The Intelligent Pathway: What is Business Intelligence for Your Organization?

THE INTELLIGENT PATHWAY: BI What is Business Intelligence for Your Organization? Business Intelligence (BI) is a set of theories, methodologies and processes that transform raw data into useful information. Due to the lackof information, prooesses and tools, through 2012, more than 35% of the top 5,000 regularly failed to make insightful decisions about significant changes in their business e global companies BI tools present data in meaningful and easy-to-consume views that can also be made Mobile BI is taking the business world by storm. By 2015, the world's nobile work- force population will reach 1.3 billion people available within other applications, over the internet or on a mobile handheld device. BI software's analytics and reporting tools build quantitative data and strategic reporting metrics to monitor and maintain quality products, recognize product/market trends, and manage organizational performance. 60% of companies with data initiatives are seeing transformationalchanges. Modern BI tools are powerful and can access and manipulate data at lightning fast speeds. With BI tools, managers 360-degree views of business performance and analyze detailed information. can create3 BI software can be highly personalized to provide each team member the relevent information needed to make decisions effectively. According to the CIo website, te, with t n the help of business intelligence tools, Toyota realized it had been double-paying shippersto the turn of s812,000. GOAL Overall, BI plays a key role in the planning, execution and management processes, so businesses work smarter to achieve a competitive advantage. Sources: 1. Attpollan widpadla org/wiMBusiness Indalgance 2. http://www.resourcenadion.com/blog/breaiing-down-business-intallgonce-for-smba/97752 3. httpol/www.intematovokton.oom/authar asp doc_d-207097 4. Businoss Intollgance Fact Shoat for Microsoft Dynamios NAV 2000 5. httpol/amalbusinass.chron.com/advantagas-business-Intalgence-2454a hdm S Sikich. www.sikich.com Elevate Performance 02013 Skkh LP AI Rghis Rusaved.