People can work more effectively
when they get real, good, filtered information as opposed
to guesswork. Companies incur losses due to decisions
made on bad data or if right data is not available at
the right time. BI is strategically an important decision,
contributing to potential success of your organization.
It provides employees in-depth knowledge so they can
use this knowledge to solve problems and make decisions
remaining in the framework of organization, and diminish
the risk of any major disaster leading from bad information
or lack of it. Hence proactive Business Intelligence
reduces the time lag of problem identifying or even
new opportunity and taking respective actions.