Today, using your smart client database, to gain a better understanding of your number one asset – your customers – can make or break your company's success. Most companies use a database to store information about their current customers, previous customers, business partners and potential customers.
The challenge lies in finding ways to take advantage of the useful information contained in this database to generate high volume smart business solutions. You can also look for best business solutions by clicking at: https://www.intelice.com/
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Business Intelligence (BI) refers to a process to enhance the company's competitive advantage with intelligent use of available data in decision making. Business intelligence consists of data sources, filter out unimportant information, analyzing data, assessing the situation, develop solutions, analyze the risks and then support the decisions made.
Data are incomplete and inaccurate always translate into the wrong management decisions. Duplicate data is also a problem because one can weigh up management decisions to one side.
One of the main reasons companies do not fully realize the potential competitive advantages they can gain from their own database is a lack of proper integration of datasets across departments. Despite all of the information that may be in the company, it may remain as elusive to the fragmentation of the data in the database are not compatible.
Regrouping all internal data to a single dataset or series of interconnected dataset can be the most useful measures of a company may take effort to provide a solid foundation of quality business intelligence can be developed.