Cloud Business Intelligence (BI) solutions provide substantial benefits to businesses intent on increasing productivity, boosting operational efficiency and reducing costs. Why? Businesses today of all sizes want data analytics and business intelligence tools capable of elevating business processes and strategic decisions to new levels of competency and value. Today is truly the age of cloud business intelligence solutions.
Driven by the push for simple-to-understand data visualizations, predictive models, scalable data analysis and multi-source data discovery, Cloud BI is cloud business intelligence delivered by merging two increasingly effective business technologies – cloud computing and Enterprise Resource Planning (ERP) software. To make the most of Cloud BI, competitive, growth-driven businesses are deploying solutions built to deliver advanced analytics 24/7 for greater access and to best leverage mobile workers.
Cloud BI solutions offering a modular approach with robust capabilities focused on reducing costs, streamlining processes and improving customer responsiveness present the greatest benefits. Here’s 5 more benefits of Cloud BI!
Advanced Mobility
Embracing a mobile enterprise strategy, Cloud BI allows professionals to always be connected to real-time data for streamlined communications, collaborations and decisions. Mobile users can access reports, customer records, project requirements, client contracts and more 24/7 from any mobile device – elevating productivity from a traditional to triumphant scale.
Agile, Adaptable Platforms
Companies willing to adopt Cloud BI are businesses intent on prospering in an increasingly mobile world. With scalability and multi-tenancy, Cloud BI solutions today automate everything from data discovery to data reporting. Businesses can integrate and analyze data on demand. Plus, unlike traditional solutions, Cloud BI solutions can be modified easily to enhance reports, update dashboards, analyze new data sources and streamline processes.
Easy Data Interpretation
Cloud BI solutions today offer thorough analytics of data streams – boosted by visual analytics featuring diagrams, charts, decision trees and sophisticated business intelligence analysis. Cloud BI solutions make data interpretation easier, allowing for faster, better business insights on sales performance, customer behavior and marketing campaign success – or failure.
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Data Security
Cloud BI solutions offer a range of data security protocols and features. Many deliver high-performance analytics through multi-tiered caching, data encryption, data segregation, investigative support network segmentation, security patches and regulatory compliance. Cloud BI solutions and service providers take defending data very seriously, with a host of authentication measures and, in some solution deployments, user fingerprint or voice recognition authentication protocols. When it comes to data security, Cloud BI delivers tactical data security management.
Lower Costs = Higher Performance
With robust data analytics in place, businesses rapidly leverage reporting tools to improve sales and marketing activities and increase collaborative campaigns between sales and marketing teams – resulting in better sales forecasts, resource allocations, customer support and client engagement. Plus, Cloud BI solutions also allow users to benefit from consistent upgrades and ongoing maintenance without the associated costs, time delays and IT demands impacting businesses not thriving in the cloud.