Business Intelligence Reporting | Syntax Technologies

Posted by Syntax Technologies on September 8th, 2022

The aforementioned statement clearly demonstrates the part that data plays in giving any piece of information legitimacy. When this information based on actual facts is presented in an understandable fashion, it takes the form of reports. Business intelligence reporting can be thought of as the monitoring of that data in order to display it in the form of decipherable data visualizations. If business intelligence is the translation of raw data into actionable insights for guiding business choices (reports, dashboards, data alerts, and so on).

In this article, we'll examine the fundamentals of business intelligence reporting, explore the objectives and advantages of business reporting, and examine several BI reporting tools.

Refer to our blog post on "What is Business Intelligence?" for a more thorough explanation of the broad notion.

What is Business Intelligence Reporting?

What is the Goal of BI Reporting?

Categories of BI Reports

Benefits of Reporting Business Intelligence

Selecting BI Reporting Tools

Tools for Business Intelligence Report

Conclusion

What is reporting on business intelligence?

The practice of using business intelligence reporting tools to generate reports and visualize data using various data visualization techniques is known as business intelligence reporting. In terms of Business Reporting, visualization is the graphical display of information obtained through Data Analytics in ways that are simple enough for end users to comprehend.

The following explanation will help you understand how BI Reporting works. Data extraction from the various data sources used by the company is made easier with the use of BI reporting tools. The Reporting Tools are made in such a way that they can apply dimensions (customer information, date, etc.) and recognize measurements (revenue, sales, etc.) for the purpose of analysis. People looking to make reports can select the required measures and dimensions with ease. Various graphical representations and forecasting models can be made depending on the data selected.

Furthermore, the overall idea of a Business Intelligence Report has evolved considerably overtime. From the time of BI Reports which were largely static, Business Reporting has become highly interactive in contemporary times. The purpose of this change has been the desire to facilitate self-service BI and the creation of reports in the hands of non-technical end-users. Thus, individuals can easily utilize the Business Intelligence Reporting Tools for Data Manipulation and consequently for the creation of smart BI Reports; which in the past was the sole responsibility of Data Scientists and Analysts alone. 

What is the Goal of BI Reporting?

The moot idea of Business Intelligence is based on the notion of analyzing data for the purpose of deriving meaningful insights which could provide for data-driven decision-making. However, even when this analysis is undertaken by Data Analysts and IT Professionals; it would be meaningless if they are unable to convey their findings to the decision makers, executives, and other stakeholders, who have the responsibility for deciding upon the future course of action. This is where Business Intelligence Reporting comes in. 

By way of presenting the insights in digestible interactive forms, BI Reporting helps individuals visualize, understand, analyze and take decisions. Moreover, BI Reports offer significant levels of interactivity which help in further filtering and sorting of data as well as self-service editing which can provide for additional exploration. In terms of objective, Business Intelligence Reporting also helps in measuring and tracking the strategic goals of the business enterprise.

To read the full article visit - Business Intelligence Reporting