BUSINESS INTELLIGENCE
Yard Stick For Analysis
"Business intelligence (BI) is a business management term which refers to applications and technologies which are used to gather, provide access to, and analyze data and information about the company’s operations."
Business intelligence systems can help companies have a more comprehensive knowledge of the factors affecting their business, such as metrics on sales, production, internal operations, and they can help companies to make better business decisions.
Business Intelligence enables companies to gather information on the trends, issues and help them arrive at innovative solution for problems.
Business Intelligence application can also help managers to be better informed about day to day operation (e.g., inventory levels, performance metrics, and other supply chain data).
The dashboard that comes with a business intelligence tool lets users place a dozen metrics on the screen for easy viewing. The metrics are represented as visual icons (such as stoplights, graphs, linear/angular gauges, or thermometers), charts, or tables and are updated as needed to meet user requirements (e.g., from hours to days/week/month/year).
Business Intelligence (BI) is an eye to information that renders you a competitive advantage through intelligent use of available data in decision-making with the aid of pictorial, graphical and textual reports. It provides the intellectual interface between processes and people.
Need For BI
- To measure & manage performance across different business processes.
- To manage performance at different organizational levels.
- To acquire an overall view of how different processes are functioning.
- The ability to do this in real or near real time.
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| Business Intelligence |
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| BENEFITS |
- Centralized data availability for all division in Single Dash Board.
- Comprehensive Performance Management System for the Entire Group (more specifically for group companies and companies that have various divisions under one roof).
- Aggregate data availability for Decision Making.
- Accelerate your time to intelligence and enhance business results.
- Improve operational efficiency and lower your total cost of ownership (TCO)
- Make better, faster decisions and share results throughout your organization.
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