Enabling Technologies
Business and Information Technology (IT) are increasingly intertwined. Technology solutions can support and enable or constrain and impede major business initiatives and thus results.
Enabling Technology, sometimes referred to as Business Intelligence (BI) is a critically important requirement in today’s highly competitive business environment. It is no longer enough just to have stores of data – your data must be mined and the valuable information made actionable. At IQity, we are committed to maximizing our clients’ return on investment by providing the opportunity to link our services to powerful enabling technologies. In a technology-enabled environment, data sources link with manufacturing and business logic are the basis for actionable information, strategic reports, analysis and key performance metrics. Together, these functions arm each department in a business environment with the knowledge it needs to achieve company goals.
In environments without BI, management has to rely on a paper-based or static collection system to provide information. These outmoded systems deliver inaccurate, incomplete and delayed information restricted simply to monitoring and reporting. A system that only focuses on monitoring and reporting is like a car’s engine warning light – it only tells you that you have a problem. A true BI system alerts you that there is a problem and identifies it before it escalates to a much greater problem. This enables you to find the root cause to manage the situation proactively.
Companies have invested hundreds of thousands of dollars on infrastructure and millions on plants and equipment. Few companies have realized the full value of these investments and have difficulty closing the gap. At IQity, we specialize in identifying the “Opportunity Value Gap” between actual and optimum performance as well as offering a wide range of services associated with technology investments. These services include:
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- Business Alignment
- Value Stream Mapping
- Project Management
- Solution Integrator
- Business Intelligence Solutions
- CMMS Solutions
Historical analysis suggests that less than 30% of IT projects are successful due to the lack of alignment with business needs and the business processes of the user group.
- We believe:
- Business strategy and business initiatives must drive the direction and priorities for enabling technology investments.
- Technology must enable innovative business practices and business capabilities.
At IQity, we are committed to creating value, and unlike our competitors, we are able to link enabling technologies, behavior and business process redesign to maximize value creation for our clients.
