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Data is growing exponentially and it has become imperative for businesses to look at effective tools to put this data to best use which would help business owners make critical and informed business decisions. Business intelligence (BI) therefore plays a key role here as it provides effective tools, applications and technologies to gather the data, analyze and provide meaningful insights in the form of dashboards and visualizations.
BI is the backbone for almost every enterprise, SME or startup based on which they can access, plan and gain actionable insights from huge piles of data and plan for future business strategies. There are numerous business intelligence tools like Power BI, Tableau, Splunk, QlikView, Datapine, Looker having some common as well as unique features all working towards the same goal to provide useful insights to businesses out of their data. With sophisticated cloud technologies in place, BI these days is not only limited to on-premise, but many businesses are now swiftly moving to cloud BI implementations.
A report from Forrester Wave says that - Forty-seven percent of global data and analytics technology decision makers state that they either complement (27%) or have already replaced most or all (20%) of their onpremises BI applications with cloud options.
Having a business intelligence tool in place can help businesses with following
1. Faster, efficient and real-time decision making
2. Greater visibility to overall business operations
3. Greater control on costs or spending
4. Enhanced productivity by reducing inefficiency in processes
5. Achieve better ROI
6. Greater level of data security and privacy
The BI division at Aress delivers integrated BI&DW solutions using Microsoft Power BI and Tableau, that help accelerate decision making. These solutions are designed to enhance end-user value delivery through features like data discovery, intuitive data visualization, and self-service dashboards while helping businesses capitalize on the value hidden in data. Feel free to reach out to me at Devdatta.firstname.lastname@example.org to learn more about how we can help you unleash the power of your data.
Category: Analytics, Artificial Intelligence, Big Data and BI