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What is BI


Business intelligence is a strategic application (a collection of various technologies and tools) that can be used to analyze the raw data a company produces. BI application provide a series of related activities, from data mining to querying, reporting and data visualization, so that organizations can cut costs, make better decisions, and identify new opportunities.

The challenge of business intelligence is the implementation process and structure of applications and functions. The cost of installing the necessary infrastructure can sometimes be beyond what an organization’s budget may allow.

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The Challenge

Business Intelligence is not a cure-all measure to every solution that the firm might undergo.

It becomes vital for the firms to give due thought to the business intelligence aspect. Due to the intricacy of these systems, it must be understood that storing data in the business intelligence system just for the sake of it, does not increase its worth but results in vice versa effect.

Challenge 1: Cost

Business intelligence at times can be a little too much for small as well as for medium sized enterprises. The use of such system can be expensive for basic business transactions. Even today BI system cannot be afforded by most of the companies.

Challenge 2: Complexity

Another disadvantage of BI could be its complexity in implementation of data. It can be so complex that it can make business methods rigid to deal with. In the view of such principle, many business experts have predicted that these intricacies can ultimately strangulate any business

Challenge 3: Time Consuming Implementation

Many firms in today's fast paced industrial situation are not persevering enough to wait for the implementation of Business intelligence in their organization. It takes around 12-18 months for whole BI system to completely implement the system.



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The Solution

NarraTree BI

There are many benefits for using BI. It include visualization capabilities that allows organizations to gain targeted insight into your organization’s past, present and future to make informed business decisions.

Presenting data in an easy to understand format, BI helps you to have a better understanding of your business’ strengths and weaknesses while delivering actionable insights into KPIs and other key metrics. BI is a critical tool to ensure competitiveness and profitability.

Key Benefits

  • Valuable insights into your business
  • Improved Reporting and data visualization
  • Establish benchmarking and KPI
  • Sales Intelligence and budgeting
  • Improved Business Processes
  • Performance management
  • Task automation
  • Time and cost savings
  • Single source of truth


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