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An Effective Method For Integrating Enterprise Applications

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Abstract
Today there is a new data management challenge that is an effective method for integrating enterprise applications. To learn from history and predict the future, plenty of companies are using Business Intelligence (BI) systems. Corporations have understood the significance of intensifying achievements of the objectives defined by their business strategies through business intelligence ideas.

Business Intelligence is gaining popularity in many organizations and companies. Business Intelligence solutions are developed to help the organizations understand their customers, activities and performance. BI solutions act as measurements units for a business or an organization. Deficient intelligence leads to weak decision making. BI has …show more content…

BI provides the ability for an organization to take all its processes and capabilities and then convert these into knowledge, ultimately getting proper information for the right people, at the justified time, through the correct channel.

The term implies having an exhaustive knowledge of all of the factors exert influence on the business. It is obligatory that firms have an in depth knowledge about factors such as customers, rivals, business associates, economic micro and macro environments, and interior operations to make effective and good quality business decisions. Business intelligence allows organizations to make these kinds of decisions. Thus, Business intelligence aims to support better business decision-making.
Business intelligence is a collection of theories, procedures, and arrangements that turn raw data into meaningful and applicable information for business objectives. Business Intelligence can handle vast amounts of unstructured, semi-structured as well as structured data to help recognize, develop and generate new opportunities. In a simple phrase, business intelligence makes interpreting voluminous data amiable. Exploiting new opportunities and carrying out effective strategies can provide a competitive market advantage and long-term stability.
BI technologies provide previous, current and forecasting views of business functions. Common

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