BI intelligence

Awesome blog! full of BI content, articles, and infographics.

BI software

Welcome to the best BI wiki!

There is increasing data of interest to the firms and researchers accessible on the internet, but it is becoming more complicated and difficult to find and access them so that it can be properly processed.

BI solutions

A data discovery tool is an artificial intelligence tools that help businessmen in finding patterns in a large data set. These patterns are normally very random and can’t be easily addressed by an individual.

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BI tools

The greatest problem a business faces in this competitive world is how to find an intelligent set of tools that have accurate predictive value to give it a definite edge over the rest. get in tif you want more!

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Data analysis

The volume of data that businesses need to analyze is continually on the rise these days. This obviously deems it necessary for you to have access to extensive tools that allows for them to compile.

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The rising popularity of mobile business intelligence

business intelligence

The field of business intelligence is continually evolving with latest technologies being introduced in the market on a regular basis. The latest word in this particular market is that of mobile business intelligence. From what research shows, businesses these days are highly interested in this particular bit of technology, with its fame rising on a continual basis.

business intelligence
business intelligence

With such a lot of industries and businesses showing interest in mobile BI, what are the benefits that it has to deliver? Well, to begin with, it guarantees access to real-time information through mobile devices, which leads to:

  • Enhanced ability to share knowledge as a means to support cohesion together with collaboration within the organization
  • Better ability in terms of making smarter, more knowledgeable decisions anywhere, anytime
  • Enhanced productivity of the workforce with added efficiency across the organization
  • Increase adaptability and flexibility in terms of outdoing competitors and make the most out of new market opportunities
  • Increased customer satisfaction by means of accurate decision making and timely deliveries

Other benefits that you can reap with the help of mobile business intelligence are inclusive of:

  1. Enhanced competitive advantage
    Businesses these days are more interested in being flexible and responsive so as to acquire enhanced competitive advantage over their competitors.  With real-time data being easily accessible, business owners are more so in the position to capitalize over market opportunities, thereby responding to market conditions in a rather dynamic manner.
  2. Better profits

With the help of mobile business intelligence, businesses will be in a much better position to improve on their customer services, thereby acquiring the ability to deliver better customer satisfaction. In the long term, this means that there will be better customer loyalty, hence leading to higher and higher profits for the organization in the long-run.

What does business intelligence mean ?

business intelligence 

For those who don’t know, the term business intelligence is used to refer to a set of tools and solutions that are meant to assist businesses in their entire strategic planning process. Through these systems and solutions, organizations acquire the ability to gather, collect, access and perform analysis over extensive information pertaining to their various aspects, and formulate easy to understand and readable data out of it. In the long-term doing so proves helpful in terms of making important business decisions over time to enhance the firms’ reputation in the market.

business intelligence
business intelligence

There are various aspects of a business that are typically covered using a business intelligence solution. For the record, these are inclusive of various areas of customer support, customer research and profiling, product profitability, market segmentation and research, and distribution analysis etc. These are commonly used by certain companies for the collection of substantial data from their business operations. In order to keep an eye on this particular bit of data, businesses will typically need to use several different software programs including Access, Excel and several data base applications so as to assist the different departments within their workplace. However, doing so can turn out to be rather overwhelming considering that multiple tasks will need to be performed for analysis purposes.

The best insights are guaranteed

This problem, on the other hand, is easily resolved with the help of business intelligence tools for these analyse data and present it in a more readable and easily understandable manner. This way, important business insights are acquired easily without having to make use of several different programs. In order to turn information into vital business insights, and to reveal important patterns, business intelligence tools feature elements like data mining, text mining, statistics, dash boards and predictive analytics etc. All in all, a BI solution is just what you need to take your business to the next level!

A look in to the fascinating world of business intelligence software

business intelligence software

Also known as BI software, business intelligence software is meant to assist in finding and analyzing business data so as to help the firm better understand its internal as well as external strengths and weaknesses. With the help of business intelligence software, managers acquire the ability to better see and understand the relationship that exists between different sets of data. This enables them to make better, more knowledgeable decisions, and even work out opportunities for cost reduction, innovation and enhanced deployment of resources.

The thing with business intelligence software is that it assists business in achieving all of these objectives by providing them current, historical as well as predictive views of business operations. Through these, business users can easily and rapidly swift through substantial amounts of data. Later, this data can be used for the detection and identification of patterns and trends. Most importantly, these offer businesses the analytical modelling tools that assist in the accurate prediction of the financial impact of action as compared to manually generated projections.

business intelligence software
business intelligence software

The functions of business intelligence software

There are several functions of business intelligence software, but the most common ones are:

  • Online analytical processing (OLAP) – OLAP is basically a category of database processing which possesses the potential to consolidate, view and analyze data as per varying dimensions.
  • Reporting
  • Text mining
  • Analytics
  • Data mining
  • Business performance management
  • Predictive analytics
  • Benchmarking

Some of the most popular research firms have concluded that since 2012, around 35 percent of the leading 5,000 global companies are finding it hard to make knowledgeable decisions regarding the changes that they need to introduce in their business and the market at large. However, the utilization of business intelligence software is now proving fruitful in helping them in working through this process.

Use business data discovery tools to grow and develop your business

 data discovery tools

Information and data plays an extensive role in operations these days, which is why business users are highly interested in the development of tools that allow them to access, analyze and share data easily.  Some of this demand is being satisfied by mainstream BI vendors through business intelligence expansion, but that obviously comes at a price. Moreover, any and all extensions made in BI systems have been rather slow. Instead of waiting, users are more so interested in enhancing influence and autonomy in the entire process of acquiring BI tools, which has lead to the onset, and increased popularity of what is now known as ‘data discovery tools’.

What are data discovery tools all about?

Bi solution
Bi solution

The thing with data discovery tools is that these happen to be both competitive and complementary towards conventional BI tools. Through these, even the most non-technical users acquire the ability to deploy and customize data. On the whole, these tools are particularly known to work in coordination with search, data visualization, dashboards and in-memory analytics so that users get to benefit from powerful applications. Most importantly, data discovery tools are known to offer enhanced analytical flexibility to users as compared to standard BI systems that at times even place limitations on ad hoc querying options, thereby preventing overall performance.

The fact of the matter is that the business world depends greatly on big data these days, which is introducing new business opportunities to them. For this reason, data discovery and analysis is a critical part of the operations of just about any business these days. For now, there are countless opportunities for businesses that wish to embrace the, and develop with the passage of time, and the data discovery tools available these days are bound to play a major role in doing so.

Helpful BI Apps on the Business Intelligence Dashboard

For those who don’t know, a business intelligence dashboard basically happens to be a

tool that enhances the overall data visualisation process. It actually provides a detailed

and precise look into the key performance indicators, also known as KPIs, and the

current status of metrics for business and enterprises. With the help of these

dashboards and the BI apps given on them, businesses are given the ability to make

arrangements and consolidations for numbers, performance scorecards and even

metrics with the help of a single screen. The thing with dashboards is that they make it

possible for businesses to customise them to meet certain needs, and display metrics

that are specifically targeted for fixed departments and points of view. The most

fundamental feature that a business intelligence dashboard presents is that of its

interface that can easily be customised, together with using multiple sources in order to

acquire real-time data.

BI tools
BI tools

See, what’s most interesting about business intelligence dashboards, which are

additionally known as enterprise dashboard, is that creating them by means of diverse

business applications is extremely easy. These are typically inclusive of Excel, which is

largely used for the said purpose.

 

Now, it isn’t uncommon for business intelligence dashboards to be confused at large with performance scorecards. However, there are

rather subtle differences amongst the two. For example, the business intelligence

dashboard, according to many, functions just like the dashboard of a car – it is meant to

indicate the enterprise status at any given point in time. However, a scorecard is

basically meant to display the progress of the enterprise towards the achievement of

certain goals over time.

 

But the fact of the matter is that the overall designs of scorecards and dashboards are

something being converged these days. For instance, you may come across a number

of commercial dashboard products that have the potential to additionally track the

progression of an enterprise towards the achievement of certain goals. The products

that combine the features of both scorecards and dashboards are typically known as

scoreboards.

Data Discovery Tools & What You Should Know About Them

Data Discovery Tools & What You Should Know About Them

There is increasing data of interest to the firms and researchers accessible on the internet, but it is becoming more complicated and difficult to find and access them so that it can be properly processed. Businesses these days need to put in more of their efforts to find quick solutions, which is just what has deemed the development and use of tools that can collect that data and make it available to interested groups necessary.

The tools, better known as data discovery tools, that are used in these situations have various applications from internal audits of a company to finding information on other items or processes that can help businesses solve the problems that they have in hand at the time.

The benefits

There is a growing tendency in the business world these days to put all the information in digital form, and it helps businesses find the data that they require. Doing so, through conventional means, could take months to discover and work.

Data discovery tools have been widely used in firms of all sorts to process and investigate the processes at hand and help find solutions and other similar cases that may assist the discovery of similarities and the needs of that process. This saves tremendous manual labor hours that could be spent on other aspects of the cases it may be more important, and thus increases the speed at which a given process is investigated and treated. Thus, this helps in obtaining better results and more satisfied customers since they are in possession of more data more quickly and effectively allowing lawyers and develop a better way their work.

There are countless applications for data discovery tools, and when paired with other applications and services, they may help in delivery work in a better, more efficient manner.

Logi Analytics: The best BI company around

Logi Analytics: The best BI company around

Logi Analytics happens to be one of the best BI company these days, which started off with a vision relating to the ways in which the web can transform the ways in which people see, analyze and use data. Back in the year 2000, the CTO of the company Arman Eshraghi initiated the company with the intention of developing technology that had the potential to let web developers easily, and seamlessly embed compelling data visualization within web sites.

With the passage of time, the company acquired the reputation for possessing the easiest, most trusted technology for the creation of web-based data visualizations. This core technology was then further evolved by the company as a means to create a platform that delivers an outrageously quick, and seamless means of initiating web-based BI applications.

The present

At the moment, the technology developed by Logi Analytics has the potential to support the BI initiatives of more than a thousand companies across the world. With the help of Logi Analytics’ support, the companies are in the position to deliver meaningful, understandable information to not just their employees, but partners and customers as well – that too in a way that is less expensive, more flexible and extremely fast!

Apart from serving companies that use the technology offered by Logi Analytics on an internal basis, the company has also come about to be known as a leading provider to the ISV and SaaS industries wherein the technology offered is used on an OEM basis. Through it, the companies have the potential to easily embed data visualizations straight into the software and services offered by the customer. This way, the customer can expect increased revenues together with enhanced customer satisfaction.

The best part about, and what makes Logi Analytics the best BI company around, is the fact that it continually works on evolving its technologies so as to deliver top notch solutions to its clients.