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Database

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Issue:

English

 

Written by:

Raymond T

 

Date added:

September 10, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

15 / 4163

 

Was viewed:

239 times

 

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Essay content:

BI tools should provide data-driven insight. (Dyche, 2001 (www.informit.com/articles). Simply, a?? Business Intelligence (BI) is about getting the right information, to the right decision makers, at the right time. a?? BI is an enterprise-wide platform that supports reporting, analysis and decision making...
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Many businesses devote entire divisions just to this process, in order to try to streamline their workflow and make more money for less effort. Those that succeed, succeed financially also. Those that fail don't usually last long. Business performance management solutions like business intelligence might, for example, set up a monitoring system on sales - profits, amounts lost in small transaction fees, amounts paid originally - with enough data, it is possible for a good business intelligence system to pinpoint exactly where costs need to be cut or new systems put in place...
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