Application Of Business Intelligence Applications

As we discuss the possibility of emerging into business intelligence software we must keep in mind the overall purpose of using any type of software is to reach strategic goals in order to increase market shares. I will discuss how business intelligence software will allow us to meet those strategic goals. We will establish what type of information and analysis capabilities will be available once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software

The effective use of the BI software ever will be a competitive differentiator for SYSCO. The BI software seems to be very efficient in its role of helping the company to address its issues. First of all, the software helps the company compare a given client's activity what is typical for a customer of it size, type, geography then generate them. Consequently, the company can know what customers are actually ordering, so that they can gain the understanding about the customers' need . Also, this work would be a big problem if it was done manually. However, with BI software it seems much more easy for a SYSCO marketing associate in one operating company to access date from another one.

Business Intelligence: Business intelligence is a program that coordinates the best combinations of data in sales to achieve maximum profits.

The BI tool can be used to analyze and understand the business risk from all aspects of its operations, if implemented and maintained well, this tool will help bring attention to areas that need improvement. (Kapoor,2010).The BI tool can be customized with dashboards that can track all corporate functions like human resources, recruiting, operations, security, information technology, customer relationship management and many more departmental dashboards.

Companies are adopting business intelligence system within their organizations because by using the system reports they can gain the advantages of understanding their internal strength and weaknesses to face external competitors and challenges to increase profits and reduce cost on their everyday operations and processes.

Business Intelligence projects start out as a simple report or request for an extract of data. Once the base data is aggregated then the next request usually is about summing data or creating more reports that have different views to the data sets. Before long complex logic comes into play and the metrics coming out of the system are very important to many corporate wide citizens. "Centrally managed business rules enable BI projects to draw from the business know-how of a company and to work with consistent sets of business logic – they are what add the intelligence to business intelligence."(pg14)

Businesses have collected data for many years. Most of the data they collect has been for historical purposes, such as how much of an item has sold and what are the profits gained from those sales. Business intelligence allows one to take that data, manipulate as you see fit and generate reports. The data then has to be extracted and trends analyzed so that businesses can find more opportunities and new customer segments. This is known as business analytics. However that may sound simple, there are current business and technology conditions

As Wikipedia’s explanation, Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes. It is a solution package, to integrate all the existing data of organizations efficiently, provide accurate report to support high level managers to make business strategic decision. BI is not a new concept, it was introduced in 1996 for the first time. As the development of BI is the ETL technologies, ETL stands for Extraction Transformation Loading. Data integration platforms focus on extracting and transforming various business data, to support the requirement of Business intelligence, Data Warehouse against the data

Business Intelligence or BI is a computer-based system which is used by organizations for decision making purpose. It consist of a huge data warehouse or data marts of business data, from which it performs mining, recognizing, digging or analyzing operations to produce suitable results/reports. BI applications include a wide range of activities for statistical analysis, Data mining, querying and reporting, business performance analysis, Online Analytical Processing, and forecasting and predictive analysis. It provides organizations with significant information regarding employees, consumers, dealers and other business associates, which can be used in effective decision making.

Recommendations are to utilize a data warehouse to retrieve the data to strategize analysis, root cause of issues, and Data warehouse is one of the most important components in a Business Intelligence (BI) architecture.

The principle target of this paper is to distinguish the success factors of business intelligence system in small and medium enterprises. The characteristics of business intelligence system are a structure of this paper with how business intelligence leads to having competitive advantages. This paper distinguishes the term business intelligence, and the characteristics, and the competitve advantages for the firms. An organization trying to make focal point in order to comprehend the information that is produced in the execution of their business. Business intelligence can be an essential system to allow small medium enterprises to take vantage so from the data that are accessible. Thus, business intelligence systems can help the firms to

The first use of the term “business intelligence” was found in Richard Millar Devens’ 1865 work, Cyclopaedia of Commercial and Business Anecdotes. He used it to describe the understanding banker Sir Henry Furnese had of political issues, instabilities, and the market before his competitors. It was not until 1958 that IBM computer scientist Hans Peter Luhn recognized the potential of business intelligence. Since then, Business Intelligence has continuously evolved from when it started as an automated system to disseminate information to the various sections of any industrial, scientific, or government organization (BetterBuys).

Making decisions is an important part of the business world. However, without the proper information and data, it is easy for decisions to be made poorly. For this reason, business intelligence has been simplifying the process of delivering information and data to key decision-makers ever since it was first developed.

Every modern company benefit from business intelligence. It has to be realized that almost every tool which is

In my opinion the Business Intelligence means the procedure of taking substantial and also mixing of Knowledge, Data analysis, Technology that which may runs business opinions and views to reach their requirements that which leads to get a solution that which is Enterprise’s Growth and success