Importance of Business Intelligence in Business Process
Importance of Business Intelligence in Business Process
Monday, July 5th, 2010 at 6:29 am
Now, days there are trend make software business intelligent. But what exactly they mean to be?
Business Intelligence: It captures and gathered data for business process, and manages data, analyze data, and take decision from past majored data in such way that makes business activity smooth and up to date.
We have gone through many types of business and have successfully developed software that can be called real Business Intelligence software. In BI, we can’t say that software can only be built in particular technology, that all are depends on the requirement and business process.
BI includes Data mining, Data Analyze, Online Analytical Processing, and reporting, these are various part of BI application. Each Part is depends on another and whole these parts makes an application that helps to run business for large or mediums size organization or even for an enterprise.
Business types includes from food selling to car selling, each has their own activity and process, but if we say about core functionality like purchase, sell, management, analyze data, report for various activity will be very similar and they will show different figure with different values as per business to business.
In, BI software it is also important that, where do we require to implement as implementation may decide which technology should be chosen to develop.
If we talk about MS platform, there are ranges of product already available which provides BI, we just need to customize as per need, apart from that we can develop BI software from scratch using various key tools of Microsoft like Visual studio, MS SQL Server etc.
Other technology has also provided so many types of tools and technology to build up BI software as in java; we have swing, hibernate etc.
What so ever technology or platform chosen for BI software, but the purpose of BI will be same “Business should run smoothly and get up to date information at each activity”.
Author: The article provides information on the importance of Business Intelligence Software in the businesses. BI applications help businesses in getting right prediction for future cost and resource planning.