What is Business Intelligence?
We often hear about Business Intelligence, but what is it really? BI is a collection of methods, processes and tools which transforms raw data into useful information that can help your business grow.
For instance, Power BI is a BI system that allows the user to collect data from sources such as Google Analytics and Sharepoint, and turn the data into impressing reports.
Systems like Power BI can be used in different ways, depending on what role you have in your organization. If you work with web analysis, then you might want to create the reports yourself and share them with your team.
Others may only want to view the reports to get an update on how the business is doing. No matter how you use it, BI is useful for all types of businesses that want to know how they can improve their results.
Business Intelligence and Business Analytics – What is the Difference?
The terms Business Intelligence and Business Analytics are often used interchangeably, and it might be hard to understand the difference between them.
One of the differences is that BI uses historical data to uncover growing trends among users or consumers. Business Analytics, on the other hand, uses historical data to predict what may happen in the future.
Why Business Intelligence is Important
To make a business grow, it is important to focus on facts rather than subjective experiences. With BI tools like Power BI, all the departments in the workplace can easily see what is improving their results and what is not.
Instead of relying on their gut instinct, leaders can now use reliable numbers when they make decisions. Data analysis is not only useful for leaders, but also for the employees. With this knowledge, employees can view their own performance and become more motivated.
If you´re part of a national or international organization, BI can provide you with a bigger overview of the organization as a whole.
If you for example work in the retail industry, you can see how other stores are doing and what products are most popular. This gives you valuable information about customer trends.
Are you thinking about where BI may be able to improve your business? Please book a non-committal meeting with us and let’s turn your data into business value today.
TIQRI consists of highly competent professionals. We offer technical knowledge, creativity, and momentum to our customers. With our expertise and technology, we open up new opportunities for you to develop your company. We provide a variety of services:
- Cloud-based Development
- Mobile Solutions
- BI Data
- Software Development
- Work Processes and Artificial Intelligence
- Web Design
- Quality Assurance and Automation
We like to get to know the company’s core when it comes to their way of thinking, their needs, and challenges. It’s important for us to cultivate long-term relationships with our customers. With TIQRI you can be sure that you get a partner who works tirelessly to lift your business up and forward.
Read more about: Software Engineering
How We Do Business
BI is a broad concept that describes many different types of activities. With our BI software, we can elevate your business performance to a higher strategic, tactical, and operational plane.
At TIQRI we have consultants and experts working on innovation in digitalization and technology. We create new business opportunities for you through technology management and dedicated domain focus. Everything is done through agile software development methods.
TIQRI is a value-based company that continuously strives to achieve greatness by investing our efforts in the fundamentals of the company.
We live by TACTD: Transparency, Agility, Commitment, Trust, and Disruptive. The carefully chosen words are lived by and given life through our strategic thinking and our day-to-day operations.
T for Transparency
Our goal is to work actively to be as transparent as we can to all our stakeholders. Transparency is a fundamental value within a global team
A for Agility
We believe in agility in the way we think. By rapidly adapting to a market and environmental changes, we are able to deliver high value to our customers in a tech-based world. We use agility as a tool every single day. Flexibility and customization help us serve the needs of our global partners.
C for Commitment
We are committed to our customers’ success. We work with complex software products and a variety of systems. As a partner, we share the customer’s vision and are committed to business development in a long term perspective.
T for Trust
Trust is an essential element in developing a high-value partnership with our clients. Trust is built through proof. That’s why we commit ourselves to provide proof on a daily basis that we are trustworthy through our commitment, transparency and agility.
D for Disruptive
Change is the new normal. We are presented with new scientific and technological breakthroughs on a daily basis – advances that will change the way we live. By applying an infinite mindset to the way and the way we work, how we review ourselves and the technologies available, we ensure to get our clients on the forefront of the development.
Learn More About TIQRI
We are a problem-solving company. With TIQRI as your partner, you gain access to a global developer environment. We started to run our business in Norway in the late 90s, and we now have clients all over the world – in Scandinavia, U.S, Belgium and the Middle East.
Overall, we have expertise and experience with the vast majority of issues and industries. We are experienced in growing long-term customer relationships and always invest in the customer’s goals and needs. We offer innovative solutions and products tailored to your business.
Contact us today if you are looking for a software engineer or web developer. We have been providing innovative solutions to Norwegian customers for more than 11 years and our customers appreciate the efficient cooperation. That’s why 55% of our customers have had a solid partnership with us for more than five years.
You will find us in the Vika Atrium in Oslo. We look forward to solving your challenges.