Nominated for OUT OF THE BOX.NRW

Bion Analytics UG

Düsseldorf

Nominated by:
Tomi Pilipovic

Internet address:

www.bion-analytics.com

Your business model in three sentences

Bion is an intuitive SaaS solution that enables companies to gather data from different sources, build powerful workflows to automate data preparation, and distribute prepared data to the required destinations whenever needed.

What problem do you solve?

The average German SME uses up to hundreds of different data sources in their day-to-day business. Collecting, preparing, and harmonizing these data for analysis is often complex, tedious, and time-consuming. Approximately two out of three German SMEs, neither have the resources nor the know-how to address these challenges adequately. Furthermore, the enormous growth of data volume (Digitization & IoT) and the shift to cloud computing pose an additional challenge for today’s SMEs. Many SMEs have started to recognize the tremendous potential of their data. However, they fall well short of expectations in terms of implementing solutions to address these issues. Consequently, many companies still use the wrong tools for data preparation ( mostly Excel), which often causes hours of manual and repetitive work since data must be prepared manually whenever a report or analysis is created (weekly sales report, monthly cost report and so on …). The Luenendonk BI-Study showed that, on average, 8 of 10 hours are spent on collecting and preparing data. Only 2 hours remain for the real value-adding work - the analysis and visualization of data.

What's your digital solution?

With Bion, companies can seamlessly automate their entire data preparation process (data connection, transformation, distribution) in three simple steps: 1) Connect We offer a variety of data connectors to extract data from any application, database, or file to a single place. No more conflicted versions, outdated data, or lost spreadsheets - just a single source of truth for everyone 2) Transform Once connected, data preparation can now be automated in the workflow designer. The visual and intuitive interface enables any user to perform even complex data transformations with a few simple clicks (No-Code). 3. Automate & Share The prepared data can be shared with co-workers within the platform (collaboration), accessed via the API Endpoint, or directly integrated into databases, ERP-Systems and BI-Applications. All steps can be repeated at the push of a button, or planned in advance via the scheduler, ensuring that prepared data is available whenever needed.

Why should we award you for your digital business model?

Data will be one of the key factors for business success. Companies of every size and in every sector will have to gather, transform, and analyze their data to remain competitive. This is particularly true for German SMEs. They will have to catch up in terms of digitization to secure their leading market position. We believe that Bion has the potential to change day-to-day work with data. The award would help us greatly in turning this vision into reality.