Any business must understand what is happening at any point in time. Good business intelligence highlights useful information and tells a story. Instead of going just by the gut, BI helps in building data-driven organizations. It can provide valuable and more importantly, actionable insight into any data. 

In this era of big data, businesses need versatile BI Software that would solve all their business intelligence needs. BI software has become a vital component of any business and its processes. The effectiveness of any BI software lies in how easy it is to deploy, how easy it is for business users to use, how much value it provides by uncovering hidden insights, and how cost-effective it is.

A break-down of this framework shall be seen as follows:

• Data Collection:  Business data of any nature, that lies scattered across flat files, feeds, databases, cloud storage, and business applications are gathered for further analysis and reporting.
• Data Preparation:  Data collected from different sources goes through a sequence of steps: integration, modeling, cleansing, preparation, and enrichment, before organizing it into an analytics-ready format.
• Intelligent Analytics:  Derive maximum value out of the available data, by analyzing to uncover insights about - 1. what had happened 2. why and how did it happen, and even go ahead to predict 3. What might happen?
• Data Visualization:  Analytical insights can be made easily consumable through dashboards and reports, which shall be built with an easy-to-use drag-and-drop interface. Analytical insights can be made easily consumable through dashboards and reports, which shall be built with an easy-to-use drag-and-drop interface. Analytical insights can be made easily consumable through dashboards and reports, that shall be built with an easy-to-use drag-and-drop interface.
• Sharing and Collaboration:  The insightful reports and dashboards can be shared with each other, for collaborative analytics and informed decision-making.