Bachelor Thesis on Business Intelligence Essay - 11660 Words

Studium licencjackie Kierunek: Quantitative Methods in Economics and Information Systems Specjalno ´c: Methods of Decision Analysis s ´ Forma studià ³w: stacjonarne Evaluation and comparison of Business Intelligence platforms as systems supporting decision-making in small and medium-sized companies in Poland Warszawa 2013 2 Abstract Business Intelligence (BI) systems are applications that are used to enhance decisionmaking in organizations. However, Small and Medium-sized Enterprises (SMEs) in Poland has only recently begun to discover the beneï ¬ ts of these systems. This study elaborates on the architecture of these applications as well as identiï ¬ es the advantages of BI platforms — it demonstrates how BI†¦show more content†¦Business Intelligence presents a veritable opportunity for organizations to support and improve their decision-making processes. This study begins with the presentation of BI systems, outline of problems they help overcome and methodologies applied to choose the best BI application. 1.1 Problem formulation On a daily basis companies make decisions which are subject to certain risks. In order to limit these risks and be able to rapidly make efï ¬ cient decisions, businesses need access to the right information at the proper time. This information often resides hidden in ï ¬â€šat ï ¬ les, databases, ERP systems etc. Endeavouring to gain access to and facilitate the ï ¬â€šow of information that would translate into improved business performance, this study proposes the implementation of a Business Intelligence system; a software tool designed to process data, gather information and track trends and display companies’ ï ¬ nancial results. However, before a BI tool is developed by a business entity, a decision need to be made which development platform should be implemented. 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