Business Intelligence
- using your data assets
to make better business decisions.
It's about access, analysis,
and
uncovering new opportunities.
Being able to consolidate and analyze large quantities of data in day-to-day operations for better business decisions can often lead to competitive advantage.
Enterprises rely on technology to drive business growth. Companies increasingly aware of the benefits of Business Performance Management Software (BPM software) to drive the business.
Using BPM software to manage corporate performance starts with figuring out which metrics drive your business.
Today's Enterprise Challenge
Business Problem
Senior Management is unable to identify key opportunites within their business. Constant pressure exist to increase revenue, decrease cost and increase profits.
With that in mind, top management is constantly monitoring the P&L statement, the balance sheet, cash flow amd financial ratios in order to identify business opportunities.
IT Business Problem
End user requests of IT for access to corporate information are consuming IT resources. IT is looking to provide an environment so that end users can uncover business opportunities without their help.
Integrating several different tools to solve this problem is too expensive and risky.
In organizations without a dedicated business intelligence system, information doesn't flow freely. In such an environment, users often rely on hard copy reports as the primary source for their analyses. Although reports can be useful when they're designed to support analysis (i.e., can print subtotals without the associated details), they are not very helpful when users must thumb through hundred of pages to find a few key figures.
http://www.successSoftwareSolution.com/Business_Performance_Management_Software.html
