{"id":2987,"date":"2022-11-03T08:00:08","date_gmt":"2022-11-03T11:00:08","guid":{"rendered":"https:\/\/cadmus.com.br\/what-does-an-ideal-bi-tool-need\/"},"modified":"2023-02-02T11:23:10","modified_gmt":"2023-02-02T14:23:10","slug":"tool-ideal-bi","status":"publish","type":"post","link":"https:\/\/cadmus.com.br\/en\/blog\/tool-ideal-bi\/","title":{"rendered":"What does an ideal BI tool need?"},"content":{"rendered":"

O Business Intelligence (BI), ou Intelig\u00eancia de Mercado em tradu\u00e7\u00e3o literal, \u00e9 uma ferramenta que transforma dados em vis\u00f5es acion\u00e1veis \u200b\u200bque podem definir as decis\u00f5es de neg\u00f3cios de uma organiza\u00e7\u00e3o.<\/span> <\/span><\/p>\n

In practice, the company takes a comprehensive view <\/span>of data from across the organization<\/span><\/a>using them to generate positive change, eliminating inefficiency, and adapting quickly to market changes.<\/span> <\/span><\/p>\n

In this post, you will learn what a BI tool is, how it can help your company, and what key features this solution needs to have.<\/span> <\/span><\/p>\n

What is a BI tool?<\/span><\/b> <\/span><\/h2>\n

Traditional Business Intelligence (with initial capital letters) originally appeared in the 1960s as a system for sharing information within organizations.<\/span> <\/span><\/p>\n

It developed in the 1980s with computer models to aid decision making and turn data into information, before becoming a specific feature offered by BI teams with service solutions dependent on Information Technology.<\/span> <\/span><\/p>\n

Modern BI solutions prioritize flexible self-service analysis, data governed on reliable platforms, business user autonomy, and rapid access to information.<\/span> <\/span><\/p>\n

How does it work?<\/span><\/b> <\/span><\/h2>\n

BI tools access and analyze data sets and present analytical results in reports, summaries, dashboards, charts, tables and maps, to <\/span>provide users with<\/span><\/a> detailed information on the state of affairs.<\/span> <\/span><\/p>\n

The term Business Intelligence often also refers to a variety of tools that provide quick and easy access to answers about the current state of an organization, based on available data.<\/span> <\/span><\/p>\n

The Business Intelligence Tools<\/span><\/a> are software that collects and processes large amounts of unstructured data from internal and external systems, including documents, images, files, and e-mails, for example.<\/span> <\/span><\/p>\n

In this sense, they can perform functions such as data analysis and visualization, performance management, report extraction, text analysis, and others.<\/span> <\/span><\/p>\n

Thus, the results give employees and managers the power to speed up and improve decision-making, increase operational efficiency, identify new revenue potentials and market trends, report on KPIs, and find new business opportunities.<\/span> <\/span><\/p>\n

How can the tool help the company?<\/span><\/b> <\/span><\/h2>\n

A good business intelligence tool can help companies make better decisions according to current and historical data, providing business-related insights. Analysts can use BI to provide performance and competitive data.<\/span> <\/span><\/p>\n

Furthermore, it is possible, from the BI tool, to identify market trends more easily, facilitating strategies for increasing profits or sales.<\/span> <\/span><\/p>\n

When used properly, data can contribute to many areas, from compliance to staffing. Check out how Business Intelligence can help companies make better decisions from data:<\/span> <\/span><\/p>\n