Business intelligence has rapidly become an integral part of business function for many organizations as they realize the competitiveness hinges on effective utilizations of intellectual resources. Implementing business intelligence tools usually require substantial investments and careful planning.
Among the advantages of business intelligence
*Improved communication effectiveness
The system will further the cooperation between information and communication technology and the user community, in such as both parties will have to think about their data strategies.
*Improved data quality
*Better understanding of available data
*Smarter extraction and exchange of data
*Better understanding of the business processes
*Improved customer relationships
*Better logistics and inventory management
*Anomalies and fraud detection
What are the benefits of business intelligence?
The evolution of business intelligence (BI) tools reflects the broader
progress of computing technology and data management. In the 1970s and
1980s, early ...
