Real-time business intelligence is an approach to data analytics that enables business users to get up-to-the-minute data by directly accessing operational systems or feeding business transactions into a real-time data warehouse and business intelligence (BI) system.
IntelloShip enables real-time BI and includes data virtualization, data federation, enterprise information integration (EII), enterprise application integration (EAI) and service-oriented architectures (SOA). Complex processing tools are being used to analyze data streams in real time and either trigger automated actions or alert workers to patterns and trends.
IntelloShip can help support instant decision-making, which is necessary to stay competitive Your company’s employees and representatives need to have the same up-to-the-minute data regarding performance levels.
A real-time approach isn’t required for every part of a company’s business, however most BI users can meet their business goals by looking at daily, weekly or monthly business performance numbers and long-term trends such as year-over-year comparisons. Similarly, finance groups aren’t likely to require real-time data to analyze financial metrics or compare actual budgets to forecasts.