Business intelligence, also known as BI, is a term used to describe numerous software applications used to analyze a business’ raw data. BI has a wide variety of applications, methodologies, and tools which can be utilized by organizations to collect data from both internal and external sources.
These tools can assist the businesses to analyze the collected data, create reports dashboards and data visualizations. These tools can also make the results available to decision makers and other operational workers.
Business intelligence plays a very important part in improving decision making in companies, reducing operational costs as well as identifying new business opportunities. CIOs can also use the tool to identify business processes which might have become inefficient and might be requiring some re-engineering.
Apart from data analysis, BI has also transformed mobile app development in a very big way. Businesses are today embracing mobile apps as data analytics tools. These analytics tools which come in the form of simple mobile apps have boosted the efforts for businesses to simplify data analytics.
Mobile apps have assisted these organizations to keep things straightforward and understandable. These apps come with a utility which can be easily used and understood by the mobile users.
Here are seven ways in which business intelligence has transformed mobile application development.
Develop your dream dashboard
Most mobile app developers need to have applications which can hold all critical metrics in one place. Also, the developers also want the parameters to be clear, meaningful and up to date.
Also, the app users should be able to enjoy the flexibility of the app in assembling, organizing and visualizing the metrics in a manner they would like. Business intelligence has visualization technology, and this has assisted developers to have mobile apps which assist users to do so very easily.
Drill-down capabilities
Also, mobile business intelligence applications enable mobile users to get performance information through their mobile devices. This, in turn, allows the users to keenly analyze the data and get a detailed analysis related to the specific information.
Automate your reporting
Manual reporting consumes a lot of time and contains errors at times. However, business intelligence has assisted users who rely on mobile apps to analyze their data to save a lot of time. This is because such applications can automatically update key metrics with data from any source.
Take it with you on the go
Opportunities will never wait for you to get back to your PC. However, mobile applications with business intelligence assist users to seize the opportunities from any location.
So long as you have a mobile device which can support the application, you will always be having the best experience. These apps will always be delivering you the data require regardless of your location. Basically, these apps set their users free to work from the location of their choice.
See the big picture
At times, you might have a lot of critical information which is in different places. But mobile applications which have business intelligence enable users to pull all the information together and see the big picture.
These applications assist the users in seeing how everything happens in between their organizations. That is, how operations can be affected by sales, how marketing affects sales and how operations affect finance. Basically, these apps assist their users in seeing all the insights they require whenever they need them.
Real-time feedback
Business intelligence mobile applications allow users to access data in real-time. This means that the users can view the data in real-time and also get notifications related to changes in trends and data immediately. Real-time feedback allows users to respond very quickly to such changes.
Ease of use
A lot of mobile business intelligence tools have brought a graphical user interface to mobile applications. These applications come with dashboards which can be customized very easily and intuitive navigation’s. Most of these applications have become the best tools to assist executives in making critical business decisions.