Our business management services will help you with improving processes and implementing suitable management tools which are aligned with the company’s development strategy and objectives. As a result, we will help you achieve the goals, support your development, prepare and forecast IT related risks in a timely manner, as well as contribute in continuity of your company’s operation.
Management of costs is an important business process which is used for planning and controlling direct and indirect costs of the company by subjecting them to the processes, end products and strategy of the company. The method of calculation of Activity Based Costing (ABC) creates understanding of the real structure of the costs in your company and provides possibilities to compare the costs. It also assists in improving business profitability, fostering the efficiency of processes and making right strategic decisions. It analyses costs and divides them in product groups, clients, employees or suppliers on the basis of activities performed. It is a very efficient tool to make decisions regarding the optimization of the costs of company.
CostPerform is a specialized tool for cost management – for the development and control of ABC models. ABC methodology offers more efficient approach the aim of which is to provide managers with simply understandable and meaningful information for decision making. It provides a possibility to model improved main business and supporting processes.
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| the development of standard
ABC models |
strategic budget planning
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modelling of overload and insufficient
load |
risk modelling and management
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planning of production and accruals
|
management of changes
|
ABC modelling which is based on sale in time
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Unlimited number of object levels ensures fast and precise modelling of business conduct and various processes - direct, supporting and sustaining business processes in line with the needs of the company.
It is simple and transparent. Various adjustable data views ensure a possibility to trace the flow of costs in all levels of company models and to obtain a visual representation and clear understanding on how the resources are actually being spent and how the costs occur. It supports also the application of time-driven ABC calculation methods and ensures a possibility for the user to develop their own specific cost calculation method.
It ensures more precise strategic budget planning which is based on the processes taking place in the company as well as on the resources and results.
It provides a possibility to develop unlimited number of scenarios by using various models and to assess how the introduced changes influence various indicators; it also provides support in decision making regarding necessary improvements or when planning the development in the future.
Convenient and extensive possibilities to prepare automatic reports ensure easy filtering of necessary data and their analysis by periods or units as well as the use of the results jointly with other users.
Previews that can be easily developed ensure a possibility to review, control and analyze on regular basis how the changes in costs and other indicators influence resources, processes and capacity of the company. It is important to have a clear understanding about various processes taking place in the organization and the costs of these processes for making efficient changes.
Improvement of business processes provides considerable support for enhancing competitiveness. Taking into account the needs and aims of business, we assess what is available in the market and choose the most suitable solution.
Implementation of the process management system grants the following benefits to the company: higher added value, increased work efficiency with lower costs, better control over the processes, unified and coordinated information,etc. In order to improve the efficiency of business processes, it is necessary to obtain clear understanding about current processes and the results of their operation. Understanding of “as-is” is the beginning for the direction towards “to-be”; having understood the current status of processes, you will be able to determine faster the areas requiring improvements and how they can serve for the aims of the company up to a maximum extent.
We introduce process management solutions by using globally recognized tools and, when necessary, we assist also in the development of standards of processes and the model:
We develop various suitable solutions for cases of non-standard problems and for improvement of business processes. If the existing business management systems do not provide the necessary functionality, we can help by implementing:
We provide application implementation project management services and ensure supervision over system implementation or the development of custom applications.
If the implementation of a system or the development of a project is facing difficulties, deadlines are not met and the terms agreed are not fulfilled, we connect to the project which has already been started and provide assistance to finalize this project. After that, in the stage of maintenance, we can ensure further cooperation by performing the management of the developer’s tasks and the control of fulfillment in order to ensure maintenance in accordance with a certain schedule of work and time.
QPR ProcessAnalyzer is a tool for mining and analysis of business processes in existing information systems. It is smart, it can be installed quickly and it is convenient to use. The tool studies operative data of the company and immediately finds specific ways for the improvement of business operation.
It is necessary to devote time for studying the processes of business operation disregarding the success of your company. If your company operates successfully, it is possible that you will find the ways how to make the processes even more efficient. If the operation is not as successful as it should be, you will find out which activities are to be changed.
By the use of methods and suitable tools of Balanced Scorecard, support is provided for making necessary decisions regarding the matters of finances, clients, internal business processes, and learning and growth. It is used as a strategic instrument to analyse the compliance of the company’s operation to its goals. One of the most difficult tasks is to make the strategy of the company be real so that it is linked with daily tasks given to employees and that everyone is informed in due time.
By the use of this method, it is possible to forecast the development of the company’s operation in the future.
Robotic Process Automation (RPA) is a new type of automation of business processes – a platform which permits software robots to perform tasks and activities in software by interacting with it in the same manner as a human. It saves man-hours spent for manual tasks and decreases the level of errors. It frees up your time to create added value for clients and for activities to increase income.
We ensure qualitative implementation, development, integration and maintenance of information systems and solutions. We use the newest technologies and perform works in compliance with the highest standards. We ensure that the company data are always available to you and they are kept safe.
We make backup copies of the data in accordance with client’s requirements. We are sure that by perfecting the interaction between IT and business processes in the company, it is possible to find a solution for any business challenge.
We can be your eyes and hands in the Baltic states to implement and maintain corporate standards.
We offer centralized IT issue and request management. Requests and communication can be managed through phone or email. Each request is marked with a unique identifier and clients are informed about the progress of request in a timely matter. In HelpDesk system, we register not only the requests the solving of which falls in Eddi competence, but also the questions falling in the competence of client’s cooperation partners and other service providers.
When starting operation, any company faces difficulties in forecasting the pace of its development. In most cases, the development is conducted according to the following scenario – something is additionally purchased, set up and installed step by step. This scenario is accepted as the only correct one. Nevertheless, as the company grows, the amount of its IT equipment also increases; there are technologies accumulated which possibilities and use is no longer well known, and software which has not been used for some time. At one moment, we realize that the infrastructure has become complicated, fragmented and difficult to maintain. In such moments, everything has to be started from the scratch. Complete return on investment from IT can be expected only when the establishing and development of it has been planned.
Only previous analysis of the situation and a considerate plan of implementation ensure confidence and responses on these and several other questions.
The development of a considered IT infrastructure will ensure that you do not have unnecessary diversity in your equipment and software.
During IT infrastructure analysis, we collect information on the compliance of the resources to the business requirements and goals, regulatory provisions and legislation.
In the result of the analysis, clients obtain overview about the risks that might occur in the operation of the company and recommendations on how to avert these risks. The analysis will help to understand how the investments that have already been made can be optimized and how to do more with the resources that already are at your disposal, and how to ensure expanding and a stable development proportionally to increasing needs of the company.
Veicam arī daļēju pārbaudi, ņemot vērā uzņēmuma prioritātes.
We offer our knowledge and resources for the administration and monitoring of your ICT infrastructure. We ensure that your IT equipment is available and performing to the level expected and required to maintain your business.
All historical data on equipment and its condition are preserved, which helps to assess the load dynamics over time and to anticipate and eliminate potential problems in a timely manner, making the ICT infrastructure more flexible and subordinate to your business needs.
It is possible to monitor anything that is achievable on the network. Contact us and together we will create monitoring solutions tailored to your company.
We provide assistance in choosing and install the most suitable engineering and automation solutions for efficient operation, supervision and control of business infrastructure. We ensure the integration of systems and necessary programming works, regular servicing, remote supervision, maintenance works and go for visits on-site.
The technical solution of the system permits to move it in a convenient way from one object to another. The necessary data are read by working time accounting system from the access control system and/or special mobile GPRS terminals, and these data are transferred further to cloud server. In turn, the cloud server ensures safe storage of the data, wide possibilities of report preparation and data exporting to any other systems.
Industrial automation management solutions provide a possibility to supervise and control manufacturing processes and equipment operations. We have developed industrial automation solutions on the basis of micro-controllers that provide new possibilities for the support of technological manufacturing processes, efficient control, as well as the analysis of manufacturing processes and their results.
Nowadays, resources consumed during production and other processes (electric energy, gas, water, etc.) form a considerable part of production costs. Due to this reason, it is vitally important to follow the efficiency of the use of resources so that it was possible to forecast and perhaps to reduce the costs as well as to make the activity as environmentally friendly as possible. The use of the BMS (Building Management System) provides a possibility to achieve a substantial decrease in the costs related to the building maintenance as it ensures mutual integration, efficient control and management of various systems and equipment. The BMS building management system can be installed in production units, hospitals, schools, kindergartens, offices, hotels, residential buildings, shops, shopping centers, ships, ferries, airports, etc.
Remote wastewater control is an excellent solution in cases of increased environmental risks. You can constantly monitor the level of wastewater in wells from any place and it will save your time and resources. When using decentralized wastewater systems, attention must be paid on the control of the level of wastewater in wells. To make the process control of wastewater more convenient for households and especially for manufacturing companies, we have developed an innovative system for remote supervision of wastewater.
Installation of security systems provides a possibly to have a convenient supervision and control over the events taking place in the company so that you could safely and with confidence move towards achieving the strategic business goals! We perform functionality audit of the existing security systems and provide recommendations for the improvement of the operation of the systems; we develop the projects of security systems in compliance with the needs of the client.
In the manufacturing sector, it is important to ensure the continuity of production processes and optimum operation of the equipment by protecting oneself from the risks of industrial espionage at the same time. Due to this reason, it is the best praxis in the sector when the office data networks are completely separated from the network infrastructure necessary for manufacturing equipment.
Outsourcing is the best way how a company can delegate to external service provider, in case when the company lacks resources, competence or time to perform these business support processes. We offer to become your cooperation partner so that you could focus on your direct business operations.
IT outsourcing is a multidisciplinary set of IT services that will allow you to enjoy a functioning IT infrastructure without any complications or concerns. We offer to maintain your organization’s IT infrastructure and to provide infrastructure’s compatibility with security standards and to make sure that all problems are solved fast and efficiently.
Management of costs is an important business process which is used for planning and controlling direct and indirect costs of the company by subjecting them to the processes, end products and strategy of the company. The method of calculation of Activity Based Costing (ABC) creates understanding of the real structure of the costs in your company and provides possibilities to compare the costs. It also assists in improving business profitability, fostering the efficiency of processes and making right strategic decisions. It analyses costs and divides them in product groups, clients, employees or suppliers on the basis of activities performed. It is a very efficient tool to make decisions regarding the optimization of the costs of company.
CostPerform is a specialized tool for cost management – for the development and control of ABC models. ABC methodology offers more efficient approach the aim of which is to provide managers with simply understandable and meaningful information for decision making. It provides a possibility to model improved main business and supporting processes.
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|
|
|
|
|
|
| the development of standard
ABC models |
strategic budget planning
|
modelling of overload and insufficient
load |
risk modelling and management
|
planning of production and accruals
|
management of changes
|
ABC modelling which is based on sale in time
|
Unlimited number of object levels ensures fast and precise modelling of business conduct and various processes - direct, supporting and sustaining business processes in line with the needs of the company.
It is simple and transparent. Various adjustable data views ensure a possibility to trace the flow of costs in all levels of company models and to obtain a visual representation and clear understanding on how the resources are actually being spent and how the costs occur. It supports also the application of time-driven ABC calculation methods and ensures a possibility for the user to develop their own specific cost calculation method.
It ensures more precise strategic budget planning which is based on the processes taking place in the company as well as on the resources and results.
It provides a possibility to develop unlimited number of scenarios by using various models and to assess how the introduced changes influence various indicators; it also provides support in decision making regarding necessary improvements or when planning the development in the future.
Convenient and extensive possibilities to prepare automatic reports ensure easy filtering of necessary data and their analysis by periods or units as well as the use of the results jointly with other users.
Previews that can be easily developed ensure a possibility to review, control and analyze on regular basis how the changes in costs and other indicators influence resources, processes and capacity of the company. It is important to have a clear understanding about various processes taking place in the organization and the costs of these processes for making efficient changes.
Company management resembles never ending game of chess. Information technologies (IT) influence course and pace of it, and in the best case, they become a positive driving force. The source of this power is excellent synergy between the areas of IT and business processes in the company. Despite the fact that the involvement of IT employees in the analysis and improvement of business processes is welcomed, unfortunately it seldom occurs. I have observed in praxis that in many companies IT functions are limited to technical matters.
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Consistent dependence on programmerTo fill in the missing segment in the link between business and IT, in most cases there is a programmer used who speaks both IT and business languages (let’s keep our fingers crossed that this person is always healthy and never takes long vacations!). Various ready-made solutions and programs which promise to make the daily routine of the manager and employees easier serve as an alternative for a position of a programmer; for instance, these are solutions for client management, planning of manufacturing resources and many others. Nevertheless often seems that it is more convenient and easier to pay to the programmer for adjusting the solution of existing base software and constructing the missing modules. Although such solution seems to be the most optimum in short-term, it is necessary to make a careful assessment of risks that are linked with the maintenance of such information system and its long-term management.
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Simpler construction of the system grants larger independenceAbility to react swiftly and adjust to the changes is one of the reasons why companies throughout the world choose to develop simple and easily manageable information system architecture. The basis of such system architecture is formed by choosing and implementing the solution which is the most suitable for each specific business process or function, as well as mutual integration of solutions. In such a way, daily work and development of the company is influenced by the decisions of the company management instead of the possibilities or deficiencies of one program, the talent and speed of work performance of programmers. |
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Use the competence of IT employeesThere is nobody who knows the processes of your company better than the employees of the company. Pursuant to the best world praxis, it is recommended to determine that one of the priorities of the manager of the IT department is the analysis of business processes and risks. The IT department must be the department which is capable of assessing, selecting and introducing necessary solutions by justifying their choice with specific needs for improvement and further development of business processes. Up to a great extent, ability for your business to survive in the circumstances of global competition will be determined by the fact if information systems accelerate or impede the development of your business. Due to this reason, internal IT human resources are to be used for the development of your business! |
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One must think about the future already right now – you reap what you sowThere is no doubt that it is not easy to change that what has been constructed for years especially if large amount of financial resources has been invested. Nevertheless it is highly recommended not to stop and to keep seeking for the most suitable solutions for the development of your company! It is the only possibility how to ensure competitiveness and increase power of your business. In the result of reconstruction of the architecture of information systems for the needs of the processes of your business, you will obtain a set of solution that can be easily used and managed on daily basis which in long-term will ensure not only the increase of the added value of your business but also more efficient fulfillment of its strategic goals! |
Today’s market situation, characterized by globalization and frequent economic crisis, is rather ruthless – Latvian companies and producers are facing competition from all around the world. In order to maintain the position of the preferred choice of the consumer, we all are on the constant look-out for new promising methods to deliver higher levels of efficiency. Popularity of Lean, TOC and Six Sigma continues to grow which is great; however, in my opinion, every company should also regularly revise and improve their internal risk management and closely associated business process continuity procedures. By developing and implementing viable business continuity and disaster recovery plans which, in general, do not require a large financial investment, Your Company will not only enjoy higher productivity rates but also see the added value of the business increase significantly.
You may possibly ask, how do these plans differ from each another? The main goal of a business continuity plan (BCP) is to continuously monitor business infrastructure and carry out preventive activities in order to eliminate any potential downtimes and minimize their negative impact on business, if they do occur. Disaster recovery plan (DRP), on the other hand, sets out specific guidelines for a particular sequence of actions to be taken and communication needed in order to restore full business functionality as soon as possible. In my opinion, both of them supplement each other really well and create a complex and thorough set of activities and procedures. Those taken together are able to bring the impact of various business performance risks down to a minimum, allowing Your Company to deliver goods or provide services within the agreed scope and time frame.
Taking into account that any business today is greatly dependent on numerous IT systems, such areas as protection against business critical data loss and continuous operation of IT systems should be among top priorities when drafting the above mentioned action plans. In the manufacturing industry, in addition to constant monitoring of the most critical points in the IT infrastructure (databases, applications, servers etc.), one should be also able to monitor the production software itself as well as the compliance of the entire production process to certain required parameters (pressure, temperature, weight etc.). I would like to point out that today both IT and production infrastructure can be effectively monitored with the help of various innovative solutions. They, in addition to pure monitoring, also provide an opportunity to analyze operational trends of critical infrastructure points as well as discover and foresee the development of any bottlenecks. Continuous monitoring of the most critical business process points also ensures that You will be notified about and able to deal with any deviances from set performance standards before they paralyze Your main business processes. As a result, you may enhance the competitive advantage of your business. Moreover, with a global picture of your business process performance in your hands, you will be able to align different process steps a lot more accurately and improve business process throughput and performance across the entire Company.
I really invite every top or middle level manager to think of the costs critical business process downtimes bring to a Company. These downtimes are often caused by such simple incidents as loss of internet connection or malfunctioning of the production or IT equipment, cash registers or any other business-critical devices. In my opinion, business process continuity should be one of the top management priorities, but not only for the sake of “a tick in the checkbox.” For BCP and DRP to bring the result you may want, both of them must be regularly tested, fine-tuned and supplemented in order to maintain their relevance while your business processes continue to change and develop further. Implementation and maintenance of a business process continuity strategy and mindset in Your Company, in the long run, will enhance not only your competitive advantage but the value- added of your business as well. Seeing that you are highly motivated and working hard to eliminate various internal risks and ensure a continuous flow of goods and services, will increase the value of Your Company in the eyes of both - Your employees and business partners.
Regular analysis and elimination of internal risks and business process bottlenecks is a valuable source for steady business growth and development! Wishing you success!
It is not just a couple of days’ work to develop a link between people, business processes and programs which is dynamic and fosters the development of company. For making powerful business and IT interaction profitable, it is necessary to delve constantly into company business processes, to seek for weak points in the flow of data/information, and to find the most suitable solutions for them. We propose 3 steps how to develop such a link between people, business processes and programs which fosters the growth of the company.
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1. Find your “effectologist” or efficiency driving forceTo create a powerful “bridge” between business and IT, firstly, you have to find someone who likes analyzing and seeking for possibilities how the work can be done better and faster by all together. Take a look around – for some, this person might be a skillful and innovative IT manager, for others – business analyst or quality manager. Look for passion, persistence and analytical business thinking as these are important qualities for asking proper questions, noticing the right connection between cause and effect and knowing the correct direction where to find the solution. If you do not see proper candidates inside the company, try to involve the resources from outside. Start at least with one improvement in efficiency per month, and in long-term you will obtain more united and loyal team and increasing added value of the company! |
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2. Obtain understanding about the flow of information in your companyEntrust to the candidate chosen by you to talk and listen to medium and operative level managers (M and M-1) in order to obtain enhanced understanding how work is organized within the framework of both one process/function and several units/business functions. The main task is to obtain clear understanding on how information or data flow currently moves within the framework of your infrastructure – where are delays and where are the lack of data, etc. When performing the analysis of the existing situation, you will be able to create more precise vision of how your information systems are supposed to operate in the future. But what you should start with? Assess carefully providing of which operative flow of data provides higher added value to the company. Make a list of priorities and get down to work! |
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3. Choose the data automation solution which best corresponds to your needsTo ensure that the solution of the problem brings the expected result, it is recommended that you spend sufficient amount of time for understanding the true causes of the problem. Start with questions indicating on main problems and areas in which improvements will provide the greater return, for example:
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After understanding the true causes of problems, you will find out the criteria and requirements to which special attention must be paid so that it was possible to choose from the wide range of data automation solutions the ones that fit the best for the specific needs and processes of your company! It is recommended to refrain from temptation to choose one impressive data automation solution as a response to all problems in business processes. Consequently, in most cases there is a clumsy solution obtained from which possibly only a small part is used. However, by the use of several specialized data automation solutions and their mutual integration, you will obtain easily manageable information system which ensures a possibility to retain competitiveness in business also in current changing business environment circumstances.
Good luck with it!
The number of confidential data loss incidents resulting from the use of public Wi-Fi access points has been increasing lately. Therefore it is advisable to be extra cautious when connecting to an unknown or unreliable network (e.g. free Wi-Fi in the local café, airport or other public spaces). You need to keep in mind that in such cases Your entire data flow, containing both Your personal information as well as critical business data, may be monitored.
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1. Do Your best to avoid using public Wi-Fi access points, especially if You own a Company device (smartphone, tablet etc.). You may lose business data even if Your personal device is configured to send and receive work emails. |
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2. If You do need to access business data & information outside the office, use connections that are safer against data leaks: a VPN with at least 2 factor authentication or an internet connection provided by mobile operators (LTE/3G/4G).
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3. An alternative to the above is to purchase and use mobile device management solutions. Your Company IT staff will be able to consult You about these in detail.
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In case You connect to a public Wi-Fi access point, never accept any change requests that may appear on Your screen. Select “Cancel” – most likely it is an attempt to steal Your data!
Currently this is the highest possible business data loss vulnerability, which may significantly reduce the overall impact of business security policies even if other (internal) security procedures are maintained on a high level.
Please inform Your staff and colleagues about this and make sure that the guidelines on safe access to public Wi-Fi are covered in Your company data safety procedures.
Such a great leader as you, doesn’t always have to dive deep into all details concerning your company’s IT infrastructure. Still, there are some global and critical things that do require attention if you want to be sure that your IT infrastructure is in order. Thinking about your peace of mind, we have compiled a list of 10 important signs to watch out for. So – make yourself a cup of coffee and have a look!
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The strategic goals of your business define your IT strategy and annual IT budget. Implementation of new IT projects or solutions does not have an adverse effect on existing systems and applications – employees are generally happy with their performance.
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You have never heard such comments as “That can’t be done” or “I don’t know” from your IT team. For example, if changes in business logic are needed or some IT related initiative requires attention, they will always inform you how it will be done, how much time it will take and how much it will cost.
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If a meteor was approaching your office building, you wouldn’t panic. You know that there is a disaster recovery plan that explicitly tells you what actions to take to recover from downtime in case of major or minor incidents.
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All business-critical processes generally run smoothly in your company. Incidents and downtimes happen, of course, but not more often than a few times per year and usually around the time of full moon. However, you always keep calm because you can rely on your business continuity plan.
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If some critical business process function is interrupted, you are informed straight away via text message. A little later you also receive a report regarding the causes of the incident and what will be done to avoid incidents like this in the future.
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If anyone accidentally deletes or loses some piece of more of less critical information, you haven’t heard of any cases when it would not have been possible to restore access to it.
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You know that all the information about your IT infrastructure and changes made is well-documented. If needed, a new IT specialist will be able to jump in quickly and take over from someone else.
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You are confident that current business needs are fully supported by existing IT infrastructure and systems because you have heard about the annual internal audit results. If there are any deficiencies – they will be eliminated soon.
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Employees generally do not complain to you that IT problems are not resolved on time. If you do hear from someone, there is usually a simple reason – priority is always given to problems that have a direct impact on business processes. All the rest just have to wait.
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IT specialists occasionally provide training for employees covering various data security topics. You have also been informed about the guidelines for a secure password, principles of social engineering and the risks of processing online payments using the wi-fi connection of the local café.
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If you can recognize the above signs in your company, congratulations! Continue enjoying your coffee with a peace of mind. If there are some things are not quite there, maybe it’s worth asking your IT manager to join you for a cup of coffee next time?
Wishing you a happy and productive day!
Effectiveness is a multi-layered and subjective concept. It entails a lot more than financial indicators and needs to be thoroughly examined since every company’s situation is unique. There is no other person better suited than a company’s leader to determine what, how and how often should be measured to obtain the result that best describes company performance and objectively points out the strengths as well as the weaknesses to be eliminated. For a comprehensive evaluation of a company’s effectiveness, I recommend to include and carefully consider all of the 10 factors discussed below.
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Business strategy generally serves as a good foundation for a successful operation of a company. However, every leader should critically assess if employees below the management level have an equally clear understanding of the strategy and also feel engaged and equally responsible for its realization. Any strategy and long term goals will deliver a much better result if those are communicated across the entire company and both the management as well employees themselves are able to track progress daily. Strategy may not be polished to perfection, but with outstanding performance management it will definitely yield the desired results! |
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Information systems |
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Many of the companies we have met are very professional and focused on running a well-organized business. Unlike many large enterprises, they often have a clear understanding of what works and where their real risks and challenges lie. However, they face greater pressure to prioritize. Regulations, changing customer requirements, and increasing cyber-security risks hit them hard.
Given that few companies have the resources to replace their ageing technology entirely, part of the solution can be to introduce new solutions that mitigate risks and improve IT operations. However, this needs to be done correctly. It is not just a strategic exercise but also involves mapping specific elements of the IT landscape, linking them to potential business impacts, and prioritizing the reduction or removal of risks.
When you conduct this exercise, you will have a much more solid platform on which to build new and improved technical solutions. You can invest and achieve ROI without the fear of increasing business risks by linking more of your operations to an insecure platform, which could fail at any moment.
What should you do about it? Our suggestion is to act now. If you lack the resources to do it yourself, find a trusted partner to support you.
After selecting a supplier, the next step is to meet and start scoping and planning the exercise. Get the vendor to write a proposal and provide an estimate. Remember to ask what information and resources they require from you during the exercise. Also, keep in mind that this exercise is about implementation, so don't be swayed by the flashiest slide deck; it often reflects the price more than the quality of the deliverables.
If everything feels right, begin the project. Make sure you have allocated the right resources, that they understand their roles and the project’s goals, and then get the exercise running. Have regular check-ins with the vendor along with your key personnel to ensure progress and alignment.
If you are looking for a reliable partner, contact us at eddi@eddi.lv.
Read more about how IT provides essential support for business processes here.
Energy and sustainability issues are becoming increasingly relevant worldwide. Starting environmentally friendly practices in a company may seem like a significant challenge, but in reality, it is simpler than it sounds. By gradually adapting your operations, you can not only reduce your environmental impact but also create a positive influence on society and strengthen your company's reputation. Here are some practical tips to get started!
The first step is to establish specific and measurable goals, such as:
Follow the SMART principle: goals should be Specific, Measurable, Achievable, Relevant, and Time-bound.
Plan specific steps to achieve your goals:
Sustainability is not a one-person job – it’s a team effort!
Small steps lead to significant changes:
Regular performance monitoring helps you understand what works and what can be improved:
Implementing green thinking is not just a trend – it is a way to create long-term value for both your company and society. Becoming an environmentally friendly company can be your contribution to a sustainable future. Start small – and those small steps will lead to significant change!
If you need a partner to help achieve these goals, SIA Eddi assists companies in implementing effective and sustainable solutions. Let’s work together to create a greener future!
Our business management services will help you with improving processes and implementing suitable management tools which are aligned with the company’s development strategy and objectives. As a result, we will help you achieve the goals, support your development, prepare and forecast IT related risks in a timely manner, as well as contribute in continuity of your company’s operation.
Management of costs is an important business process which is used for planning and controlling direct and indirect costs of the company by subjecting them to the processes, end products and strategy of the company. The method of calculation of Activity Based Costing (ABC) creates understanding of the real structure of the costs in your company and provides possibilities to compare the costs. It also assists in improving business profitability, fostering the efficiency of processes and making right strategic decisions. It analyses costs and divides them in product groups, clients, employees or suppliers on the basis of activities performed. It is a very efficient tool to make decisions regarding the optimization of the costs of company.
CostPerform is a specialized tool for cost management – for the development and control of ABC models. ABC methodology offers more efficient approach the aim of which is to provide managers with simply understandable and meaningful information for decision making. It provides a possibility to model improved main business and supporting processes.
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| the development of standard
ABC models |
strategic budget planning
|
modelling of overload and insufficient
load |
risk modelling and management
|
planning of production and accruals
|
management of changes
|
ABC modelling which is based on sale in time
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Unlimited number of object levels ensures fast and precise modelling of business conduct and various processes - direct, supporting and sustaining business processes in line with the needs of the company.
It is simple and transparent. Various adjustable data views ensure a possibility to trace the flow of costs in all levels of company models and to obtain a visual representation and clear understanding on how the resources are actually being spent and how the costs occur. It supports also the application of time-driven ABC calculation methods and ensures a possibility for the user to develop their own specific cost calculation method.
It ensures more precise strategic budget planning which is based on the processes taking place in the company as well as on the resources and results.
It provides a possibility to develop unlimited number of scenarios by using various models and to assess how the introduced changes influence various indicators; it also provides support in decision making regarding necessary improvements or when planning the development in the future.
Convenient and extensive possibilities to prepare automatic reports ensure easy filtering of necessary data and their analysis by periods or units as well as the use of the results jointly with other users.
Previews that can be easily developed ensure a possibility to review, control and analyze on regular basis how the changes in costs and other indicators influence resources, processes and capacity of the company. It is important to have a clear understanding about various processes taking place in the organization and the costs of these processes for making efficient changes.
Improvement of business processes provides considerable support for enhancing competitiveness. Taking into account the needs and aims of business, we assess what is available in the market and choose the most suitable solution.
Implementation of the process management system grants the following benefits to the company: higher added value, increased work efficiency with lower costs, better control over the processes, unified and coordinated information,etc. In order to improve the efficiency of business processes, it is necessary to obtain clear understanding about current processes and the results of their operation. Understanding of “as-is” is the beginning for the direction towards “to-be”; having understood the current status of processes, you will be able to determine faster the areas requiring improvements and how they can serve for the aims of the company up to a maximum extent.
We introduce process management solutions by using globally recognized tools and, when necessary, we assist also in the development of standards of processes and the model:
We develop various suitable solutions for cases of non-standard problems and for improvement of business processes. If the existing business management systems do not provide the necessary functionality, we can help by implementing:
We provide application implementation project management services and ensure supervision over system implementation or the development of custom applications.
If the implementation of a system or the development of a project is facing difficulties, deadlines are not met and the terms agreed are not fulfilled, we connect to the project which has already been started and provide assistance to finalize this project. After that, in the stage of maintenance, we can ensure further cooperation by performing the management of the developer’s tasks and the control of fulfillment in order to ensure maintenance in accordance with a certain schedule of work and time.
QPR ProcessAnalyzer is a tool for mining and analysis of business processes in existing information systems. It is smart, it can be installed quickly and it is convenient to use. The tool studies operative data of the company and immediately finds specific ways for the improvement of business operation.
It is necessary to devote time for studying the processes of business operation disregarding the success of your company. If your company operates successfully, it is possible that you will find the ways how to make the processes even more efficient. If the operation is not as successful as it should be, you will find out which activities are to be changed.
By the use of methods and suitable tools of Balanced Scorecard, support is provided for making necessary decisions regarding the matters of finances, clients, internal business processes, and learning and growth. It is used as a strategic instrument to analyse the compliance of the company’s operation to its goals. One of the most difficult tasks is to make the strategy of the company be real so that it is linked with daily tasks given to employees and that everyone is informed in due time.
By the use of this method, it is possible to forecast the development of the company’s operation in the future.
Robotic Process Automation (RPA) is a new type of automation of business processes – a platform which permits software robots to perform tasks and activities in software by interacting with it in the same manner as a human. It saves man-hours spent for manual tasks and decreases the level of errors. It frees up your time to create added value for clients and for activities to increase income.
We ensure qualitative implementation, development, integration and maintenance of information systems and solutions. We use the newest technologies and perform works in compliance with the highest standards. We ensure that the company data are always available to you and they are kept safe.
We make backup copies of the data in accordance with client’s requirements. We are sure that by perfecting the interaction between IT and business processes in the company, it is possible to find a solution for any business challenge.
We can be your eyes and hands in the Baltic states to implement and maintain corporate standards.
We offer centralized IT issue and request management. Requests and communication can be managed through phone or email. Each request is marked with a unique identifier and clients are informed about the progress of request in a timely matter. In HelpDesk system, we register not only the requests the solving of which falls in Eddi competence, but also the questions falling in the competence of client’s cooperation partners and other service providers.
When starting operation, any company faces difficulties in forecasting the pace of its development. In most cases, the development is conducted according to the following scenario – something is additionally purchased, set up and installed step by step. This scenario is accepted as the only correct one. Nevertheless, as the company grows, the amount of its IT equipment also increases; there are technologies accumulated which possibilities and use is no longer well known, and software which has not been used for some time. At one moment, we realize that the infrastructure has become complicated, fragmented and difficult to maintain. In such moments, everything has to be started from the scratch. Complete return on investment from IT can be expected only when the establishing and development of it has been planned.
Only previous analysis of the situation and a considerate plan of implementation ensure confidence and responses on these and several other questions.
The development of a considered IT infrastructure will ensure that you do not have unnecessary diversity in your equipment and software.
During IT infrastructure analysis, we collect information on the compliance of the resources to the business requirements and goals, regulatory provisions and legislation.
In the result of the analysis, clients obtain overview about the risks that might occur in the operation of the company and recommendations on how to avert these risks. The analysis will help to understand how the investments that have already been made can be optimized and how to do more with the resources that already are at your disposal, and how to ensure expanding and a stable development proportionally to increasing needs of the company.
Veicam arī daļēju pārbaudi, ņemot vērā uzņēmuma prioritātes.
We offer our knowledge and resources for the administration and monitoring of your ICT infrastructure. We ensure that your IT equipment is available and performing to the level expected and required to maintain your business.
All historical data on equipment and its condition are preserved, which helps to assess the load dynamics over time and to anticipate and eliminate potential problems in a timely manner, making the ICT infrastructure more flexible and subordinate to your business needs.
It is possible to monitor anything that is achievable on the network. Contact us and together we will create monitoring solutions tailored to your company.
We provide assistance in choosing and install the most suitable engineering and automation solutions for efficient operation, supervision and control of business infrastructure. We ensure the integration of systems and necessary programming works, regular servicing, remote supervision, maintenance works and go for visits on-site.
The technical solution of the system permits to move it in a convenient way from one object to another. The necessary data are read by working time accounting system from the access control system and/or special mobile GPRS terminals, and these data are transferred further to cloud server. In turn, the cloud server ensures safe storage of the data, wide possibilities of report preparation and data exporting to any other systems.
Industrial automation management solutions provide a possibility to supervise and control manufacturing processes and equipment operations. We have developed industrial automation solutions on the basis of micro-controllers that provide new possibilities for the support of technological manufacturing processes, efficient control, as well as the analysis of manufacturing processes and their results.
Nowadays, resources consumed during production and other processes (electric energy, gas, water, etc.) form a considerable part of production costs. Due to this reason, it is vitally important to follow the efficiency of the use of resources so that it was possible to forecast and perhaps to reduce the costs as well as to make the activity as environmentally friendly as possible. The use of the BMS (Building Management System) provides a possibility to achieve a substantial decrease in the costs related to the building maintenance as it ensures mutual integration, efficient control and management of various systems and equipment. The BMS building management system can be installed in production units, hospitals, schools, kindergartens, offices, hotels, residential buildings, shops, shopping centers, ships, ferries, airports, etc.
Remote wastewater control is an excellent solution in cases of increased environmental risks. You can constantly monitor the level of wastewater in wells from any place and it will save your time and resources. When using decentralized wastewater systems, attention must be paid on the control of the level of wastewater in wells. To make the process control of wastewater more convenient for households and especially for manufacturing companies, we have developed an innovative system for remote supervision of wastewater.
Installation of security systems provides a possibly to have a convenient supervision and control over the events taking place in the company so that you could safely and with confidence move towards achieving the strategic business goals! We perform functionality audit of the existing security systems and provide recommendations for the improvement of the operation of the systems; we develop the projects of security systems in compliance with the needs of the client.
In the manufacturing sector, it is important to ensure the continuity of production processes and optimum operation of the equipment by protecting oneself from the risks of industrial espionage at the same time. Due to this reason, it is the best praxis in the sector when the office data networks are completely separated from the network infrastructure necessary for manufacturing equipment.
Outsourcing is the best way how a company can delegate to external service provider, in case when the company lacks resources, competence or time to perform these business support processes. We offer to become your cooperation partner so that you could focus on your direct business operations.
IT outsourcing is a multidisciplinary set of IT services that will allow you to enjoy a functioning IT infrastructure without any complications or concerns. We offer to maintain your organization’s IT infrastructure and to provide infrastructure’s compatibility with security standards and to make sure that all problems are solved fast and efficiently.
Management of costs is an important business process which is used for planning and controlling direct and indirect costs of the company by subjecting them to the processes, end products and strategy of the company. The method of calculation of Activity Based Costing (ABC) creates understanding of the real structure of the costs in your company and provides possibilities to compare the costs. It also assists in improving business profitability, fostering the efficiency of processes and making right strategic decisions. It analyses costs and divides them in product groups, clients, employees or suppliers on the basis of activities performed. It is a very efficient tool to make decisions regarding the optimization of the costs of company.
CostPerform is a specialized tool for cost management – for the development and control of ABC models. ABC methodology offers more efficient approach the aim of which is to provide managers with simply understandable and meaningful information for decision making. It provides a possibility to model improved main business and supporting processes.
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strategic budget planning
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modelling of overload and insufficient
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risk modelling and management
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planning of production and accruals
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management of changes
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ABC modelling which is based on sale in time
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Unlimited number of object levels ensures fast and precise modelling of business conduct and various processes - direct, supporting and sustaining business processes in line with the needs of the company.
It is simple and transparent. Various adjustable data views ensure a possibility to trace the flow of costs in all levels of company models and to obtain a visual representation and clear understanding on how the resources are actually being spent and how the costs occur. It supports also the application of time-driven ABC calculation methods and ensures a possibility for the user to develop their own specific cost calculation method.
It ensures more precise strategic budget planning which is based on the processes taking place in the company as well as on the resources and results.
It provides a possibility to develop unlimited number of scenarios by using various models and to assess how the introduced changes influence various indicators; it also provides support in decision making regarding necessary improvements or when planning the development in the future.
Convenient and extensive possibilities to prepare automatic reports ensure easy filtering of necessary data and their analysis by periods or units as well as the use of the results jointly with other users.
Previews that can be easily developed ensure a possibility to review, control and analyze on regular basis how the changes in costs and other indicators influence resources, processes and capacity of the company. It is important to have a clear understanding about various processes taking place in the organization and the costs of these processes for making efficient changes.
Company management resembles never ending game of chess. Information technologies (IT) influence course and pace of it, and in the best case, they become a positive driving force. The source of this power is excellent synergy between the areas of IT and business processes in the company. Despite the fact that the involvement of IT employees in the analysis and improvement of business processes is welcomed, unfortunately it seldom occurs. I have observed in praxis that in many companies IT functions are limited to technical matters.
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Consistent dependence on programmerTo fill in the missing segment in the link between business and IT, in most cases there is a programmer used who speaks both IT and business languages (let’s keep our fingers crossed that this person is always healthy and never takes long vacations!). Various ready-made solutions and programs which promise to make the daily routine of the manager and employees easier serve as an alternative for a position of a programmer; for instance, these are solutions for client management, planning of manufacturing resources and many others. Nevertheless often seems that it is more convenient and easier to pay to the programmer for adjusting the solution of existing base software and constructing the missing modules. Although such solution seems to be the most optimum in short-term, it is necessary to make a careful assessment of risks that are linked with the maintenance of such information system and its long-term management.
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Simpler construction of the system grants larger independenceAbility to react swiftly and adjust to the changes is one of the reasons why companies throughout the world choose to develop simple and easily manageable information system architecture. The basis of such system architecture is formed by choosing and implementing the solution which is the most suitable for each specific business process or function, as well as mutual integration of solutions. In such a way, daily work and development of the company is influenced by the decisions of the company management instead of the possibilities or deficiencies of one program, the talent and speed of work performance of programmers. |
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Use the competence of IT employeesThere is nobody who knows the processes of your company better than the employees of the company. Pursuant to the best world praxis, it is recommended to determine that one of the priorities of the manager of the IT department is the analysis of business processes and risks. The IT department must be the department which is capable of assessing, selecting and introducing necessary solutions by justifying their choice with specific needs for improvement and further development of business processes. Up to a great extent, ability for your business to survive in the circumstances of global competition will be determined by the fact if information systems accelerate or impede the development of your business. Due to this reason, internal IT human resources are to be used for the development of your business! |
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One must think about the future already right now – you reap what you sowThere is no doubt that it is not easy to change that what has been constructed for years especially if large amount of financial resources has been invested. Nevertheless it is highly recommended not to stop and to keep seeking for the most suitable solutions for the development of your company! It is the only possibility how to ensure competitiveness and increase power of your business. In the result of reconstruction of the architecture of information systems for the needs of the processes of your business, you will obtain a set of solution that can be easily used and managed on daily basis which in long-term will ensure not only the increase of the added value of your business but also more efficient fulfillment of its strategic goals! |
Today’s market situation, characterized by globalization and frequent economic crisis, is rather ruthless – Latvian companies and producers are facing competition from all around the world. In order to maintain the position of the preferred choice of the consumer, we all are on the constant look-out for new promising methods to deliver higher levels of efficiency. Popularity of Lean, TOC and Six Sigma continues to grow which is great; however, in my opinion, every company should also regularly revise and improve their internal risk management and closely associated business process continuity procedures. By developing and implementing viable business continuity and disaster recovery plans which, in general, do not require a large financial investment, Your Company will not only enjoy higher productivity rates but also see the added value of the business increase significantly.
You may possibly ask, how do these plans differ from each another? The main goal of a business continuity plan (BCP) is to continuously monitor business infrastructure and carry out preventive activities in order to eliminate any potential downtimes and minimize their negative impact on business, if they do occur. Disaster recovery plan (DRP), on the other hand, sets out specific guidelines for a particular sequence of actions to be taken and communication needed in order to restore full business functionality as soon as possible. In my opinion, both of them supplement each other really well and create a complex and thorough set of activities and procedures. Those taken together are able to bring the impact of various business performance risks down to a minimum, allowing Your Company to deliver goods or provide services within the agreed scope and time frame.
Taking into account that any business today is greatly dependent on numerous IT systems, such areas as protection against business critical data loss and continuous operation of IT systems should be among top priorities when drafting the above mentioned action plans. In the manufacturing industry, in addition to constant monitoring of the most critical points in the IT infrastructure (databases, applications, servers etc.), one should be also able to monitor the production software itself as well as the compliance of the entire production process to certain required parameters (pressure, temperature, weight etc.). I would like to point out that today both IT and production infrastructure can be effectively monitored with the help of various innovative solutions. They, in addition to pure monitoring, also provide an opportunity to analyze operational trends of critical infrastructure points as well as discover and foresee the development of any bottlenecks. Continuous monitoring of the most critical business process points also ensures that You will be notified about and able to deal with any deviances from set performance standards before they paralyze Your main business processes. As a result, you may enhance the competitive advantage of your business. Moreover, with a global picture of your business process performance in your hands, you will be able to align different process steps a lot more accurately and improve business process throughput and performance across the entire Company.
I really invite every top or middle level manager to think of the costs critical business process downtimes bring to a Company. These downtimes are often caused by such simple incidents as loss of internet connection or malfunctioning of the production or IT equipment, cash registers or any other business-critical devices. In my opinion, business process continuity should be one of the top management priorities, but not only for the sake of “a tick in the checkbox.” For BCP and DRP to bring the result you may want, both of them must be regularly tested, fine-tuned and supplemented in order to maintain their relevance while your business processes continue to change and develop further. Implementation and maintenance of a business process continuity strategy and mindset in Your Company, in the long run, will enhance not only your competitive advantage but the value- added of your business as well. Seeing that you are highly motivated and working hard to eliminate various internal risks and ensure a continuous flow of goods and services, will increase the value of Your Company in the eyes of both - Your employees and business partners.
Regular analysis and elimination of internal risks and business process bottlenecks is a valuable source for steady business growth and development! Wishing you success!
It is not just a couple of days’ work to develop a link between people, business processes and programs which is dynamic and fosters the development of company. For making powerful business and IT interaction profitable, it is necessary to delve constantly into company business processes, to seek for weak points in the flow of data/information, and to find the most suitable solutions for them. We propose 3 steps how to develop such a link between people, business processes and programs which fosters the growth of the company.
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1. Find your “effectologist” or efficiency driving forceTo create a powerful “bridge” between business and IT, firstly, you have to find someone who likes analyzing and seeking for possibilities how the work can be done better and faster by all together. Take a look around – for some, this person might be a skillful and innovative IT manager, for others – business analyst or quality manager. Look for passion, persistence and analytical business thinking as these are important qualities for asking proper questions, noticing the right connection between cause and effect and knowing the correct direction where to find the solution. If you do not see proper candidates inside the company, try to involve the resources from outside. Start at least with one improvement in efficiency per month, and in long-term you will obtain more united and loyal team and increasing added value of the company! |
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2. Obtain understanding about the flow of information in your companyEntrust to the candidate chosen by you to talk and listen to medium and operative level managers (M and M-1) in order to obtain enhanced understanding how work is organized within the framework of both one process/function and several units/business functions. The main task is to obtain clear understanding on how information or data flow currently moves within the framework of your infrastructure – where are delays and where are the lack of data, etc. When performing the analysis of the existing situation, you will be able to create more precise vision of how your information systems are supposed to operate in the future. But what you should start with? Assess carefully providing of which operative flow of data provides higher added value to the company. Make a list of priorities and get down to work! |
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3. Choose the data automation solution which best corresponds to your needsTo ensure that the solution of the problem brings the expected result, it is recommended that you spend sufficient amount of time for understanding the true causes of the problem. Start with questions indicating on main problems and areas in which improvements will provide the greater return, for example:
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After understanding the true causes of problems, you will find out the criteria and requirements to which special attention must be paid so that it was possible to choose from the wide range of data automation solutions the ones that fit the best for the specific needs and processes of your company! It is recommended to refrain from temptation to choose one impressive data automation solution as a response to all problems in business processes. Consequently, in most cases there is a clumsy solution obtained from which possibly only a small part is used. However, by the use of several specialized data automation solutions and their mutual integration, you will obtain easily manageable information system which ensures a possibility to retain competitiveness in business also in current changing business environment circumstances.
Good luck with it!
The number of confidential data loss incidents resulting from the use of public Wi-Fi access points has been increasing lately. Therefore it is advisable to be extra cautious when connecting to an unknown or unreliable network (e.g. free Wi-Fi in the local café, airport or other public spaces). You need to keep in mind that in such cases Your entire data flow, containing both Your personal information as well as critical business data, may be monitored.
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1. Do Your best to avoid using public Wi-Fi access points, especially if You own a Company device (smartphone, tablet etc.). You may lose business data even if Your personal device is configured to send and receive work emails. |
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2. If You do need to access business data & information outside the office, use connections that are safer against data leaks: a VPN with at least 2 factor authentication or an internet connection provided by mobile operators (LTE/3G/4G).
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3. An alternative to the above is to purchase and use mobile device management solutions. Your Company IT staff will be able to consult You about these in detail.
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In case You connect to a public Wi-Fi access point, never accept any change requests that may appear on Your screen. Select “Cancel” – most likely it is an attempt to steal Your data!
Currently this is the highest possible business data loss vulnerability, which may significantly reduce the overall impact of business security policies even if other (internal) security procedures are maintained on a high level.
Please inform Your staff and colleagues about this and make sure that the guidelines on safe access to public Wi-Fi are covered in Your company data safety procedures.
Such a great leader as you, doesn’t always have to dive deep into all details concerning your company’s IT infrastructure. Still, there are some global and critical things that do require attention if you want to be sure that your IT infrastructure is in order. Thinking about your peace of mind, we have compiled a list of 10 important signs to watch out for. So – make yourself a cup of coffee and have a look!
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The strategic goals of your business define your IT strategy and annual IT budget. Implementation of new IT projects or solutions does not have an adverse effect on existing systems and applications – employees are generally happy with their performance.
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You have never heard such comments as “That can’t be done” or “I don’t know” from your IT team. For example, if changes in business logic are needed or some IT related initiative requires attention, they will always inform you how it will be done, how much time it will take and how much it will cost.
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If a meteor was approaching your office building, you wouldn’t panic. You know that there is a disaster recovery plan that explicitly tells you what actions to take to recover from downtime in case of major or minor incidents.
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All business-critical processes generally run smoothly in your company. Incidents and downtimes happen, of course, but not more often than a few times per year and usually around the time of full moon. However, you always keep calm because you can rely on your business continuity plan.
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If some critical business process function is interrupted, you are informed straight away via text message. A little later you also receive a report regarding the causes of the incident and what will be done to avoid incidents like this in the future.
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If anyone accidentally deletes or loses some piece of more of less critical information, you haven’t heard of any cases when it would not have been possible to restore access to it.
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You know that all the information about your IT infrastructure and changes made is well-documented. If needed, a new IT specialist will be able to jump in quickly and take over from someone else.
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You are confident that current business needs are fully supported by existing IT infrastructure and systems because you have heard about the annual internal audit results. If there are any deficiencies – they will be eliminated soon.
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Employees generally do not complain to you that IT problems are not resolved on time. If you do hear from someone, there is usually a simple reason – priority is always given to problems that have a direct impact on business processes. All the rest just have to wait.
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IT specialists occasionally provide training for employees covering various data security topics. You have also been informed about the guidelines for a secure password, principles of social engineering and the risks of processing online payments using the wi-fi connection of the local café.
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If you can recognize the above signs in your company, congratulations! Continue enjoying your coffee with a peace of mind. If there are some things are not quite there, maybe it’s worth asking your IT manager to join you for a cup of coffee next time?
Wishing you a happy and productive day!
Effectiveness is a multi-layered and subjective concept. It entails a lot more than financial indicators and needs to be thoroughly examined since every company’s situation is unique. There is no other person better suited than a company’s leader to determine what, how and how often should be measured to obtain the result that best describes company performance and objectively points out the strengths as well as the weaknesses to be eliminated. For a comprehensive evaluation of a company’s effectiveness, I recommend to include and carefully consider all of the 10 factors discussed below.
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Business strategy generally serves as a good foundation for a successful operation of a company. However, every leader should critically assess if employees below the management level have an equally clear understanding of the strategy and also feel engaged and equally responsible for its realization. Any strategy and long term goals will deliver a much better result if those are communicated across the entire company and both the management as well employees themselves are able to track progress daily. Strategy may not be polished to perfection, but with outstanding performance management it will definitely yield the desired results! |
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Many of the companies we have met are very professional and focused on running a well-organized business. Unlike many large enterprises, they often have a clear understanding of what works and where their real risks and challenges lie. However, they face greater pressure to prioritize. Regulations, changing customer requirements, and increasing cyber-security risks hit them hard.
Given that few companies have the resources to replace their ageing technology entirely, part of the solution can be to introduce new solutions that mitigate risks and improve IT operations. However, this needs to be done correctly. It is not just a strategic exercise but also involves mapping specific elements of the IT landscape, linking them to potential business impacts, and prioritizing the reduction or removal of risks.
When you conduct this exercise, you will have a much more solid platform on which to build new and improved technical solutions. You can invest and achieve ROI without the fear of increasing business risks by linking more of your operations to an insecure platform, which could fail at any moment.
What should you do about it? Our suggestion is to act now. If you lack the resources to do it yourself, find a trusted partner to support you.
After selecting a supplier, the next step is to meet and start scoping and planning the exercise. Get the vendor to write a proposal and provide an estimate. Remember to ask what information and resources they require from you during the exercise. Also, keep in mind that this exercise is about implementation, so don't be swayed by the flashiest slide deck; it often reflects the price more than the quality of the deliverables.
If everything feels right, begin the project. Make sure you have allocated the right resources, that they understand their roles and the project’s goals, and then get the exercise running. Have regular check-ins with the vendor along with your key personnel to ensure progress and alignment.
If you are looking for a reliable partner, contact us at eddi@eddi.lv.
Read more about how IT provides essential support for business processes here.
Energy and sustainability issues are becoming increasingly relevant worldwide. Starting environmentally friendly practices in a company may seem like a significant challenge, but in reality, it is simpler than it sounds. By gradually adapting your operations, you can not only reduce your environmental impact but also create a positive influence on society and strengthen your company's reputation. Here are some practical tips to get started!
The first step is to establish specific and measurable goals, such as:
Follow the SMART principle: goals should be Specific, Measurable, Achievable, Relevant, and Time-bound.
Plan specific steps to achieve your goals:
Sustainability is not a one-person job – it’s a team effort!
Small steps lead to significant changes:
Regular performance monitoring helps you understand what works and what can be improved:
Implementing green thinking is not just a trend – it is a way to create long-term value for both your company and society. Becoming an environmentally friendly company can be your contribution to a sustainable future. Start small – and those small steps will lead to significant change!
If you need a partner to help achieve these goals, SIA Eddi assists companies in implementing effective and sustainable solutions. Let’s work together to create a greener future!
Explore how Eddi has helped businesses overcome challenges and achieve success. Our case studies showcase real-world examples of how our tailored IT solutions and technological expertise have driven growth, enhanced efficiency, and delivered results across various industries, including production, renewable energy and retail.
Check back regularly as we continue to add more success stories from our collaborations with leading companies.
