Business intelligence 'offers significant insight into a firm'

Wed Feb 24 2010 17:44

Business intelligence (BI) can help managers to identify areas of priority within their organisation.

The benefits of implementing business intelligence (BI) were recently underlined by one expert.

Shelly Cooper, business development manager at Oracle South Africa, suggested that BI solutions are a priority for many enterprise operators.

Those seeking to carry out the best business analysis strategy may agree that many firms are eager to reduce their operating costs and lower their business risk.

The article states: "BI usability has increased dramatically … making casual business consumers of analytics more effective at quickly understanding out of the box solutions and navigating the data to find the root cause."

In addition, Oracle claims many organisations are keen to focus on performance management, in which budgeting and business planning applications are considered.

Recently, the advantages of using enterprise resource planning (ERP) solutions were underlined by two companies.

Scotts Miracle-Gro Company and Lennox International claimed that they have used ERP strategies to cut their operating costs.