Impact of introduction of business intelligence tools in organization Research Paper

Impact of introduction of descent intelligence tools in organization - Research Paper ExampleThis paper illustrates that ever changing newer technologies turn in transform taskes all over the world and these technologies are actually determining the future viability of a utter business in todays competitive environment. An organization today is more(prenominal) or less(prenominal) global in some way or the other, therefore, the competition is not constrained to geographical boundaries. The centre of this threat is evident and companies are being more proactive in investing in parcel suites that would provide them with the competitive edge over their rivals. Economies in many ways are becoming more and more engineering science dependent these days and this means that the organizations performing business in these economies too should furnish themselves with engine room and use it to outperform their competitors. Many theorists have argued over the youthful times that organ izations should employ technology to make them more agile and flexible. To serve this purpose, many renowned business managers came up with the idea of use statistical measures to best translate the data they have. Data is only an asset if it back tooth be transformed into some useful learning by the means of which decision making could be made easier and business managers lavatory forecast their production plans and marketing strategies. Companies therefore are moving away from conventional approaches to a paradigm where information management is a in truth important determinant. The researcher therefore aims to examine the information landscape of an organization before the implementation of a business intelligence tool and the after effect of the implementation. He will also mind into the different technologies available and how each technology varies with the organization token and organization size. Moreover, he will also take into consideration the success stories of ma ny different organizations that are reaping huge rewards with a successful descent learning tool implementation The researcher will look to find and interview concerned business managers such as Sales managers, Brands managers, Credit managers, Compliance managers and technical foul managers. This array of managers dont only show the diversity of application of Business Intelligence technology but also show the various set of departments lot benefit from one Business Intelligence implementation in an organizations. 2. Objectives The objectives of this research are very well defined and cater to a very unique(predicate) niche of applications. They are as follows To examine what effect on organizations functioning can a specific Business Intelligence application bring To examine how organization can define certain Key Performance Indicators and use them to gain business edge How reporting and dashboards can simplify a managers job To assess the value of historic data and how can it be used to work like a decision support system To airfield if Business Intelligence applications are compatible with other information providing software available in the organization? To check off between different Business Intelligence Technologies available and recommend the ideal match for a specific organization To calculate a typical ROI on Business Intelligence Suite Implementation To study how to streamline the general architecture of a BI implementation with the organizations IT architecture 3. priming Organizations over the years have tried their best to forecast or predict things. In the recent past these studies were based on study of current happenings and events. Since the introduction of computers at the workplace, these studies became much more