Posted By
Christopher Dabhi
on
16. August 2012 04:12
BUSINESS BENEFITS OF BI
Microsoft has brought to selves some superb Business Intelligence features in SharePoint 2010. A few of them are the newly added, whereas others are the updated ones. However, through this article, we will get to know about those four most crucial feats that have been built-in SharePoint to improve productivity such as:
- Excel Services
- PowerPivot
- PerformancePoint
- Visio Services
BUSINESS BENEFITS OF SHAREPOINT BUSINESS INTELLIGENCE
- BI solution enables people to make better-informed decisions by presenting business-critical information in one central location.
- Business actionable reports: Business Intelligence combines, collates different sources of data and present users with business actionable reports. Reports are accompanied by visualizations that summarize the underlying data for easy analysis and trend identification.
- Fast Business Decisions:A BI solution collates and analyses vast stores of operational and transactional data, organizing that information into understandable, consumable and actionable reports. It provides up-to-date efficient analytical information in order to take orderly fast business decision. Data accessibility is fast, improved and efficient.
- Achieve Business goals & targets: Delivering BI to specific departments requires a careful analysis of which Key Performance Indicators (KPIs) are the most critical to particular job functions. Establishing a KPI hierarchy, and tracking progression towards the resultant objectives, will help ensure that everyone is pulling in the same/right direction. Status Indicators – Let’s quickly glance at an indicator and see if there are areas that need attention, than drill into it.
- Business with competitive benchmarking: Not only can BI analyze performance and track progression towards company goals, the same metrics can be applied to competitors for comparative analysis.
- Help conduct effective SWOT analysis: Assess company strengths, weaknesses, opportunities and threats by analyzing operational, environmental and competitor data.
- Business Search: BI performs search against the data and presents results based on dimensions and link directly to specific view of the report. Excel Services and Reporting Services reports are now indexed by the search engine. Search results from deep within charts and reports are included.
- Data Driven Business Dashboard: SharePoint’s new PerformancePoint features bring Business Intelligence to the average business user. This tool allows to rapidly creating data-driven dashboards. Business entrepreneur can navigate through the data and perform analysis – right from the web browser. For example, if user is responsible for sales and marketing at a manufacturing company, user might access a PerformancePoint dashboard showing sales by region. User can also drill into deeper regions and analyze data more deeply.PerformancePoint allows you to aggregate information from many locations, tie them together, and set up situations where you can quickly understand a summary of what is going on.
Call us at 484-892-5713 or Contact Us today to know more benefits of using SharePoint Business Intelligence in business.
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