business intelligence solutions and tools
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Business intelligence is a set of theories, architecture, processes and technologies that transform raw data into meaningful and useful information for business purposes. Visit Know More Information: http://goo.gl/KVn4KvTRANSCRIPT
Business Intelligence Solutions and Tools
Business intelligence is a set of theories, architecture, processes and technologies that transform raw data into meaningful and useful information for business purposes.
Microsoft produces different types of business intelligence solutions tools for retrieving, analyzing and reporting data for any business purposes. Some of the business intelligence tools developed are:
Spreadsheets : it is an interactive computer application program for organizing and analyzing of data in tabular forms
Reporting and querying software : it is a tool that extract, sort, summarize and present selected data
OLAP: On Line Analytical Processing a widely used tools in Business Intelligence Solutions.It is an approach to answer multi-dimensional analytical queries. This also encompasses relational database.
Digital dashboards : it is a real time user interface which shows graphical representation of current status and historical trends
Data mining : it extracts information from the data set and transforms it into an understandable structure
Data warehousing : it creates a central repository of data by integrating from one or more disparate sources
Decision engineering : it is a framework that unifies the best practices for organizational decision making
Business performance management : it is a set of analytic processes that manage an organization’s performance to achieve its goalin Business Intelligence Solutions.
To choose the right type of tools that best fulfills your business requirements by following the expert way of choosiness BI tools online:
Step 1: Based on the software and hardware your company uses opt for BI tools that particularly serve to your genre of business.
Step 2: Get the complete listing of BI tools online and then filter the tools that may match your needs.
Step 3: Go through the features of the tools to understand their usability and also get to know their pricing and management system.
Step 4: change your software vendors wisely based on the type of service they offer when it comes to Business Intelligence tools maintenance.
Step 5: The best way to choose good BI tools is to visit an online journal or forum that specializes in listing the best BI tools, their features, pricing and more.
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