What is Business Intelligence (BI)?
Business intelligence, or BI, is an umbrella term. It refers to a variety of software applications used to analyze an organization’s raw data. BI as a discipline is made up of several related activities, including data mining, online analytical processing, querying and reporting.
Companies use BI to improve decision making, cut costs and identify new business opportunities. BI is more than just corporate reporting and more than a set of tools to coax data out of enterprise systems. With today’s business intelligence tools, business folks can jump in and start analyzing data themselves, rather than wait for IT to run complex reports. This democratization of information access helps users back up—with hard numbers—business decisions that would otherwise be based only on gut feelings and anecdotes.
What is Effectium’s role with BI?
Effectium provides installation and support on a number of business intelligence tools. If you already have Infor CRM, TIBCO Spotfire provides the advanced analytics to help increase the value that Infor CRM has for your business. Even if you haven’t purchased Infor CRM, Spotfire is able to integrate with many other systems. KnowledgeSync provides audit and alert systems to help automate management of your various software platforms. Many of which we support. Another advantage of using the Infor CRM product is the automatic integration of Crystal Reports. Not only is Crystal Reports included in the installation, but it can be used as a standalone feature as well.