InfoPlanIT created the United States and European Union Economic IPIT (InfoPlanIT) indices. These indices provide clients with a snap shot view of macro-economic activity in the US and European economies. InfoPlanIT used it’s M1 Platform to consolidate national and global economic indicators to provide a simple and easy way to gauge the economic activity occurring in the United States and European economies. The IPIT indices consist of a primary commercial index with series of sub-indices. The IPIT indices are provided to InfoPlanIT clients on a subscription basis.
On a daily basis business are overwhelmed with detailed micro-economic information. Businesses spend their day gathering, reviewing, dissecting and understanding micro economic data to maximize opportunities and avoid pit falls. Identifying and analyzing macro-economic trends that go beyond a particular enterprise, specific industry or economic sectors, is time consuming and a daunting task. InfoPlanIT’s clients voiced the need to receive macro-economic data in a simple and easy format, so that a macro-economic backdrop context existed to their specific position within the various national economies. Understanding how their particular enterprise or sector was preforming compared to the general economy was crucial.
The unique solution
InfoPlanIT completed a detailed assessment of client’s macro-economic needs. Upon completing a detailed analysis InfoPlanIT discovered that clients preferred:(1) a single numerical representation so that they could quickly gauge if national economic activity was increasing or decreasing;(2) Heat Map representations;(3) Sub – indices regarding employment, credit, housing and manufacturing; and (4) that the information was e-mailed to subscribers on a weekly basis.
To provide a consolidated vied of the information, InfoPlanIT created the IPIT indices for the US and European markets. To provide the indices, over 40 + various public and private data sources were required for inputs. The information would have to be pulled from regional, national and global data sources on regular intervals, to provide real time updates, and to provide calculated outputs for each sub-index and the primary IPIT commercial index.
InfoPlanIT used the M1 Platform to consolidate the 40+ data sources and deliver the IPIT indices to its client in both the United States and Europe. The M1 Platform is able to pull from diverse data sources and provide data visualization for real-time macro-economic data, powering the IPIT indices.
Results, return on investment and future plans
used the M1 Platform to consolidate the 40+ data source and deliver the IPIT
indices to its client in both the United States and Europe on a subscription
basis. The M1 Platform can pull from diverse data sources and provide data
visualization for real-time macro-economic data, powering the IPIT indices.
Remove the pain from your data processes
For an in-depth look at how InfoPlanIT’s M1 Platform can help you to access, visualize, and integrate data from all your sources, let’s talk. Our evaluation process and Platform can provide you with valuable insights and solution into your enterprise needs. Call or email us today. We’ll schedule a 30 to 60-minute call including a live demonstration during which we’ll talk you through the business benefits of the M1 solution and the savings possible for your business.