Business Intelligence tools enable a company to explore data from different areas and sources, run effective analysis, build interactive dashboards and create impactful reports.
Business Intelligence becomes so important because companies use two different types of data: Big and Small Data.
BOARD is the business intelligence application that makes the complex reposting tasks easier for both the accounting and operational areas. BOARD allows extracting, transforming and loading data from different sources of information (different databases). It also helps the management to translate corporate strategies into operational plans, with key results for improving business performance.
Therefore, Business Intelligence Activity consists of collecting, cleaning, processing with data analysis techniques and extracting them. Tools of BI allow companies to analyze the data deriving from their business processes, transforming them into meaningful insights and making more rational decisions that optimize the profitability.
The data structure can be imagined as a pyramid, where at each level you get more and more precise data until you reach the apex with an extreme synthesis.
It can be used by people without technical knowledge
It is very fast
It is easy to use
It interacts with multiple formats