Insurance Companies
Insurance companies usually have business intelligence solutions that enable increasing profitability and managing risk. Key performance indicators (KPI) in such solutions often include sales growth, return on equity, internal growth rate of capital, and product profitability and margins.
Recent customer relationship business intelligence projects occurring at insurance companies are driven in response to banks and other financial companies invading their turf. Goals of such projects include improving customer satisfaction, growing numbers of customers, increasing customer profitability, and increasing customer retention. Since the more innovative insurance companies are now also selling policies directly via the Internet, customer web site usage behavior introduces another source of data to evaluate.
Healthcare business management
Healthcare business management requirements vary based on the degree of government involvement. We divide the discussion on healthcare into providers and payers. The providers might be the government, health maintenance organizations, independent providers, or a mixture. The payers are insurance companies or the government. Regardless, a common thread across both of these groups everywhere seems to be the increasing need for quality of care analysis in order to understand the effectiveness of initiatives designed to contain costs
Innovative thinking
AXIS Healthcare Management Network will consists of primary care physicians, occupational (Job-Related) health and rehabilitation (Therapy) specialists, ancillary (Supplementary) service providers, and hospitals, dedicated to reducing medical costs. Our customers are among the nation's leading insurers as well as managed care companies, self-insured employers and third party administrators
Many banks and financial advisors build business intelligence solutions providing customer analysis (including profitability and retention), targeted marketing, and improving the ability to up sell and cross sell services and products. Business intelligence is also used in banking and financial advisor services companies to plan budgets, manage portfolios, determine effectiveness of marketing, determine locations and performance of branch sites, and for other day-to-day business management needs
Manufacturing
Today, much of the focus in retail is to link point-of-sales information to the supply chain to assure the right goods are available for purchase. But a number of other key business requirements properly staffed to optimally service customers and maximize sales, solutions providing staffing analysis are increasingly deployed. The layout of goods in a store can influence what purchases are made, so customer market baskets are often compared in different stores to determine optimal store layout that will maximize sales revenue. Merchandise loss prevention, analysis of promotion effectiveness, merchandise category management, analysis of customer buying behavior, analysis of gift card sales and redemption, and real estate management are just a few of the other areas typically addressed in retail business intelligence projects
The retail business
Today's manufacturers business models often rely on an ever-growing array of suppliers while the customers of these goods (for example, the retail stores and assemblers) try to reduce their inventory of finished goods and mandate that the manufacturers produce their goods just-in-time. Key to starting an initiative in this type of business is to understand all of the business drivers within the company as well as initiatives in competitors tracking changes in customer demand and warranty analysis in the manufacturing process
