Business intelligence is the key component in the drive to be agile, competitive and effective. As businesses grow, it becomes very difficult to manage data being generated regularly. This in turn creates a road-block for data-driven enterprises who wish to harness their data for driving business decision making. Also, the soloing effect and biased reporting structures across enterprises create a situation, where key decision makers are forced to take decisions based on partially correct data.
This is why business intelligent systems are being embraced to a great extent. Putting an analytical system in place to effectively analyse data helps an enterprise discover useful information, suggest conclusion and support enhanced decision making.