In today’s competitive environment, business organizations thrive on data as a major catalyst. They need the tools that they require to be on an edge over their competition. The business data gets accumulated with time and needs to be mined for any insight. What is the use of raw data which doesn’t give any insights or lead to any decision making for the business owners?
Business Intelligence helps you to transform raw data into meaningful information that can be visualized in interactive dashboards or reports which can be further drilled down, up or across to come up with more relevant contextual insights.
Benefits of SAP Business Intelligence
Providers like us, JDSoft, provides industry-focused SAP business intelligence solutions available in India. We integrate industry mapped data format and their corresponding business functionality in BI tools including SAP BI to provide targeted and fast analytics, reporting and visualization formats for decision-makers and business owners.
Here are some of the benefits that the decision-makers and business owners quickly derive from Business Intelligence:
Brainstorm to quickly identify areas for improvement in terms of priorities and feasibility
Determine the market positioning of products and services
Obtain measures for product viability and time to market
Calculate the supply and demand maps
Spot unmined sales opportunities
Understand customer and market behaviour and trends, and,
Fine-tune lead generation
An “Eagle’s Eye” View:
Top executives get an overall picture by looking at the dashboards and scorecards.
With Business intelligence tools, you can customize the KPI’s and milestones to align with your business strategies and objectives and drill up, down and across to monitor the business health across a threshold range.
Instead of collating data from several software applications, systems and sources for each BI access, data is collated and the information is filtered in real-time from a central hub or a properly modelled data-warehouse, thus reducing the time from uploading and downloading data.
As the data is saved under one roof, it provides efficiency and availability.
Organized Business Processes:
Business Intelligence removes the complications associated with business processes as it automates the statistical combinations, predictive analysis, modelling, benchmarking and discrete methodologies. This removes the burden of doing the calculations in isolated methods and helps the business to focus directly on core business parameters and decisions.