Performance Improvement Partners Adds Innovative Service to Improve Portfolio Company Performance and Increase PE Shareholder Value
Fairfield, CT – One of America’s leading IT Consulting firms, Performance Improvement Partners (known simply as PIP to its numerous private equity clients), announced the addition of Business Intelligence services to its core offerings.
PIP is a brutally pragmatic organization that has completed over 700 portfolio company IT projects over the past eight years. It’s no secret the key to marketplace growth and profit is making informed, knowledgeable decisions based on real data. The problem is that technology has become its own worst enemy. Companies routinely amass mountains of raw data. Traditionally most of this data continues to be reported and analyzed in what we call ‘a transactional, single dimension’ which allows little ability to perform meaningful analysis.
According to the company, comparing data across departments and products can be difficult at best with this limited configuration. This in turn restricts usefulness, and ultimately creates lost opportunity. The advent of PIP’s Business Intelligence (BI) process is expected to change those dynamics. The firm’s process deploys a multi-dimensional approach to identifying, extracting and analyzing data. Depending upon the parameters of the assignment, functions such as online analytical processing, analytics, data mining, process mining, business performance management, benchmarking, text mining and predictive analytics are deployed.
“Imagine having the ability to organize raw data into tools that improve decision making, cut costs and identify new business opportunities,” said PIP President and Managing Director John Bisack. “Simply put, our new Business intelligence process has been designed to provide our clients with an insightful perspective on how their portfolio companies might evolve in the future under different scenarios.”
If utilized properly, the Company believes BI will also assist Senior Portfolio Company Management in identifying inefficient business processes that are ripe for re-engineering and explore key performance indicators that will help facilitate growth.
According to John Bisack of PIP, BI also contains the proverbial cherry on top of the sundae. “Our BI services will also provide great value to our Private Equity clients because they will have the ability to evaluate portfolio companies across business sectors more accurately than ever before. This can only improve ultimate PE shareholder performance.”
For almost a decade, PIP has maintained a singular vision: To provide the Private Equity Industry and its Portfolio Companies innovative, strategic solutions and cost-effective implementation programs at an unparalleled price-value. We have completed more than 700 engagements for over 65 PE firms, to become one of America’s leading business process and IT consulting firms. The Business Intelligence Services Division has been designed to support that corporate mission.