TIA BI Cloud TIA BI Cloud Is an easy, inexpensive cloud solution: Systematic decision-making improves your bottom line Insurance company employees make hundreds of business decisions each day about risks, • • • • Easy-to-maintain cloud solution available on a subscription basis Quick implementation for a fraction of the cost of a typical BI project An open solution that can integrate data and enable use of other 3rd party services A future-proof solution based on proven SAP Business Objects software claims, marketing and other matters that affect business. These decisions are often based on experience, accumulated knowledge and rules of thumb, which can take years to develop. Some employees never acquire the necessary basis for decision-making and their poor decisions can have a direct impact on costs and revenue and thus on the bottom line. Improved analytical support lifts your decision-making abilities In many organizations, analysts typically spend 80% of their time searching, cleansing and preparing data and only 20% actually analyzing and using it. TIA BI Cloud reverses this ratio. With the same number of resources, you get a four-fold increase in your analytical capabilities, leading not only to better decisions, but faster decisions as well. TIA BI Cloud transforms the data in the TIA Solution into easy-to-use information. It can be implemented in a matter of weeks with minimal disturbance to IT and other internal resources. This is because TIA is a standard solution that uses a standard data model, making it possible to establish a predefined BI data model and ETL scripts to populate the BI DWH. Makes data transparent and accessible TIA BI Cloud Lifts your decision-making abilities: • • • Improves your strategic decision making Meets all your reporting needs Anytime / anywhere access via the cloud, for 100% data transparency Page 1 of 2 TIA BI Cloud was developed based on deep knowledge of, not only the TIA Solution, but also the insurance industry and its need for strong decision support. It covers all aspects of the BI process and makes all metrics and decision factors 100% transparent and easy to access. The solution includes a large KPI library, with over 100 KPIs that can be analyzed across multiple dimensions. You can analyze everything: portfolios, profitability, sales, claims, exposure, discounts and campaigns. Information is presented in management dashboards that offer a quick overview for better decisions. Plus, it’s accessible anytime/anywhere via the cloud. TIA BI Cloud supports the different kinds of information needed to run an insurance organization; supporting everyone from top management to underwriters, sales managers, regulators and actuaries. TIA BI Cloud addresses four main types of business decision support: TIA BI Cloud Key functionality of TIA BI Cloud: • Easy-to-customize management dashboards • Library with 100+ KPIs to choose from • Pre-defined ETL processes transform data from TIA Core • Drill down into data; locate problems as they arise and find the root cause The easily-customizable management dashboard (below) gives you a clear high-level overview for quick decision making but also allows you to dig down into the information via the drill down functionality. Within a couple of clicks you can identify where a problem lies and investigate further into the data, making it easier for you to get to the root cause of specific issues. All your data analysis needs in one place Key functionality of the TIA BI Cloud solution includes: A reporting and analysis tool that is based on the well-known and widely-used SAP Business Objects software; data is stored in Oracle databases All reports and analyses are run on thin clients via the web using a secure VPN connection Pre-defined Extract-Transform-Load (ETL) processes cleanse, manipulate and move data from the TIA Solution so it is optimized for use in TIA BI Cloud 100+ pre-defined KPIs for easy set up of analyses and reports A powerful BI solution now and in the future Ensuring a world-class BI solution is a key part of the TIA roadmap and BI Cloud is just getting started. As TIA implements new functionality, the BI Cloud solution will mirror these developments. Upcoming functionality includes business process management (BPM), improved sales and channel management as well as supplier management. As these developments are added to the TIA Solution, relevant data and analytical capabilities will be added to BI Cloud. What’s more, TIA BI Cloud is an open solution that can integrate data from outside TIA enabling, for example, the use of web services and secure FTPs. At the same time, the solution adheres to all relevant international regulations to ensure a high degree of security and data protection. Last but not least, as the TIA BI community expands it will be possible for members to TIA Technology A/S benchmark their own performance against the community and gain important strategic insights Bredevej 2 that can move their business forward. (All community benchmark information is anonymous.) DK-2830 Virum Denmark T +45 7022 7620 F +45 7022 7621 W tiatechnology.com Page 2 of 2 Copyright©1986-2014 TIA Technology A/S. All rights reserved.
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