Over the years, Business Intelligence (BI) has gained popularity as a single phenomenon that solves all analysis woes of the business. Business Intelligence applications are not just capable of doing one thing, it breaks down technology into multiple capability areas that benefit the overall operations and performance of an organization. BI tools play an important role in large organizations by helping executives to streamline their business strategy and report the overall progress achieved based on the stated objectives. BI also eliminates the struggle to transfer data collected in one system into another Over the years, Business Intelligence (BI) has gained popularity as a single phenomenon that solves all analysis woes of the business. Business Intelligence applications are not just capable of doing one thing, it breaks down technology into multiple capability areas that benefit the overall operations and performance of an organization. BI tools play an important role in large organizations by helping executives to streamline their business strategy and report the overall progress achieved based on the stated objectives. BI also eliminates the struggle to transfer data collected in one system into another for reporting. BI tools have the ability to collaborate across platforms which enable easy data sharing from one place to another. With improved collaboration and productivity, BI tools influences people’s lives positively and make work more enjoyable while also driving business towards profitability.
<h5>Success of the BI team is based on:</h5>
<ul>
<li>Establish structure to accomplish BI project objectives</li>
<li>Pair business users with technical resources to increase group effectiveness</li>
<li>Rely on the support team of the application provider</li>
<li>Business users with the IT team should identify what makes data accurate and acceptable</li>
<li>Collate correct data for better decision making</li>
</ul>
