The blend between Information Technology and Business worlds certainly is an attractive evolution from one specialization to another (or to a new one). This process is responsible for connecting to and extracting data from one or more transactional systems (source systems), transforming it according to the business rules defined through the business objectives, and loading it into the all important data model.
Therefore management should sit down and build up a BI strategy for the company and identify the information they require in each business direction within the enterprise. Skills: Business management, computing, economic analysis and team leading skills are required for this position.
Implemented correctly, root-cause analysis and business intelligence strategies will help drive specific actions and organizational change programs that operational reporting will not. It seeks to help analyze and make better business decisions, to improve sales or customer satisfaction or staff morale.
IT users also use it for supporting the individuals in the organization and provide reports to the outside customers. For example, by examining the purchasing trends of certain customers during certain times of the year, a company can predict how much of a certain product they need to produce in order to meet the demand of their clients.
When we ask client physicians for the data among other data to do a practice assessment, you’d be surprised about how many have never seen these reports or used them to consider strategy. The Business Intelligence systems are now available to everyone. Investments intoÂ Business Intelligence solutions for reporting purposes are usually notÂ sufficient toÂ follow marketing products hyper production.