In the emerging economy there is a new infrastructure, based on the internet, that is causing us to scrutinies most of our assumptions about the business. As a skin of networks - growing in ubiquity, robustness, bandwidth, and function - covers the skin of the planet, new models of how wealth is created are emerging.

Thursday, October 4, 2012

New Breed of Business Intelligence Tools

The solution to the problem of a poor analytical environment in a company with multiple data source, different report writers and lack of analytical tools can be implemented a data warehouse with modern business intelligence software as a front end for the users.

 With modern ETL (extraction, transformation, and loading) tools and most databases vendors now supporting open standards protocols it is finally becoming feasible for companies to implement data-warehouses that can be updated and maintained with relative case.

 The result is a common data, repository, which provides decision makers with endless possibilities for investigating (data mining) and analyzing variances, trends and exceptions.

 Because a modern business intelligence solution feeds off a frequently updated data-warehouse that includes detailed information it becomes much more than just a tool for executives (like the old executive information systems, but it can become a tool for any person within the organization or related to it who needs easy and fast access to summarized and detailed information from across the company’s databases.
New Breed of Business Intelligence Tools

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