Business Intelligence Solutions are software applications designed to retrieve, analyze, transform, and report data for business intelligence. Types of intelligence tools are detailing, dashboards, data exploration, and data cleaning. The benefits of these tools are faster reporting, analysis or planning, more accurate reporting, better business decisions, improved data quality, and enhanced employee satisfaction.
Other benefits are improved operational efficiency, increased competitive advantage, reduced costs, and increased revenues.
Tips that will help when choosing these tools are examined and document current state, determine key performance indicators, develop a common language, choose a solution, begin with a trial, review continuously, and build understanding across the organization.
To conclude, Business Intelligence Solutions are software applications designed to retrieve, analyze, transform, and report data for business intelligence. Talk to an intelligence solution representative and find out how these business solutions can enhance your business.