When I say funds, I mean investment funds on the whole. These are also referred to as mutual funds, but there are additionally hedge funds that are aimed at subtle investors.
Now suppose your ERP is growing and your management can see the current scenario of the challenge. They don’t have any time to see all the documents. They want to view the current status of the challenge from the highest. This can be dashboard, BI offers this. So administration can understand whether or not the product is creating price effective approach or not. BI can suggest corrective action in opposition to the info.
BI is used for reporting, online analytical processing, information mining, process mining, complex event processing, business efficiency management, benchmarking, text mining and productive analysisBy utilizing BI, administration can monitor goals from high degree , perceive what is happening, why is occurring and can take essential steps …
Although an more and more fashionable and accepted expertise for improving enterprise performance, BI – like some other system – should be carefully thought-about before deciding to implement it. Benefits must be clear and understood and so they should justify the investments.