3. BI Tools have the
capabilities to:
employ analytics to track performance
identify hidden trends & strategic information
easily manage and define Key Performance
Indicators (KPIs)
turn raw business data into visual graphs,
tables, diagrams, animations, images, etc.
5. Other BI Objectives
to manage daily business operations in real-time
through the use of interactive dashboards
to gain a competitive advantage through the valuable
insights into industry trends, customers, performance,
etc. you’ll benefit from
to analyze data faster and with greater visibility and
accuracy in order to make better decisions and extract
solutions.
6. Benefits
Easily spot areas for cost savings
Allowsusersto:
Identify new business opportunities
Optimize response times
Avoid obstacles
Predict the competitive landscape
Find emerging trends, way before their competitors
Analyze Customers (Consumer Buying Behavior)
View & measure Sales, Customer Satisfaction, Profits, Costs,
the Supply Chain, Cash Flow, Quality Defects, etc.
Companies can efficiency & gain a competitive edge
7. Home decor, film cameras,
handcrafted notebooks, and more!
Getting Started with BI
1. Implement a fully integrated ERP Management System;
This will be your data warehouse to store all real-time data
across your organization
2. Integrate a Business Intelligence System into your
Management Solution; this BI tool will take the data from
your ERP solution to transform this raw data into interactive
dashboards and reports
3. Begin creating visualizations, reports and dashboards to
visually turn your data into insights
8. Translate your data into actionable insights
to drive business growth and success