Our Most Popular Managed Services

If you need help deciding what services are best for your business let us know.

Logo

 
 Popular Services
 (502) 212-2525

Logo

 

Triad IT Blog

Intro to Your Tech: Business Intelligence

Intro to Your Tech: Business Intelligence

Any business owner will tell you, the more you know about your business and its relationship with its customers, the better decisions you can make. For years, small and medium-sized businesses have been rolling out solution after solution to try and make their business run as efficiently as possible. Today, we’ll go into the concept of business intelligence, how it works, and why your business needs it.

What is Business Intelligence?
Business intelligence is a strategy that utilizes software and other services to transform the data your business takes in and creates into actionable intelligence. Also called descriptive analytics, it is designed not to tell you what to do, but what has been, and what is. Often confused with business analytics, BI isn’t trying to give out answers about what is going to happen, it studies what has already happened so that you have a better idea about the workings of your business.

How to get started with BI?
Your business has information strewn about across databases. In order to get them in order, you are going to have to do a little spring cleaning. Setting up a data warehouse will allow you to get all the important data that is spread around into one place. In this place tables can be linked in order to create what’s known as a data cube.

Some data warehouses utilize dynamic links to the databases, which adds the data to the inventory database, and reconfigures the report with the new data represented. Some don’t offer dynamic links, however, and relies on the warehouse to import it from specified databases.

How Does It Work?
Once your data warehouse is set up, you will then start your analysis by performing multilayer queries. Since all the databases are connected you can enter search queries for all types of information. For example you can search through your inventory, and in the same query, search that list of products for which are the most popular, and then still yet cross reference with which products sell when. By having all this information on hand and available, you can get a crystal clear look into your company’s makeup.

Reports Are the Name of the Game
Every query will end up in a report, because what good is this information if it is not in the hands of the people that can utilize it? Besides, they know better than any technician about where to place product and where not to. The surprising development that BI will provide your business is that the tried and true methods and strategies that once made sense might just be revealed to be antiquated. From a strategic standpoint BI can be a complete game changer, so the upfront costs of setting up a data warehouse and purchasing the software may be inconsequential since the data you get out of it will likely pay for the cost of implementation.

At Triad IT we can help you deploy analytics systems that will help you get more out of your business. For more information about building a business intelligence platform for your business, call us today at (502) 212-2525.

Your Network Infrastructure Needs to be Secured
Lights, Camera, A.I. - Comparing Hollywood to Real...
 

Comments 1

Leandra Acosta on Friday, 23 November 2018 06:43

Introduction makes the some inspiring things on the intelligence from the transforms of the locally business to accomplished. Technologies of the business with the https://www.essayuniverse.net/essayshark-review/ website that have multi users on the all references to create the analytics have ideas.

Introduction makes the some inspiring things on the intelligence from the transforms of the locally business to accomplished. Technologies of the business with the https://www.essayuniverse.net/essayshark-review/ website that have multi users on the all references to create the analytics have ideas.
Already Registered? Login Here
Guest
Monday, December 10, 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Chrome Best Practices Tech Terms Government Sales Laptop IT Support Edge Connectivity eCommerce Managed IT Services User Tips Reporting Internet HIPAA Ransomware Wireless Business Computing Gadgets Websites Safety Alert Workers Microsoft Network Business Intelligence Mobile Security Staff SSD Microsoft Teams Cloud Bring Your Own Device IT Management Business Management Apple Router Gmail Technology Trends Communications Spyware Specifications Email Hybrid Cloud e-waste Collaboration Information Managed IT services Applications Small Business Tech Term Data Protection Value Save Money Cortana Wi-Fi Tablet Telephony Tip of the Week Network Attached Storage Big Data Inventory WannaCry Sports Miscellaneous Malware Database Conferencing File Sharing G Suite VPN Innovation Bandwidth Machine Learning Voice over IP Spam User Security Wireless Charging Antivirus Apps Managed IT Service Cybercrime Ink Blockchain Dongle RAM Data Computer Lead Generation Millennials Backup Passwords Thank You Facebook Google Operating System Tactics Cost Management Efficiency Browser Battery IT Services Unified Communications Environment Telecommuting Printing Online Shopping Telecommute Microsoft Office Settings Marketing Analysis Employer-Employee Relationship Virus Company Culture Data Management Downloads Twitter Movies Business Data recovery Virtual Assistant Content Filtering Office Processors Automation Threat Backup and Disaster Recovery Smartphones WiFi Maintenance Vulnerability User Tip Technology Tips Patch Management Security Remote Monitoring and Management Windows 10 Digital Saving Money Mobile Devices Amazon Computers Comparison Plug-In A.I. PowerPoint Productivity VoIp Document Management IT budget Cloud Computing Business Technology Managing Stress disposal Physical Security Data Breach Congratulations Users HP Phishing Data Backup Tip of the week Law Enforcement Communication BDR Smartphone Cybersecurity Social Media Hackers Proactive IT Knowledge Analytics Server Holiday Software Artificial Intelligence Password Internet Explorer Workplace Tips Compliance Hard Drives Virtualization Privacy How To Data loss Cables Managed Service Internet of Things Hardware Remote Computing Paper Outsourced IT Regulation Voice over Internet Protocol Android Network Security Streaming Media Excel Hosted Solutions Hard Drive Paperless Office Server Management iPhone Office 365 Networking

Newsletter Sign Up