Business intelligenceBusiness intelligence delivers the means to analyse performance of an organisation, it's customers and products. If you are familiar with spreadsheets, you may have used a pivot-table to analyse figures. Business intelligence provides a similar form of analysis. Spreadsheets can be difficult to maintain and are prone to error. Business intelligence provides a robust and reliable method to provide summarised and detailed data. Business intelligence can also be applied to other areas of a business such as stock control, logistics, financial management. It is increasingly being used to manage the performance of websites and on-line communities. Analysis differs from conventional reporting. Rather than just providing a list of top customers or products by revenue. It allows users to explore and discover performance trends and patterns:
A well designed business intelligence deployment will deliver the answers. The data is packaged into cubes to provide the user with intuitive navigation. Requirements are expressed in terms of measures e.g. sales, quantity, margin and dimensions e.g. customers, products etc. The dimensions provide summarisations e.g. all products, categories and product item. A cubes may comprise many dimensions and measures.
Business Intelligence is sometimes referred to as OLAP (On-Line Analytical Processing) or Cubes the term used here. Free guide to delivering business intelligenceMost businesses have customer data stored in sales systems, CRM and websites. These systems provide a fantastic resource for managing business performance.
This guide provides a step-by-step guide to delivering business intelligence. |
Phone: 07956 650 404 contact@information-drivers.comHello and thank you for visiting Information Drivers, I'm David Willis and this is my consultancy. I've been helping businesses improve their sales and marketing performance for over 20 years. To find out how to improve your organisations performance read my Data Blog. "The fusion of our customer data with targeted market research has provided real insight. Confirmation of long-held beliefs has been just as useful as the truly new understanding. The MarketGEM project laid a few ghosts to rest. It enabled us to focus on innovative strategies for business growth and membership satisfaction." ~ Brian Ford, Director of Marketing and Communications, The Chartered Institute of Purchasing & Supply b-live is an innovator in the UK secondary education sector. They help students research and plan their careers using an exciting, stimulating and secure website environment. They have over 100,000 students on-board with student registrations growing fast. With rapid growth, b-live needed to manage retention rates and student activity. We delivered a Business Intelligence solution to support b-lives continued growth and success. |