Business intelligence will empower users by giving them access to easily analyze and visualize essential financial and statistical data from the company’s different transactional databases.
The internet is making business intelligence applications even more powerful for several reasons:
- Data sources such as exchange rates, competitive or industry measures, and so on can be accessed online and use by the business intelligence applications.
- Convenience – the business intelligence application itself can be web-based, allowing users to access the system from home, while traveling or from remote offices.
- Speed data of distribution or information is available immediately from anywhere.
- Speed data collection – budgets, statistics, comments and the like can be entered from anywhere.
- There is no need for software installation and maintenance on users’ computers.
Most business intelligence vendors now have a web version of their software, and as long as you have the infrastructure in place, you should seriously evaluate making your business intelligence information available through a web based application.
Business Intelligence: Impact on the Internet
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