Data and business analytics are a set of practices to collect, store, and transform raw data into actionable insights. Business intelligence uses data analytics processes to support business operations, facilitate decision-making, and boost profits. Additionally, data analytics technologies are used mainly by professional data analysts, whereas BI tools are primarily geared toward C-level management and non-tech employees.
Implementing business intelligence (BI) will turn your company into a data-driven organization and help it stay one step ahead of its rivals. Experts in data analytics and BI services, we can help you extract actionable insights from the raw data, identify market patterns, make business-relevant forecasts, and create easy-to-understand reports.
What Is Business Intelligence?
Business Intelligence (BI) is the combination of technologies, processes, and tools to collect, analyze, and present business information in a way that supports decision-making within an organization. It aims to transform raw data into meaningful insights, allowing businesses to make informed and strategic choices.
Key components of business intelligence
- Data Collection – gathering relevant data from various sources, both internal (e.g., databases, CRM systems) and external (e.g., market trends, industry reports).
- Data Processing – cleaning, organizing, and transforming data into a format suitable for analysis.
- Data Analysis – using various analytical tools and techniques to examine and interpret data.
- Data Visualization – presenting data in a visual format, such as charts, graphs, and dashboards, to make it easier for users to understand and interpret complex information.
- Business Reporting – generating regular reports and analyses that provide a snapshot of key performance indicators (KPIs) and other relevant metrics to support decision-making.
- Performance Monitoring – continuously monitoring and assessing business performance against predefined goals and benchmarks.
- Predictive Analytics – using statistical algorithms and ML models to forecast future trends and outcomes based on historical data.
Why your organization needs business intelligence and analytics services
If you opt for business intelligence service, you’ll extend your pool of employees with the know-how to use modern BI solutions and get meaningful insights from massive datasets. They will include not just data scientists but also decision-makers and non-tech staff. You’ll unlock the full potential of your data and meet your business needs more time- and cost-effectively.
Enhanced processes
With the right BI strategy and BI software, you’ll be able to monitor processes in real time, detect bottlenecks, and identify areas for improvement. Automate routine analytical tasks to reduce human error and improve productivity while letting your employees focus on high-priority tasks.
Customer insights
Big data analytics will give you insights into customers’ demographic, browsing behavior, and shopping patterns. Divide your audience into segments and tailor your offerings and ads to their needs, budget, and favored communication channels.
Performance tracking
With business intelligence services, you can measure your performance across data sources and track employees' internal activities. Data management and analytics will help you benchmark business metrics using historical data to see future outcomes, pinpoint problems and redirect resources to key areas.
Pattern recognition
Machine learning algorithms can identify hidden patterns and macro-trends in big data sets. BI services will let you find out who buys your products or services the most, what conditions affect your sales (discounts, competitor’s pricing, etc.), and which marketing campaigns yield the largest revenue.
Early issue detection
Business intelligence services will equip you with BI solutions to identify unseen challenges, problems, and risks early when remediation is much faster and more affordable. Analyze activities across multiple data sources, to detect unauthorized access attempts, malicious traffic, and fraudulent user behavior.
Business real-time visibility
Centralized data integration, real-time analytics, and visual reports you get with BI services provide a transparent, 360-degree view of your company. Backed with comprehensible data, you can make critical business decisions faster, fully understanding the underlying risks.
Our business intelligence services
Our team has extensive experience in data-heavy projects and solid expertise in data analytics, AI technologies, and cloud engineering. This allows us to provide top-notch BI services that meet the demands of modern businesses.
BI consulting
We provide BI consulting services, analyzing your business model, IT infrastructure, customer behavior, and data management practices. This lets us identify the optimal ETL/ELT pipelines, analytic software, and data visualization tools. We also create an effective BI strategy and support you on every step of its implementation so you gain the most value from the BI implementation.
BI implementation
Our team provides a wide range of BI implementation services, including data integration, migration, reporting, and advanced analytics too. We can channel disparate information flows into a centralized location for easier data management and reporting. Data quality is our top priority, so only valuable information gets into your data warehouse or data lake.
BI support & evolution
Our team can take care of your daily processes, including big data monitoring, ETL/ELT, data analytics, and reporting. You can rest assured that the BI solutions will work flawlessly, and resource consumption will be optimized. On top of that, we can enrich your software with specific features to improve your business performance and decision-making.
As an experienced business intelligence service provider, we know how to help your business reach new heights!
How we deliver value with our BI services
Every business is unique, and we appreciate that. However, when it comes to BI transformation, every company goes through three standard stages, whatever its business case.
01. Data integration: data discovery, processing, and exploration
As an initial part of our business intelligence and analytics services, we explore your company’s operational data and build an ETL/ELT pipeline to aggregate raw business data, from different systems and files. We also remodel data for your data warehouse using data quality management tools.
02. Knowledge mining analytics
Data mining techniques, paired with advanced statistical modeling, allow us to extract meaning and find patterns in your data. We use Azure Cognitive Services to implement predictive analytics and forecast trends and model assumptions based on historical information.
03. Business intelligence reporting
We implement BI tools with interactive data visualization features (reports, charts, maps) to highlight opportunities, unveil business risks, and simplify information sharing. You can swiftly move from insight to action with our business intelligence agency.
Our business intelligence technology stack
Azure Synapse Analytics
Azure Synapse simplifies business analysis and logging across big data systems and data warehouses (on-premise, cloud, and hybrid environments). It also offers data integration with other Microsoft Azure products.
Azure Databricks
We use Azure Databricks to deploy and manage infrastructure for business intelligence solutions. It also integrates with other cloud services and offers open-source tools to expand data warehousing and sharing.
Azure Data Lake Analytics
The Data Lake Analytics platform automates deployment, configuration, and resource scaling. Easily extract actionable information across big data systems and integrate data visualization tools for convenient presentation.
Azure Stream Analytics
Our engineers use this PaaS platform for streaming data analytics, processing, and monitoring. You can implement Stream Analytics for various data sources, including point-of-sale systems and IoT.
Azure Cognitive Services
We can enhance your BI software with AI-powered Cognitive Services: computer vision, speech translation, natural language processing (NLP), and real-time content moderating.
Microsoft Power BI
Our experts can turn your Power BI suite of services into a holistic business intelligence solution. Benchmark your business metrics with robust data reporting, artificial intelligence, and visualization features.
Python
Python empowers complex enterprise-grade software. This programming language offers extensive libraries for connecting data sources, visualizing, and processing tasks (NumPy, Seaborn, SciPy, and Pandas — to name just a few).
Our cross-industry BI expertise
Banking & finance
We help banking & financial organizations consolidate financial, accounting, staffing, and customer service software with BI data integration. Our team optimizes Power BI reporting to supply banks and other businesses with critical information on-demand and implement big data analytics for risk forecasting and fraud prevention.
Fintech
BI solutions will introduce more efficient data management and analytics in your fintech business. Use monitoring software, automation tools, and machine learning algorithms to segment your customers, track employee productivity, and manage payroll.
Insurance
Our team can implement artificial intelligence software and data mining techniques for your insurance company to automate claim management, invoicing, taxing, and reporting. With our BI services, you’ll be able to process and organize multi-format documents, monitor customers’ credit scores, and get automated alerts should fraudulent activities be detected.
E-commerce and retail
Integrate machine learning and big data analytics into customer relationship platforms to target each audience segment at the right time through the right channel. Get real-time inventory data, forecast costs, and predict out-of-stock for every product.
Healthcare
BI solutions implemented as part of BI services enhance data management in medical organizations. Data visualization tools help medical staff find necessary information faster, generate reports, and get notified about upcoming deadlines.
Energy
Business intelligence and analytics services empower businesses in the energy industry with smart metering and data mining. This optimizes energy consumption and equipment maintenance cycles.
Want to implement business intelligence in your organization? Partner up with a time-tested business intelligence service company!
Why choose devspiration?
Experience in BI projects
devspiration has nearly a decade of experience implementing enterprise-grade business intelligence projects. We know how to unlock the full potential of your data and take your own business intelligence tool to the next level.
Microsoft Certified Partner
Our company is a Microsoft Certified Partner. We foster a community of professionals laser-focused on the Azure and Microsoft.NET ecosystem and keeping track of its latest updates.
Strong tech competency
Our team brings together senior and middle software engineers who have been with us for over five years. We’re ready to leverage our BI expertise for the project you have in mind — from data visualization to predictive analytics software.
Client-oriented approach
As a client-focused business intelligence service provider, we assess your business needs first to ensure the results meet your data quality and other requirements.
Case studies
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See moreTestimonials
Will Strohl
СEO & Founder, Upendo Ventures
Before starting Upendo Ventures, I led the team at Hotcakes Commerce. At the time, it was a thriving commercial e-commerce platform built on top of the most popular ASP.NET CMS known as DNN. Hotcakes Commerce was rarely not seen in the top 3 selling extensions overall for DNN throughout its entirety as a commercial product. While it’s since been re-released as an open-source e-commerce solution, its popularity has not faded. This popularity is primarily due to the stability and high-quality features it’s boasted over the years. Many of these features were either built or started by the team at devspiration. With Hotcakes Commerce being at the core of what started Upendo Ventures and its continued success as one of our specialties, I can confidently say that the devspiration team has been a cornerstone of what sparked it all. I’d recommend them for all of your custom software needs. You can trust their attention to detail and expertise for all of your mission-critical software projects.
Artem Ruzak
Covizmo Partner
devspiration team helped us to develop a PDF parsing framework for our cloud based image inspection platform Azenzus. They accomplished this goal quickly and professionally. We enjoyed their proactivity, dedication and detail-oriented approach to software development. Highly recommend devspiration as a reliable technology partner for other businesses.
Robert Wells
CEO Allocable
devspiration partnered with our core development team and became an integral part of our engineering efforts on the first release of our SaaS product. They quickly adopted our in-house standards and culture, and provided cutting-edge development on new technologies that our team did not have expertise using at the time.
We are truly grateful how quickly they assimilated into our team and for the high level of attention and professionalism every team member provided.
Looking for a reputable business intelligence agency? We’re ready to support you throughout your BI transformation journey!
FAQ
1. What is the difference between business intelligence and data analytics services?
2. How long does it usually take to implement business intelligence solutions?
As part of our business intelligence services, companies get a detailed roadmap with timeframes for each implementation stage. The project timeline depends on your business needs, data quality requirements, and choice of technical stack. Before the implementation, we will assess your company’s needs to understand what kind of solution will solve your problems best and how to enhance the existing processes.
3. What processes can I improve with BI services?
BI software unifies actionable information across your datasets for easier data management, predictive analytics, and customizable reporting. You can study real-time and historical data to calculate risks, forecast trends, and personalize offerings to end users. BI tools we implement can automate analytical tasks, identify inefficiencies, and reduce human error. Finally, devspiration provides BI support services to maintain and upgrade your decision-making.
