Business intelligence management provides oversight for all aspects of an enterprise by integrating, reviewing and reporting information from all areas. BIM is not about pulling sales figures and customer statistics alone. It’s about compiling facts and figures from every corner of the company and presenting clear, concise data that is actionable by managers, directors and executives.
Previously, data was utilized for IT or accounting purposes only. Given the depth of information now available, especially with recent technological advances, this data is truly viable for all aspects of business intelligence.
Companies specializing in this type of data farming are moving to the forefront of modern business technology. Many are developing cloud-based software that allows users to access business information in an easy and organized way. Gone are the days of spreadsheets and queries! Reports are formatted, supply exactly what the user intended, and are fully actionable based on the data.