Why business intelligence or (BI)
How we help
Faster analysis, intuitive dashboards
BI platforms are built to handle large amounts of data in the cloud or on your company's infrastructure. BI systems collect data from numerous sources and store it in a data warehouse, where it is analyzed using user queries, drag-and-drop reports, and dashboards. Lenovo increased reporting efficiency by 95% across many departments thanks to business intelligence. Their human resources department consolidated many monthly data into a single snapshot display. PepsiCo also reduced analysis time by up to 90% because to the power of BI. The advantage of business intelligence dashboards is that they make data analysis easier and more intuitive, allowing non-technical individuals to develop stories with data without learning coding.
Increased organizational efficiency
BI enables leaders to access data, acquire a comprehensive view of their operations, and evaluate outcomes against the larger corporation. Leaders can uncover areas of potential by taking a holistic picture of the organization. Pfizer uses business intelligence technologies to cooperate across departments and develop models to optimize patient diagnostics and faster, better clinical trials. PEMCO, an insurance firm, uses Tableau in its operations to handle and close claims quickly. When firms spend less hours on data analysis and report compilation, they have more opportunity to develop on new initiatives and products for the business.
Data-driven business decisions
IT organizations and analysts can spend less time reacting to business user queries thanks to BI systems. Departments that previously could not access their own data without contacting analysts or IT can now dive into data analysis with no training. BI is intended to be scalable, offering data solutions to departments that require them as well as people who seek data. BrownForman expanded their BI platform to 1,000 global users and discovered that it worked well with the company's current data infrastructure. For non-technical users to view data, BI software should provide a fluid and intuitive user experience.
Increased competitive advantage
Organizations can be more competitive if they understand the market and how they function within it. Securities evaluated data from hundreds of sources to determine the ideal timing to join and exit the market and strategically position itself. Businesses can use BI to keep up with industry developments, track seasonal market shifts, and predict client wants.
