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Decision making in business is considered one of the top pre-requisites which is trickier and more complex than it sounds. Every organisation dreams of getting this right so that they can take apt decisions in every aspect across the organization which is a perfect world, which seldom happens. Organisations today, wants to support the managers take right decisions, giving them accurate and complete information.
Business Intelligence refers to the procedural and technical infrastructure that collects, stores, and analyses data produced by all the activities a company does. BI construes all the data generated by an organization and easy to understand reports, trends and performance measures enabling companies to take informed decisions, by data mining, process analysis, performance benchmarking, and descriptive analytics. It enables companies to make better use of the data they generate.
BI tools and software come in a variety of forms such as spread sheets, reporting software, query software, data visualization, data mining and OLAP. An advancement in analytics allows individuals without any technical background to explore and access the data.
Generally, organizations have the data in unstructured or diverse formats, making it tough to collate and analyse the data. And for a better BI tool, more ways to capture the information that is not being recorded, checking the information for errors and structuring the information in a way that makes analysis possible, is imperative.
VycerTech’s proficient data analysts and engineers filter out sources to find selection of data points that can signify the health of a process or a business, which reduces the need to capture and reformat for analysis increasing the reporting speed. We enable businesses to attain faster and more accurate reporting and analysis, improved data quality, better employee satisfaction, reduced costs, improved revenues and more importantly, the ability to take better business decisions.
