Why Business Intelligence in limelight today:
During 20th Century, prior to the start of the Information Age, businesses had to collect data from non-automated sources. Businesses then lacked the computing resources to properly analyze the data, and as a result, companies often made business decisions primarily on the basis of gut feel and intuition.
Since dawn of 21st century, as businesses started automating more and more systems, more and more data became available. However, collection remained a challenge due to a lack of infrastructure for data exchange or to incompatibilities between systems. Analysis of the data that was gathered and reports on the data sometimes took months to generate. Such reports allowed informed long-term strategic decision-making. However, short-term tactical decision-making continued to rely on intuition.
Now a day in businesses, increasing standards, automation, and technologies have led to vast amounts of data becoming available. Data warehouse technologies have set up repositories to store these data. Improved Extract, transform, load (ETL) and even recently Enterprise Application Integration tools have increased the speed of collecting the data. OLAP reporting technologies have allowed faster generation of new reports which analyze the data. Business intelligence has now become the art of sifting through large amounts of data, extracting pertinent information, and turning that information into knowledge from which actions can be taken.
What Viaedge has to offer?
Viaedge understood the business need of the hour and has gained the enormous experience by virtue of providing to business Intelligence solutions to various corporate and fast growing modern companies where manageability of voluminous data and taking meaning out of that was big challenge. Viaedge, a veteran proponent of open source of technologies, harnessed the best available components of open source and started building and providing proven and stable BI solutions. Some of its solutions are treated as of the self solution for specific industry segment such as “Revenue Assurance and Decision support System” for Mobile-VAS companies, “interactive Report Generation Tool” and “Trend Analysis” for credit Card companies.
Viaedge has pool of talented resources who have enormous exposure of various corporate issue by virtue of implementing many BI solutions.