Cloud-Based Business Intelligence Solutions – Which Are the Benefits Business intelligence solutions support better decision-making by providing historical, current and predictive views of all business operations. Business Intelligence (BI) technologies can process large amounts of information to provide useful functionalities such as reporting, analytics, data and process mining, business performance management, benchmarking, text mining, predictive and prescriptive analytics. BI solutions help companies gain competitive advantages by identifying and developing new business opportunities. Although enterprises are still in the early stages of adopting cloud-based BI solutions, a 2012 survey showed that these technologies are among the fastest- growing cloud-based business management
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Cloud computing is still not mature enough to give a final verdict about its usability. However, there is no doubt that there is a constant paradigm shift to cloud based computing. Before you shift your business or infrastructure to cloud based technology, you must learn some of the basic concepts about cloud-based technology, about its working and what are its pros and cons. Below are some frequently asked questions about this latest technology. 1. What does cloud-based computing really mean? Cloud-based computing is basically a service and solution providing technique in which companies get all the business solutions and most
