Business Intelligence

Business IntelligenceBusiness Intelligence (BI) refers to various skills, technologies and practices that are used to support business decision making, therefore also called as decision support system.

According to the leading research firm, Gartner that open-source BI tools production deployments will grow five-fold through 2012. The research firm also added that the open-source BI tool deployment is growing solidly.

According to various analysts, an effective and integrated BI solution can improve business performance by having better decision making across the company. At present, various large houses like Microsoft, Oracle (Hyperion), IBM (Cognos), and SAP (Business Objects) offer BI solutions to achieve the success and better Return on Investments (ROI).

Why Business intelligence Solutions required?

Business Intelligence helps its users in various tasks like –

  1. To know your customers better
  2. To look and evaluate the competition in the market
  3. Help you to accommodate with your business partners better
  4. Process information regarding economic efficiency and ROI
  5. It also helps you in decision making for your internal operations.

business intelligence

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Business Objects XI: Desktop Intelligence Course

Product Description This course is designed to teach basic and advance reporting techniques and skills for Business Objects XI Desktop Intelligence. People taking this course should have experience using some sort of reporting tool, such as BusinessObjects, Microsoft Excel, Microsoft Access, or any of the similar reporting applications. This course is unlike any other in … Read more

eWEEK Chooses Business Intelligence Software from Rapid Insight Inc. as a “2010 Product to Watch”

eWEEK Chooses Business Intelligence Software from Rapid Insight Inc. as a “2010 Product to Watch” Rapid Insight® Veera Recognized by eWEEK Editors as a Product that Enterprise IT Decision Makers Should Keep on their Radars Read more on PRWeb via Yahoo! News

Exploring Business Objects Web Intelligence

Web Intelligence is a reporting tool from Business Objects useful for understanding and controlling business tasks. Using Web Intelligence, one can create simple as well as complex reports and share the same with other team members. It provides access to the right business information quickly and easily to help decision makers take business decisions.

Web Intelligence allows users to access, analyze, and share corporate data over intranets and extranets for both relational databases (RDBMS) and online analytical processing (OLAP) servers. Web Intelligence provides users direct access to the source database and thus helps in analysis. As a result users can respond quickly to everyday business questions.

In order to access Web Intelligence, users need to log in to the Business Objects InfoView via internet browser. Here users can create, edit and analyze Web Intelligence documents. They can also upload documents to the repository or share documents with other users using InfoView.

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Success Factors of Business Intelligence Implementation

Business Intelligence (BI) refers to skills, processes, technologies, applications and practices used to support decision making. Thus a BI system can be called a decision support system. Although there could be many factors that could affect the implementation process of a BI system, a research shows the following are the critical success factors for a business intelligence implementation:

1. Focus on business processes and requirements. Often companies get tied up in the technical capabilities and ignore how you want your business operations to run and what your key business requirements are. Once you have this defined, you can engage in a more effective BI system.

2. Focus on achieving a healthy ROI (Return on Investment). This requires developing a high-level business case, establishing key performance measures, setting baselines and targets for those measures, and tracking performance after go-live.

3. Strong project management and resource commitment. Ensure you have a strong project manager to support and participate in the project.

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