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The Business Intelligence Solution transforms raw data into meaningful and useful information for the intuitive presentation of knowledge and for the publication of Business Intelligence objects.
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The Business Intelligence solution enables the collection and extraction of intelligence through enrichment and extension. A business intelligence solution can handle large amounts of information through collaboration.
The Business Intelligence solution helps identify and develop new opportunities through theories, methodologies, processes, architectures and technologies.
The implementation of Business Intelligence can bring additional business value in all business divisions. Measurable benefits can be achieved in measurement, analytics, reporting, corporate reporting, collaboration, collaboration platform, knowledge management.
Business Intelligence tools are used to provide insight into structured data. With the tools, companies can track various user-defined KPIs. Business Intelligence tools drive data-driven decision-making processes.
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The availability of Business Intelligence tools in the cloud enables quick access to key data in real time, regardless of location. Data can be integrated and formatted from various sources, allowing managers to run various ad hoc reports. Improved business processes lead to increased efficiency and productivity.
Business intelligence tools enable seamless scalability of users across enterprises – from single users to hundreds of users without significantly changing costs.
The tools enable the integration of powerful reporting software such as Crystal Reports. Reports can be customized for use by clients, CEOs, managers and staff. BI-generated charts, graphs, and visualizations can be integrated into existing customized applications.
Information is provided for both historical and real-time data. The resulting reports can be exported in various user-defined formats such as Excel, PDF or PowerPoint presentations. Users monitor various analytics metrics from a user-friendly dashboard that can be customized to the user’s preferences. Real-time access to key data enables decision makers to take action on the fly. After all, BI tools are great for reducing risk and increasing efficiency.
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Centralizing the corporate database promotes collaboration across departments while eliminating duplication of resources. Some Business Intelligence tools are open source, allowing for customization and integration with other applications. The data is organized in columns and users have access to various analytical filters. Analysis reports can be shared with colleagues via email at scheduled intervals.
The Business Intelligence solution uses data collected from a data warehouse or data warehouse. Source data is collected from multiple sources through transformation and stored in an infocube or data warehouse. A data warehouse is a repository of analytical data that facilitates decision making.
The Business Intelligence Framework deals with how end users perceive solutions integrated in BI tools. End users can be managers, employees, directors of management boards or other key decision makers. The business architecture framework divides these views into three.
The framework will start by extracting data from existing internal integrated software such as ERP or CRM. Data may also be obtained from external sources. The next stage is the data warehouse phase, where data is downloaded and uploaded. Data analysis is then done through various analytical techniques such as reporting, monitoring, modeling or visualization.
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The analyzed data is then grouped into different departments that will use it, such as HR, IT or finance. End users such as managers, directors or frontline employees can then use the data to make decisions and implement key policies.
The BI framework always tries to simplify outsourced data and present it to the end user in an understandable form. To improve Business Intelligence, existing processes are built into the system. This ensures a smooth flow of information.
There are three ways to deliver business intelligence – unstructured investigation, structured investigation and embedded. In the first case, the end users are business analysts and are provided with an extensive database that allows them to answer some of the unusual business questions. This is done through visualization, exploration and modeling.
In structured research, insightful reports are presented to end consumers, enabling them to get answers to recurring business questions.
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In an embedded view, information is constantly communicated to end consumers, enabling them to measure their goals and end results.
The last part of the Business Intelligence architecture is the analytical part. Various applications are used to dig deeper into the dataset by answering relevant questions.
Each department in the organization has a list of questions it expects to be answered. HR may need to know where improvements need to be made, while finance may need to know how they can increase shareholder value.
Web Business Intelligence is a suite of new business intelligence tools and software that enables employees and business users to dynamically mine corporate data in real time, with a more web- and browser-based approach to that data. Web BI provides flexible, intuitive, instant drag-and-drop dashboards, ad hoc reporting tools, and interactive analytics on the web, whether on your desktop, laptop, or mobile device. Web mining requires both information retrieval and artificial intelligence techniques.
The Business Intelligence Index
Web business intelligence is achieved through service-oriented architectures (SOA),
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