Tag:

business intelligence technology trends

Business Intelligence Technology For Effective Transactions

Effective Transactions

In today’s economy Business Intelligence Technology no longer only has to deal with local competition. The current global community has made competition among businesses increasingly fierce. This is why more and more small and large companies are turning to business intelligence to improve efficiency.

This intelligence refers to computer-based methods of managing information to facilitate access to certain information when you need it. One of the techniques used in this method is the data source. This can mean collecting documents, photos, images, tables, web pages, or other data sources and managing them and stored in electronic format.Business Intelligence Technology

After you collect all the information, then you analyze this data. Analyze it to help make business decisions. This analysis helps predict current business trends. It summarizes information and helps break down information that is usually difficult to understand into small pieces. Various theories are used at this stage depending on the type of data to be analyzed.

When you analyzing the information, system will filtering irrelevant data. The remaining information will be placing in a context that is relevant to the business environment of this place. This means that the information is summarized in terms of economic policies, market forces …