Need of Intelligence in Business :
EpochResearch Institute India Pvt Ltd. (SASAuthorised Training : Ahmedabad | Bangalore)
EpochResearch Institute India Pvt Ltd. (SASAuthorised Training : Ahmedabad | Bangalore)
To survive in the modern business jungle, we need courage to act especially if we want to reach the top of the corporate food chain. That kind of courage comes from identifying challenges or opportunities, analysing the situation, and monitoring how decisions are affecting both the present and the future.
There was a time when business use to run on gut feeling of the owner but now trend has change we have different type of partners, boards of director and other useful member whose decisions also matter.
One more major factor is DATA. Now data is flowing from every single source of business and it’s very necessary that we capture each and every chunk of data so that we can pull out maximum information from them.We know our business better than anyone else can do. We know where the data is, we know our competitor but we don’t know the answer for some of the major questions like:
1) How to handle the fast flowing data in easier way?
2) What to do with that data and pull out the most important information from it?
3)What type of reports to generate which can easily give the maximum output?
4)What changes are required in the organisation to make thing go in proper way and generate great revenue?
And many more of the question..
This is where Business Intelligence comes into the picture. There are various definitions for business intelligence:
WikipediaSays: Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes.
WebopediaSays: The term business intelligence (BI) represents the tools and systems that play a key role in the strategic planning process of the corporation. These systems allow a company to gather, store, access and analyse corporate data to aid in decision-making.
We here in SAS have different definition for business Intelligence.
In today’s scenario we need the software which is capable of taking huge amount of data and analyse in fractions of minutes without more complexity. Keeping this in mind SAS has developed a Business Intelligence tool known as Visual Analytics.
We here in SAS have different definition for business Intelligence.
In today’s scenario we need the software which is capable of taking huge amount of data and analyse in fractions of minutes without more complexity. Keeping this in mind SAS has developed a Business Intelligence tool known as Visual Analytics.
Features of Visual Analytics:
1) Visual data exploration: Auto charting capability helps determine the chart best-suited to display data based on items selected for analysis.
2) Self-service, easy analytics: Fast in-memory analysis on data of any size. Descriptive, predictive and prescriptive analytics out of the box.
3) Robust report design, creation and viewing: Web-based, inte Mobile BI Native iPad and Android apps provide a feature-rich user experience.
4) Mobile BI: Native iPad and Android apps provide a feature-rich user experience.
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