The 10 most valuable business intelligence companies by Analytics Insight

Analytics Insight is a media, branding and technology platform that features analysis on big data, business intelligence, data management, IoT, and more.
Now they have created a list of the 10 most successful business intelligence companies for 2018. We are excited to share the news that Actify is on the list as one of the best BI companies and as part of the listing, Analytics Insight has written a comprehensive article about Actify, its solution offerings, leadership and future roadmap. Here is the full article:

 

Business Intelligence (BI) is a valuable tool to provide actionable insights and enhance decision-making for an organization. Manufacturers leverage BI solutions to sift through data from orders and materials to production and shipping – and making sense of it all. A company which is passionate about using big data and business intelligence to make manufacturing companies smarter by harnessing the product data trapped in all their data sources is Actify, Inc.

Actify understands product data, from the original designer’s product definition within engineering to disparate product data across a manufacturer’s extended enterprise. The company appreciates what it takes to get value from data, content, and documents. Actify’s core capability is extracting product data and part properties from CAD files or other engineering type documents as though it was just another database.

The company provides a set of business solutions and tools designed to support the creation, management, dissemination and collaborative use of product data (i.e. all product definition information including BOM structures, CAD files, specifications, requirements, manufacturing instructions, etc.).

For more than 20 years, Actify has been providing visualization software to the discrete manufacturing industry overcoming the challenge of sharing and communicating engineering type documents across the extended enterprise or supply chain.

Many of today’s manufacturing companies store their data in line-of-business systems like PLM, ERP and Excel spreadsheets, but not everyone has access to these systems, and the user interface may be cumbersome for the casual user. Actify enables cross-department collaboration, data management and quick access to extended product data that can help make critical business decisions faster. The company connects the dots, removing silos and barriers to effective communication.

 

Robust Product Data Intelligence Platform

Actify launched Centro, a product data intelligence platform in January 2016 and gained more than 20,000 active users within the first 12-months. This was a significant step forward in Actify’s transformation to deliver Enterprise grade ‘Product Data Intelligence’ solutions to tier 1 automotive suppliers and SMB discrete manufacturing organizations. Because deployment is measured in days, not months or years, as with more traditional solutions. Customers are reporting significant return on their investment from the deployment of Centro because of the greater insight into their existing data.

Actify defines its technology as Product Data Intelligence because today’s BI solutions do not understand product data or handle the types of files or information that are synonymous with engineering and manufacturing organizations. Discrete manufacturers data is unique because your information assets include 3D models and 2D drawings with information hidden within CAD files (dimensions, eBOM, PMI, GD&T, etc.)

Product Data Intelligence builds a rounded understanding of project, parts and data assets by uniting line-of-business systems and analysis tools. With extensive data source coverage across the enterprise, companies can manage big data environments on-premise or distributed.

 

An Experienced Leader

Chris Jones, CEO and President, Actify, Inc. leads the company with over 30 years of experience in the CAD/PLM industry. Chris established Actify’s lead development office in Edinburgh, Scotland. The UK’s fastest growing tech hub. Chris cites that the manufacturing industry has a major skill gap. Manufacturing companies cannot afford to have expensive engineers compiling and administering product data or product information. Chris and the team at Actify identified this problem as the industrial black hole and used Actify’s knowledge and experience to build a Product Data Intelligence solution to leverage the industry’s data opportunity.

Chris Jones_Actify CEO

 

 

Awards and Accolades

In March 2018, the Centro solution was reviewed by Finances Online, an independent review platform for B2B software solutions. As a result of the review, Centro has earned the prestigious award of ‘Great User Experience’ for 2018. This award is dedicated to software applications that stand out in their category based on factors including ease of use, intuitive interface, and well-designed functionalities.

In addition, Centro also earned the ‘Rising Star Award’ for 2018, as a recognition of its innovative and fresh approach to PDM and PLM for manufacturers. This award is given to new SaaS products that are becoming very popular, are getting exceptionally good customer reviews and are viewed as a software that is highly efficient in solving the issues users are facing on their respective market.

 

Insights That Support Business Decisions

Information is recognized as a business asset that can create real value. The magnitude of information is continuing to increase driven by the proliferation of data from the internet of things (IoT) and big data. While a comprehensive view of data is vital, visualizations and analysis features help businesses quickly make data-driven decisions for greater success.

BI is all about integration, automation and adding context to data. BI applications facilitate data visibility. Having the maximum amount of information available to contextualize enterprise data allows managers to make the best decisions and improve business outcomes. However, the value is not found, it’s made! BI makes the data meaningful to users and organizations by managing it well. The need for organizations to treat information as an asset will make data management and BI strategic business tools. CIOs, data and analytics leaders must act now to secure the right investment.

 

The Future Roadmap

People are continually looking for easy and fast ways to share information and get their job done. If organizations don’t provide an effective platform or environment for workers to manage data and collaborate within the organization, they’re at risk of employees connecting and sharing the data through unmanaged networks. Even if they have a system in place, people will always select the easiest route to collaborate.

For over two decades, Actify has been attentive to client feedback, working in close association with its clients. It has earned them the customers’ confidence and a reputation of being client-compatible. Actify’s enterprise solutions complement other enterprise applications and are designed for high-user adoption plus quick deployment keeping investments and resources to a minimum, so the investment is as low as buying the users a daily cup of coffee.

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