A good BI solution can improve/manage any business to increase the revenue and cut the unnecessary cost. With the help a good BI solution, Management/Business Analyst can see the business impacting stats with drill down details and Root cause (Positive & Negative) in a short time and take the immediate appropriate decision to improve the benefits and stop the losses.
Most of the top domain companies use the BI solution to improve/manage their business. BI Solution is actively used in Retails, Telecom, Finance & Insurance, Transport & Logistics, Stock Exchanges, KPO/BPO.
Machine Learning can play a best role with any BI solution just like butter on the bread that can be used for data forecasting, predictive analytics, Recommendation system.
A good BI solution can have the following features.
- Dashboard
- Trending
- Drill Down Analysis
- Reporting & Report Builder (Ad hoc Reporting)
- Alert & Notification
- What if Analysis
- Recommendation Analytics
- Predictive Analytics
- Real time data Analytics
- Customer Analytics
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