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Do you know what makes a great Business Intelligence (BI) system? We asked Martin Borsc, our expert software engineer and data analyst, to share the key qualities of a winning BI application.
You need a tool that everyone can trust. “A single source of truth”. The information presented by your BI system needs to be rock-solid! With an accurate database plus a well set-up and integrated BI tool, users can be confident that the insights are reliable and reflect business reality.
Insights in real time. Nobody wants to wait hours for results. The tool should be snappy and deliver insights quickly. Enabling users to work with large quantities of data in almost real-time and make informed decisions without delay.
Accessible to all, not just the technical whizzes. Your company’s BI system should be intuitive and easy to navigate, even for non-technical users. This ensures everyone in the organization has equal access to the insights they need. Providing access to a wider audience leads to better informed decisions and innovation.
Built for the future. Business needs are constantly evolving, so any BI tool needs to be adaptable. It should allow for diverse calculations and analyses, empowering users to explore data from different angles and find new insights.
Even with the advantages introduced by cloud deployment, it's crucial to ensure a system can accommodate future needs. The Business Intelligence tool should be able to scale as your business grows and your data volume increases.
Honing in on these five BI essentials will empower your organization to make data-driven decisions based on insights you can trust.
Photo by Johannes Plenio on Unsplash
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To discuss how we can help transform your data into actionable insights please get in contact:
Telephone: +44 (0)20 3858 9655
Email: info@theifactory.com