To simplify things, let’s think of a database as a group of tables. Not all databases are the same Well, it can be argued that they kind of are, but I am referring here to how the underlying database is set up and configured – or what is known as the database schema. If this describes you, we invite you to contact us to learn more about our people, company and solutions.
BUSINESS INTELLIGENCE DEFINITION PDF HOW TO
They demand the most talented, experienced professionals who understand how to quickly, efficiently solve their business issues. Our clients are looking for a strategic partnership with the company that implements their software, not just a vendor.
BUSINESS INTELLIGENCE DEFINITION PDF SOFTWARE
They prefer software and technology to support their business processes, not the other way around. What’s different about ArcherPoint? Our clients see their business systems as unique and important to their competitive position. And to do that, we’ll have to define a few…no, many…terms. Identify trends, both good and bad, early onĬompare information about customers, products, prices, and costs over timeīut before you run and write an SQL query to start extracting your business intelligence information from your company’s database, there are some things you might want to consider first. Identify top-selling products by region, store, or sales person With business intelligence, companies have greater insight into their organization, yielding new opportunities, corrections to existing procedures or processes, competitive advantages, and more, including the ability to: The process of collecting, organizing, and analyzing business data and turning it into useful and actionable information is commonly referred to as Business Intelligence. Companies who can successfully extract pertinent data from their mountain of information are gaining unique perspectives of their business, enabling them to become leaner and more competitive. If only there was a way to collect this data in one place and make sense of it all with a simple report (or set of reports). In fact, most companies are virtually swimming in data. Not just customer purchases – which might include information such as the customer, the products/items sold, the store from which the purchase was made, and the date and time of the purchase – but also transactions such as warehouse activity, inventory purchases, employee hours and time off, and daily operating costs.
Why Business Intelligence is important Most companies track and record thousands of transactions daily. So where do you start? ArcherPoint has put together this document in the hopes that it will help anyone looking to implement a Business Intelligence solution understand the underlying concepts and be in a position to ask the right questions of any BI vendor.
BI uses its own special terminology and the database design concepts can be difficult to grasp. Understanding Business Intelligence: An Introduction to Business Intelligence Concepts Looking for a Business Intelligence (BI) solution for your company can be intimidating.
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