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Essay / Microsoft offers Business Intelligence solutions
Class Report (Business Intelligence) Business Intelligence solutions leverage data warehousing and OLAP technologies to unlock opportunities to improve customer service, control costs, maximizing profits and making better decisions faster. These solutions enable organizations to aggregate data from multiple sources, create and manage an enterprise data warehouse, and make sophisticated yet simple analysis tools available to all employees. Many businesses generate and store large amounts of information every day, including customer data, sales transactions, and financials. However, the knowledge available in these data is often trapped in inaccessible or unintegrated “data islands”. The key to powerful business intelligence solutions is identifying the right data sets and transforming them into insights about what's happening in your organization right now. By obtaining this information, your organization could gain a substantial advantage over its competitors. Although the concept of Business Intelligence (BI) has been around for some time, Microsoft has recently brought it to the forefront of its strategy. Their BI solutions, comprised of a loose configuration of products, are marketed as a necessity for improving a company's bottom line. This article seeks to examine what exactly BI is and how Microsoft tools support this concept. An article on Microsoft's website defines business intelligence as "the process of extracting data from a database and then analyzing that data to obtain insights that you can use to make informed business decisions and take action." ". However, this definition does not explicitly address the overall objective of BI: to help businesses improve their results. Although the analysis of the data collected middle of paper......any true definition of the very meaning of the word BI, I mean they are really focused on the business they are doing. Company policies and strategic planning help you understand the meaning of the topic. Furthermore, I would say that BI is something that must be demonstrated by a company at all times and at all times of its turnover. They showed big turnovers and I mean big turnovers in some years. They are really focused on their views and goals. One should always consult for help and other types of guidance on the subject. These Americans have truly proven themselves to be among the most stable and wealthiest in the world. The entire market is upset if this company reports different rates and prices because they know the demand, cost, and supply curves from the market's perspective. References HYPERLINK "http://www.solien.com/content/articles/Business_Intelligence_Summary_v1.1.htm"