Real-Time Business Intelligence: What is it?

WHAT IS REAL-TIME BUSINESS INTELLIGENCE Business Intelligence (BI) aims to design and build software tools capable of producing detailed analyses with the help of customized drillable dashboards. BI integrated with an ERP system like erpWizard offers businesses powerful analytics in order to detect strategic information. Real-time = delivering information in a Real-time BI provides immediate access to relevant and timely business information %3D matter of seconds after the business event Its purpose is to deliver information about Rather than refreshing your data at end of day or week, you can novw refresh as often as operations 'as they occur' needed Management can make better decisions and The objective of real- time BI is to manage daily business operations anticipate problems Sooner Business Intelligence provides the "right information, to the right people, at the right time." Business environment is competitive and dynamic - BI allows managers to constantly keep up with changes Reference Sandu, Daniela loana (2008), "Operational and Real-Time Business Intelligence", Revista Informatica Economica nr 3 (47) LES SERVIGES DE CONSULTATION NAMTEK www.NAMTEK.ca CONSULTING SERVIGES