Business Intelligence Training In this training session you will learn about Business Intelligence – Business Intelligence Overview, Business Intelligence History, Business Intelligence Data Analysis, Business Intelligence Applications and more. Business Intelligence Business Intelligence Overview What is Business Intelligence? Business Intelligence at first glance is a broad array of applications or technologies designed for storing, gathering, analyzing, and … Business Intelligence History When did Business Intelligence first come into play? Before the Information Age of the late 20th century companies had to collect their information from non-automated sources. Those were the days that businesses lacked any type of sophisticated computing resources…

Business Intelligence Overview What is Business Intelligence? Business Intelligence at first glance is a broad array of applications or technologies designed for storing, gathering, analyzing, and processing information. These applications also provide access to data for professionals and help them make better business decisions. It is the ability of in depth analysis and data mining of detailed business data to provide real and significant information to users. The software allows users to access and review large amounts of complex data. Yet this is only Business technology on the technical side of the spectrum, in fact we also need to acknowledge…

Business Intelligence History When did Business Intelligence first come into play? Before the Information Age of the late 20th century companies had to collect their information from non-automated sources. Those were the days that businesses lacked any type of sophisticated computing resources to enable them to properly analyze data. Due to the lack of today’s flourishing technologies organizations in that age made vital business decisions based purely on instinct, this could very often prove to be a fatal means of making a decision that concerned the well-being or livelihood of an organization. The 1970s kicked off the beginning of the…

Data Analysis Data Analysis is a complete and thorough review of all of the information being collected and warehoused by an organization. This is most commonly done by organizing and examining the data collected with the help of charts, graphs, and tables. The data is processed in order to draw conclusions about the way an organization is operating and aid that organization in coming to a sound decision regarding their business. By dissecting and organizing data an organization is able to pin-point problem areas and move forward with the required adjustments accordingly. Many businesses have turned to the sophisticated Business…

Business Intelligence Applications In this article we are going to take some time to discuss the various applications that are normally provided with Business Intelligence Systems. Tools Used to Analyze Performance, Projects and Internal Operations First we will look over the tools most commonly used to analyze areas such as performance or internal operations. These tools are helpful when a manager or executive wishes to view information pertaining to the general function of an area, this can range from the productivity to sales performance. The first tool we will investigate is the Score carding tool. The Score carding tool was…

Business Performance Management What is Business Performance Management? Business Performance Management is most commonly described as a set of processes that help companies or organizations optimize their business performance. It is specifically designed to organize, automate, and analyze business methods, metrics, processes and systems that drive an organizations performance. It also involves the merging of data from a range of sources, querying, and analysis of the data and putting the results into practice to find the most desirable outcome.  Business Performance Management improves those processes. Real-time reviews help organizations to identify and fix problems before they grow into extreme issues….

Business Intelligence Tips Understand Your Organization first Truly understanding your company and how it works is perhaps one of the most important Business Intelligence tips anyone can offer. This includes understanding the business itself, the processes involved, the data, and how that data is used by the people with in the organization. You will need to understand what your organization specializes in or with. If business deals with sales, what does the organization sale? How can you make that product better? You need to familiarize yourself with the products and how they are made. Understanding your business’s product is the…

Business Intelligence Integration How to Integrate Business Intelligence within Your Organization Before you Integrate Business Intelligence into your Organization Business Intelligence has developed into strategic process over the years of its extraordinary growth, even so it still needs to be incorporated into each business process with great care in order to properly lead business operations onto the path of attaining their individual strategic objectives. Before an organization attempts to integrate a Business Intelligence system into their operational or analytical systems they should be certain to be sure that they effectively clean up the system before combining it with an operational…

Business Intelligence in Information Technology IT stands for Information Technology. Information Technology is a system designed to gather, process, or distribute information.  IT can be inspected in terms of the following three groupings; the data gathering, the data processing, and the data distribution. Information Technology deals with all types of data in which information can be extracted from. It may seem simple but the entire process is extremely complex. Without the sophisticated applications in the Business Intelligence software this information would remain unseen. Without Information Technology, Business Intelligence software would also be useless. How is Information Technology related to Business…

How to Best Use Business Intelligence to Your Advantage It is no big secret that today’s businesses rely heavily on data and the information it delivers about their companies. Whether it is for the purpose of customer acquisition, improving operational performance, or understanding competitors, all of the information is presented in the form of complex and large amounts of data. Currently the data that streams into our modernized organizations has reproduced several hundred times when looked at in comparison with the types of data that were readily available for analysis in the previous decade. Also the various kinds of sources…

What is a Corporate Decision? A decision that deals with the safety, success, and livelihood of a business can be defined as a corporate decision. These decisions can range anywhere from financial issues and customer satisfaction to product popularity and environmental trends. Regardless of the topic, when making a corporate decision the well-being of a company is usually on the line, and that is why most successful businesses rely of the data and information provided by Business Intelligence applications to point them in the most constructive direction for their organization’s future. Major corporations understand that they are in danger of…

Key Performance Indicators are also known as Key Success Indicators, they help an organization to better define and measure

Business intelligence projects are designed to allow organizations to make better long term strategic decisions.