Every day, companies generate a lot of data from various sources. With this big amount of information, it is often difficult for the management to observe and control all business processes in the company. They need a specific tool so they can integrate and transform the business data and visualize it in an understandable way, so they can use it for accurate and informed decision-making.
Business Intelligence (BI) is a software instrument which provides a detailed view over the past and current business activities and predicts future trends. BI is a powerful tool that extracts, optimizes, analyzes and presents company data. The BI application is an upgrade to your current IT systems that helps management to understand and know what is really going on with their business.
BI systems can be implemented in all companies no matter what their size or type of business is. They provide important reports and analysis about company’s KPIs on which basis the management can make the most successful decisions for future company access.