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BI (Business intelligence) systems

 

 

Seine Ttso )Militaristic Chinese thinker, "The art of the war", 512 B.C.) Claimed, that in order to win in a war there is a need not only for full information about the enemy but also the full information about the adversary and it is advantages and disadvantages. Those insights are exactly the essence of the BI systems. The World of business, universal and local is situated in hurling that will last into 2009.

The reasons to this hurl were sentenced, are discussed and will be analyzed in the future. Companies try today to understand how this situation had occurred and there were not enough warnings to the impossible situation that the world entered.

Well, amazingly computerized systems do exists and theoretically could flood data that would indicate the incoming problems.

Those systems are called "BI systems"(business intelligence).

Systems of business intelligence aka (Also Known As) "business insight" are actually systems that help in the organizational processes of the decision making.

Those systems perform as a platform of decision making for all the ranks of the organizational management and for all the ranks of the execution.

The users of those systems receive by means of progressive and varies reports, adapted for all the organizational ranks, relevant information of analysis/operations, measurement of executions, different scenarios etc... '.

The basis for all these systems is a methodology which is called "Unitary Organizational truth" – one database that feeds from all the operational organizational systems (Erp, Crm, Legasy Systems).

Those databases contain thousands and sometimes millions of accumulative records every day, from all the operational organizational systems and from outside sources.

Good BI Systems provide sophisticated tools for extraction of the information, his concentration, and their presentation so that the managers and the workers will be able to make fast decisions, readiness and the knowledge is based on accurate available tested information.

One of the tools that systems of business intelligence are supposed to provide he is a tool of prediction, i.e. the ability to predict events that are based on analytical past, different trends in the branch in which the organization works either in the global economy and to offer ways to confront, react, or ways of prevention.

Why now?

If we return to the beginning of the article, after all we are situated in the world of business which is competitive and the way to success is hard and a lot of companies are situated in the stages of survival (big companies and SMB companies). Those companies situated in the processes of increased efficiency meaning enlargement of profitability, cutback of costs and minimization of risks. Proper use of the BI systems enables the companies the right intelligent management using the cumulative knowledge in the organization to the creation of the competitive advantage over the competitors. 

If so what happened in the world?  

The data was available, the prognoses was available, good BI systems provided the warnings. The problem was at the decision makers and there apprehension from the apocalyptic prognoses and not believing or preferring to ignore. If so, there is to notice an additional factor at the time a building an organizational BI system. Combining the management for all her ranks during the building of the systems and harnessing of organizations managements to the importance, the potential and the reliability that those systems provide to the organization.

The systems supplied in the market 

In the BI market many companies and products exists replying to those demands. Every organization must define to itself the organizational strategy, to try and predict where the organization is going to be in the next years to build right the organizational processes, to build "organizational unitary truth" – dependable tested database, to define the project as a project of the general manager and so to harness the management and all the workers to the project.
Only after the building an infrastructure of organizational culture in the organization one has  to approach the examination of the tools should be appropriate varied on needs of the organization at present and in the future within regarding on the ability of Scalability for the all organizational levels.

Summary

Almost Each and Every organization large one, universal or SMB organization, that wants to create himself a competitive advantage in the pressing world of business, must build himself a good BI system for all the levels of organization. Those BI Systems, by means of progressive tools of display such as dashboards, scorecards etc... And use of progressive communication technology will enable integration between the information systems in the organization, dependable, unitary information, tools of analysis

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