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FAQs
What is Business Intelligence?
Business intelligence systems combine data gathering, data storage, and knowledge management with data analysis to evaluate and transform complex data into meaningful, actionable information, which can be used to support more effective strategic, tactical, and operational insights and decision-making.Is BI reporting better than conventional MIS reports?
Conventional MIS reports can help in providing simple management reporting, while BI reporting covers a more detailed aspect. The standard report generally shows you format-based reports from a single data source while BI integrates multiple data sources, establishes data relationships, and provides intelligent insights. Also, the regular reports are suitable for front-line executors to perform daily tasks better, but BI reports help business-level decision-making.Do I need to modify my existing IT systems for seamless integration with the BI system?
The answer could be yes or no. While business intelligence system implementation doesn’t require the intervention of any used systems, yet at times it still might require an additional configuration of networks to connect them with other BI tools.How would you help to implement Business Intelligence (BI) in my organization?
BI ensures that you have the most accurate and actionable information to make informed decisions. We, at Brainvire, with our BI application development approach help develop tailor-made solutions that provide seamless reporting so that no bad/late decisions affect your business.
What are Business Intelligence Techniques?
Business intelligence technologies use advanced statistics and predictive analytics to help businesses draw conclusions from data analysis, discover patterns, and forecast future events in business operations.What are the Benefits of Business Intelligence?
With the use of business intelligence systems, organizations can obtain a holistic view of the data of their company and convert it into insights into their business processes, allowing improved and strategic business decisions.What does a BI consultant do?
A business intelligence consultant assists businesses with the collection, organization, and use of computerized data. They evaluate existing systems and install new software when needed to better assess the company's acquired data.What are the benefits of BI services by Brainvire?
We apply Business Intelligence through: - Coordinated business processes and decisions based on real-time metrics - Extensive reporting with customized dashboards and alerts across the organization - Holistic view and acting on the go with mobile and cloud BI - Advanced forecasting and business efficiency