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Business Intelligence, a Plea for Competitiveness

Posted: Tue Jan 21, 2025 10:02 am
by najmulislam77
In the face of the current intensification of competition, companies need to know the data of their organization and the market in order to develop differentiation strategies.

Those who know how to manage information appropriately will have the advantage of staying ahead of their competitors.

Business Intelligence technology not only allows you to have this information, but also offers your organization an agile and powerful response for its decision-making.

On the topic of competitiveness, the limits of traditional BI
Thanks to current technological developments, companies have jordan phone number lead constant access to increasingly large amounts of data from their business (with all its lines) and from external sources.

However, they are faced with an endless amount of information that is impossible to analyze if they have traditional business intelligence (BI) based on:

Business lines divided;
Rigid forms of communication delivery;
Cost reduction, especially in long-term IT initiatives.
A traditional business strategy is no longer enough to improve competitiveness. A paradigm shift is needed.

The QlikView Revolution, a BI Paradigm Shift
Unlike a legacy system, QlikView in-memory associative technology can be deployed in days and your users trained in minutes.

The paradigm shift in Business Intelligence allows organizations to:

Perform powerful data mining;
Acquire flexibility and analytical capacity of data, which transforms it into essential information to facilitate decision-making.
Gain visibility and analytics capabilities quickly and cost-effectively.
There are so many advantages that they can help consolidate competitiveness in a sustainable way.

Those who adopt BI will be able to stay ahead of their competitors with greater agility.

How to Stand Out in a Competitive Market?
Today, organizations are faced with a changing market offering all kinds of products. Customers are more segmented. Companies are forced to compete on price.

To survive this landscape, companies must be competitive.

This implies having the ability to increase its capacity to generate value, in a sustainable way and with an acceptable level of risk.

Implementing a Business Intelligence strategy is essential to achieve these objectives and optimize profitability.

Through this discipline, organizations exploit and analyze raw data, transform it into information, and extract intelligence to achieve effective decision-making.

The indicators established thanks to QlikView BI allow executives to gain unprecedented insight into their business, as well as helping them design, define or reorient their strategies to boost their growth…
BI thus naturally positions itself at the heart of the organization.