The term Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information. The purpose of Business Intelligence is to support better business decision making.
BI can handle large amounts of information to help identify and develop new opportunities. Making use of new opportunities and implementing an effective strategy can provide a competitive market advantage and long-term stability.
Every business needs to check the following indicators to know and understand if they are BI ready:
-The need to integrate data from multiple business applications or data sources
-Lack of visibility into the company’s operations, events, news, finances, and other areas
-The need to access relevant business data quickly and efficiently
-Increasing volume of users requiring and accessing information and more end-users requiring analytical capabilities
-Make your daily processes more efficient
Streamline your operations