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| Technology > Business Intelligence |
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In a decentralized organization with distributed decision making, people at different levels of an organization are responsible for making decisions that collectively impact overall business success.
Using modern methodologies, gigabytes of unruly information gathered by the organization in its lifetime can be transformed into meaningful data. Business Intelligence (BI) helps organizations to gain business advantage from such data.
Business Intelligence, mixed with experience, perception, and intuition-based knowledge helps to make strategic decisions at the right time, into business intelligence requires specialized tools that analyze, drill down or mine data to help users make informed decisions and ensure an organization is more efficient and more competitive.
 Data: Centralize data from multiple sources into a data warehouse. |
| Insight: BI tools analyze the data to help better understand the business. |
| Action: Act on the insight provided by BI tools by reallocating resources. |
Business Intelligence provides business roadmaps to deliver solutions for business analysis. By having these roadmaps, we deliver superior business value through improved return on investment, time value by enabling fast solution delivery, and technical value through open database enablement.
MicroStrategy is the best Business Intelligence Tool in present day market that provides insight into your operations through solid analysis of the information stored in your databases
BI technology has evolved from these ever-increasing user demands to support five distinct application patterns or styles. These are:
| Enterprise Reporting. |
| Cube Analysis. |
| Ad Hoc Query and Analysis. |
| Statistical Analysis and Data Mining. |
| Alerting and Report Delivery. |
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An unexpected need arose where we needed to complete some application development in a very short time frame. Lodestar Systems provided very competent resources on short notice...
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Paul Ryans
Senior VP,
Bank of America
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