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Mo’mix Solutions Blog

How a Texas County is using Data to Drive Better Budget Planning and Management

From Siloed Data to Increased Organizational Productivity: How Momix Solutions Embedded Analytics to Ease Reporting for Public Sector & Higher Education Organizations

This is a guest blog from Pentaho’s customer, Erin Latham. Erin is the CEO and Founder of Mo’mix Solutions and an OEM partner of Pentaho since 2009. Mo’mix Solutions provides Performance Center a Cloud Based Performance, Budgeting, Operational Intelligence and Transparency Platform that leverages Pentaho Embedded Analytics.

Video: http://www.pentaho.com/blog/2016/03/11/how-mo-mix-helps-create-transformative-value-pentaho-etl-tools

It’s the age of big data, which means just about every business and private sector organization under the sun is stocking up on massive amounts of it. What’s worth noting, however, is that a shocking 88 percent of what’s being collected is never analyzed.

A major contributor to this trend is siloed data — where one department “owns” certain information and keeps it isolated from the rest of the organization. Like grain in a farm silo, this data is closed off from all outside elements. Data silos have both technical and cultural origins. On the technical side, enterprise resource planning (ERP) and other legacy software applications store tons of business information, yet their designs make it challenging to use the data in any actionable way.

How Data Silos Hurt Your Organization

Data silos can impact an entire organization, but three areas in particular hurt the most.

Budget and Financial Planning: Budgetary data silos typically result from the limited amount of insights organizations gain from ERP application reports and traditional Excel spreadsheets. The finances of the past year tend to be presented as a simple summary of budgeted spending versus actual spending. When this is all departments see, they don’t truly understand how or why dollars are being spent, and they don’t know how to properly plan their budgets for the next year.

Information Technology: Data silos place an especially heavy burden on IT staffs. These are the people who end up being tasked with maintaining siloed systems, managing the growing infrastructure of data, and putting that data to use. IT departments are often understaffed and working on shoestring budgets as it is, so dealing with data that is siloed across the entire organization only stretches them thinner than they already are.

Human Resources: With a limited view into siloed data, HR can only realistically access and use a small portion of information about its organization’s workforce. This makes it particularly difficult to analyze employee engagement, prevent unexpected departures, and prepare succession plans. Each of those people’s succession plans will impact many aspects of an organization, from strategy alignment to payroll to benefit costs. Without access to the full picture of data, it becomes challenging for HR to plan accordingly.

Momix’ Solutions: Momix Performance Center

Embedded analytics is a way to make use of your data for informed decisions in a cost-effective way to uncouple siloed legacy ERP or transactional applications. In its most basic definition: “Embedded analytics is the integration of data with predefined reporting outputs and capabilities within business process applications. It provides relevant information and analytical tools designed for the task at hand so users can work smarter and more efficiently in the applications they use every day.” While many transactional systems have reporting elements to them, many are predefined and not flexible when different departments are looking to make informed decisions.

Utilizing Pentaho Data Integration and Business Analytics, Momix Solutions, an 8 year Pentaho OEM partner, embedded analytics to create an analytical cloud reporting solution that serves any ERP system. This has allowed Momix’ clients in both public and private sectors to leverage existing transactional ERP systems with a reporting solution that is designed to allow them faster access to data in an easy to use and more affordable approach.

Momix Performance Center offers clients higher visibility into data stored in any source such as ERP or Student Information Systems, resulting in the following returns:

  • Cost savings to public sector organizations
  • Clients save an average of 300 consulting hours per year that would otherwise be spent on closing books at year-end and preparing for outside audits

Pentaho and Momix will be hosting a webinar discussing their use case in detail, including testimonial from Momix’s client Brazoria County, TX, and a demo of the embedded analytics solution on July 12th from 10-11 CDT. Register for it here:

http://events.pentaho.com/momix-pentaho-oem-webinar-071217.html

 

 

 

 

 

 

 

 

Embedded Analytics- A Cloud Success Story Webinar

Register Here:

http://events.pentaho.com/momix-pentaho-oem-webinar-071217.html

Join this 30 minute webinar and Q&A to hear about this embedded analytics use case from multiple perspectives and learn:

  • How Mo’mix leveraged Pentaho to empower their customers with self-service analytics
  • How providing better data & analytics access drove ROI for the product and increased customer productivity
  • How Mo’mix’s customer, Brazoria County, TX, utilized these analytics to drive better decision-making and deliver transparency on organizational spending

SPEAKERS

Erin Latham, President, Mo’Mix Solutions
Connie Garner, County Auditor, Brazoria County – TX
Jeanne Ngo, Product Marketing Manager, Pentaho

WHEN

Wednesday, July 12 | 8:00 am PDT / 4:00 pm GMT

What’s Really Needed for Data-Driven Government

“While poor data quality, the challenges of pulling and integrating data from legacy IT systems and the difficulty of persuading stakeholders to embrace open data can all be stumbling blocks to a data-driven government, there are proven ways local governments can improve data governance.”  Kathleen Hickey highlights tips in her article below:

https://gcn.com/articles/2016/12/22/data-governance-challenges-solutions.aspx

Mo’mix Solutions Listed Among Companies Supporting Open Data

We are thrilled to see Mo’mix Solutions listed as an open data technology in ENVISIO’S article about the new practices and new technologies in support of openness and transparency.

“Using interactive dashboards, Mo’mix supports transparency and open data for better performance insight, and the ability to share information with the public, such as spending, budget to actual, revenue. It enables data to be captured, transformed and shared in meaningful ways, allowing the audience to be more engaged and involved with operations.”

Read the article in it’s entirety by clicking on the link below:
http://blog.envisio.com/open-data-technologies-you-should-know-about

6 Ideas to Help Government Realize Open Data’s Transformative Power by Colin Wood

“The disconnect between the massive operational potential that open data holds and government’s slow movement toward harnessing it can be explained simply.”

“Government thinks open data is an add-on that boosts transparency, but it’s more than that. Open data isn’t a $2 side of guacamole that adds flavor to the burrito. It’s the restaurant’s mission statement.”

In his article, Colin Wood suggests 6 ideas that can help government understand the power behind their own data.

http://www.govtech.com/data/6-Ideas-to-Help-Government-Realize-Open-Datas-Transformative-Power.html

Why IT Needs To Tear Down Data Silos

Making quality data available to decision-makers across the organization is our job as IT professionals. Jonathan Feldman, CIO of the City of Asheville, NC, tells us why IT must find ways to prevent data from disappearing into corporate silos, never to be seen, shared, or acted upon.

In his article, Jonathan tells us, “Why Data is Like Raw Produce; If business value is the meal, and analytics is the cooking, then good  data is the raw produce.”

“When we accept excuses for not sharing data throughout the organization we represent, we reduce the future performance of our organization.”  Read his informative article by following the link below:

http://www.informationweek.com/strategic-cio/digital-business/why-it-needs-to-tear-down-data-silos/a/d-id/1324770

 

4 Steps to Eliminate Data Silos and Unlock Your Data (Industry Perspective)

“Government entities have a duty to provide frequent and accurate transaction-level reports to citizens — and the smallest slip-up can spell big trouble once erroneous information reaches the public’s eyes.”

In her article, published by Government Technology, our very own, Erin Latham, gives her 4 recommendations for helping keep your data accurate.

http://www.govtech.com/opinion/4-Steps-to-Eliminate-Data-Silos-and-Unlock-Your-Data.html

 

Report: Public Sector Must Embrace Change to Embrace Data’s True Value by Adam Stone

When it comes to data, the research suggests government is limited not by a lack of data, but by the process and tools it uses to examine it. Before data transformations can occur in government, researchers argue the institutions using it must embrace strategic change.

“In addition to improving it’s own processes, and optimizing data for general use, government has yet another role to play in driving the data revolution.”  “While lots of good work is being done with data, we are estimating only 10 to 20 percent of the potential has been realized.” In his article, Adam Stone delves into governments’ role in driving the data revolution. Read his full article by clicking on the link.

http://www.govtech.com/data/Report-Public-Sector-Must-Embrace-Change-to-Embrace-Datas-True-Value.html

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