The field of business intelligence (BI) is far older than our modern tools and techniques. As far back as the mid-19th century, business owners have talked about BI as the practice of using knowledge and insights to achieve business goals. Since then, the practice has evolved to incorporate big data, analytics, and visualization solutions to give businesses in the loop a competitive edge in the marketplace.
Going back to the 1960s, business intelligence has incorporated large data sets into its analysis. Originally using mainframe computers, data scientists began working with the tools available to create weekly reports of static information. Today’s business intelligence services are almost unrecognizably efficient and productive in comparison.
Modern BI incorporates real-time dynamic analysis, diverse data sets, and even mobile technologies to produce actionable intelligence in a moment. Remarkably, business intelligence consulting services are still evolving at a remarkable rate.
What businesses can come to expect from BI solutions has revolutionized industries in many ways. Leaning on cloud technologies, superior data gathering, and advanced mining tools means that decisions can be made far faster and far better than could have been imagined even 15 years ago.
Business intelligence applications and tools tjat deliver high value to firms often include:
Key performance metrics
Modern systems make better use of the structured, semi-structured, and unstructured data they gather. Data quality and cleansing tools allow systems to consider a wider array of data than they could in the past. Improvements to real-time intelligence and analytics have created capabilities that allow focused organizations to act and react to ever-changing conditions.
Many businesses don’t know the problem they need to solve before they have a solution. Business intelligence is critical in finding unknown problems before they turn into major issues.Whether focusing on internal or external data sources, careful analysis can not only save you money but can generate new revenue as well. Often, data insights are key to identifying new revenue streams as well as up and coming opportunities for the future. The core of robust and reliable analytics is rooted in data relationships.
Analytics is an important ally in highlighting new and unexpected relationships using visualization tools. These new relationships have often pivoted businesses into entirely new areas of operation.
Trianz dashboard tools and technologies are a way for your organization to accelerate and improve its decision-making process. Using interactive visualizations to view both an executive summary and granular data side by side helps teams come to the right conclusions efficiently and fast.
It has been said that one of the best tools in business is an unfair advantage over the competition. BI reporting and dashboard consulting are exactly that: your organization’s unfair advantage. BI and analytics tools put you in the driver’s seat when it comes to accelerating your business into the future.
Whether optimizing sales, finance, marketing, customer, or supply chain data, our tailored solutions can be the difference between surviving and thriving in today’s marketplace.
Trianz is recognized globally as a leader in business intelligence consulting services. Our services have helped firms over decades of service, as both our work and the industry as a whole has evolved to pose and solve new challenges with big data.
We have helped to build solutions from the ground up and modernize existing solutions from solid foundations. Doing both, we have generated vast value for our clients where little or none existed before.
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