A Super combination of Web and human Resource: Business intelligence
A Super combination of Web and human Resource: Business intelligence
In most of the organization the data mining combined tool with a business intelligence has made the administrative processes very easy and decision system very much accurate. Whatever be the process either for research of competition or abstracting the data from various resources to make in use of business or developing an idea of improving customer organizing relationship. This first releases the load of staff which makes them think independently and create new ideas. Making use of various latest application and tools it enables the user to take right decision of the process.
The sole reason for the application of business intelligence in any of industry is to facilitate the user and centralize the process so that it can be triggered from a single point. Including a wide range of application along with web technologies enables the business intelligence to take control of various data and databases spread over different platform. These facilities has made the business intelligence as one of the mostly used and important process in organization.
The business intelligence is generally termed as decision support system by organizing peoples because making use of its applications and technologies not only speed up the decision process but also give advice on a better solution to a problem. We can compare the business intelligence with the competitive intelligence as BI uses the advance application and web technologies in order to create the decision where as competitive intelligence use the data to analyze and relate within them.
If we see some of the example of Business intelligence services which are mostly used so we will find Excel as top of them it not only facilitate the business like finance and data mining but also gives the user a better and easy way to access that. The tool is so simple and easy to use that a novice can also use it without any hassle and take very good results from them.
Some other tools like OLAP and Data mining tolls are also the key part for making Business intelligence a success. Where the OLAP helps in finding co-relation in between the data and Data mining to point out Result specific data these three tolls combined made it super effective tool.