What is The Right Mix Of Business Intelligence Tool

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Business intelligence is a relatively new field in the business world. However, this does not mean that it should be earlier to it will do all types of businesses that provide care for this aspect. Business intelligence is something that can actually foster a healthy working environment for all kinds of industries. After all, the only thing constant in this world is change, and this also applies in the business world as well. Thus, it helps to put business intelligence in corporate settings, and has a business intelligence tool that fits on your side of the fence.

In short, business actually use business intelligence to gain much-needed advantage over their competitors. Thus, there is no business without a significant competitor to actually pay for extra work. What business intelligence is that it provides businesses a perfect way to understand the needs of their customers, how their customers make decisions regarding the purchase of products and services, how customers view the products and services in the market, and the usual technology, cultural, and economic trends in the market. More than that, business intelligence is not focused only on customers only. In contrast, focuses on all aspects surrounding the market, to obtain a complete picture of the industry as a whole.

Seeing how the balanced scorecard and key performance indicators or KPI has become a major managerial tool in establishing the business today, it's not really surprising to find this in conjunction with business intelligence tools as well. With the help of KPIs and balanced scorecard, the data actually becomes more and more accessible and also processed faster and faster, it will be tied to how companies have implemented KPI today. Believe it or not, in the past, it will take weeks, even months, for companies to have access to current data that businesses can access only a day. This is an efficient way the business world has become with the help of these tools.

Business intelligence gathering clearly needed all kinds of information and then analyze this information to provide relevant data to the public in an organization, most of the time, this will become a member of upper management. These efforts require the use of some equipment and tools, the data will include data warehousing, data mining, and modeling data. These tools are data that make it easier for companies to collect the necessary data and then analyze and interpret it correctly. This tool will be used for the purpose of the organization and will also be used in conjunction with OLAP or Online Analytical Process. Another term for Analytics and OLAP is the basis for this procedure is actually the Cube Dimension Analysis.

With everything covered, clear business need the right mix of business intelligence tools to improve better in the market and increase their reach to customers, which they want to have on their side of the fence. With the right tools to help companies gather data that they need, every business must be able to gain any significant advantage over competitors.

Reference:
[1] Sam Miller,http://EzineArticles.com/?expert=Sam_Miller

Business Intelligence Software Review Your company should know

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In September 2009, IBM published the results of their survey with the 2600 CIO from 78 different countries and 19 different industries. 83% of CIOs interviewed personally selected Business Intelligence and Analytics as their main priority for 2009 and 2010.

In the past 6 months, we tested several business intelligence (BI) solutions such as Cognos, iQ4bis, Business Objects, Qlikview, Micro Strategy and BDA. They vary much in function, price, necessary resources (external and internal), the target group, integration with data sources and more.

In addition to its own research, we interviewed more than 50 companies to get their input about the experience with BI solutions, they TCO (total cost of ownership) and their future plans with Analytics.

We found that large companies is less price-sensitive and still invest in an external consulting and add additional users for their BI systems. But most small and medium-sized companies, (most of them with $ 50 million to 500 million U.S. dollars annual turnover, the so-called SMEs or Small and Mid-Size Business) want to reduce their costs for application analysis and take ownership more by using the resources internally to build or expand the data warehouse and analysis applications.

Therefore, we concentrated our efforts in searching and examining applications of BI are cheap, feature rich and easy to implement with the resources in-house. We found one clear winner, a relatively new business intelligence software, called BDA which stands for Business-Data-Analysis. BDA offers a data warehouse based on Microsoft technology, SQL-Server (but works with all types of data sources like Oracle, IBM DB2, SQL-Server, Access and many more), reporting and analysis front-end and many pre-packaged business solutions such as Sales Analysis for JD Edwards, Sage, BPCS, SAP and more. The two features we most like is that the BDA offers an unlimited number of user front-end for reporting and analysis system and the fact that IT departments can take full ownership of BDA to build or extend applications.

Reference:
[1] Herbert Schoenek, http://EzineArticles.com/?expert=Herbert_Schoenek

On Demand Business Intelligence Applications:7 Things You Need to Know about

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The next generation of business intelligence applications demand is already here, providing instant visibility to the fraction of the cost of traditional BI offerings. Look at the following seven facts you need to know about business intelligence on-demand.

1.Provides right metrics out-of-the-box - the next generation of BI applications are pre-integrated with the ERP, such as SAP, to provide a full set of metrics best practices in key subject areas such as the performance of suppliers, procurement and inventory performance.
2.More affordable than current solutions - application True on-demand business intelligence available at an affordable monthly subscription with zero up-front investment. Say "goodbye" to ongoing professional services, consulting fees, and upgrades.
You 3.Simplifies BI processes - On demand BI BI infrastructure by replacing the entire URL. No software or hardware, there is no change or IT professional services. An effective solution more reliable and cost.
4.Promotes user adoption - The complexity inherent in traditional business intelligence on-premise installation of the adoption of low-end users because user expectations are not met. With the demand for business intelligence, there is essentially zero risk involved - if your needs are not met, simply cancel your service.
5.On-demand BI applications are secure - Data centers, like Rackspace, a SAS70 certified and provides state-physical-the-art, data and network security. Their business is focused on IT security while you focus on business IT.
6.Built for business users - On demand business intelligence applications developed with business users in mind. They combine domain expertise with deep technical knowledge to provide best practice metrics and analysis packed easy to use tool for easy reporting and navigation data.
7.Enables collaboration and sharing of information, users can share a fully customizable business metrics with co-workers to get answers and opinions on business performance.

BI applications is to fulfill the unrealized potential of business intelligence by reducing complexity, improving usability, and eliminate dependence continues to IT. Why start a long and expensive BI projects that have a high chance of failure, when you can get the information you need at a fraction of the cost, today?

Reference:
[1]Flex John, http://www.articlesbase.com/software-articles/7-things-you-need-to-know-about-on-demand-business-intelligence-applications-3503693.html