The concept of business intelligence involves the analysis of data, integration of relevant and useful business information in an organization and the presentation of that information in a friendly way to help organizations make decisions based on better data.
With business intelligence, organizations have a wide variety of tools, applications and methodologies that allow them to collect data from internal systems and external sources, prepare it for analysis, develop and execute queries on that data, and create reports, dashboards command and visualize data so you can detect important events and identify and monitor trends so you can quickly adapt to changes in your environment.
One of the best business intelligence analytics solutions available is PBRS. Created by ChristianSteven Software, a company headed by Christian Ofori-Boateng and CTO Steven Amani, PBRS is a prominent PowerBI Reports Scheduler. The program makes it easy to filter, distribute, and deliver SSRS and PowerBI Reports & Dashboards, both on-premise and in the cloud.
By automating repetitive reporting tasks, PBRS ensures that reports are created and distributed when needed, without error, and without costly support time. Here are a few reasons why you should invest in a program like PBRS.
You Learn About Your Clients
Business intelligence software can help you improve your ability to, for example, analyze shopping trends. In this way you can learn to better satisfy the needs of your customers, producing exactly those products that they want. This helps improve profitability since the production effort is quickly compensated with purchases by those valued customers that you can satisfy more and better each time.
With Business Intelligence, Guesses Based on Intuition Disappear
Sometimes in business management it is necessary to make assumptions, almost as if we were playing games of chance, and that should not be the case. During decision-making, you often bet on the option that seems most likely based on guesswork or intuition. But managing a business in this way reveals the reality that we are doing it without having comprehensive data that shows us a reliable image of our organization that allows us to make decisions. With business intelligence we get accurate data, updated in real time, with trends and forecasts that can, then yes, help us to make "what if" conjectures, but based on real data. Therefore, the need to guess or estimate what may happen disappears.
We Can Transform Data into Information That We Can Process
Business intelligence helps you plan strategy. It is an analytical tool that provides you with all the necessary information, identifying trends within the set of data you have in your organization's systems. In this way you can easily detect relationships between different departments that without the help of these tools could go unnoticed. With a business intelligence system you can understand much better how the different processes affect the organization, being able to detect opportunities that allow you to plan a successful future.
Many organizations spend enormous amounts of time searching for information within their different data sources to gain a deeper understanding of their business. When they find the sources, the program still has to convert it, merge it, create reports to present that data, share it, communicate their opinions on it and discuss it if necessary. If you have a business intelligence system, all the necessary data comes from a single source and you can access it from a dashboard and turn it into a report. This saves a lot of time and energy, while also eliminating process inefficiencies. Productivity increases, you save time, and you improve the accuracy and usefulness of your data.
To take full advantage of a business intelligence system, you must ensure that you also invest in specialized business intelligence personnel and software designed for analytical efficiency and accessibility. You should also make sure that the system you choose can analyze both the content and the context of the data.