123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Technology,-Gadget-and-Science >> View Article

Efficient Bi Tools And Its Uses

Profile Picture
By Author: martin well
Total Articles: 364
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

One of the most critical aspects of running a successful business is to be able to come up with the apt decision at the apt time. This is a reason why so many businesses have either succeeded or failed. In business, it is essential that you are updated on everything related to your product, competitor and market, so that nothing can cause you any loss.

Business Intelligence tools (BI) refers to the process, technologies, skills and the correct applications and use of this data to arrive at a sound decision. Regardless, of how efficient your goods and service are, if you are unable to make the correct decision in marketing, branding and the like your products loose their chance of making it big in the market.
When you can successfully mix Business Intelligence tools with your enterprise’s operational data it helps you to:-

• Maximize sales utilizing selling tools based on facts
• Attain budgeted sales
• Attain profits by targeting profitable initiatives
• Helps to predict the future behavior of customers and prospects
• Minimize low-yield activities in the sales process
...
... • Maximize customer loyalty and maintain them forever
• Execute high end promotions and advertising tools
• Maximize the accuracy and timeliness of sales predictions
• Maximize proportion of high value users in the customer mix

Today leading market players in Product R& D Services help their users and clients to establish and assist in cost-effective, robust business intelligence tools by utilizing a combination of open source, proprietary, and stand alone technologies. These companies with their project execution engineers and support teams have the experience in a wide range of BI tools having multiple purposes for instance, data processing and data acquisition.

An organization’s ability to have access and estimate any crucial data quickly helps it to make right decisions at the apt time. A crucial factor in offering successful BI tools and warehousing solutions is offering high end performance at a minimal expense. Leading service providers offer software product development and support service for almost every aspect of data warehousing and BI. The focus areas are:-

• ETL and Data Warehousing
• Enterprise Performance Management
• Reporting and Analytics
• BI Tool Benchmarking and Integration

Similarly, BI solution providers often join hands with BI enabled enterprises and ISV’s to assist and develop cost-effective, efficient BI Solutions that utilized proven methodologies. Furthermore, it includes a mix of open source (Pentaho, JasperSoft), proprietary (Oracle, Microsoft), and stand alone Ab Initio, Informatica, BiRT) technologies.

Also read on -
developing mobile applications,
product lifecycle management

Total Views: 308Word Count: 404See All articles From Author

Add Comment

Technology, Gadget and Science Articles

1. Wordpress Development Service: Build A Powerful And Scalable Website
Author: Mindpath

2. How To Import Google Contacts To Another Google Account? Efficiently
Author: Rohit Sharma

3. The Benefits Of Restaurant Management System
Author: sidharthh

4. How Ai In Returns Management Transforming Retail Businesses
Author: Warren

5. Unleash Your Gaming Vision: Why Hiring Unity 3d Game Developers Is Your Best Move
Author: yansiel

6. How Virtual Answering Services Have Added A New Dimension To Business Profits
Author: Julian Serle

7. Unlocking Business Potential Through Technology
Author: Digiprima Technologies

8. Custom Erp Software Development Company
Author: sidharthh

9. Know How Stellar Data Recovery Helps You Recover Lost Data
Author: Stellar India

10. The Crucial Role Of Rolling Shutter Parts In Modern Construction
Author: harsh sharma

11. Thermal Instrument's Helicoidal Thermowell: The Leading Solution For Accurate Temperature Monitoring
Author: Raman Joshi

12. Enhancing Mobile Application Security Through Cybersecurity Professional Services
Author: Stellanova GlobalTech

13. Android App Development Company: Building Scalable & Innovative Mobile Solutions
Author: Perfectiongeeks

14. Optimize Your Website Structure With An Internal Link Checker Tool
Author: EliteSiteOptimizer

15. Efficiently Build Your Website With Odoo: A Quick Guide
Author: Alex Forsyth

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: