/home/leansigm/public_html/components/com_easyblog/services How BI is playing an important part in ERP
By Piu Banerjee on Friday, 13 November 2015
Category: Technology

How BI is playing an important part in ERP

It is known that ERP centralizes data assets and improve data governance. But, as companies are shifting their focus towards big-data initiatives, they are using ERP as a basis for business intelligence (BI) operations. Nowadays, Analytics is a standard feature in ERP, and using built-in tools and easy-to-integrate add-ons help organizations to make an immediate shift towards real-time measurement, increased oversight and predictive analytics. According to Tom Davenport of Harvard Business School, the three primary benefits of analytics include: cost reduction, faster decision making, and improved product development. Read more at: http://it.toolbox.com/blogs/inside-erp/erp-and-business-intelligence-or-how-your-life-will-change-forever-70407

 

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