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In the coming year, many organizations will shift their focus to business growth. However, continued economic volatility means that they will also need to keep costs in check to maintain healthy margins. Since many businesses have already slashed many costs and economic uncertainty will limit opportunities for price increases, businesses will need to cut costs by improving efficiency. Many small-to-midsized businesses SMBs) are investing in business intelligence solutions to assist with this effort.
This white paper describes what tools are necessary to provide business intelligence (BI) and how a suite of BI tools can help small-to-midsized organizations improve efficiency by:
- Simplifying reporting and data analysis.
- Deploying human resources more efficiently by enabling organizations to focus resources on problems and exceptions.
- Improving efficiency of processes by allowing businesses to measure the effectiveness of these processes and monitoring the impact of changes and improvements.
- Enhancing IT efficiency by providing self-service business analysis solutions and by simplifying the IT infrastructure.
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