Meet the Team: Rachmann Joubert
Today, we’re shining the spotlight on Rachmann Joubert, a Sage Support Specialist who has brought his wealth of software development experience to the role to help build solutions for our clients.
Business Intelligence refers to how a company/organisation can use its historical data to improving strategic decision-making and thereby provide a (hopefully sustainable) competitive advantage.
In day-to-day operations, businesses and organisations generate, receive, gather, and store large amounts of (sometimes complex) structured and unstructured data from internal systems and external sources. The more complex data is often referred to as ‘big data’. The kind of historical data that businesses/organisations collect and refine for their business intelligence could, for example, include e-mails, memos and notes, news, user groups, chats, reports, web pages, software reports and stats + analytics, image and video files, marketing material, presentations and more.
The idea of business intelligence is to be able to analyse and gain meaningful value from much of this data. Types of analysis of data can be descriptive, diagnostic, predictive or prescriptive. The analysis can uncover trends in large datasets and reveal important insights that a business can use to its advantage.
Analysing company data can involve processes such as data preparation, data mining (of databases), stats and machine learning, statistical analysis, performance metrics and benchmarking, data visualisation (turning data into charts/graphs), and reporting the findings of the analysis and the conclusions with decision makers and other stakeholders.
Processing and interpreting large amounts of different types of data to get a bigger picture and reveal opportunities is challenging, and usually requires the use of business intelligence software/tools. Popular examples include:
Business intelligence software/tools can benefit a business by:
Businesses generate, gather, and store large amounts of data. Rather than being a cost, challenge, and/or risk to the business, finding a way to draw together, analyse, interrogate, and present the data as useful information can add value by identifying strengths, weaknesses, opportunities, and threats. It can also give managers a much clearer, all-round view of the business which can lead to better and smarter decision making. This can reduce risk and make business more efficient and competitive.
Preview Mainstream Business Intelligence for Sage 200 or contact us for more information on 01604 655900 or send us a message using our online contact form.
Today, we’re shining the spotlight on Rachmann Joubert, a Sage Support Specialist who has brought his wealth of software development experience to the role to help build solutions for our clients.
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