How to explain Business Intelligence (BI) in Plain English

27th August 2021 by Brytlyt

What is Business Intelligence (BI)?

Broadly speaking, Business Intelligence is a collection of software and tools that are designed to understand and interpret the vast quantities of data that an organisation accumulates over time.

Business Intelligence tools use AI to process vast amounts of data and break it down into individual insights. This means it can then be analysed and potentially actioned into a business decision.

It allows companies to see patterns, trends, areas of growth and also areas of weakness and vulnerability. The better your business knows where it is now, the better it can forecast for where it needs to be.

Enterprise Business Intelligence encompasses the multitude of methods for collecting, storing and analysing data to give a holistic picture of an enterprise. Increasingly, more companies are creating a multitude of new touchpoints to further understand the nuances of their business, this in turn requires a more advanced level of Business Intelligence software. Platforms like Brytlyt help these companies increase efficiency, productivity and ultimately, profit.

Digital transformation is now lauded as a crucial part of business strategy and BI tools have evolved to help organisations make the most of their investments in data infrastructure.

A number of different BI tools can help to analyse this information and present it as actionable intelligence, helping to guide the decision making process. Essentially, BI systems are data-centric decision support systems that use current, legacy and projected views to build intel.

The applications for Business Intelligence are found throughout most larger businesses nowadays, and increasingly throughout SMEs.

These tools can help data analysts to find patterns in vast quantities of data, building compelling visuals that allow these patterns to be easily understood by a broad range of users.

Modern BI systems offer the ability to take in data from a variety of different forms and be able to collate them together.

A new wave of Business Intelligence platforms aim to support collaboration, interaction, data visualisation, analysis and discovery.

There are a range of BI tools on the market, however, it’s worth understanding what it is you want from the system you’re looking to implement.

Is it right for a range of business users?

Up until recently, BI tools focused more on catering to advanced users, however the focus is now shifting towards less advanced users – ushering in a new sector of ‘self-service’ BI.

This is empowering users who may have valuable insights of a business, but aren’t that tech savvy – democratising what end users can get from BI systems.

Is it scalable with my organisation?

Cloud-based BI software makes a good business case for itself as an increasingly appealing proposition for enterprises of all sizes.

With the ability to scale with the growth of an organisation, as well as how current demand dictates; the notion of having infrastructure and functionality on tap without the traditional down payment of investment provides great value to growing and scaling businesses.

Compatibility with your existing infrastructure

Some BI tools are not complete, end-to-end solutions. If your business needs BI features that aren’t covered under a single solution, make sure you understand the integrations and compatibility with other softwares. Instead of overhauling existing systems, our platform can be easily integrated into most business environments.

How do Brytlyt’s systems do this?

We use GPU-accelerated computing, where parts of an application are assigned to GPUs (Graphic Processing Units) as opposed to the traditional (and much slower) hardware architecture of a CPU (Central Processing Unit). Older CPU-based systems rely on a level of manual processes by users and data scientists, like downsampling and indexing.

In stark contrast, GPU-accelerated systems take entire datasets in, enabling users to instantly, interactively visualise, query, and power data workflows over billions of lines of data.

Why use Brytlyt for BI & Advanced Analytics?

  • Brytlyt helps you interactively query, visualise and power data science workflows over billions of records with a wide range of accelerated analytics solutions.
  • Our end-to-end platform delivers decision support and business intelligence offers critical insights.
  • Built on PostgreSQL, we empower users to analyse more data, faster, and with ease.

Who Uses Brytlyt’s BI & Analytics Systems?

Over the past few decades, organisations that have experienced the highest levels of growth have invariably owed their success to leveraging their well-developed data architecture and digital infrastructure.

Our Business Intelligence systems are used in a variety of Big Data applications at the very cutting edge of the transformational analytics revolution, including Machine Learning, Deep Learning & Advanced Data Science.

At the forefront of the Advanced Analytics revolution

Our unique GPU patent pending IP technology has been developed to be at the very forefront of the transformational analytics revolution. Our next generation platform with ‘speed of thought’ analytics is built for ambitious businesses who want to harness their rapidly growing datasets.

We know data; and we know how to help businesses get the most out of huge amounts of data, in an instant.

Tomorrow’s technology, today

Brytlyt is the future-proofed approach to data processing and analytics. Instead of overhauling your existing system, our platform can be easily integrated into your business environment. Plus, its adaptable functionality means you can continue to develop the platform as your needs change.

Get in touch today to find out more.