Note: This is a guest post written by Stacie Spencer – Amid the forefront of data innovations, the emergence of AI has been a game-changer. According to McKinsey, AI is reshaping roles and enhancing performance across various functions, contributing to a potential annual value of AU$6.64 trillion. However, while AI adoption is on the rise, it also presents significant business challenges. These challenges encompass data security, governance, and the strategic identification of valuable data.
“Businesses need to have a very profound understanding that their data security is key to their business,” says Jacqui Drew, GM of the BI focused business unit at Pronto Software. “This means understanding what they can do within those confines to actually maximise their investment in AI, but also keeping a very close watch on what is happening in the industry.”
As a leading Australian provider of enterprise resource planning (ERP) solutions, Pronto Software recently announced it strengthened its long-standing relationship with IBM, launching a groundbreaking data integration suite of products called Pronto Xi BI Unlimited with IBM Cognos Analytics with Watson.
This collaboration promises more advanced analytics and profound insights for Pronto Software’s clientele. Customers can now access a comprehensive overview of their entire operations, with unrestricted data access for reporting and analyzing essential business data from various sources. This includes data from Pronto Xi ERP as well as external financial systems, sales tools, online platforms, weather forecasts, foot traffic trends, PLC controllers, and IoT devices.
In addition to accessing an array of data sources, clients can harness the power of IBM Cognos Analytics’ Artificial Intelligence (AI) capabilities for deeper insights. AI has emerged as a central force in the realm of data innovations.
Since 2018, IBM Cognos Analytics with Watson has provided users with advanced features to simplify business intelligence, uncover intricate data relationships, and generate potent business insights.
“We are delighted to strengthen our longstanding relationship with IBM through this innovative collaboration,” said Chad Gates, Managing Director at Pronto Software. “As the space of BI and AI continues to evolve, working closely with IBM allows us to deliver the right tools to our customers and facilitate their growth and maturity in using AI for data-driven decision-making.”
“Most organisations today understand the value of making decisions based on data insights, but successful ones will focus on whether these insights are framed, created and analysed effectively with accuracy based on data they can trust,” said Nicholas Flood, Managing Director of IBM Australia.
“We are proud to expand the long-standing partnership with one of Australia’s most innovative companies Pronto Software, and together bring AI-powered automation and insights to enable Australian organisations to unlock the full potential of their data.”
About Pronto Software
Pronto Software is an Australian developer of award-winning business management and analytics solutions. Pronto Xi, our ERP software, integrates accounting, operational and mobile features in a single system – optimising business processes and unlocking actionable insights. Over 1,500 organisations have leveraged our industry experience and innovation to increase growth and revenue.
For more information, please visit www.pronto.net.
About IBM
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service.
For more information, please visit www.ibm.com.
