In this competitive era, organizations have to be fast but very careful in taking decisions regarding operations of the organization. Business decisions are only as good as the information on which they are based. A correct decision opens the door to competitive advantage and a host of other benefits, allowing companies to substantially enhance bottom-line profitability.
An IBM researcher Hans Peter Luhn, defined the term business intelligence "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal."
In short "Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making."
In 2009 Gartner paper predicted about business intelligence:
"Because of lack of information, processes, and tools, through 2012, more than 35 percent of the top 5,000 global companies will regularly fail to make insightful decisions about significant changes in their business and markets."
Netwin's Business Intelligence Solution Practice helps companies in a wide range of industries leverage business-critical information across the enterprise - an essential first step in making decisions that are intelligent and timely.
Our business intelligence solutions include reporting, OLAP, analytics, dashboards, scorecards, data mining, corporate performance management (CPM) and predictive analysis. Our solution provides tools in the hands of senior management of your organization to make decisions based on the KPI displayed by BI.
The OLAP (online analytical processing) is part of the broader category of business intelligence, which also encompasses relational reporting and data mining. It include business reporting for sales, marketing, management reporting, business process management (BPM),budgeting and forecasting, financial reporting.
Our OLAP BI solutions enable users to interactively analyze multidimensional data from multiple perspectives. OLAP consists of three basic analytical operations: consolidation (roll-up), drill-down, and slicing and dicing. Consolidation involves the aggregation of data that can be accumulated and computed in one or more dimensions. For example, all sales offices are rolled up to the sales department or sales division to anticipate sales trends. In contrast, the drill-down is a technique that allows users to navigate through the details. For instance, users can access to the sales by individual products that make up a region’s sales. Slicing and dicing is a feature whereby users can take out (slicing) a specific set of data of the cube and view (dicing) the slices from different viewpoints.
We have gained in-depth Business Intelligence expertise that spans domain knowledge, methodologies, technologies and tools. Customers in a wide range of industries - insurance, banking and financial services, manufacturing and retail.
Please feel free to Contact Us to solve the challenges of your enterprise requirement; our team of professionals, equipped with latest set of skills, will be pleased to assist you as promptly as possible.