Why do enterprises need business intelligence BI in the digital age

With the development of digital-related technologies and applications, the digital development of society as a whole has entered an accelerated stage, and all walks of life have begun to have digital presenceIn this case, data has become an important asset of more and more enterprises, so how to process data and convert data from assets into actual value has become an important issue for current enterprises.

In addition, with the popularization of enterprise informatization construction, enterprises in various fields have begun to install business for sales, finance, human resources, marketing and other departmentsInformation system, realize business informatization, improve business efficiency and reduce costs.However, the business information system is the primary stage of informatization construction after all. Not only is the user limited, but the problems caused are also urgently needed by enterprises. At this time, business intelligence BI fills this gap.

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I saw a discussion on the Internet about why enterprises need business intelligence BI. In fact, business intelligence BI has many functional modules, which can help enterprises solve various problems.However, the main reason why many enterprises choose business intelligence BI is that the management needs business intelligence BI, and because the business information system cannot solve the following problems: data silos, low efficiency, poor timeliness, untracked decision execution, and one look to the end.

First, data silos.The problem of isolated data islands is a common problem in the early stage of enterprise informatization construction, that is, in the stage of business informatization.It is impossible for the management to open and log in to every business system to see data, they are not users of the business system.Business systems are naturally independent of each other, and data is also independent, resulting in data silos.

Second, inefficient.In the process of daily office work, many users export data from the business system to EXCEL because they often need to process data.EXCEL is flying all over the sky, with low efficiency, error-prone, heavy data maintenance workload, undefended data and information security, and consumes a lot of manpower and time.

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Third, the timeliness is poor. I can’t give it when I want to see the data. When I don’t want to see the data, there are a lot of reports. When the monthly decision management will be opened depends on when the report data of each business line and department is available.sum up.The data comes out, and there is not enough time left to think and make decisions. The boss is very angry, but he can only be sullen because a bunch of people tell him that this problem is difficult, but they don’t know what the difficulty is?

Fourth, decision execution cannot be tracked.Many decisions are the balance and compromise of resources inside and outside the company. It is difficult to make decisions, and it is even more difficult to track the effects after making decisions.Because the execution process is scattered to various business systems, but when verifying, it is necessary to break the data silos and focus on it, and it needs to be viewed from multiple angles.

Fifth, look to the end.Most enterprise management has a natural desire to have a thorough look at the business of each organization and business line of the enterprise.I can leave it alone, but I can quickly understand when I want to know. I hope that the information channels of each business line will be smooth from top to bottom, and a new information carrier is needed to solve these problems.

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You see, the points mentioned above are exactly what business intelligence BI can solve. It is very convenient to break data silos, and EXCEL will not be flying all over the sky.Save time and effort, data security is guaranteed, sufficient time is reserved for management to think first and then make decisions, the effect of decision-making can be tracked and verifiable, and enterprises can be assured at the end of the day.

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