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The most significant capability of any business today is self-awareness. A company that can make sense of all its key business data in real time will outperform its competitors. It is no longer efficient to rely on the IT department only to analyze business numbers because this slows down decision-making, and can lead to loss of opportunities. The answer to this situation is Business Intelligence.
Business Intelligence constitutes programs, processes, and activities that culminate in the better understanding of the performance of the business. It enables all departments in the business unit to participate in the development of business solutions for the organization.
Business Intelligence systems will give your organization the following advantages
- Provide information that will improve your ability to negotiate with your suppliers
- Give you an accurate view of your cash flow
- Enable you to predict your financial performance
- Increase your ability to evaluate the performance of your products, services and operational departments
- Support you in identifying fraud
For large organizations, we recommend the Oracle Business Intelligence Foundation Suite. For small and medium sized enterprises, the Oracle Business Intelligence Suite Standard Edition is adequate. Carrel Technologies Ltd. has the capacity and capability to deploy these Oracle Business Intelligence Suites