Few things about BI you wish you’d known earlier

Business intelligence or commonly referred to as a BI is changing the paradigm of small and medium sized enterprises in a better way. If you’re a business owner or decision maker, you may already be familiar with the BI capabilities and possibilities it brings for your business. Industry experts have been realizing the benefits of BI as how it brings intelligence in your business.

Gartner and Forrester firms have already acknowledged the benefits that a BI software brings in place. Enterprise data is a real time asset which can be leveraged to uncover the hidden gems of any department. Be it finance, sales, customer care, logistics, supply chain, procurement or any other. Organizations who embark on BI journey a little earlier reap the maximum advantage. 

Until recently, big data was a joystick for select few. But, with the invention of the Business Intelligence software, self-service capability has enabled everyone to gain information at the drop of a hat. Many organizations are still operating in a legacy mode and using the obsolete methods of filing reports, and doing major paperwork. This all makes arduous for organizations to generate insights in real-time. This becomes especially challenging for large scale businesses where there are heaps of data that needs to be leveraged in real time. The result is blind spots in data that open the gateway of risks.  

The self-service solution has been on the wish list for business users for a long time now.  The use of BI tools enables users to generate reports and dashboards on the fly. With this capability, decision makers can filter and visualize reports in a jiffy. They can have real-time insights, address their unique needs and monitor the areas of improvements more closely. In this manner, drag and drop functionality provide users with a deep level of insights.  

We have great news for you if you are a business user especially if you are required to generate reports on the fly, The creation of ad-hoc reports is no longer a hassle for IT team if you have BI solution in place, Now, business users and decision makers can create ad-hoc reports with ease and precision without the need of the IT team. With a BI software in place, it becomes incredibly easy to get deep insights about any transactions or records irrespective of duration. 

BI software such as Tableau empowers an organization to upload spreadsheets and other tabular data with ease. Now, it is incredibly easy to upload data from excel  CSV, TSV, XLS and HTML files.  

BI software is enabling businesses to stay agile and competitive in today’s highly demanding work environment. BI software is incredibly easy to implement. Should you be needing more details as to how this business intelligence software can be a real gem in your business or so? Then, it’s best to consult one of the BI consultants who can provide end-to-end BI services like consulting, dashboarding, data visualization and other.