Gaining An Edge With Business Intelligence Tools In Banking
Organizations want timely, well-informed decision-making, in operational settings and in the corner office—no matter what their mix of platforms, applications, or infrastructure environments. From the point of view of information technology, we can say that BI is a set of methodologies, applications and technologies that allow a business to the group and transform the data obtained from structured information systems to do analysis and information generation and improving the process decision-making of the business.
Organisations need to react to the information they’re been given as this is where the value is added, this is what we refer to as BI culture, creating the mindset within the organisation to ensure people are getting the best out the business intelligence solutions to ensure the business is able to move forward.
With the massive volumes of data generated by companies today, integrating BI into Enterprise Resource Planning (ERP) and Enterprise Data Warehouse (EDW) …