LLP wins the “Most Innovative BI + DATA Solution of the Year” in the “Business Value Creation” category
July 2017 - LLP Hungary was awarded the “Most Innovative BI + DATA Solution of the Year” in the “Business Value Creation” category at the E-Banking Summit on 30 May 2017, in Budapest.
The E-Banking Summit is the annual meeting of Hungarian banking representatives, related IT and consultancy companies. The summit focuses on modern economy and future trends while providing insight into the latest technology and innovation within financial services. The group jointly reviews the direction of the technological transformation of the domestic banking sector. The E-Banking Summit also highlights the main issues that the various sectors face and how to best help potential suppliers solve these issues.
This year’s presenters highlighted the key influencers within the banking sector as digital transformation, legislation changes, e-identity, robotics, HIBAR, Artificial Intelligence, and Chatbots.
Local as well as international companies within the finance, banking and the ICT sector were represented at the conference.
Some examples of companies that presented and participated in the conference include:
Hewlett Packard Enterprise, T-Systems Hungary Ltd., Generali Biztosito Zrt., UNIQA Biztosito Zrt., PwC Hungary, Konica Minolta Hungary Ltd., OTP Bank, CIB Bank, Hungarian National Bank, UniCredit Bank, Erste Bank, Sberbank, K&H Bank, Merkantil Bank, Oberbank AG, CE Factor, MKB Bank, Budapest Bank, Szechenyi Commercial Bank, Hungarian Savings Co-operative, Raffeisen Bank, Aegon Hunary, AXA Bank, Provident, NAV, Hungarian State treasury, ONYF, NN Insurer and GIRO.
Gyöngyvér Majorosi, Head of Sales at LLP Hungary, began her presentation stating, “Today, data management and analysis is essential. BI tools available on the market provide more than basic reporting; current software solutions are able to meet a variety of business needs. Even though predictive analytical tools are available in many of the existing BI solutions, only a few companies actually use and benefit from them. Having BI tools is essential, but no longer enough if not used to their full potential.”
Gyöngyvér Majorosi concluded her presentation highlighting 3 main components that could positively influence company’s success while creating business value:
- A BI solution that is able to perform complex analysis;
- An operational team that includes data miners, finance and economic professionals and experts of statistical methodologies;
- Direct connection with an external database that provides structured data, in the right format.
During the E-Banking Summit, LLP and Opten announced their official partnership. This collaboration means a more innovative and comprehensive predictive analysis solution available within the BI software market.
By combining LLP’s BI tool with OPTEN’s external database and data models, companies will be able to see the impact of their decisions immediately.
During closing ceremonies, LLP Hungary – represented by Adam Bager, Chairman & CEO of LLP Group – was awarded “category winner” Most Innovative BI + DATA Solution of the Year.
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