Business Intelligence Software
For the best governance!
Business intelligence software is referred to as business analytics software in German. It is software to support systematic analyses of the company’s own business as well as the commercial environment. The aim of these analyses is to be able to make informed operational, tactical or strategic decisions to achieve the company’s objectives on the basis of the results.
State of play
Business Intelligence is suitable for any company that wants to manage the business not only through a handful metric. The market for such analysis is large and favourable. The software is an all-encompasser from customer analysis to product quality up to the usual metrics, as a course and not as a result of the year as a whole. The program provides processed data in clear graphs and flags the anomalies for you. These graphs can be displayed over different periods of time as long as the data are available. Where a tabular solution reaches its limits, a BI software can show its full potential. The sooner you start with it, the more detailed your analyses are.
Benefits and use
Advantages
Possible use scenarios
Gradual introduction
Step 1: Selection of software
A programme can be found from manufacturing companies to service providers, to any sector.
Step 2: Linking data
To this end, software often offers a bridge that entitles the software to access the data via you.
Step 3: Compilation of key figures
These can be saved and can be accessed at any time and up-to-date.
Step four: Retrofit
If the data are not yet collected, due to the lack of certain sensors.
New sensors may be installed on the machinery.
This also allows machine data to be analysed.
Opportunities for SMEs
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