Business Intelligence Applications
Business Intelligence is a broad term that encapsulates the process of gathering information pertaining to a business and the market it functions in. This information when collated and analysed in the right manner, can provide vital insights into the business and can be a tool to improve efficiency, reduce costs, reduce time lags and bring many positive changes.
A BI Application enables businesses to use information to quickly and constantly respond to changes. The ability to structure, locate, access and translate your data into functional information is high-impact leverage for your organizational ROI on information gathering.
Business Performance Management (BPM) (or corporate performance management, Enterprise Performance Management, Operational Performance Management) is a set of processes that help organizations optimize their business performance. It is a framework for organizing, automating and analysing business methodologies, metrics, processes and systems that drive business performance.
BPM is seen as the next generation of business intelligence (BI). We can help you identify your performance management issues by offering our BPM services. As today most of the enterprises, various business processes like, ERP (enterprise resource planning), CRM (customer relationship management), HRMS (human resource management system), etc., are automated for quick data access and productivity across the organisation.
Business intelligence applications include any application or technology for gathering, providing access to, and analysing data for the purpose of helping key decision makers to make better business decisions.
Typically, they maintain records in a database at the lowest level with all details of the transaction. They are used for data entry and operational reporting.
The BI solution offered by Bitscape can help you know the unique or custom information you require. This includes answers to critical questions like goal alignment, cost and risk analysis, customer and stakeholder analysis, metrics, measurement methods, results and baseline issues. It could include anything as per your needs, but vital information in the following popular areas can be obtained:
- Competitive position of your organization.
- Buying patterns of your customers with the help of graphic charts, maps and reports.
- Segregate prospective customers from a large population.
- Compute and market segments and translate it into meaningful charts.
- Generate a mailing list of customers based on demographic, geographic and economic status.
Email us for any kind of query related to Business Performance Management and Business intelligence Applications.