Business Intelligence is defined by Gartner, a leading industry analyst firm, as:
An umbrella term that includes the application, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.
If you want to leverage your data, turn it into actionable insight and make better decisions, then a business intelligence (BI) and business analysis (BA) solution is what you need.
However, just buying an off-the-shelf product is not going to offer you much. It is very important to see the big picture, ask the right questions and look for your underlying business challenges. Only then the solution can be the foundation for a tangible competitive advantage.
Often it is a good idea to ask the assistance of an expert in designing and deploying business intelligence solutions, in each of our projects. Someone with extensive consulting expertise and deep industry-specific knowledge to find underlying business challenges and opportunities. Guided by this expertise, a solid methodology and a vendor-neutral approach, the consultant will help you select the best tools and solutions to meet your needs, while incorporating best practices.