Business intelligence (BI) technology is used to create managed reports to help businesses to make better decisions by providing them with accurate and up-to-date information. BI tools can help organizations compile data from various sources, including internal systems and external data sources, into a centralized location so that users can analyze it and find trends. Keep reading to learn more about managed reports and how they benefit your business.
What BI tools are used to create managed reports?
BI technology helps businesses with the tools they need to create, manage, and analyze reports. These reports are designed to help enterprises to make better decisions by providing insights into how a company is performing. BI technology can help you create custom reports and automate the report-creation process. This allows you to spend less time gathering data and more time interpreting it and taking action. There are a variety of BI technologies available to create managed reports:
SQL Server Reporting Services (SSRS) is a Microsoft technology that allows you to create and manage reports. It provides various tools to help you design reports, including a drag-and-drop interface, wizards, and templates. SSRS also includes various built-in data-visualization features, such as charts and gauges.
Oracle Business Intelligence (OBIEE) is a technology from Oracle that allows you to create and manage reports and analyze data. OBIEE includes a variety of built-in data-visualization features, as well as tools for data analysis. It also allows you to create custom dashboards, providing a snapshot of your company’s performance.
What are some of the advantages of using managed reports?
Managed reports are created and managed through a business intelligence technology called reporting services. Reporting services is a web-based application that allows for the creation, management, and distribution of reports. It provides an interface that is easy to use and makes it possible to quickly create reports from various data sources.
One of the advantages of using managed reports is that they can be easily customized to meet the needs of individual users. Reports can be formatted to display the most important information to each user and can be filtered to show only the relevant data. In addition, users can drill down into the data to get more detailed information.
How can businesses make the most of business intelligence technology?
Businesses can make the most of business intelligence technology by using it to create custom reports that meet their specific needs. Additionally, companies should ensure that they understand the data being collected and analyzed by their business intelligence technology to make better decisions based on the information in the reports. BI technology can help businesses improve their decision-making in several ways, including:
Improving data analysis and visualization: The ability to quickly and easily compile and analyze data is a key benefit of BI technology. BI tools can help organizations create visualizations of data that can help users see trends and patterns that they might not have been able to see otherwise.
Improving data quality: BI technology can help businesses identify and correct data quality issues. By identifying and cleaning up data quality issues, BI technology can help companies make decisions based on accurate data.
Helping track performance: BI technology can help businesses track performance over time. This can help companies identify trends and areas where they might need to make changes to improve performance.
Improving decision-making: By providing users with access to centralized data, BI technology can help businesses improve their decision-making, helping companies make better decisions faster.
Facilitating collaboration: BI technology can help businesses facilitate collaboration between different teams. This can help enterprises to make better decisions by allowing other teams to share their knowledge and expertise.
Businesses of all sizes can benefit from using BI technology. By using BI technology, companies can improve their decision-making, track performance, and collaborate more effectively. Using BI tools to create managed reports provides a way to compile data into a report that can be used to make informed decisions. This technology can help businesses to improve their performance by providing them with insights into their data.
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