Business Intelligence
BI is a service that uses software and services to transform raw data into actionable insights for use by executives, managers, and employees to help them make informed and better business decisions. These decisions are typically aimed at increasing revenue and profitability, improving operational efficiency, and gaining a competitive advantage over business rivals, amongst other goals.
Case Studies Based On Client Work
Leading Wholesaler
- Dashboards to help monitor revenues versus target
- Used daily by the sales and finance team
Local ISP
- Dashboards to monitor operational and finance performance
- Used by project managers and CEO
Retailer
- Dashboards to aid strategic decisions on realigning the business to meet market needs
- Used by board members
Insurance
- Dashboards to monitor policy performance to aid strategic decision making
- Used by head of business department
Gas & Oil Business
- Dashboards to monitor product profitability and determine if strategic decisions are paying off
- Used by CEO
How it Works
The diagram below shows how the process works.
1. Business Goals
2. Data Integration
3. Data Preparation
4. Analytical Requirements
5. Data Analysis & Visualization
6. Business Decisions
To begin with:
- The clients’ Business goals and analytical requirements are determined.
- Next, the client’s data to be used for analysis is integrated from multiple systems and stored in a data warehouse.
- This data is then organized, prepared, and transformed for analysis.
- In the fourth stage BI analysts run analytical queries against the data.
- The query results are visualized using charts organized in dashboards and shared with key decision makers
- Who use the insights for making critical decisions and strategic planning.
Business Advantages
Data-driven decision making
Faster analysis using intuitive dashboards
Increased organizational efficiency
Increased competitive advantage
Improved customer experience
Improved employee satisfaction
Features
• Business Goals guide analytical methods used
• Monitor Trends, key performance indicators, performance vs targets, contribution analysis, etc.
• Accounting Software, Enterprise Resource Planning Software, Human Resource Software
• Databases, Flat Files, etc
• Data presented in an easily digestible format
• Provides users with a “big picture” of the situation
• Useful for time-starved execs
• Multiple areas of the business can be analysed to provide a 360-degree overview of the business
• Operations, Finances, etc
• BI analysis at a (very) pocket-friendly price
• Normally cheaper than hiring your own analyst
ERPs, Systems & Databases We Work With
