Why is BI important?

• • Measurement: creating KPI (Key Performance Indicators) based on historic data
• • Identify and set benchmarks for varied processes.
• • With BI systems organizations can identify market trends and spot business problems that need to be addressed.
• • BI helps on data visualization that enhances the data quality and thereby the quality of decision making.
• • BI systems can be used not just by enterprises but SME (Small and Medium Enterprises)

How Business Intelligence systems are implemented?

Here are the steps:

• Step 1) Raw Data from corporate databases is extracted. The data could be spread across multiple systems heterogeneous systems.
• Step 2) The data is cleaned and transformed into the data warehouse. The table can be linked, and data cubes are formed.
• Step 3) Using BI system the user can ask quires, request ad-hoc reports or conduct any other analysis.