Business Intelligence and performance management – critical data for decision-making
Professional Business Intelligence systems obtain information to improve operational, tactical and strategic decisions in line with corporate objectives. To this end, Business Intelligence draws on analytical concepts and IT systems. In a first step, we consolidate decision-related data, both a company's internal data as well as external data (e.g. from market data sources). The data are then structured and presented for business use. To obtain the desired information, we analyse the data in a systematic way by using reports, dashboards, and data mining. Companies can use the information to increase the profitability of their business workflows, customer and supplier relationships and to reduce cost, minimise risks and thus increase added value.