BUSINESS INTELLIGENCE BENEFITS AND ITS AREAS

Computer Engineering

The amount of the information in business is growing at a very high rate. Turning information into knowledge is important for a successful enterprise. Guided by the increased competitiveness due to changing business models and the growth of the demand for new applications, many companies are adopting Business Intelligence (BI) technologies and systems that help the decision making process. Companies have realized the importance of implementing BI strategies in achieving their business goals. Many of them are making BI functionality more useful for all decision makers, officers, managers and employees who deal with clients. Product quality specialists can now use the appropriate data and information to analyze the quality of the product. After a successful analysis of data on products they can find rules and patterns that lie behind and consequently help the quality analysts and managers to make better decisions regarding quality management. This paper focuses on benefits offered by BI in the decision-making process by analyzing the factors, technologies and best techniques for the implementation of BI.

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