Milton Keynes based illuminis insight software is a finalist in the National Technology Awards 2020, Analytics Project of the Year category. The illuminis team will attend a prestigious awards evening on May 7th at The London Marriott, Grosvenor Square where they hope to raise the winning trophy. Illuminis created the analytic project using their established business information system branded Octelas and scaling up to a completely new module for their client, IPE Triple Line. IPE Triple Line is a UK based international development consulting company which supports the strengthening of environmentally sustainable, social and economic development for the public, private and voluntary sector. Through Octelas, illuminis developers and data analysts have provided a solution for IPE Triple Line to access powerful and reliable operational analytics to greatly improve tracking and monitoring of their projects, resources and financials. The software uses configuerable dashboards for extensive reporting and management insight. The new system has also enabled connection across locations into one integrated system, with ultimate business flexibility, that meets all of their requirements to run an agile organisation. Founder of illuminis Paul North said, “We are thrilled to be finalists in the National Technology Awards with a project that I’m extremely proud of and one that has provided a key solution for our client and taken Octelas to a new level which adds value to our business. The success of the project in the UK has created a further opportunity for illuminis to roll out the system to the parent company, IPE Global in New Delhi India.” Founded in 2012 in Milton Keynes, Illuminis Insight Software Limited comprises a team of five and has developed sophisticated entry-level, self-service Business Intelligence (BI) software specifically for SMEs. Octelas software is in use across the UK and worldwide in 7 countries on 3 continents.
Mathis Primdal IPE Triple Line "In our search for the right ERP software solution for IPE Triple Line we found most standard ERPs rigid with limited scope to extend the solution or build customisation. The nature of our business required an ERP application that can be customised to address both our current and future business needs. Octelas has allowed us to access powerful and reliable operational analytics to help us better track and monitor our projects, resources and financials with configurable dashboards for extensive reporting and management insight. This with no bolt-ons, and at a fraction of the cost and complexity of typical ERP systems. With Octelas we have been able connect our operations across locations into one integrated system, with ultimate business flexibility, that meet all our requirements to run an agile organisation. Octelas enables access to real time information, not only to those in senior management roles, but the wider employee group, as well as our external collaboration partners. Octelas is truly amazing and has enabled us to turn data into valuable information we need to manager and grow our business."
On 13th and 4th November, Illuminis headed off to the Liverpool Exhibition Centre to join some of the world’s leading suppliers of high-tech machinery and software solutions to UK manufacturing. Visited by 6000+ delegates, the event formed part of Digital Manufacturing Week sponsored by The Manufacturer magazine and Innovate UK, the government agency promoting the UK’s best and brightest companies. Excited by the opportunity to present their innovative business reporting software to manufacturers, large and small, MD Paul North said: “This was an exciting opportunity for us to showcase our innovative software, Octelas, to a much wider audience drawn from across the whole of the UK. We were delighted by our reception: our cutting edge software, enabling SMEs to instantly access any of their business data without needing special skills, really struck a chord with the businesses we spoke too, giving us many leads to follow up on after the show.” Much of the focus at the Expo was on enabling UK manufacturing to benefit from the opportunities offered by Industry 4.0 technologies (often called the “Fourth Industrial revolution” because of the potential for intelligent digital technology to transform manufacturing in much the same way that steam power did in the first industrial revolution, followed in the 20th century by electronics and then computing). The “Internet of Things” as it is commonly called, is already transforming the ability of manufacturers to control every aspect of their operations in real time. According to Paul North, digitisation of manufacturing will allow Octelas business reporting software to access data never before available: examples are endless but include the ability to identify, in the case of any single item manufactured , exactly how much it cost to produce in materials and labour. The annual Smart Factory Expo showcases over 150 cutting edge exhibitors in 8 visitor zones: smart factory, digital transformation, internet of things, industrial automation, manufacturing innovation, cyber security, field service and supply chain & logistics.
Over forty local business people attended the illuminis Spring seminar ‘Working your Business Data’ in the contemporary surroundings of the Grant Thornton Collaboration Space in Victoria House, Milton Keynes.
Illuminis is delighted to be shortlisted in the prestigious National Technology Awards of the Year in the ‘Innovative Enterprise Product of the Year‘ category for their exceptional Octelas software product. The BIG awards night is 16th May 2019 in London where we have high hopes of walking on stage to collect a trophy and be recognised Nationally for our work.
If Christmas is your key trading period then most likely you are already well into the swing of your busiest quarter of the year. But did you know that the data generated during this time could become a valuable performance tool to keep you ahead of the competition? If you are relying on standard accounting information to manage your business then it could be months – perhaps even six months to a whole year – before you have a clear picture of your business performance. But what if you had full visibility on best and worst performing goods week by week, even day by day? With totally reliable information at your fingertips you wouldn’t have to guess how you were doing, you could respond to trends by focussing all your efforts on the best achieving goods and clear those doing less well. Says Illuminis Chairman Paul North “Getting on top of issues as and when they happen is key to businesses operating on short seasonal trading patterns. With Octelas software, managers can easily track sales as they happen as well as compare them with previous years on a rolling monthly average basis so that the true underlying position quickly becomes very clear”. Likewise, pinning down the gross margin achieved on every sale is crucial to matching selling prices with market demand and still bringing in an acceptable level of profit over the period. Paul comments “Octelas calculates gross margin automatically and as users spot pricing errors immediately, they can adjust prices as often as they need to, to reflect customer demand”. In particular retailers bringing in Christmas goods from overseas need to be right on top of currency fluctuations. Octelas software adds value to your business reporting by capturing and combining all the data created by your company from accounting system, spreadsheets, CRM and other sources at least once a day and delivering it automatically to users by phone, PC or other device, providing an update on all the latest sales, purchases and other activities. Accessing the information from Octelas requires no more skill than using an online shopping trolley and so every manager can always stay on top of the key information needed to run the business without resorting to acres of spreadsheets.