Business Intelligence ( Bi ) Systems And Tools

As we discuss the possibility of emerging into business intelligence software we must keep in mind the overall purpose of using any type of software is to reach strategic goals in order to increase market shares. I will discuss how business intelligence software will allow us to meet those strategic goals. We will establish what type of information and analysis capabilities will be available once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software

Wikipedia, http://en.wikipedia.org/wiki/Business_intelligence, defines business intelligence as “computer based techniques used in spotting, digging out and analyzing business data.” SQL Server’s Business Intelligence tools include the Reporting Services, Analysis Services, and Integration Services among others. A complete overview can be found at

Business Intelligence: Business intelligence is a program that coordinates the best combinations of data in sales to achieve maximum profits.

Business intelligence (BI) merges architectures, tools, databases, analytical tools, applications, and methodologies. It also is context free like DSS. BI deduces the connections between business entities by evaluating copious volumes of historical data which supports decisions. BI has four major components consisting of a data warehouse, business analytics, business performance management, and a user interface.

In detail, a strong resistance will come from some of the operating companies that already have “their own small-scale business intelligence applications in place”. These companies may not see any valid reason or advantage to switch and implement a new software system. Furthermore, another obstacle that SYSCO might confront will be the objection from the existing managers and IT experts averse and incapable of using a new software with different functions. Moreover, the forthcoming implementation time of the BI software proposed by the Assistant Vice President of Technology and Applications Twila Day might raise doubts and concerns among management as well as

Business Intelligence (BI) is the consolidation and analysis of internal data and / or external data for the purpose of effective decision-making. At the core of all BI initiatives is a data warehouse to hold the data and analytics software. The data warehouse stores data from operational systems in the organization and restructures it to enable queries and models to extract decision support reports.

The BI tool can be used to analyze and understand the business risk from all aspects of its operations, if implemented and maintained well, this tool will help bring attention to areas that need improvement. (Kapoor,2010).The BI tool can be customized with dashboards that can track all corporate functions like human resources, recruiting, operations, security, information technology, customer relationship management and many more departmental dashboards.

As we discuss the possibility of emerging into business intelligence software we must keep in mind the overall purpose of using any type of software is to reach strategic goals in order to increase market shares. I will discuss how business intelligence software will allow us to meet those strategic goals. We will establish what type of information and analysis capabilities will be available once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software industry today.

Using BIM Tools The goal of integrating BIM tools into your business process is to improve efficiency, constructability and predictability on your projects. This can be done with a combination of BIM tools that enable collaborating, coordinating and communicating during all phases of development, from design, through preconstruction, construction and operation. The entire project team, including designers, contractors, subcontractors, project management and building management can communicate openly.

Business Intelligence refers to the variety of systems used by a company to analyze their raw data. The data is stored in data warehouses, in which

BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting and data mining. ("Business Intelligence (BI)." What Is ? N.p., n.d. Web. 27 July 2013).

There are five styles of BI as per MicroStratergy Corp. and they are: enterprise reporting(using dashboards and scorecards), cube analysis (slice-and-dice analysis), ad-hoc queries, data mining and statistics and finally alerting and report delivering. (Turban, Sharda, Delen, King, & Aronson, 2011, p. 12)

Business intelligence solutions are very significant to an enterprise performance and capabilities at all levels. They help the business to be more efficient, identify new business opportunities and spot areas of cost savings. Timely access to relevant information has been a hindrance to many business successes. The management is always necessitated to base its decision on the full range of information available but the business always has a huge amount of data (IBM, 2014). Due to the current escalating competition that is eroding the business loyal customers, they are required to install

In the last few decades, because of availability of vast amount of data in the electronic forms, and the increase in requirements associated with its conversion into desired information, for its use in analysis of market, business management and to aid in decision process. There are many systems and technologies developed, that helped managers to make better decisions and avoid failures that are commonly associated with relying upon intuitions. Business Intelligence Systems are information systems, that are designed to allow managers to capitalize upon organization data, for the purpose of improving their decision making. They do not support the real time activities but operational ones like order processing, recording etc. The real time activities are supported by transaction processing systems. BI systems helps in managerial assessment, planning and control.

Business Intelligence is a process of analyzing data. This system is about gathering information from internal and external sourcing. This is for gathering vital information for a business’s needs. The goal of this term is to take hefty amounts of records and put more of a simple structure in place. Business intelligence can give an approach to focus on a direction. I also read that another term for this concept is called data surfing.