Business intelligence (BI) is a set of techniques and tools for the acquisition and transformation of raw data into meaningful and useful information for business analysis. By moving information assets to a central warehouse, organizations can harness it, model it, and extract a wealth of information. These real-time reporting capabilities provide vital business insights that facilitate agile, quality decisions. By viewing sales KPIs, for instance, HR now knows when it should hire more workers.
Gartner’s 2017 CIO Agenda Report revealed that BI/analytics will be the No. 1 technology investment organizations will make in 2017. These organizations are looking to take advantage of software that will give them better insight into how their companies are performing through customizable reports and dashboards and incorporate predictive analytics which spots trends that otherwise might remain buried in data.
BI Drives Fleet Management
A truly agile enterprise empowers its employees to make better and faster decisions through the implementation of business process automation (BPA), which frees up valuable resources while enabling organizations to provide better service to their customers. A component of BPA, BI initiatives arm knowledge workers with vital business insight that keeps them one step ahead of the competition.
An example of an organization that AllianceTek helped to dramatically improve its productivity levels by executing a successful internal BI initiative is a fuel management and consulting organization that provides fleet management solutions to clients ranging from small, private trucking companies to Fortune 500 companies. Tasked with surveying the fuel market, negotiating diesel fuel prices, analyzing fuel practices, and developing economical fuel strategies, the company had been spending much of its time and resources finding, collecting, calculating, and analyzing data from multiple third-party sources.
AllianceTek recommended a customized BI intranet system based on .NET technologies with MVC architecture, AJAX, and SQL Server 2008 installed on a highly configured web server, with XML used for unifying data – all of which provide precise data-mining capabilities that improve overall decision-making by having current information immediately accessible.
The BI system seamlessly integrated with current business operations. Manual processes are no longer required because the intranet automatically imports client data, such as fuel prices and fuel card transactions. Historical pricing and fuel usage data are stored on the platform for future data mining. Utilizing this information, the system generates analysis reports on the fly that compare current and previous fuel savings. The successful implementation of the BI intranet has freed up resources and enabled the company to provide better service to its clients.
About AllianceTek
The smartest course of action when implementing a BI solution is to create a plan in partnership with a team that understands the latest technology trends and how to leverage them. AllianceTek is adept in using multiple BI technologies. If speed and cost are the top criteria, AllianceTek helps organizations implement a customized SharePoint solution. Otherwise, .NET or a mixture of technologies may be just the match for unique business requirements.
Call 484-892-5713 or Contact Us today to learn more about, how Business Intelligence powers up your business productivity.
