Business intelligence refers to all strategies used by firms in analyzing data to gain business information which helps in making good decisions. The business decisions supported by business intelligence ranges from strategic to operational decisions. Business intelligence has experienced advancement over the years and now relies on real-time data for operations. Applications regarded as business intelligence systems are used in retrieving, transforming, analyzing and reporting data for company's business intelligence. The data read by business intelligence software are often those store previously in data mart or data warehouse. In a bid to elevate the [...]
Agile Business Intelligence is defined as the use of agile software development methodology for business intelligence projects to reduce the time-to-value of traditional BI and help in quickly adapting to changing business needs. Executives and business users are able to make good decision with Agile BI. The impact of agile business intelligence depends on close collaboration between IT experts and the firm which results in better communication, setting goals and outcomes that more accurately meet business objectives.
Most agencies store data from both internal and external data sources such as databases, e-mail [...]
Enterprise Performance Management Software is a computer tool used to help companies connect their strategies and policies to their execution. The major clients or users of enterprise performance management software include manufacturing firms, government bodies, educational establishments and even nongovernmental establishments. An Enterprise Performance Management Software merchant automates the three most important processes to the success of an organization. These processes - budgeting, planning and strategy are powered by the Enterprise Performance Management (EPM) Software. EPM tools also help financial managers control revenue as well as cost over [...]
Infographics are graphic visual representations of information, data or knowledge intended to present information quickly and clearly which improve cognition by utilizing graphics to enhance the human visual system’s ability to see patterns and trends. Social media and a number of easy-to-use, free tools have made the creation of infographics available to a large segment of the population.. Infographics are created with general illustration software which is often both faster and easier and these can be downloaded for the desktop or used online. Templates can be used to get users started on their diagrams and the software also allows users to collaborate [...]
Data Visualization Software is business tool used to collect, manipulate, analyze raw data, and convert it into visual figures, charts and tables. Data visualization is a term used to refer to the process of presenting structured data in visual or pictorial format such as charts or graphs. Data is becoming increasingly important with every passing minute and a huge amount of data is being generated every second across the globe. It is estimated that the amount of data generated in the last 2 years far exceeds the amount generated in the entire history of the human race and it is estimated that by 2020, about 1.7 megabytes of data will be created every [...]