Business intelligence, or BI, is a type of software that can harness the power of data within an organization. It offers a better way to sort, compare, and review data in order for companies to make smart decisions.
Companies adopting business intelligence solutions can turn business data into insights and take plausible action. These insights can help companies make strategic business decisions that increase productivity, improve revenues, and enhance growth.
There are many reasons why companies choose business intelligence solutions. If you’re contemplating BI software for your business, you may be wondering if it’s worth the time, effort, and expense to add it to your existing software suite.
BI-Tools was curious about whether BI software lived up to its hype and whether companies felt they got the maximum benefit from it. The results may help solidify your decision whether or not to add BI to your software suite.
From glancing at the list of benefits stated in the survey results, above, it’s clear that business intelligence can help tremendously with business processes.
As you can see, adding business intelligence software to your company creates a positive ripple effect that spreads to all parts of the company. It’s not just about improving access to the data in your firm. It’s about using that data to improve profitability.
Read about how Organ Recovery Systems leverages their BI solution!
If you’re seeking cloud-based business intelligence software that does indeed offer exceptional data quality, easy data management, and advanced reporting features, BAASS Business Solutions can help. We offer business intelligence solutions including Sage Intelligence, BI 360 (Solver), and BI Tools developed by BAASS. Please contact us for a consultation today. We will help you choose the best business intelligence solution for your needs. Contact us or call 1-888-650-5544.
Learn more about collaborative analytics: Collaborative Analytics, the Future of Business Intelligence