As Data Communication Solutions (DCS) continues to search out the latest industry news to keep our customers informed, we can’t forget about Business Intelligence (BI) when it comes to Big Data. At the recent IBM Smarter Commerce Global Summit, BI was a hot topic of conversation. BI has continued its role-based innovation to be the driver that fosters new relationships, first with Chief Marketing Officers (CMO) and now Chief Procurement Officers (CPO) .
CMO’s and CPO’s jobs now include driving, alongside I.T., the BI initiative that everyone is talking about. BI is a combination of numerous software applications used to analyze an organization’s data. When analyzed correctly, the outcome of BI, and Big Data, has the power to improve decision making, cut costs and identify new opportunities. There are no longer complex reports to be run, providing anyone the opportunity to acquire and profit from this new line of information. As long as the information is clean and consistent, your options are endless.
If your customers are merchants, DCS EDI specialists can deliver accurate point-of-sale data through your existing EDI system (UPC/store/date). If your customers are manufacturers, we can deliver accurate inventory data. Customers using BI applications recognize that granular, fast, and economical sales data brings about 1-2% sales increase.
IBM is congruent with Oracle (Demantra), SAP (HANA), Hadoop, and others.
How is Business Intelligence changing your business?
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