{"id":13427,"date":"2023-03-13T12:37:30","date_gmt":"2023-03-13T10:37:30","guid":{"rendered":"https:\/\/yeeply.com\/en\/?p=13427"},"modified":"2023-12-11T10:47:21","modified_gmt":"2023-12-11T08:47:21","slug":"business-intelligence-solutions-business-strategy","status":"publish","type":"post","link":"https:\/\/yeeply.com\/en\/blog\/digitalization\/business-intelligence-solutions-business-strategy\/","title":{"rendered":"Business Intelligence solutions for your company&#8217;s business strategy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A <\/span><b>Business Intelligence (BI) solution<\/b><span style=\"font-weight: 400;\">, is a set of tools that combine Big Data with business analysis and data mining.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its <\/span><b>objective is to optimise the use of data<\/b><span style=\"font-weight: 400;\"> to help you make better decisions for your company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business intelligence drives, eliminates inefficiencies and allows organisations to quickly adapt to any change.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Index:<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#Intelligence\"><span style=\"font-weight: 400;\">What is Business Intelligence?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#in\">Fields of application of Business Intelligence solutions in companies<\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#of\"><span style=\"font-weight: 400;\">The advantages of Business Intelligence solutions<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#and\"><span style=\"font-weight: 400;\">Examples and applications of Business Intelligence solutions\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#BI\"><span style=\"font-weight: 400;\">Yeeply provides BI software solutions for businesses<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><div class=\"bt-proyecto\"><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-BP-proyecto-transformacion#publish-project\" target=\"_blank\" rel=\"noopener noreferrer\">FIND THE BEST TEAM FOR YOUR DIGITAL TRANSFORMATION<\/a><\/div><\/span><\/p>\n<h2><span id=\"Intelligence\" style=\"font-weight: 400;\">What is Business Intelligence?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Business intelligence uses software to <\/span><b>transform large amounts of data into useful and easy-to-understand knowledge<\/b><span style=\"font-weight: 400;\">. Then its purpose is that you can effectively monitor your company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This data optimization allows you to quickly improve any type of process. This is the reason why business intelligence solutions are closely linked to technological innovation and <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/digitise-company-after-covid-19\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">digital transformation<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any company that uses these types of solutions is capable of achieving <\/span><b>higher levels of performance<\/b><span style=\"font-weight: 400;\">. Moreover you will detect improvement points and you will be able to find the solutions for the areas of interest as well.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business Intelligence software solutions <\/span><b>combine both internal<\/b><span style=\"font-weight: 400;\"> (processes, employees&#8230;) <\/span><b>and external<\/b><span style=\"font-weight: 400;\"> (competitors, customers&#8230;) information to make well-informed decisions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Related article | <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/what-is-enterprise-performance-management-epm-solution\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">What is an Enterprise Performance Management (EPM) solution for companies?<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Types of Business Intelligence tools<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Although it is a very broad category, we can<\/span><b> divide these tools into three categories<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">1. Data tools<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Also called<\/span><i><span style=\"font-weight: 400;\"> data management tools<\/span><\/i><span style=\"font-weight: 400;\">. They use data from different sources in your company to <\/span><b>purge it, extract it, transform it and transfer it<\/b><span style=\"font-weight: 400;\"> to the system where it is useful.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">2. Applications to discover new data\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">They are known as <\/span><i><span style=\"font-weight: 400;\">data discovery applications<\/span><\/i><span style=\"font-weight: 400;\">. For example they collect and evaluate new information to which <\/span><b>predictive analysis techniques are applied<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">3. Reporting tools\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Once all the information has been collected and processed, these tools<\/span><b> help to visualise it graphically and intuitively<\/b><span style=\"font-weight: 400;\">. Furthermore they are used to integrate information into <\/span><b>dashboards that measure whether or not certain KPIs are being met <\/b><span style=\"font-weight: 400;\">in your company and to generate all kinds of reports<\/span><i><span style=\"font-weight: 400;\">.\u00a0<\/span><\/i><\/p>\n<figure id=\"attachment_13428\" aria-describedby=\"caption-attachment-13428\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-13428\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2022\/03\/businessman-gd63e4299b_640.jpg\" alt=\"BI solutions for management\" width=\"640\" height=\"400\" srcset=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2022\/03\/businessman-gd63e4299b_640.jpg 640w, https:\/\/yeeply.com\/en\/wp-content\/uploads\/2022\/03\/businessman-gd63e4299b_640-300x188.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-13428\" class=\"wp-caption-text\"><span style=\"font-weight: 400;\">Business Intelligence solutions for companies. Source: <\/span><a href=\"https:\/\/pixabay.com\/es\/photos\/empresario-establecimiento-3300907\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pixabay<\/span><\/a><\/figcaption><\/figure>\n<h2><span id=\"in\" style=\"font-weight: 400;\">Fields of application of Business Intelligence solutions in companies<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Incorporating Business Intelligence software solutions allows you to <\/span><b>achieve objectives effectively<\/b><span style=\"font-weight: 400;\"> in a wide range of sectors.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Retail<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can use Business Intelligence and big data solutions to <\/span><b>forecast demand and analyse its fluctuations<\/b><span style=\"font-weight: 400;\"> over time. It allows you to optimise inventory to meet customer demand and avoid over-stocking.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Automotive Sector<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Business Intelligence solutions <\/span><b>optimise your production chains, human resources and finances<\/b><span style=\"font-weight: 400;\"> by providing effective decision-making tools.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Hospitality<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Constitutes an advantage over your competitors. Business intelligence also helps you <\/span><b>respond quickly to unexpected changes in the market<\/b><span style=\"font-weight: 400;\"> and in addition informs you of new business opportunities.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Pharmaceutical<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Helps to understand the client&#8217;s behaviour pattern. It drives research and development and will enhance communication with suppliers as well.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Services<\/span><\/h3>\n<p><b>Optimise the management of your staff<\/b><span style=\"font-weight: 400;\">, which is very important in the service sector, since employees are an essential part of your company\u2019s success.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><p><a href=\"https:\/\/yeeply.com\/en\/landing\/download-ebook-digital-transformation-sme\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2020\/06\/EN-E6-Banner-blog-1020x387-1.png\" alt=\"E6 Ebook transformaci\u00f3n digital\" \/><\/a><\/p><\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Business Intelligence technologies and solutions<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Although there are many more, these are the <\/span><b>main tools that companies can use<\/b><span style=\"font-weight: 400;\"> to incorporate BI into their organisation:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Qlik<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Qlik Sense is a <\/span><b>&#8220;new generation&#8221; data analysis solution<\/b><span style=\"font-weight: 400;\">. It uses an associative analytics engine and combines it with sophisticated AI. All in a high-performance cloud platform that empowers any business to make better decisions.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Oracle<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It is based on a<\/span><b> BI server designed to be highly scalable<\/b><span style=\"font-weight: 400;\">. It provides access to centralised data and calculations hence creating a great channel through which all users can access all the company&#8217;s information.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The platform supports various plugins and all within a <\/span><b>fully integrated web environment<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SAP Business<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The third example is an embedded Business Intelligence solution for analytical planning and forecasting. Endeed it allows <\/span><b>forecasting what is going to happen in certain areas, based on the history of the company<\/b><span style=\"font-weight: 400;\"> with the help of machine learning.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The SAP Business solution can be supported by plug-ins to enhance its analysis, reporting, and visualisation functions.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Power BI<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It is a suite of analytics apps that let you analyse data and share insights. Power BI is the perfect solution for Business Intelligence, allowing <\/span><b>you to see different data sources in a single report<\/b><span style=\"font-weight: 400;\"> for the most critical KPIs for your business.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">You may be interested | <\/span><i><span style=\"font-weight: 400;\">Implement the Customer Data Platform (CDP) in your digital transformation<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<h2><span id=\"of\" style=\"font-weight: 400;\">The benefits of Business Intelligence solutions<\/span><\/h2>\n<h4><span style=\"font-weight: 400;\">Precise data<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Business Intelligence makes it possible to have all the <\/span><b>company&#8217;s data centralised and well structured.<\/b><span style=\"font-weight: 400;\"> It increases agility when making decisions and broadens the vision of the business, avoiding making decisions based on intuition.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Customised reports<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Reports can be adapted to the needs of each of our departments. Those responsible for the different areas have <\/span><b>updated information in real time<\/b><span style=\"font-weight: 400;\"> on the data they are really interested in.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Attractive dashboards<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">BI allows you to create your own dashboards, indicators and information filters. As a result, <\/span><b>dashboards are more intuitive, visual, and easy to interpret<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Collaboration<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Customised<\/span><b> reports make it easy to communicate with the rest of the company; <\/b>a<span style=\"font-weight: 400;\">s a consequence, each department has the data it needs and at the same time the management team can have access to all of it.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Time saving<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Business Intelligence <\/span><b>solves many problems of inefficiency.<\/b><span style=\"font-weight: 400;\"> In fact whenever a company lacks these types of solutions, users can spend a lot of time searching for information that may also be out of date.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>\u26a1\ufe0f More about the topic | <em><a href=\"https:\/\/yeeply.com\/en\/blog\/benefits-of-automation-for-companies-thanks-to-rpa-solutions\/\" target=\"_blank\" rel=\"noopener\">Benefits of Automation for Companies Thanks to RPA Solutions<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<h2><span id=\"and\" style=\"font-weight: 400;\">Examples and applications of Business Intelligence<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">Renfe<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Business Intelligence solutions allowed to <\/span><b>optimise the company&#8217;s commercial management<\/b><span style=\"font-weight: 400;\"> and customer user experience. In addition Renfe uses technologies and<\/span><b> tools such as PowerCenter and SAP BO<\/b><span style=\"font-weight: 400;\"> to analyse, for example, traffic flow, objects on the tracks, acts of vandalism or fraud in accessing its services.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Vodafone<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The mobile phone company is an example of the incorporation of BI as well. In a word they use this type of tools to <\/span><b>carry out the complete management of the company<\/b><span style=\"font-weight: 400;\">, from definition of calculations to reports, BSC, incident management, etc. They use for example <\/span><b>Business Objects, Sybase or Unix<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Tesla<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The technology company connects its electric vehicles, along with all components, to Tesla headquarters through the Internet of Things (IoT). So this allows the company to<\/span><b> implement software updates<\/b><span style=\"font-weight: 400;\"> for its cars free of charge and also allows <\/span><b>collecting data on drivers&#8217; preferences<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Tik Tok<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This platform&#8217;s strong use of business intelligence is reflected by the <\/span><b>analytical capabilities of its algorithm<\/b><span style=\"font-weight: 400;\">. Over time, users can train the app&#8217;s algorithms to their liking by reacting to videos.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Keep reading | <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/best-digital-tech-experts-for-business\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">The best digital and tech experts for your business<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span id=\"BI\" style=\"font-weight: 400;\">Yeeply provides Business Intelligence software solutions<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">By having a modern BI implemented in your organisation <\/span><b>you will be able to see the results from the first day<\/b><span style=\"font-weight: 400;\">, and as a result you will immediately see your time become stress free.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus you will have the possibility to focus on the data through interactive visuals, to program automated reports that will save you hours of work and to use <\/span><b>modern embedded Business Intelligence solutions in predictive analysis<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Truly this will not only empower your company&#8217;s technical team, but each and every average business user who needs to create their own stories with the<\/span><b> help of modern software and technologies<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Save yourself the manual work and start your analysis<\/b><span style=\"font-weight: 400;\">, build your dashboards in minutes and interact with your data story immediately.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-LNK#publish-project\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Contact us<\/span><\/a><span style=\"font-weight: 400;\"> to learn about our Business Intelligence software solutions. If you are interested in learning more or need <\/span><b>support from our certified experts<\/b><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/yeeply.com\/en\/?rel=EN-LNK#publish-project\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Yeeply<\/span><\/a><span style=\"font-weight: 400;\"> is here to help you!<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><p><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-BP-proyecto-transformacion#publish-project\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2020\/07\/EN-CTA-Banner-Digital-Transformation.png\" alt=\"Digital Transformation Project\" \/><\/a><\/p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Business Intelligence (BI) solution, is a set of tools that combine Big Data with business analysis and data mining. Its objective is to optimise &#8230;<\/p>\n","protected":false},"author":2,"featured_media":13429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[497],"tags":[],"class_list":["post-13427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digitalization"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u25b7 \u200b\u200bBusiness Intelligence solutions for companies<\/title>\n<meta name=\"description\" content=\"Achieve higher levels of performance and detect points of improvement in the areas of interest of your SME thanks to Business Intelligence solutions \u26f3!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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