Rabu, 11 Juni 2008

Big 4 Power the Future of Consulting Services with Business Intelligence (BI)

Business Intelligence at Big Four firms enables Consultants to deal with business processes. BI is an acronym for Business Intelligence. BI Consultants at Big 4 firms combine business and technology expertise to understand various business processes.

Big4 firms use Business Intelligence to help organizations in the analysis and assessment of their business environments. Typically, Big 4 BI consultants use application software and related technologies to gather, organize, refine and distribute the information/data. Business Intelligence consultants at Big 4 firms design data mappings between various systems, develop scripts for data mappings and build modules and business processes. From design, implementation to support, Big 4 BI consultants handle all strategies pertaining to the Business Intelligence processes.

There are many drivers contributing to the success of Business Intelligence. The rising demand for Sarbanes-Oxley Compliance Consultants is an important factor that drives the BI performance at Big Four firms. Providing “data-on-demand” is imperative for Business Intelligence Consultants at Big4 firms. Customers expect “real time data” and compromising on this could prove fatal to the Big Four firms’ BI expertise.

The Big Four firms provide consulting and systems integration services in Business Intelligence, Data Warehousing and Analytics. Managing the business performance, compliance and information integration is an important task handled by the BI consultants at the Big4 firms. Gathering relevant information, conducting market research and competitor analysis enables the Big Four BI consultants to respond to unforeseen market fluctuations.

The Big 4 evaluate Core Competence in Business Intelligence based on their analysis on organizations. As per CapGemini, this evaluation refers to BI index calculation. With the BI index, organizations can evaluate their potential BI value. Organizations can analyze their strengths and weaknesses with respect to their competitors. The BI index helps an organization in transforming the present business intelligence system to a more robust and profit-driven system. The Big 4 firms enable organizations in this transition process and decision making, thus meeting Compliance demands.

A 2004 report from META group on the major consulting and systems integration companies placed Deloitte among the top four firms. Also, the report certified that Deloitte has a “strong and customer-friendly project management methodology.” Deloitte’s global Business Intelligence Services concentrate on information gathering and global networking to offer legal compliance. The META report also ranked Deloitte in the top bracket “for its broad vertical programs, especially in manufacturing and government.” http://www.big4.com/B4Sitemap.aspx provides Analyst reports, News, Events and Big Four firm updates.

Business Intelligence tools offer incredible efficiency and help in generating excellent organizational performance and market recognition. Big4 Business Intelligence Consultants are experienced in Data Warehousing Architectures, OLAP, ETL tools like Ab Initio, Ascential Product Suite, DTS, Informatica and ERD toolkits like Erwin. Knowledge of Business Intelligence tools like Business Objects, Cognos, ERP experience in Oracle/ Peoplesoft or SAP, and relational database skills are necessary technical assets of a Big 4 Business Intelligence Consultant.

Business Intelligence, Data Warehousing and Analytics make an interesting combination at the Big Four firms. Big Four BI consultants assist clients in an essential commodity – Information Gathering and Delivery. Corporate Compliance, Financial and Market Intelligence and Risk Management help organizations in meeting the regulatory norms. Programs like the Balanced Scorecard help organizations to test their business processes.

Big 4 firms and Business Intelligence - the combination substantially invokes the desired outcome – better organizational performance and overall efficiency in managing business processes.

About The Author

Neil More webmaster@big4.com is an Alumni Member and Staff Writer with http://www.big4.com He writes articles on issues pertaining to the global Big4 firms - Deloitte, Ernst & Young, KPMG, PricewaterhouseCoopers.

Neil's articles focus on latest news and happenings in Big4 Accounting, Big4 Management Consulting, Big4 Information Technology, Big4 Tax and Big4 Legal domains.

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