Business intelligence is all about taking your data and generating business benefits from it. So what this means is, taking data and turning it into information, creating knowledge then getting it out to people at the right time in the right place in the right format so they can make better decisions to drive business benefit. 2. Solution Assessment: In this phase, the business intelligence solutions are assessed with the high level requirement of the implementing company. This unique software fosters business-IT collaboration and gives all users access to governed, secure, and real-time data.
Yellowfin BI is a business intelligence tool and ‘end-to-end’ analytics platform that combines visualisation, machine learning, and collaboration. Business Intelligence software systems provide historical, current, and predictive views of business operations, most often using data that has been gathered into a data warehouse or a data mart and occasionally working from operational data.
Tools for building BI dashboards and performance scorecards that display visualized data on business metrics. In the last 6 months, we tested several business intelligence (BI) solutions like Cognos, iQ4bis, Business Objects, Qlikview, Micro Strategy and BDA. They come with deep domain experience in business intelligence and analytics to focus firmly on the firm outcomes.
Disseminate information regarding tools, reports, or metadata enhancements. Capturing the business knowledge that may only exist in the minds of business users provides some of the most important data points for a complete BI solution. The data quality and reliability has increased and analytic users are now able to get very detailed information in both standard and ad-hoc reports.
Technology vendors build applications and data warehouses that do much more than the business desires, and sometimes require the business to change key processes. Finally, Business Intelligence refers to the set of tools to extract business experience. BI is an umbrella term that combines architecture, tools, databases, analytical tools, applications and methodologies.