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Business Intelligence & Your Company

March 21, 2018

Act smart in business

Business Intelligence, BI is a concept that involves the delivery and integration of relevant and useful business information in an organisation. In the past it was usually, only the IT and analytics department that had access to company analytics and data. Now with a new steam of self service business intelligence software such as Microsoft Power BI, it is now easier than ever to put relevant business intelligence in the hands of the decision makers. Therefore making it easier for companies to adapt quickly to their changing environments and scenarios. Given the huge implications business intelligence can have for your company. Training your employees on a self-service business intelligence software like Microsoft Power BI is a no brainer.

 
Here are some of the main reasons for investing in a good BI strategy and system.
 

Gain Important Insights

One of the main advantages of investing in BI and skilled personnel is the fact that it will boost your ability to analyse the current consumer buying trends. Once you understand what your customers are buying, you can use this information to develop products that match the current consumption trends and consequently improve your profitability. Whether you are in the product or service industry this information is vital to your continued growth and success.

 

Increase Internal Visibility

If you don’t have transparency in your data, it’s much easier to make decisions based on outdated or incorrect information. With business intelligence software you can easily identify who your best performers are, which areas of your business need improvement, reduce inventory mistakes and so on. The best part is that these reports can be instantaneous. They are as current as your data source. No more waiting for reports to come to you, see the data that’s most important to you - in real time.

 

 

To Turn Data in Actionable Information

A BI system is an analytical tool that can give you the insight you need to make successful strategic plans for your company. This is because such a system would be able to identify key trends and patterns in your organisation’s data. Consequently make it easier for you to make important connections between different areas of your business that may otherwise seem unrelated. As such, a BI system can help you understand the implications of various organisational processes. Therefore, enhance your ability to identify suitable opportunities for your organisation, thus enabling you to plan for a successful future.

 

Where to next?

Our advice is to invest in a good self-service business intelligence software. At the moment, Microsoft Power BI is at the top of this game and even better is free to download. Next, you need to invest in training your personnel on this new software.  In the words of Henry Ford:

“The only thing worse than training your employees and having them leave is not training them and having them stay”

 

 

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great information, good coarse -Project Advanced Perth
Damian - Project Advanced, .
well worth doing very helpful -Project Advanced Perth
Marc - Project Advanced, .
Very clear instruction from Jenny and she was very helpful. A very enjoyable intro course to Excel and I learned many tips which will be extremely helpful at work. -Excel Beginner Perth
Dani - Excel Beginner, .
I loved the course! It was really helpful and Jenny was a great teacher :) -Excel Beginner Perth
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I really enjoyed this course! very useful :) -Excel Beginner Perth
Renee - Excel Beginner, .
Very informative session on introducing Power BI to people that have never used Power BI. Steven presented it in a very clear and concise manner, at a slow and gentle pace for the group to understand. Steve was able to address most of the questions that the team ask him, and for questions he do not know, he looks into and come back with answers. It shows his tenacity and dedication in educating the team. He regularly makes sure the team is on track before proceeding, making sure that people are not lost or confused. Thanks -Power BI Beginner Remote Online
Jack - Power BI Beginner, .
Good Session, Ken is very Knowledgeable and fast paced, but unable to assist anyone who falls behind. -Excel Intermediate Melbourne
Darren - Excel Intermediate, .
It was good course but I have problems with my technical so ,......I will do it again face to face. thanks Kevin -Excel Intermediate Melbourne
phuong - Excel Intermediate, .
The pace of the training was great - not too fast or slow. John is very polite and patient. -Power Point Level 1 & 2 Remote Online
Bunnary - Power Point Level 1 & 2, .
Terrific instructor and very nicely structured course -Power BI Beginner Remote Online
Henry - Power BI Beginner, .
Very helpful course. I learnt a lot of fundamental skills which will assist productivity in both PowerPoint and Office more broadly. -Power Point Level 1 & 2 Remote Online
Sean - Power Point Level 1 & 2, .
Very insight as a basic starting course, could be a little too quick if the class is not as savvy in similar software -Power BI Beginner Remote Online
Vincent - Power BI Beginner, .
informative course. Feel like i've got a good grasp of the basics. Looking forward to trying to build a few reports with our existing data. Bring on the intermediate course! Thanks. -Power BI Beginner Remote Online
Brendan - Power BI Beginner, .
Great training, very informative and the day was not boring at all! Very informative. My work will improve out of sight from this. -Excel Intermediate Melbourne
Emily - Excel Intermediate, .
Great course -Power BI Beginner Remote Online
Nathan - Power BI Beginner, .
Very informative and interesting, really enjoyed the class. Really worth the investment. Thank you Jason -Analysis & Dashboards Brisbane
Cheryl - Analysis & Dashboards, .
I think this was a good training. it was a little slow at times but this is probably because I knew more about powerpoint than I thought I did. I think it would be beneficial for me to do a more advanced training. I did pick up some good tips though. -Power Point Level 1 & 2 Remote Online
Laura - Power Point Level 1 & 2, .
Learnt some helpful tricks and tips to make processes more efficient/faster for me, as well as just general navigating/understanding different parts of Powerpoint we can use. -Power Point Level 1 & 2 Remote Online
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Learnt quite a few new things which will assist in my day to day work Informative and helpful -Analysis & Dashboards Brisbane
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Ken was wonderful at explaining everything -Excel Intermediate Melbourne
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