Business intelligence can be used to measure a wide range of metrics and KPIs using data from financial, marketing, customer service, HR and operations departments. With all of this data synchronised in one report, businesses can establish stronger links between different business functions as everyone has a shared view and understanding of performance. Collaborative BI or Social BI is the merging of traditional business intelligence with collaboration tools such as social media and web technologies. It allows for easy sharing of reports as well as increased engagement between stakeholders and subject matter experts to make better business decisions. Data collection, cleansing and data repair can be time-consuming, but automation can significantly reduce the time and effort analysts spend on preparing data.
The most effective BI applications provide a comprehensive business intelligence platform that delivers a full range of analytic and reporting capabilities. BI should be designed for scalability, reliability, and … Read More