Intelligence and Analytical Tools can Provide Real Insight of Your Business Business intelligence and analytical tools can be extremely helpful for various types of companies especially for large size businesses. Today a large range of such software is available offering broader views of varieties of businesses. The analytical tools can record data, integrate data from different applications, co-relate them, and compare them against each other. Business analytics tools offer many advantages; some major benefits are listed below: Help in taking informed decisions: When you have all business reports placed before you, you can analyze the behavior of audience, interest shown by consumers in certain product segment, weekly or monthly increase of sales, revenue generated by the company in a certain time-frame, existing stock of products, required stock, and various other business factors. Identify weak points: Business analytics help you to find out the weak areas that need to be improved. For example, you can compare available quantity of items in stock with required quantity of items. You can see purchase orders, growth or decline in demand of products, and assess the required demand for next month or quarter. Identify new business opportunities: By comparing your business data and records, you can search and discover new business opportunities to improve your sales and revenues. You will be able to understand on which products you should concentrate and which products you should discontinue. You will be able to identify your business strength and where to apply that strength. Better Relationship with customers: With help of business analytics, you can establish better relationship with your existing customers and build new customers. You will be able to know who your loyal customers are and how to improve business relationship with those customers. You will also be able to take right decisions to attract new customers. Reduce operational cost: Business Intelligence tools can record various types of business data and create reports from them. By incorporating BI tools, you will feel less requirement of hiring employees to maintain records of various business transactions and generating reports. Achieve business goals faster: Overall business tools help you in achieving business goals faster by providing information about different aspects of your business. You can take right decisions in lesser span of time by looking at different business reports. As stated, you can collaborate, co-relate and compare business data.
Microsoft offers a large range of business analytics software that can be incorporated into various types of businesses. Microsoft Business Intelligence (BI) tools include: Share Point, SQL server, Power Business Intelligence for Office 365, Visual Studio, and Report Builder, among many others. Microsoft BI tools can be used for self-service BI, Corporate BI, and advanced analytics. You can choose Microsoft BI tools according to the nature of your business and work. EOHMC.co.za is leading provider of Microsoft solutions including Business Intelligence. Being a certified Microsoft SharePoint partner, the provider engages Microsoft specialists for any kind of Microsoft based project. EOHMC offers all kinds of software solutions to different companies across the world according to their business requirements.