Business Intelligence Unlocks the Power of Actionable Insights

Strong business intelligence has long been a key asset for retailers, but today’s economic climate has raised the stakes. Having—and using—solid BI can mean the difference between survival and failure. Retail executives responding to rapid, sometimes dizzying changes have realized they need historical, current and predictive views of their key business metrics delivered to their fingertips.

Today’s advanced BI applications must also meet the needs of an expanded user community. Rather than the traditional “power users” distributing pre-formatted reports, today’s BI user is seeking a “self-service”-style interface, with timely, role-specific information and interactive capabilities, delivered on an expanding array of devices—including mobile technology. To get the benefits of advanced BI while dealing with today’s capital investment constraints, retailers will need to deploy BI solutions alongside their existing applications. In addition, they will need to determine which business processes benefit the most from real-time information delivery.

The use of smarter BI tools will provide retailers with the ability to find new revenue sources, identify cost-cutting opportunities, and improve performance visibility throughout the enterprise.

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QlikTech's Approach to Business Intelligence: Keep it Simple and Flexible

Business Intelligence Unlocks the Power of Actionable Insights