Business Intelligence…. what is it anyway? According to Gartner’s IT Glossary, it is the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance. In more simple terms, Business Intelligence helps businesses make smarter decisions often with the data and information living within their own organizations. How it’s done is not as important as to why it is done. One thing to keep in mind when implementing a Business Intelligence solution, is to always remember what business problems you are trying to solve or what advancements and specific improvements are you trying to make. This focus will ensure that your not making a solutions for the wrong reasons will ultimately result wasted resources.
Business Intelligence, when properly used, is a solution that can help companies gain market share, find new revenue channels, reduce customer churn and all the while using something these companies already have – their data. The decisions that need to be made are often found in the data and information within one’s organization. Sales information, customer service tickets, financial or marketing data are all contained in the organizations. The secret ingredients are already there, and just need a solution to help business analysts and executives extract the value from the data.
Dashboards and Reports are some the most common way that Business Intelligence is consumed by business users. The result is the most important part of any business solutions, but there is a lot going on under the hood of a business intelligence solution. It is wise to get a business intelligence consultant that can help take you from concept all the way through to implementation. Our Business Intelligence consultants can advise you on what type of solution that will best fit your situation. It may seem like a daunting path too go down if you are not educated on the process in implementing a Business Intelligence solution, but with a trusted guid by your side you’ll be able to make sure you get what your business needs.
Business Intelligence is a key strategic component in the majority of successful companies and organizations in today’s professional world. It is no mystery that data is the fuel that produces sound decision making. It is also no mystery that the majority, if not all, of the Fortune 100 Companies today are using some form of Business Intelligence within their organization.It is Datamensional’s goal to bring rapid Business Intelligence solutions at affordable rates to small and medium businesses. Our President, Benjamin Goewey, a top Business Intelligence Consultant, is very passionate about the opportunity to bring Business Intelligence tools and methodologies to businesses either unaware of the capabilities, or under the impression they may not be able to afford Business Intelligence.
If your company is looking to gain greater insights from your data, reach out to us and our expert business intelligence consultants can walk you through different options for your business.
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