i³ Business Intelligence
Business Intelligence is an overall approach which provides concepts, methods and tools for putting data often from various sources into the correct format. Once the data have been entered into the system, the next step is to analyse them and interrelate them in order to identify implicit structures – a process also known as data mining. Automated analyses can distil potentially useful information from otherwise vast data stocks.
Under the pressure created by rapidly changing competitive conditions, business intelligence solutions are becoming increasingly relevant.
Tighter regulatory requirements (Basle II or Sarbanes-Oxley Act) and international accounting standards (in particular, IFRS and US GAAP) impose considerable demands on the quality of information.
Knowledge means success
With its Business Intelligence solutions, infinity³ is driving a move away from conventional reporting towards multidimensional analytical and forecasting models which can be used to convert business and competition data into relevant knowledge for decisions.
Business Intelligence systems supply the information that enables entrepreneurs and managers to learn from the past, forecast the future and control the present.
The first step is to bring together data from a number of internal and external sources as a basis for analysis and decision support systems in the form of data mining, online analytical processing and case-based reasoning.
Our solutions support you in
- → strategic business planning
- → product and service development
- → specific, differentiated financial and profit analyses
- → greater customer understanding (customer value, cross-selling, etc.)
- → supplier and procurement management
- → production planning and control
- → identification of cost drivers
- → competition monitoring
- → ...