Get A quote

Prisom Technology LLP

Topics on Business Intelligence for beginners

Business Intelligence:

  • Business intelligence is an innovation driven process for analyzing information and displaying actionable data to encourage officials, directors and other corporate end clients settle on educated business decisions.
  • The objective of using BI for your business is to enhance your visualize of your hierarchical activities and financial status to more readily deal with your business.

“Business Intelligence (BI)= Accumulation+ Analysis + Reporting + Budgeting + Presentation”

Types of BI:

  • Strategic Business Intelligence
  • Operational Business Intelligence

Benefits and Advantages of Business Intelligence:

  • More accurate with faster reporting, analysis or planning
  • Better business decisions
  • Improved data quality
  • Improved employee and customer satisfaction & operational efficiency
  • Increased competitive advantage
  • Reduced costs
  • Increased revenues
  • Saved headcount

Disadvantages of Business Intelligence:

  • Piling of Historical Data
  • Cost
  • Complexity
  • Muddling of commercial settings
  • Time Consuming Implementation
  • Limited Use

choose BI is the for your business. Read more blog related of Small Business.

Post a Comment