio

Project Neo is the next generation of IBM Business Analytics Software
it.toolbox.com

IBM will demonstrate Project Neo today at the IBM IOD Conference and announce the start of a beta test program.

Strata + Hadoop World 2013 Recap
blog.revolutionanalytics.com

We're back from NYC after a very busy Strata + Hadoop World 2013 conference. Many thanks to all the friendly folks who dropped by the Revolu

How To Give Big Data a Direction | SmartData Collective
smartdatacollective.com

We live in a world where we think that the more data we create, the more happier we are. The H(app)athon Project, an initiative to create di

Automate Now, Get a CMS | SmartData Collective
smartdatacollective.com

Simply entering data into a system isn’t the key to profits. Effective CRM sets workflow routines designed according to the most effective s

Using Big Data and Analytics Across Industries to Acquire, Grow and Reta...
www.ibmbigdatahub.com

Using Big Data and Analytics Across Industries to Acquire, Grow and Retail Customers

Videos 2013 Strata Big Data Conference Hadoop World
www.kdnuggets.com

Strata Conference + Hadoop World brings together the people, tools, and technologies that make data work. Watch the videos from 2013 confere

10 Tips for a Successful Predictive Analytics Project
www.scoop.it

Predictive analytics is an important area of big data that can help your company and here are 10 tips that will benefit your big data projec

7w Data Chronicle
paper.7wdata.be

7w Data Chronicle, by Yves Mulkers: Compete on Data and Analytics

Yves Mulkers's' Account | IT Central Station
www.itcentralstation.com

Follow products to get instant notifications of new reviews. Contact real users about products they use. Be eligible for monthly prize drawi

Some Power Query/M Examples - SQL Server - SQL Server - Toad World
www.toadworld.com

The more I use Power Query and the M language that underpins it, the more I see how useful it is – quite apart from its abilities to import

SSIS Junkie : Thoughts on Power BI for Office 365
feedproxy.google.com

Three months ago I published a fairly scathing attack on what I saw as some lacklustre announcements at Microsoft’s BI conference. In that b

The History and Future of Predictive Analytics and Big Data (infographic)
whatsthebigdata.com

Source: A Look at the History and Future of Predictive Analytics and Big Data infographic

Data Mining Book Review: Predictive Analytics | Data Mining Research -
www.dataminingblog.com

I had the pleasure to shortly meet Eric Siegel at a Predictive Analytics World conference in 2011. In addition to being the founder of PAW,