Business Intelligence has become essential part for the success of any enterprise. A successful BI solution can ignite the power of any organization. Many businesses today are finding that business intelligence is an important part of and can lead to a sustainable competitive advantage. The right BI solution can provide a financially accurate core of information and the ability to expose it across your enterprise. BI solutions enable manager to make well-informed business decisions that will have the best impact on their organization.
Various software programs have been developed to ease the work of gathering and analyzing large quantities of data .The areas that are most important when selecting a software program to aid business intelligence ventures are ease
of use, collection and analysis of real-time data, integration with data sources, format outputs, seamless data integration and business-process management.
The ideal BI solution should, in a single integrated application, support the diverse needs of a organization including planning, reporting, monitoring, modeling and analysis. It should provide a financially accurate core of information
and the ability to expose it to all employees, from finance to sales to operations and beyond. A BI application should support the challenges of complex financial processes and the increasing compliance demands of tighter timelines,
firmer controls and higher degrees of accuracy, while providing a single repository of financial truth enterprise-wide. The right BI application will enable you to turn volumes of data into meaningful information that will lead
to more strategic business decisions and impact the way you run your business.
