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BI Solution (BIS - Business Intelligence Solution) is a management reporting solution for businesses based on digitized data. Every developing business needs to pay attention to a common formula: Data + Good data governance = Good corporate governance
The importance of BIS in business
As we all know, managing large volumes of data on a daily basis has become a big challenge for every business. The goal of BIS is to automate and quickly perform analysis of huge data sets to allow users to focus on what really matters. That means that traditional means of data collection and analysis no longer provide added value, but also challenge organizations in managing time and allocating costs. That's when businesses will have to turn to modern business intelligence system solutions that offer AI and predictive analytics like BIS.
Risks of not having BIS
For example, in an enterprise it often happens that departments work separately and do not connect data to each other. The IT department may not have control over what happens within the units. The finance department needs an overview of costs, but finding the right information among a forest of reports, data, metrics, etc. can be a nightmare.
These situations can cause process delays and cost the company heavy losses.
That's why testing and choosing the best solution like BIS should be considered by all businesses to avoid future cost increases or potential bottlenecks across the entire business process.
The main benefits of BIS
MSM helps businessess manage data intelligently
Data Warehouse (ETL, OLAP, MDX)
BI - Business Intelligence (Data Storytelling, Visualization, Dashboard)
Data Mining
Big Data Analytics
Machine Learning| Artificial Intelligence
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