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BI Research Project

DuPont

Overview: For more than 200 years, DuPont has brought world-class science and engineering to the global marketplace through innovative products, materials and services. DuPont’s market-driven innovation introduces thousands of new products and patent applications every year, serving markets as diverse as agriculture, nutrition, electronics and communications, safety and protection, home and construction, transportation and apparel.

Operations & Services: Based in Wilmington, DE. DuPont has operations in industries such as agriculture, automotive, building & construction, chemicals, electronics, energy, food, healthcare, marine, mining, packaging, plastics, and safety.

SiSense Overview

Company Overview:

Sisense was founded in 2004 in Tel Aviv by Elad Israeli, Eldad Farkash, Aviad Harell, Guy Boyangu and Adi Azaria. The company worked in stealth mode on research and development until 2010, when initial investors, including Genesis Partners, Opus Capital and Eli Farkash, provided $4 million in Series A financing.

Amit Bendov was appointed CEO in July 2012.

n April 2013, Sisense announced a $10 million series B funding round led by Battery Ventures, with participation from Genesis Partners and Opus Capital.

In June 2014, new investor Draper Fisher Jurvetson Growth (DFJ Growth) led a $30 million series C funding round with participation from existing investors Battery Ventures, Genesis Partners and Opus Capital.

In 2015, Amir Orad was appointed CEO.

The company's software is used by companies in 49 countries. Customers include Target, Wix, and Samsung.

SiSense has offices in New York City and Tel Aviv

SiSense Product

Sisense offers a better, faster way to deliver actionable business intelligence to managers in consumer products organizations. When the management team of a consumer products organization has access to flexible, granular analysis based on data combined from disparate systems and data sources, new levels of strategic thinking and decisions are achieved. Benefits include the ability to:

Attract more customers

Increase customer loyalty

Increase market share

Optimize profit margins

Improve operational efficiency

Reduce inventory levels

Ensure and document regulatory compliance

Conventional BI and reporting systems take too long to implement and are too inflexible to provide the kind of real-time, drill-down, ask-any-question data analysis which managers need to change the rules of the consumer products analytics game.

Sisense offers an entirely new way to deliver fresh, actionable intelligence to managers in organizations of consumer products. No other BI solution in the world lets non-techies take large amounts of scattered data and create beautiful BI dashboards as quickly or as easily. That’s why Sisense is called the “Robin Hood of the BI world” – they bring data justice to everyone, not just the technical experts or big companies with endless resources. The powerful technology we use to design our BI software so users don’t need to write complicated code or rely on IT , so anyone can build a dashboard from multiple large data sets, using any device. Unlike other BI vendors, Sisense is a business intelligence data visualization software and no additional or third-party software is required.

Benefits & Features:

Join data from multiple sources

Analyze with data visualizations

Share interactive dashboards

Wix Case Study

Overview:

Wix.com (Nasdaq:WIX) is a leading cloud-based web development platform with over 42 million registered users worldwide, as of December 31, 2013. Wix was founded on the belief that the Internet should be accessible to everyone to develop, create and contribute. Through free and premium subscriptions, Wix empowers millions of businesses, organizations, professionals and individuals to take their businesses, brands and workflow online. The Wix Editor and highly curated App Market enable users to build and manage a fully integrated and dynamic online presence. Wix has helped users to build more than 42 million websites to date, and it’s not surprising that the company needed an analytics and reporting solution that could manage high-volume data quickly. Tracking conversions, marketing campaign efficacy, and user behavior was an important part of Wix’ plan to stay on top.

Challenge:

Wix grew from a small start-up to a formidable company with millions of users, thousands of Website templates, and fee-based premium packages. Interpreting user data correctly was an integral part of the plan to remain competitive and the team at Wix identified a set of key requirements they expected from their BI tool:

Derive insight based on behavioral data from numerous sources

Ability to differentiate between free and paid users and chart activity across the site

React quickly to changes

Ability to generate reports on the fly to track the success of marketing campaigns or changes in product user behavior

A tool that non-IT employees and management professionals could use for ongoing operational analysis

Solution:

Before Wix began using Sisense, the company’s approach to organizing high-quality data that could be both analyzed and shared across the company was extremely time consuming and labor-intensive. Data was largely managed via scripting, and reports were difficult to explore and change. After testing software from a number of leading BI vendors, Wix chose Sisense. Sisense was the most flexible of the solutions Wix tried, with easy-to-build dashboards that allowed for customized reporting. Fast data handling mattered as well, since millions of Wix users around the world generated an especially high-volume data stream. Sisense delivered on this front as well, thanks to a columnar database schema and in-memory technology. Implementation of the new Sisense software was managed by the senior business intelligence analyst at Wix without outside help or massive hardware purchases. Users found it simple to upload/connect any kind of data, including MS-SQL, Oracle and MySQL databases, Excel and CSV files, and direct API access to Google Adwords and Google Analytics data. On the server side, ElastiCube builds were fast, and the ability to perform ETL within the ElastiCube gave the Wix business intelligence team extensive flexibility.

Magellan Vacations Case Study

Overview

In 2000, a travel professional realized that there was a huge niche market for travel: luxury hotel bookings focusing strictly on four- and five-star properties. Magellan Vacations was born. The company caters to discerning travelers looking for personalized recommendations about the location, view, and overall comfort of each hotel room.

Instead of booking a room online, Magellan Vacations customers converse with carefully-trained booking agents. These agents have stayed in the luxurious hotels they book for clients in core destinations like Los Angeles, Miami, and New York City. Magellan Vacations agents work hard to deliver a luxury hotel experience that begins with the phone call. The company employs over 75 people, including booking agents, a marketing department, and IT staff.

Challenge

Because Magellan Vacations clients speak to agents by phone, the company needs to track typical sales metrics, like closing rates, commissions, and bookings by destination. When Andrew Vignuzzi, COO came on board Magellan Vacations, the company was already testing a leading in-memory technology – but the software’s performance was sub-par. It required specialist IT resources to work with the tool proprietary scripts and consultants to work with and modify the application. Put simply, this tool wasn’t living up to our needs.

Vignuzzi wanted everyone in the company to be able to work quickly with data and Magellan needed a solution that had three main requirements:

1 Near real-time feedback for agents on sales closings, destination performance, and other metrics that would help them better serve customers;

2 A dashboard and report-building mechanism that was simple enough for non-technical users to be able to create their own reports and drill down into data

3 Agile and scalable dashboards that don’t require major infrastructure upgrades, and won’t slow existing infrastructure as reports are generated.

Solution

Sisense wasn’t the first solution Magellan Vacations tried to wrangle its data with. The company had used several tools, but was either running into usability, cost or infrastructure challenges. To keep the tool it had prior to Sisense, the company would have needed to outsource reporting at great cost and would have had to hire a new IT staff member, to the tune of $80,000 per year on top of the cost of software.

Luckily, Vignuzzi found Sisense. The solution offered what he and his team needed: a near real-time dashboard that didn’t bog down the company’s servers no matter how many data sources it accessed, and a solution intuitive enough to allow non-technical users to create their own reports.

Sisense can handle any size data, with a near real-time query speed over large, various and disparate data sets. Users don’t need SQL knowledge to use it, and marketing and operations can be more engaged in the reporting process. Sisense took the burden off IT for reporting and results in a lower total cost of ownership. “We wanted a solution that would solve the real-time requirements of the sales floor,” Vignuzzi said. “Sisense can handle that kind of data problem, slice and dice information to provide the best visualization. Plus, end users could create the reports themselves.”

EDA Case Study

Company Overview

Equipment Data Associates (EDA) serves approximately 12 different industries by collecting, aggregating, and analyzing industry data for the purposes of extracting market insights. The company was founded in 1998 and today is a wholly owned subsidiary of Randall-Reilly. EDA serves industries that require financing heavy capital purchases like construction, machine tools, and agriculture. Its products service three major sectors in the industry: OEM (original equipment manufacturers) which are the companies building the equipment like John Deere or Caterpillar; the dealer network which includes companies who have exclusive rights within specific territories to sell the equipment; and “after-market” companies which are businesses that sell complimentary services or products to the main industry (such as parts). Sonny Rivera, VP of Information Technology, has been working in the industry for nearly 25 years. When he started working at EDA about five years ago, data analysis was handled by one person who managed it all with an Excel spreadsheet. Throughout his time at EDA, Sonny transformed a 1-person technology team into a software product development team of about 15.

Needs

Making the transition from being a data provider to an insight provider

Simplifying the data management and distribution process

Better control of dynamic analysis environment

Easier ongoing maintenance of analysis products

Why Sisense?

Insightful, value-added and actionable reporting

Fast performance & intuitive interface

Significant ROI

Demo

http://www.sisense.com/demo/