Business Intelligence

Business Intelligence is a well-known set of processes used to translate raw data collected by businesses into useful information that can be used to make informed business decisions. Business Intelligence provides you with a look into the behind the scenes of the business through the analysis, reporting, summarizing, mapping, and charting of data. FortySeven Software Professionals has deep expertise in implementing BI.

Why is BI Important?

 

Business Intelligence has become an essential part of the inner workings of businesses everywhere.
 
Its integral role has become something that most businesses need to flourish, and this is simply because of how in-depth it goes to provide accurate data analysis.
Business Intelligence functions include the setting of various benchmarks, improving the quality of decision making by providing graphical visualizations of important data, and analyzing current business trends and internal problems that require fixing.

Who Uses BI?

Business Intelligence is widely applicable and used by many different businesses, industries, and working individuals to analyze important data that can allow for improvements within the decision-making process.

The following individuals make use of BI:

The Company Head

The CEO or head of the company is the main user of the data provided by Business Intelligence. This is because he or she requires the data when making important decisions regarding the company’s current and future operational procedures.

IT Employees

IT employees make use of Business Intelligence as a means to maintain the business infrastructure of their place of employment. They may simply work as the BI software users, not the decision making authorities or the users of the BI results.

Business Analysts

Business analysts and employees at businesses also make use of BI data to help in understanding trends within their business and how such trends can be improved for increased profitability.

Our BI Service

The main BI service that is provided by FortySeven is Big Data Consulting Services. This service helps in the analysis and informed decision making that comes with data provided by Business Intelligence. Big Data Consulting will allow you to manage the huge amounts of data generated by your company and implement strategies that come out of the data in an efficient and highly effective manner.

Benefits of Using BI

Business Intelligence provides companies with many different advantages that can put them one step above their competitors. The benefits of using BI include:

Increases Productivity

BI helps figure out ways to increase the company's productivity using the best route possible. A supplementary advantage of using BI is that it does not consume too much time or resources and creates data reports within minutes so that it does not have to be done manually.

 

Improves Visibility

Business Intelligence lays everything out in front of the prime decision-makers and allows for the data to be visualized in the form of charts and graphs. This visualization also helps in seeing different trends within the business.

Applies Accountability

BI also identifies who is accountable for various decisions made and who is responsible for different parts of the data provided. This accountability can help pinpoint the cause of any mistakes, improvements, or chance errors made.

Provides the Bigger Picture

The information and data provided by BI give the company a view of the inner workings from afar, and this helps in changing perspectives of those in authority.

Streamlines

Business Intelligence makes the analytical process much more streamlined and uniform. It provides various models, including benchmarking, predictive analytics, etc. This streamlining helps in not wasting time and unneeded effort.

 

Ease in Analytics

The data generated through BI is both preventable and easily understandable by business-minded individuals. Thus, it is a highly convenient and comprehensible manner for understanding data.

 

Are You Looking For Business Intelligence Services?

Related Expertise

Big Data Consulting Services and Solutions

Data in itself isn’t a new invention. People are generating it everyday in huge amounts. Though Big Data is changing the way people used to live and run business. Big Data is what companies do with the data that matters. The amount of it is going to increase, while analytics technology will become more advanced.…

Learn More

Machine Learning

Machine learning is the science of getting computers to act without external programming. In the past decade, Machine Learning gave us self-driving cars, practical speech recognition, accurate web searches, and new discoveries of the human genome. You have probably used this ubiquitous technology in your daily life without even knowing it. FortySeven Software Professionals is…

Learn More

Artificial Intelligence

Artificial Intelligence (AI) software allows the computer to learn from daily experience, so it becomes capable of adjusting new inputs and perform human operations. FortySeven Software Professionals ensures that you have the best AI technology installed in your system to accomplish your business objectives. Home How AI Helps Businesses?   Artificial Intelligence (AI) software allows…

Learn More
View All Technology Expertise

Related Industries

Energetics

At FortySeven Software Professionals, our goal is to solve global energy related challenges. We help to improve approaches towards energy efficiency and renewable. To make the world a better place, we support energy conservation and energy efficient security measures worldwide. We are providing services to manage your energy spending. Home Solutions for Energy Industry Our…

Learn More

FinTech

Fin Tech / Fintech / Financial Technology is the latest and innovative technology that aims to deliver excellent financial services. Using smartphones for investing services, mobile banking, and cryptocurrency are some examples of how technology is making financial services more available. FortySeven Software Professionals has a deep expertise providing Fintech Services, including covering all the…

Learn More

Smart Contracts and Blockchain

Blockchain technology and Smart Contracts can efficiently improve numerous processes in your business and reduce the costs. The blockchain isn’t only the technology behind cryptocurrency, but it’s a very useful tool for other areas of business. This technology is the driving force behind a large range of global industries like finance, healthcare, government, real estate,…

Learn More
View All Industries

Related Solutions

ERP Software Development

FortySeven Software Professionals has a wide spectrum of ERP solutions implementations for global companies around the world: from small businesses to enterprise-level customers. We are an ERP software integrator and can offer various customization opportunities for your needs. Home Bring People and Process Together with Our ERP Software Development Services If you have a business,…

Learn More

Product Lifecycle Management

For manufacturing and engineering companies, PLM is one of the key drivers for your digital transformation. PLM is not only about managing costs and improving efficiency, it also provides the tools for innovation. FortySeven Software Professionals has the experience of over 12 years in developing PLM platforms. Our developers ensure that PLM be efficiently and…

Learn More

Supply Chain Management

Business owners know that Supply Chain Management affects product and service quality, delivery, costs, profitability, as well as customers experience. When applying effective services of Supply Chain Management, it minimizes costs and time in the production cycle. The key focus of providing SCM services by FortySeven is on minimizing system wide-cost. Home Optimize Your Business…

Learn More
View All Solutions

Reasons to choose FortySeven Software Professionals

Our development process is the natural evolution of a software process to support today’s changing business environment. We believe that every project should be dealt with a fresh approach. Our industry knowledge allows us to deliver solutions that solve business challenges in 40+ industries. Working closely with you, we define your needs and devise effective automation tool concepts, knowing how to implement these concepts and integrate them according to your specific needs.

Predictability
More than 12 years of successful global IT outsourcing and our customer’s business augmentation.
Business communication
We are compliant with ISO 9001:2015 on Quality management systems and ISO 27001:2013 on Information security management system.
Deep Technology Expertise
Our specialists have a vast business and technology expertise and can develop complex solutions.
Full IP Control
We transfer full control over Intellectual Property Rights to you each month.
Adaptability
We manage projects using software for tracking progress and time. This gives you full control throughout the development process, making progress and billing fully predictable.

Cooperation Models

We have defined each framework with one sincere belief that an engagement model is what that defines a successful collaboration between you and us. Nevertheless of chosen model, you will have the total control, transparency and flexibility over delivery and the budget during the whole development process.

Project Based

This approach doesn't give the flexibility to you, but it can be used by government or other companies, corporations, individuals if the requirements are clearly defined and all the specifications of the project are known in advance. The involvement of the customer is limited. During the development process, the requirements can’t be changed, any changes will lead to additional fees and make the price of the project not fixed anymore.

  • Most suitable for small-size projects.
  • Based under the Waterfall approach.
  • Strict rules on the specification changes.
  • Used for projects when all software requirements specifications are clear and predefined.
Learn more

Outstaffing Time and Materials

This model is based on the rapidly evolving business and technology world. You are able to make changes on the go and pay for the time the development team spends actually working on your product. We will provide you with pre discussed amount of software engineers and IT specialists required for realization of your project of any size. Each iteration is planned together with you before its implementation, that gives you total control over the deliverables and the budget.

  • Well-adapted to various kinds of projects from small MVP to complex software engineering solutions.
  • Full participation and control over the whole development process.
  • Flexibility on your side, you are able to make changes on the go.
  • Based on Agile approach, Scrum, Kanban or other methodology can be used.
  • Choose if the time-to-market is important for you.
Learn more

Dedicated Development Team

This cooperation model allows companies, corporations or individuals to augment their software development capacities. You get the access to human resources like software engineering specialists, devops, QA engineers, technical writers, designers, project managers etc. who will work on your project using your software tools and selected methodology. Our IT specialists can work in synergy with your existing IT department.

  • Full Intellectual Property Rights every month.
  • Highly educated employees.
  • Multi language software engineering and management teams.
  • ISO 9001:2015 on Quality management systems.
  • ISO 27001:2013 on Information security management system.
Learn more

Related Services

Web Application Development Services

We at FortySeven Software Professionals, have a very well-coordinated and dynamic delivery team who can perfectly harmonize the advanced, scalable solutions to make your business stand apart from the crowd. Starting from building the digital establishment for your business to incorporating the best engineering productivity tools and practices into your software platform – we do…

Learn More

DevOps Services

DevOps is a combination of cultural practices, philosophies, and tools that enhance an organization’s ability to provide high-speed applications and services. Our experienced IT specialists will help you to organize and build your software by simplifying IT and applying more automated processes. We offer DevOps Services as a part of software development process as well…

Learn More

Data Collection

Data collection has to be accurate, credible, and reliable. A single wrong move can lead to disastrous results for the energy market. To help you with data collection services for your energy business, FortySeven Software Professionals has introduced its Data Collection Expertise. Home Key AspectsOf Data Collection   Data collection comes as the first and…

Learn More
View All Services

Do You Need Business Intelligence Development Company?

Contact an expert