Business Intelligence Benefits – the use of BI can lead to a number of beneficial outcomes for organisations, some of these could be sumarised as:
- Providing insights and knowledge into large and complex data sets
- Ability for improved Management Information and decision intelligence making
- Allows the organisation to interrogate data that was previously too granular or large
- Enables the organisation to make improvements to data quality as a result of the improved visibility of the data sets
- Business Intelligence Benefits can be tangible and financial such as improved sales revenue, reduced operating costs all deriving from better information#
Business Intelligence Benefits
- Business Intelligence can also in a wider sense reduce Total Cost of Ownership of IT systems by aggregating data in a data warehouse that might otherwise have been stored in a non aggregated (and larger data size)
- Business Intelligence Benefits can derive from the techniques required to manage and control