Yellowfin 6.2 to Tackle Historically Low Business Intelligence User Adoption

(PRWEB) November 27, 2012

Register for the official Webinar launch here: http://www.yellowfinbi.com/YFCommunityNews-Yellowfin-6-2-launch-Webinar-A-better-way-to-deliver-BI-121552

Yellowfin CEO, Glen Rabie, said that the release included many significant enhancements and additions to the vendors Collaborative BI capabilities, aimed at addressing notoriously low BI user adoption rates.

The consumerization of BI only got it half right we needed to make BI easier; and we have, said Rabie. But most people dont want to write reports or do self-service analysis. They just want answers. And, they want to share those answers with the people they trust, enabling them to collaborate and then make better decisions. Thats what Yellowfin 6.2 is all about.

Recent studies by TDWI and BIScorecard suggest that most BI deployments only experience a 24 or 25 percent adoption rate. International analyst and advisory firm, Gartner, has previously stated that 80 percent of BI projects fail, citing poor communication and collaboration as the primary reasons.

The failure rates of BI implementations, and persistently low user adoption rates, are indeed reflective of our inability to reimagine the way in which we communicate the key messages represented by data, said Rabie. According to Information Masters, 75 percent of BI success is determined by factors other than data and core analytical technology so thinking about how data is presented, shared and discussed in order to enable effective decisionmaking is paramount.

Rabie said that when developing new content sharing and presentation functionality for 6.2, to enable a wider breadth of users and user types to benefit from BI content, Yellowfin turned to common models and patterns of content creation and consumption found in prominent social media platforms.

Bradley Horowitz, VP of Product for Google+, said Google applied the 1:9:90 rule to Google+, stating that social software sites dont require 100 percent active participation to generate great value, said Rabie. What he meant by this, is that only around one percent of users have to create content for that platform to provide a rich and valuable experience for its total usership. Nine percent of the user base then synthesizes and shares that information, while the other 90 percent simply consumes it and thats all they want to do.

Eighty to ninety percent of potential BI users simply want to use the insight generated by their BI tool to make better decisions. They dont want to create content. If you can facilitate that need, you can unlock the usefulness and power of BI and instill an analytic culture throughout an organization thats what weve achieved with Yellowfin 6.2.

Register for the official Webinar launch of Yellowfin 6.2 here: http://www.yellowfinbi.com/YFCommunityNews-Yellowfin-6-2-launch-Webinar-A-better-way-to-deliver-BI-121552





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About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative and embeddable BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or product demonstration, please contact:

Lachlan James, Communications Manager on +61 03 9090 0454, 0431 835 658 or lachlan.james@yellowfin.bi

For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence), or email pr@yellowfin.bi to subscribe to Yellowfins free e-newsletter.

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Yellowfin launches Storyboard, redefines information delivery paradigm for BI

(PRWEB) December 03, 2012

Yellowfins Storyboard redefines the information paradigm for communicating and acting on data, by offering a fully integrated and interactive PowerPoint-like presentation module for BI content.

Storyboards presentation-oriented User Interface (UI) enables the fact-based insight gleaned from BI to be naturally incorporated into organizational decision-making processes, while empowering a wider array of people from non data-centric backgrounds to share and benefit from BI.

By blending BI with a comprehensive presentation platform, Storyboard enables users to integrate fully interactive data-rich presentations into their natural decision-making processes, to generate an analytics culture, realize ROI and drive real fact-based action, said Yellowfin CEO, Glen Rabie.

For the most part, the way dashboards the status quo for visualizing analytical information communicate and display information has remained fundamentally stagnant, failing to adapt to the shifting user base for reporting and analytics. This of course, is a big problem, said Rabie. Storyboard will solve the problem, and change the way people consume and act on data.

Storyboard is fully integrated into the core Yellowfin application, and comes as part of a standard Yellowfin license. Users access Storyboard by logging into their Yellowfin instance via the browser and navigating to the Storyboard tab on the Yellowfin UI.

Storyboard: Core features and functionality

Like the core Yellowfin application, Storyboard is completely Web-based, allowing users to share and view Storyboard presentations anywhere, anytime. Being Web-based also ensures that all users, permitted to view a Storyboard, have access to one uniform version unlike PowerPoint.

For more detail on the features and functionality of Yellowfins Storyboard, download the Storyboard Fact Sheet: http://www.yellowfinbi.com/Document.i4?DocumentId=179578

Rich content such as images, graphics or video can be added to any slide within a Storyboard. Users can also embed fully interactive Yellowfin reports to any Storyboard slide.

This feature enables users to explore their data collectively during presentations, in conjunction with supporting material, to help contextualize its significance and underpin fundamental data-based decision-making.

Reports can be explored with the full breadth of functionality offered via the core Yellowfin application.

Storyboard is an enormously powerful tool for sharing and communicating data to people of all business backgrounds, said Rabie. As companies, we spend a lot of time and money working out how to capture information. Allowing people to connect to and share that knowledge is what good information management, and Storyboard, is all about. Its about telling stories with your data.

Applying Global Filters to a report, or set of reports, within a Storyboard allows that presentation to be viewed by multiple audiences, while ensuring they can only view the data relevant to them.

The Associated Content feature lets users add up to five secondary slides to each primary slide within a Storyboard, to help substantiate or contextualize key concepts.

Users can add entire Storyboards to a searchable list of favorites, while individual slides can be bookmarked for later reference.

Bookmark Snapshots a static, screenshot-like image allows users to take a snapshot of a report within a Storyboard slide for later reference, capturing the data within that report at that specific point in time.

Intuitive drag and drop, or click and swipe functionality allows reports, images, video or text to be easily maneuvered and resized to quickly create highly consumable and communicative presentations.

Additionally, Storyboards can be saved and archived for later reference. Storyboard archiving lets users update an existing Storyboard, while storing a copy of the previous and original Storyboards. And, Storyboard auto-save means that if a mistake or an unwanted addition is introduced, the presentation can be easily rolled-back to the previous version.

Each specific Storyboard presentation is auditable and securable. Users can monitor how many, and which, users have viewed each Storyboard. Access to each Storyboard can also be restricted to certain user types or individual users.

The ability to add notes and comments to slides allows users to insert complimentary ideas and information into their Storyboards. Individuals can add personal notes to Storyboard slides that only they can view. Comments can be private or public. Private Comments can only be viewed by the original author and selected individuals. Public Comments can be viewed by any user with permission to access that Storyboard.

Storyboard Distribution enables a specific Storyboard to be sent straight to the inbox of selected individuals, facilitating swift knowledge transfer and information sharing.

Users can also create their own Storyboard theme. Adding or changing slide themes within Storyboard enables presentations to be quickly and easily tailored to reflect corporate color schemes and branding. Those themes can be saved and shared with other users for effortless replication.

Addressing poor user adoption and high BI failure rates: Reimagining how key messages represented by data are communicated

Gartner has indicated that around 80 percent of BI projects fail, suggesting that only one in five BI programs are capable of positively impacting decision-making. Gartner cite poor communication and collaboration as the primary reasons.

Gartner also reported that only 28 percent of potential BI users within most organizations currently use the technology to make decisions, continuing to hamper ROI throughout 2011 and 2012. Recent research by TDWI and BIScorecard found that adoption rates languish at 24 and 25 percent respectively.

The failure rates of BI implementations, and persistently low user adoption rates, are reflective of our inability to reimagine the way in which we communicate the key messages represented by data, said Rabie. According to Information Masters, 75 percent of BI success is determined by factors other than data and core analytical technology so rethinking how data is presented, shared and discussed in order to enable effective decisionmaking is paramount. Storyboard addresses that need.

Storyboard will be made publicly available as part of the latest release of Yellowfin, Yellowfin 6.2. Yellowfin 6.2 will be made generally available from 7 December 2012.

Yellowfin 6.2 will be official launched in a series of Webinars throughout Monday 3 and Tuesday 4 December 2012.

Register for the official Webinar launch here: http://www.yellowfinbi.com/YFCommunityNews-Yellowfin-6-2-launch-Webinar-A-better-way-to-deliver-BI-121552





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About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or pr

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Yellowfin 6.2 Makes it Even Easier to Consume and Act on Business Intelligence

(PRWEB) December 07, 2012

Watch the official Webinar launch of Yellowfin 6.2 on-demand: http://www.youtube.com/watch?v=Q5YHh-9EMcs

For a comprehensive list of all product additions and enhancements included in Yellowfin 6.2, download the official release notes: http://www.yellowfinbi.com/Document.i4?DocumentId=180231

Yellowfin CEO, Glen Rabie, said that the release, available for download from Friday 7 December AEDT, reflected Yellowfins continued commitment to democratizing BI, and enabling people of all business backgrounds to benefit from the insights offered by reporting and analytics.

Yellowfin 6.2 focuses on enhancing the features and functionality that the BI marketplace is demanding the things that we know our customers already love about Yellowfin, said Rabie. Yellowfin 6.2 with its new streamlined User Interface, enhanced collaborative capabilities and report sharing options, as well as new persuasive chart types is all about making BI more usable, shareable and powerful.

Our goal is to meet and exceed the expectations of, and demand for, consumer-oriented BI to enable more people to make the best business decisions possible.

For the last two years, Gartners Business Intelligence Magic Quadrant survey has found that ease-of-use rated above product functionality as the number one purchase criteria for organizations when selecting a BI solution.

Major features, enhancements and improvements of Yellowfin 6.2

The major additions and enhancements of Yellowfin 6.2 include:



A restyled User Interface to boost interactivity, search and navigation. Enhancements include:



o

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Yellowfin to Host Collaborative Business Intelligence Best Practices Event

(PRWEB) December 10, 2012

Register for a Webinar time HERE >



http://www.yellowfinbi.com/YFCommunityNews-Webinar-Event-Collaborative-BI-Best-Practices-122683

According to Gartner, 80% of BI projects fail, largely due to poor communication and collaboration, said Yellowfin CEO, Glen Rabie. Collaborative BI the integration of information sharing features and functionality of popular Web 2.0 technologies and social media platforms within a BI platform has been vaunted by many industry analysts and pundits as the answer to BI failure and persistently poor BI user adoption rates.

This best practice Webinar will outline how to leverage Collaborative BI capabilities to underpin BI success.

The upcoming Collaborative BI Best Practices Webinar series will explain how to:



Add context and human knowledge to organizational data assets to unearth BIs true usefulness



Instill an analytics culture within an organization and take the best collective fact-based action possible



Utilize Collaborative BI best practices to increase user adoption and BI ROI

As a feature-set, Collaborative BI is capable of facilitating pervasive BI deployments, underpinning an analytical culture, and hence supporting improved BI ROI via better, faster enterprise-wide decision-making, said Rabie.

Rabie said that key benefits of embracing best practice Collaborative BI included:



The ability to facilitate cross functional and departmental knowledge sharing and building



The ability to derive amplified value from data assets



The ability to make faster, better, more cohesive fact-based decisions



Improved external stakeholder collaboration



The ability to respond to business threats and complete key projects faster



Decreased timelines for crucial business process and time-to-market for new products or services



Improved employee satisfaction stemming from heightened sense of voice

According to research reported by Information Management, best practice Collaborative BI deployments have the ability to improve productivity and visibility across the breadth of organizational operations, via enhanced knowledge sharing. The study found that those organizations that embraced and implemented best practice Collaborative BI enjoyed a 44 percent improvement in customer responsiveness, a 42 percent boost in employee productivity, a 30 percent increase in business process efficiency, and a 40 percent rise in BI adoption.

There are three concise forty minute Webinars scheduled throughout Monday 17 and Tuesday 18 December.

Following the Webinar, attendees will receive a recording of the presentation for on-demand viewing.

To register for a session, click HERE >



http://www.yellowfinbi.com/YFCommunityNews-Webinar-Event-Collaborative-BI-Best-Practices-122683

END -



About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative and embeddable BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or product demonstration, please contact:

Lachlan James, Communications Manager on +61 03 9090 0454, 0431 835 658 or lachlan.james@yellowfin.bi

For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence) or email pr@yellowfin.bi to subscribe to Yellowfins free e-newsletter.

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Yellowfin Business Intelligence wins Global Growth category at 2012 Cool Awards

(PRWEB) December 11, 2012

The Global Growth Award is bestowed upon an Australian company that has achieved outstanding global growth, or demonstrated the potential to expand outside its traditional boundaries and grow globally, through innovative or entrepreneurial means.

Yellowfins unique product and company culture has helped to differentiate us from competitors, and were now reaping the benefits of that distinctive approach through expansive company growth and industry recognition, said Yellowfin CEO, Glen Rabie. This award validates our approach to the Business Intelligence marketplace, and renews our mandate to keep making Business Intelligence as easy-to-use and accessible as possible for people of all business backgrounds.

Over 700 aspiring cool companies were nominated for the 2012 awards, making The Cools one of Australias largest business award programs.

The 2012 Cool Company Award winners were announced at an event in Melbourne on 6 December 2012.

The Cool Company Awards, now in its seventh year, is a national program that was developed in 2006 to recognize Australian companies that are doing things differently to bring about positive change.

-END-

What are Cool Company Awards?

The Cool Company Awards were launched in 2006 as a way for Anthill Magazine to publicly acknowledge and celebrate Australian organizations that are doing things differently to bring about positive change. In its seventh year, the awards attracted nominations from over 700 organizations, making it among the largest business award programs in Australia.

About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative and embeddable BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or product demonstration, please contact:

Lachlan James, Communications Manager on +61 03 9090 0454, 0431 835 658 or lachlan.james@yellowfin.bi

For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence), or email pr(at)yellowfin(dot)bi to subscribe to Yellowfins free e-newsletter.

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The Really Melbourne Team is commited to growing our coverage of all events, business, and general conversation around The City of Melbourne.

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via WordPress http://www.reallymelbourne.com.au/yellowfin-business-intelligence-wins-global-growth-category-at-2012-cool-awards-2/

Yellowfin Business Intelligence wins Global Growth category at 2012 Cool Awards

(PRWEB) December 11, 2012

The Global Growth Award is bestowed upon an Australian company that has achieved outstanding global growth, or demonstrated the potential to expand outside its traditional boundaries and grow globally, through innovative or entrepreneurial means.

Yellowfins unique product and company culture has helped to differentiate us from competitors, and were now reaping the benefits of that distinctive approach through expansive company growth and industry recognition, said Yellowfin CEO, Glen Rabie. This award validates our approach to the Business Intelligence marketplace, and renews our mandate to keep making Business Intelligence as easy-to-use and accessible as possible for people of all business backgrounds.

Over 700 aspiring cool companies were nominated for the 2012 awards, making The Cools one of Australias largest business award programs.

The 2012 Cool Company Award winners were announced at an event in Melbourne on 6 December 2012.

The Cool Company Awards, now in its seventh year, is a national program that was developed in 2006 to recognize Australian companies that are doing things differently to bring about positive change.

-END-

What are Cool Company Awards?

The Cool Company Awards were launched in 2006 as a way for Anthill Magazine to publicly acknowledge and celebrate Australian organizations that are doing things differently to bring about positive change. In its seventh year, the awards attracted nominations from over 700 organizations, making it among the largest business award programs in Australia.

About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative and embeddable BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or product demonstration, please contact:

Lachlan James, Communications Manager on +61 03 9090 0454, 0431 835 658 or lachlan.james@yellowfin.bi

For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence), or email pr(at)yellowfin(dot)bi to subscribe to Yellowfins free e-newsletter.

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via WordPress http://www.reallymelbourne.com.au/yellowfin-business-intelligence-wins-global-growth-category-at-2012-cool-awards/

Yellowfin and Elastic Intelligence Partner to Make Cloud Business Intelligence Easy

(PRWEB) December 13, 2012

News

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Yellowfin Collaborative BI Best Practice Webinar Responds to Market Demand

(PRWEB) December 14, 2012

The Webinar series will run throughout Monday 17 and Tuesday 18 December.

Register for a Webinar time here: http://www.yellowfinbi.com/YFCommunityNews-Webinar-Event-Collaborative-BI-Best-Practices-122683

Today, a younger social media savvy generation is entering the workforce, bringing with them new skills and expectations regarding the delivery of information, said Rabie. This demographic shift, in conjunction with the continuing development and proliferation of collaborative technologies, has helped drive the emergence of collaborative decision-making (CDM) software capable of improving organizational efficiencies and performance. The rise of Collaborative BI is part of that trend.

Demand for best practice Collaborative BI

Rabie said that factors driving demand for Collaborative BI within the enterprise included:



1.

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PSA Software Solutions Leader, Solutions360, Signs Business Intelligence Partnership Agreement with Yellowfin

Praxa Signs Business Intelligence Partnership Agreement with Yellowfin

Solutions360 Signs Business Intelligence Partnership Agreement with Yellowfin

Business Intelligence vendor Yellowfin to host 2013 Think Tank Conference

Yellowfin enhances Collaborative BI feature set with Storyboard: EMA

Yellowfin and Elastic Intelligence to Host SaaS Data Integration Best Practice Event for BI

Gartner Global Manager for Analytics and BI to Keynote at Yellowfin Conference

Business Intelligence Vendor Yellowfin Releases Think Tank 2013 Program

(PRWEB) February 08, 2013

The Think Tank 2013 Conference will run across two days, Monday 4 and Tuesday 5 March 2013, in Melbourne, Australia Yellowfins international headquarters.

To access a downloadable PDF version of the official Conference Program, register for the Think Tank here: http://www.yellowfinbi.com/yf_conference.jsp

Alternatively, contact pr(at)yellowfin(dot)bi for further details.

The Conference Program includes:



An introductory welcome address from Yellowfin CEO, Glen Rabie



A quick guide to Melbournes laneway culture and places to visit



An agenda outlining the 30 plus learning and training sessions on offer at Think Tank 2013



An overview providing a synopsis of each session



Suggested accommodation options

The Conference Program showcases the great learning, sharing and networking opportunities at Think Tank 2013, and highlights some of Melbournes most iconic laneway destinations and tourist attractions that our interstate and international participants should take advantage of, said Yellowfin CEO, Glen Rabie. Think Tank 2013 offers a thought-provoking and fun data-filled two days, which will challenge attendees perception of BI, and improve their Yellowfin experience.

Yellowfins global Think Tank 2013 Conference will be held throughout Monday 4 and Tuesday 5 March at Karstens conference and training center in Melbourne, Australia.

For more information, and to claim a copy of the official Conference Program, register here: http://www.yellowfinbi.com/yf_conference.jsp





About Yellowfin

Yellowfin is a global Business Intelligence (BI) software vendor passionate about making BI easy. Yellowfin is headquartered and developed in Melbourne, Australia, offering a highly intuitive 100 percent Web-based reporting and analytics solution. Founded in 2003 in response to the complexity and costs associated with implementing and using traditional BI tools, Yellowfin is a leader in mobile, collaborative and embeddable BI as well as Location Intelligence and data visualization. For more information, visit http://www.yellowfinbi.com





What is Business Intelligence software?

Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.

For further media information, interviews, images or product demonstration, please contact:

Lachlan James, Communications Manager on +61 03 9090 0454, 0431 835 658 or lachlan.james@yellowfin.bi

For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI), LinkedIn (Yellowfin Business Intelligence) or email pr(at)yellowfin(dot)bi to subscribe to Yellowfins free e-newsletter.

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