How Business Intelligence is driving Digital Transformation

1. How Business Intelligence is driving Digital Transformation

2. Digital Transformation and the BI Evolution Business Intelligence is the most reliable tool that combines technology, processes, and people to enable an organization. It speeds up the ability of organizations to capture, transform and analyze the relevant data points to make faster, better-informed decisions. Today, Business Intelligence has evolved into a smarter version. There has been a rapid pace of advancement in BI in areas like the big data, cloud, Internet of Things (IoT), artificial intelligence (AI), machine learning and in-memory computing. website: www.evontex.com email: helpdesk@evontex.com

3. Digital Transformation and the BI Evolution Modern BI tools embolden data transformation. Companies can analyze and interpret historical, current, and predictive data for actionable insight to drive better strategic and operational decisions in lesser time across all levels in an organization. Modern BI solutions are driving digital transformation in organizations with the smart integration of technology. However, the primary emphasis of BI solutions is on people and decision-making and not technology. website: www.evontex.com email: helpdesk@evontex.com

4. The BI value proposition in Digital Transformation Business Intelligence gives an organization the competitive edge in the digital economy. Modern BI tools connect diverse data sets to capture the current reality of the business in real time. BI integrates multidimensional views of data, thus, forming the perfect Anthony Triangle or Decision triangle: Available, Accessible and Trusted. website: www.evontex.com email: helpdesk@evontex.com

5. The BI value proposition in Digital Transformation In a generalized business context, there are three basic needs for data and the deciphered actionable insights. (i) Strategy (ii) Execution (iii) Measurement For the execution to achieve the desired results, neither the strategy or measurement can afford to be one-dimensional. Business Intelligence fits in perfectly filling this need gap. website: www.evontex.com email: helpdesk@evontex.com

6. The BI value proposition in Digital Transformation Companies need relevant data across strategy, execution, and measurement creating the need for a universal formula for designing and implementing BI solutions. The method has two components: (i) Strategy which aligns with the company’s vision & resources (ii) Technology: which aids in the effective execution of the strategy and measurement of the results. website: www.evontex.com email: helpdesk@evontex.com

7. The BI value proposition in Digital Transformation BI provides real-time structured data such as sales & finance as well as unstructured data like customer experience which can never be measured accurately by traditional technology tools. Modern BI adopts a holistic approach, empowering business leaders to take on complex challenges that come with new business models of a digital organization. website: www.evontex.com email: helpdesk@evontex.com

8. Conclusion Digital transformation fueled by Business Intelligence (BI) solutions presents the limitless scope and tremendous opportunity to drive growth and profitability. With the right BI solution, organizations of all sizes and industries are empowered to equally leverage their vast data assets and stretch their decision-making capabilities to its optimal capacity. website: www.evontex.com email: helpdesk@evontex.com

9. Conclusion When done right, Business Intelligence is very effective. A good Business Intelligence strategy is agile, adaptive and affordable. We take an incisive look at how Business Intelligence can be effectively used to enable and grow your business. website: www.evontex.com email: helpdesk@evontex.com