Businesses are increasingly becoming dependent on accurate information and timely to remain competitive in their core business. Selection of business intelligence solutions requires real-time analysis of your needs so that you get the most suitable for your business.
Business Intelligence Solution Capabilities:
1. Define Real-Time: The definition of real-time will depend largely on the information needs of your organization. Some organizations, like banks, require responses within a few milliseconds. In others operating under a different set of conditions, responses in minutes may be acceptable. You can also get best business intelligence solutions by clicking at: https://taqadam.io/
Image Source: Google
Businesses must differentiate between information that is required in real-time from that which is acceptable in a later timeframe.
2. Sourcing Data: Various options are available, depending on your requirement of accessing information:
Real-time integration tools: Real-time integration tools come with a real-time data replication engine that is separate from the batch integration engine. The data replication engine does its work by leveraging the database logs. The cost of such a system is correspondingly higher. Database triggers are an alternative to real-time systems.
Display: Graphic visuals are the preferred as they provide an overall view of the business or the desired function. Analytic dashboards are now essential and d supplement numeric and statistical information.
Information Delivery: In addition to providing the right information at the right time, it is equally of consequence that this information is delivered at the right place where it is conveniently accessible.
Gadgets and technologies: Gadgets and technologies in the market make this eminently feasible and dashboard reports or exception alerts can easily be routed to PDAs or other web-enabled devices.