There are variety of compelling benefits to Business Intelligence globally depending on different business functions — from marketing to sales to customer service. If we ask the industry experts, we can get inside on how to enhance your business and help decision makers make more educated, effective choices.
Recent statement from Rajeev Kapur from 1105 Media, Determining the ROI from social medial platform is a big challenge for marketing strategy. However, Business intelligence system can help in social media platforms, analytics tools, and pay-per-click campaigns to find the ROI. The global business intelligence can translate the data to analysis report where business can make proper decision based on the research data and facts. Intelligence report can give much bigger picture that we can imagine. The Business intelligence data is becoming more important than ever. Most of the data has been collected globally in past few years. In near future we can only see that increase by the day. The reason because of many different social media platform and number of users are increasing at breakneck speeds. What’s the importance of all global data without iota of intuitive information? This is where global business intelligence can help by bringing as method to all the data has been collected various ways. Even though global business intelligence is a broader term but at the end we it seeks for the right end user, what influence their decision and how this information. There are many ways to push this information to the client but business intelligence can figure the sweet spot for it. Eventually that will conclude to a solid sale of products. Business intelligence also can help understand about the other business that can be partnered. Sales personnel always like to be well prepare with the data prior to the meeting. This can give a good indicator of the potential business partner about their cutting budget, personnel turnover, sales data and many more parameters.
Global business intelligence not only look at KPI of the potential business but it also forecast to avoid any bottleneck and helps with new hire. A business can only be successful by its strategy and business model. Based on the Business intelligence data, the model can be altered to help the growth of the business. With over-saturation from internet and eCommerce in every market, it is easier for consumer to order clothing or food within a click. It is substantial for business owner to know where to invest on marketing based on the gather data globally.