Business intelligence software solutions offer multiple benefits to small and large businesses alike. You can utilize them to get actionable insights from your data and use these insights to make smart decisions.
If you think BI solutions can be used only by IT specialists, you are in for a surprise. Modern business intelligence tools can be easily utilized even by lay users in your company.
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.
Software elements support reporting, interactive “slice-and-dice” pivot-table analyses, visualization, and statistical data mining. Applications tackle sales, production, financial, and many other sources of business data for purposes that include business performance management. Information is often gathered about other companies in the same industry which is known as bench-marking.