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Wincor Nixdorf expands bank consulting in business intelligence
December 18, 2008
PADERBORN, Germany — Wincor Nixdorf AG is enhancing its consulting portfolio for the banking business.
According to a news release, Wincor Nixdorf plans to expand its business intelligence into its overall consulting business. Wincor Nixdorf says it is responding to the increased demand for specialized knowledge in the area of designing and integrating business-intelligence solutions.
A Business Week survey, in which some 700 European and American companies were polled, shows that nearly 80 percent of managers complain that they have insufficient or imprecise information for important business decisions. The same number of managers also reported knowing of bad decisions that were made on the basis of insufficient information.
"First, we analyze the starting situation, pin down goals and develop the project strategy," Wincor says. "In a second step, we identify the various processes and user concerns, define the key figures and determine the recipients, contents and structure of the reports. These first two steps are followed by the development of the new process and system design. A test environment is developed on this basis and a prototype BI solution installed. System, applications and data quality are then examined in a test phase, after which the system is configured and is put into operation."
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