Solution overview
Microsoft business intelligence software delivers reliable and up-to-date data, from across departments and systems, to drive informed decision making and agility throughout your business.
Remove barriers to data flow. An integrated business intelligence platform can ingest data from hundreds of on-premises and cloud sources, transform it into rich, interactive visualisations and allow you to share insights across your organisation.
Take advantage of built-in, versatile report creation that makes it easy to collaborate and share information using pre-configured visuals. And you don't need to be a BI developer to create your own custom visuals to best suit the uniqueness of your business.
Challenges
Companies are accumulating more and more data, but analyzing it can be difficult due to its sheer volume.
BI tools enable the processing, consolidation, and analysis of data from various sources. This allows organizations to draw insights from large datasets.
Data often comes from different systems (e.g., financial, sales, inventory), and integrating them is crucial.
Good BI tools allow for easy connection of data from different sources, creating a cohesive information base. This facilitates analysis and decision-making.
Data alone is not enough – we need clear presentation.
BI tools offer data visualization in the form of charts, graphs, and interactive reports. This allows users to more easily understand information and make accurate decisions. An example is Microsoft Power BI.
Manual data analysis is time-consuming and prone to errors.
BI tools automate processes, allowing for faster report generation, trend forecasting, and the discovery of hidden patterns.
Data alone does not tell the whole story – we need context.
BI combines data with business knowledge, allowing for a better understanding of why certain phenomena occur and how they impact the organization.
Advantages
With BI, a company has access to consistent, up-to-date data from various sources. This enables a better understanding of trends, performance analysis, and accurate decision-making. When you have a more complete picture of the situation, strategic planning becomes more precise.
BI systems allow users to create their own reports and analyses. Each employee can customize views to their needs without having to wait for IT support. This increases work efficiency and enables quicker responses to changes.
BI integrates data from different systems (e.g., ERP, CRM, financial) in one place. This eliminates the risk of using outdated or incomplete information. Decisions based on accurate data are more accurate.
BI automates the processes of data collection, processing, and visualization. This allows analysts and managers to quickly obtain the necessary information. The time previously consumed by manual analysis of spreadsheets or reports can now be used for more valuable activities.
With BI, companies can avoid costly custom solutions. Ready-made tools allow for quick implementation and minimize the need to engage IT resources in creating dedicated solutions.
BI systems can automatically generate notifications when indicators reach critical values. This allows for quick reactions and minimizes the risk of errors or losses.
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