Emerge Blog

Emerge has been serving the Midwest region since 2004, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Tech Terminology: Business Intelligence

Tech Terminology: Business Intelligence

If you know more about your organization and its customers, you’ll be able to make better decisions about the future of your business. Thanks to an increased focus on business intelligence, even small and medium-sized businesses can take advantage of these analytical tools to improve operations and customer relations. What is business intelligence? How does it work, and why does your business need it?

Defining Business Intelligence
Business intelligence is an approach to organizational management utilizing software solutions and other services to convert your data into actionable intelligence. Some have even compared business intelligence to descriptive analytics. Basically, it allows your business to see what has worked in the past, as well as what could happen in the future and where your business is currently standing. This is often confused with business analytics, but the aim of BI is a bit different. Instead of guessing what is going to happen, it looks at what has already happened to help you make better decisions in the future.

How Can You Get Started with It?
If you’re like most businesses, chances are that information is stored across your organization in multiple databases. You’ll have to get them in order if you want to take advantage of solutions that depend on it. In most cases, this includes rounding up your data and placing it in one location for easy access. You can then link together tables to create a data cube. Data warehouses can also use dynamic links to databases to make changes to data and change the way that it’s represented at a glance. Some databases can’t do this so, they rely on importing databases in other ways.

How Does It Work?
Now that your data warehouse is set up, you can start analyzing the data with multilayer queries. Since all of your databases are now connected, you can easily enter in search queries for any information needed. For example, you can search your inventory, as well as create a list of what’s most popular from your business. It can then cross-reference these two lists to determine how much products sell, and when.

Reports Are Important
Every time you run a query, you will wind up running a report as well. Basically, the report ensures that you actually have information to utilize. Reports are helpful because they help you make educated decisions about where and where not to place products. The interesting idea that BI introduces is that older methods of doing business may not necessarily be viable any longer. While the upfront costs of creating a data warehouse may be considerable, BI can provide such a huge return on investment that the expenses accrued aren’t as damaging.

Emerge can help your business implement business intelligence technology. To learn more, reach out to us at 859-746-1030.



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Wednesday, 17 October 2018
If you'd like to register, please fill in the username, password and name fields.

Mobile? Grab this Article!

Qr Code

Tag Cloud

Security Tip of the Week Technology Best Practices Cloud Privacy Hackers Malware Business Business Computing Productivity Email Computer Backup Internet Microsoft Network Security Hosted Solutions IT Services Windows 10 User Tips Mobile Devices Google Software Efficiency Smartphone Ransomware Managed Service Provider Workplace Tips Android Hardware Communication Tech Term Managed IT Services Business Continuity Small Business Social Media Data Management Data Innovation Facebook App Smartphones Browser Disaster Recovery Server Cloud Computing Windows IT Support Data Recovery Business Management Gmail Microsoft Office Big Data Productivity Upgrade Miscellaneous Office Network IT Support Saving Money Internet of Things Office 365 Cybersecurity Encryption Apps Passwords Spam Data Backup IT Management Holiday Managed IT Services Artificial Intelligence Phishing Employer-Employee Relationship Save Money Analytics WiFi Chrome Word Recovery Remote Monitoring Money Content Filtering Robot Password Hosted Solution BYOD Office Tips Mobile Device Management communications Alert Windows 10 Tip of the week Avoiding Downtime Infrastructure Data storage Customer Service Risk Management Hacker Firewall Apple Website Bandwidth Business Technology Applications Government How To Work/Life Balance VoIP Paperless Office Outsourced IT Vendor Management Data Security Two-factor Authentication Automation Business Intelligence Computing Vulnerability Physical Security Settings YouTube Budget IT service Unified Threat Management Social Hacking VPN Document Management Education Antivirus Safety Virtual Reality Wireless Virtualization Maintenance SaaS Cybercrime The Internet of Things Wi-Fi Best Practice Going Green Collaboration Chromebook Cost Management Operating System Touchscreen Customer Relationship Management Monitors Troubleshooting Heating/Cooling Printing Specifications File Sharing Data loss Google Drive Business Growth Bring Your Own Device Politics Identity Theft Computers Users Augmented Reality Digital Business Owner Downtime Websites Tech Support Virtual Private Network Twitter Co-managed IT Botnet Search Laptop Presentation Outlook IT Consultant Printer Server Management Samsung Wireless Technology Taxes Storage IT solutions Mobile Device Health Lithium-ion battery Marketing Cortana Information Tablet User Running Cable Mouse HIPAA Sports Computer Care LiFi BDR Knowledge Training End of Support Competition Mobile Computing Remote Computing Humor Mobile Security Administration Automobile Legal Buisness eWaste Analyitcs Telephone Systems Upgrades Virtual Desktop Update Scam Network Management IBM Display Smart Office Language Shortcut 5G 3D Printing WannaCry Web Server FinTech Chatbots Networking Comparison Distributed Denial of Service Gadget Tracking PowerPoint Connectivity Solid State Drive Unsupported Software Work Computing Infrastructure Gadgets Unified Communications Patch Management Emoji Cameras MSP Identity Black Friday Managed IT Service Onboarding IoT Mobile Data Optimization Alerts Travel Cabling Black Market Undo CCTV Development Google Docs Techology Star Wars Alt Codes Break Fix Supercomputer Digital Signage Writing Recycling Information Technology Licensing Motion Sickness Fun Spyware Charging Social Networking Unified Threat Management Assessment Typing Dark Web Servers IT Budget Desktop Retail Personal Information Continuity Google Wallet Cooperation Mail Merge Disaster CrashOverride Processors G Suite Analysis Motherboard Internet Exlporer Cryptocurrency Microsoft Excel Machine Learning Digital Payment LED Social Engineering Computer Repair iPhone Solar Drones Staff Address Uninterrupted Power Supply Access Control Halloween How To Managed Service Router Value Bitcoin Blockchain Statistics Relocation IP Address Content Hard Disk Drive Company Culture Wearable Technology SharePoint Scary Stories Firefox Notifications Cleaning Dark Data Modem Consumers Professional Services Windows 8 Permissions Bluetooth Private Cloud Mobile Office Streaming Compliance Electronic Medical Records Application Meetings Managing Stress Downloads Crowdsourcing Domains Slack Cookies USB Hacks Fraud Error Regulations Hard Drives Webcam Cables Backups Documents Lenovo Multi-Factor Security Quick Tips Public Speaking Monitoring Entrepreneur Nanotechnology Dongle Google Maps Refrigeration Point of Sale Wires PDF IT Technicians Superfish Experience Google Calendar Cyber Monday Time Management Staffing Spying Network Congestion Screen Reader Deep Learning Service Level Agreement Current Events Hotspot Managed IT Administrator Corporate Profile Voice over Internet Protocol Mirgation Legislation Smart Technology User Error Law Enforcement GPS Employee-Employer Relationship Environment Smart Tech Phone System

Upcoming Events

No events