V-Soft's Corporate Headquarters

101 Bullitt Lane, Suite #205
Louisville, KY 40222

TOLL FREE: 844.425.8425
FAX: 502.412.5869

Denver, Colorado

6400 South Fiddlers Green Circle Suite #1150
Greenwood Village, CO 80111

TOLL FREE: 844.425.8425

Chicago, Illinois

311 South Wacker Dr. Suite #1710, Chicago, IL 60606

TOLL FREE: 844.425.8425

Madison, Wisconsin

8401 Greenway Boulevard Suite #100
Middleton, WI 53562

TOLL FREE: 844.425.8425

Atlanta, Georgia

1255 Peachtree Parkway Suite #4201
Cumming, GA 30041

TOLL FREE: 844.425.8425

Cincinnati, Ohio

Spectrum Office Tower 11260
Chester Road Suite 350
Cincinnati, OH 45246

Phone: 513.771.0050

Raritan, New Jersey

216 Route 206 Suite 22 Hillsborough Raritan, NJ 08844

Phone: 513.771.0050

Toronto, Canada

1 St. Clair Ave W Suite #902, Toronto, Ontario, M4V 1K6

Phone: 416.663.0900

Hyderabad, India

Incor 9, 3rd Floor, Kavuri Hills
Madhapur, Hyderabad – 500033 India

PHONE: 040-48482789

Bangalore, India

3rd Stage Behind Hotel Leela Palace
Kodihalli, Bangalore - 560008 India

Why is Business Intelligence a Game Changer?

Why is Business Intelligence a Game Changer for your Business

Enterprise data is growing very rapidly. Every day billions of records are adding to the data that is business intelligence. Lacking accurate procedures for utilizing this data in a proficient way is one of the biggest challenges of the enterprise. To assist the enterprise, to make better decisions and to improve the efficiency of business logic, the concept of Business Intelligence (BI) solutions have evolved. Learn how in our blog:

Key Benefits of Business Intelligence for the Enterprise

While there are many differentiations, BI offers in transforming the business decision processes, here we have narrowed it down to some key elements. 

Provides a Birds-Eye-View of Business

Business Intelligence helps to provide a cumulative overview of the business. Companies are having massive amounts of stored data but often lack the capability to extract meaningful information. An effective BI strategy converts the data into readable formats and provides the direction on how and what is going on within a business. With this BI approach dashboards of data trends and information about the business can be powerful in understanding how better to make future decisions. 

Get the Policy Future-Ready

To decide upon the future-ready policies, companies should have historic enterprise data to understand, how company sales or market behavior is, at any given point in the given timeline. Here, BI offers the studies the market trends and presents analytics that aids the business decision process. By analyzing the former performance, the company can either alter the business logic or focus on the specific product or market. This helps the business to evolve to a state of being more customer focused.

Graphical Representation

Visuals help better understanding than text. The graphical representation of data is one of the most appropriate use cases of BI process, instead of having voluminous reports. The BI apps convert the billions of data bytes into the graphical format by taking multiple angles of the business into consideration and provides results to compare multiple territories or sales data. This further enhances the ability to analyze the multiple factors that are hindering the growth factors and finally improve the efficiency.

Data Available on Move

Sometimes it is required to make the decisions instantaneously. In such cases, BI apps provide better results in minimal time, so business users can make the decision accordingly. Now-a-days business apps are having mobile solutions which help to get the information as on need.

Multiple Database Support at One Place

In the world of growing applications, we have data stored at multiple data storage locations like SQL server, my SQL, Postgrees, Spreadsheets, Flat files and so on. In these cases, it is very difficult to analyze the data on multiple databases and to generate consolidate reports that assists in the business decision making process. Here BI Apps can take the source from multiple locations and can provide consolidate report at one place.

Choosing Right BI software

While there are many BI software applications, each BI software has its own advantages. Business to pick the appropriate software, they should understand draft precisely their requirement, which should consider parameters like pricing, database source, and offline storage. Getting a clear map of these requirements will help you pick the correct application.

Some of the best Power BI tools in the industry are:

Free Software Development Consultation

About The Author

Vikash Agrawal is the Practice Head for the Enterprise Application DevelopmentVikashVikashVikash Agrawal is the Practice Head for the Enterprise Application Development at V-Soft Consulting. He holds 11+ years of experience in Application Development, Business Relationship Management, Database Design, Infrastructure Design and Project Management. Apart from these, he also possess great amount of skills in developing AI related applications like voice assistants, chatbots, machine learning and so on.

LinkedIn - https://www.linkedin.com/in/agvikash


Topics: Technology, Business Intelligence

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