What is Real-Time Business intelligence

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Transcript of What is Real-Time Business intelligence

Page 1: What is Real-Time Business intelligence

WHAT IS

BUSINESS INTELLIGENCE

Real-time = deliveringinformation in amatter of secondsafter the business

event

Real-time BI providesimmediate access torelevant and timelybusiness information

Its purpose is to deliverinformation aboutoperations 'as they

occur'

Management canmake betterdecisions and

anticipate problemssooner

The objective of real-time BI is to manage

daily businessoperations

Rather than refreshingyour data at end of dayor week, you can nowrefresh as often as

needed

R E A L - T I M E

Business Intelligence (BI) aims to design and build softwaretools capable of producing detailed analyses with the help ofcustomized drillable dashboards. BI integrated with an ERPsystem like erpWizard offers businesses powerful analytics in

order to detect strategic information.

Businessenvironment iscompetitive and

dynamic - BI allowsmanagers to

constantly keep upwith changes

Business Intelligenceprovides the "rightinformation, to theright people, at the

right time."

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ReferenceSandu, Daniela Ioana (2008), "Operational and Real-Time Business Intelligence",Revista Informatica Economica nr 3 (47)