Supporting Better Decisions
The purpose of Business Intelligence (BI) is to support better decision making.
Unlike reporting, which shows you what has happened, Business Intelligence is the process by which organisations use strategies and technologies for analysing current and historical data.
Tools such as Microsoft Power BI provides greater insight into your most valuable assets – the data that drives your business. It allows you to:
- Analyse trends and help you plan, manage and deliver your strategy, production, manufacturing, and budgeting.
- Reduce & manage risks through access to detailed insights and analytics about your business.
- Improve efficiencies by understanding business needs and managing issues more quickly.
BI refers to technologies, applications, and practices for collecting, integrating, analysing, and presenting information.
Built on data / big data gathered from single and multiple sources, possibly integrated into a data warehouse and/or data lake – sometimes using live data (e.g. IoT).
Business Intelligence solutions provide historical, current, and predictive views of business operations.
Microsoft Power BI enables reporting, interactive “slice-and-dice” pivot table analysis, visualisation, and statistical data mining.
Data visualisation is the graphical representation of information and data. It should help you focus on the meaning of data rather than looking at the data itself.
Good data visualisation enables you to spot trends, anomalies, and potential issues quickly.
Using Power BI, you can connect to multiple data sources and combine them into a data model.
This data model lets you build visuals and collections of visuals you can share as reports with other people inside your organisation.
How We Can Help
CPS can help your organisation in a variety of ways:
- Fixed price work packages to explore your requirements and deliver a prioritised set of outcomes, a roadmap and a plan for deployment and adoption
- Power BI / Dashboard In A Day provides a taster for you and your colleagues through guided exercises
- Consulting services specific to your requirements
In all scenarios, CPS will begin with a no-commitment meeting delivered by one or more of our expert architects.