Business Intelligence

A business information system is increasingly becoming important than yesterday’s data processing systems. Information system, for many businesses, provides an opportunity to do business in a new way. Management Information System can be defined as an integrated man/ machine system providing information to support the operations, management and decision-making functions in an organization. And thus gain huge profits and market shares.

The use of computer technology for Information System has led to processing of data in relevant form and design; and retrieval of the same when needed in considerably lesser time. Systems experts in business organizations have developed areas and functions where computerized Management Information System can be used to improve the working. The need for highly processed and sophisticated information based on multitude of variables has made the designing of the system quite complex.

The scope of analysis has widened leading to information accuracy and no-time decision making. A financial model can now be developed using simulation techniques, which facilitates testing the impact of ideas and strategies formulated on future profitability and in determining the needs for funds and physical resources. By carrying out sensitivity analysis with the support of computers, it has become possible to study and measure the effect of variation of individual factor to determine the final results. Thus the use of computer technology has completely revolutionized the working in all departments in an organization.

is a web-centric Business Intelligence application designed specifically to meet the information requirements of today's freight and logistics companies. 4S iDrive effectively puts control of company's information flows, enabling the fast and informed decision making, which today's logistics business requires.

Last Updated on Thursday, 02 April 2009 14:47