Business intelligence (BI) is not a new concept. What’s new is that BI tools are now accessible for midsize companies. Managers can use BI to analyze complex information to support their decision-making processes, combining data from a variety of sources to get an integrated, 360-degree view of the company. Find out how to select the right BI software, the right vendor, and the right approach to implementing BI.
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on their business issues, not technical software details. For users that need to know where data was sourced from and the underlying formulas (for example, how gross profit and net profit are computed), data lineage details should be readily available. What to Look for in a BI Vendor Examine the Provider Behind the Package When selecting a business intelligence vendor, it''s important to consider many factors '' including experience, reputation, and stability '' as well as the vendor''s professional services