Business Intelligence
Business intelligence technologies use advanced statistics and predictive analytics to help businesses draw conclusions from data analysis, discover patterns, and forecast future events in business operations. Business intelligence reporting is not a linear practice, rather, it is a continuous, multifaceted cycle of data access, exploration, and information sharing. Common business intelligence functions include:
- Data Warehousing: sorting through large datasets using databases, statistics, and machine learning to identify trends and establish relationships
- Querying: a request for specific data or information from a database
- Data preparation: the process of combining and structuring data in order to prepare it for analysis
- Reporting: sharing operating and financial data analysis with decision-makers so they can draw conclusions and make decisions
- Benchmarking: comparing current business processes and performance metrics to historical data to track performance against industry bests
- Descriptive analytics: the interpretation of historical data to draw comparisons and better understand changes that have occurred in a business
- Statistical analysis: collecting the results from descriptive analytics and applying statistics in order to identify trends
- Data visualization: provides visual representations such as charts and graphs for easy data analysis
Sapphire Consulting has developed expertise in Oracle Business Intelligence tools as well as Microsoft Power BI and other leading tools in the market. We have a number of implementations of BI in Public sector with Taxation and Statistics authorities