Role of Business Intelligence and Analytics

Introduction to Business Intelligence and Analytics

In BI analytics, BI is an acronym that stands for business intelligence. Therefore, the term 'BI analytics' can be used to define the strategies that are used by experts in the business field to ensure that the raw data collected is translated to meaningful information. This analysis is very involving and requires a lot of expertise; hence the name intelligence is incorporated.

What are the benefits of having BI analytics?

It is obvious that everything that is introduced as a strategy in business is always meant to prosper it. This means, that the analyses that are carried out by the analysts for BI are meant to improve the company they are working in. One thing that is considered to make an analysis is the trend of the data available. There are numerous changes in the available data as they fluctuate every now and then. This gives us more reason to have a system that captures all the necessary information so that there is a perfect outcome in the final presentation.

The businesses also change with time since technology keeps updating itself. For instance, in the past you could not make money transfers over mobile phones. But this advancement is possible at the moment, meaning that business dealings can be easily carried out. It is even more comfortable to do business at the click of a button now. The business trends introduced as a result of the BI analytics are also related to different technology trends that are seen in everyday life. These trends are responsible for improving the storage and power back up techniques.

When we talk about the storage back up, we cannot miss to mention the fact that cloud storage came as a revolutionary trend.

Cloud computing is being widely used by many companies, institutions and businesses that maybe overburdened by the nature of their infrastructure. Since the information a company has is quite important, advancement must be made to find an easier way to safely store such information. This can also help a company concentrate on other issues that could cause the downfall of the company instead of looking at storage failures.

BI Analytics Software Providers

There are many BI software and their providers that can help anyone who wants to make analysis of their company. It is obvious that before you choose a certain provider, you have to do extensive research. Tableau is one such system that is quite popular.

The interface that was created by the developers is based on the browser which implies that if you have browsers such as Windows Explorer, Google Chrome, Mozilla Firefox or even Opera Mini; the dashboard of the interface is such that you have less difficulty while working on it. Tableau also has an advantage in the sense that it can be used over mobile technology without many problems. This means that data collection can be done wherever you have an internet connection. The speed of the data transfer is also high enabling you an easy access of the data. Data manipulation in this system and server is easy and does not really need an expert to work on it. Just a little knowledge on the nature of business is enough.

Providers of BI analytics are obviously the major companies that have already established themselves in the computer world. One of the major ones is Microsoft which is the biggest provider in computer software. They have a product in MYSQL Server which can be easily used in business intelligence.

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