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Business Intelligence in a Nutshell

Business intelligence (BI) leverages software to transform huge volumes of raw data into valuable information and help organizations make reasonable choices, grounded decisions, and define priorities.

Robust BI solutions employ business analysis, data mining, data visualization, and sophisticated data analytics technologies to spot market trends, provide market benchmarks, optimization possibilities, and unfold growth opportunities.

How BI Solutions Boost Performance and Growth

  • Measure and keep track of everything

    Capture and analyze your organization’s online and offline data streams in real-time via a single environment. Using data visualization, tailored dashboards, you can decompose complex goals, and shift employees’ focus on determinants that drive tangible results.

  • Business insight mining

    Analyze and benchmark organization operations, identify patterns, unobvious correlations, understand reasons for your ups and downs, reveal opportunities and threats. Through comprehensive data analytics, you can gather actionable insights on customer behavior, employees’ performance, suppliers, and partners interactions.

  • Trends capturing and forecasting

    Analyze historical and real-time data simultaneously for better estimation, resource planning, and rapid response to changing market conditions. In contrast to traditional analysis approaches, intelligent data analytics has much higher accuracy and faster response time which enriches you with up-to-date insights when relevant and applicable.

  • Self-service business intelligence

    Access data even without a tech background and create visually rich dashboards, insightful reports, custom alerts to detect anomalies and spot trends. Having quick access to up-to-date data in one place enables employees to use BI daily, make educated guesses, reduce time-to-insight, and eliminate IT or data analyst bottlenecks.

How We Can Help

Business Intelligence Implementation

Implementation or migration to a scalable and robust business intelligence solution that covers organizations data needs and operational challenges. BI systems act as unified sources of company data with integrated performance tracking, automated reporting, KPIs monitoring, and notifications to keep all employees on the same page and result-oriented.

Enterprise BI Systems Development

Building sustainable infrastructure around BI solutions, integrating data warehouses, establishing ETL pipelines for data storing and preparation. Embedding a BI functionality into desktop, cloud, web, mobile apps, and other systems. So, you get a complex and autonomous BI ecosystem specifically tailored to your company’s needs and industry peculiarities.

Modernization of the BI Software

Auditing and upgrading your existing solution with new data sources and formats, new capabilities, sophisticated data storages, and top-notch functionality. As a result, you receive accelerated data processing, more accurate business insights, better business overview, enhanced operational efficiency, and improved internal data democratisation.

Digital Products Analytics

Development of comprehensive analytics solutions to better understand how the users interact with your digital product or service. Visualization and analysis of behavioral data helps your team not only accurately calculate LTV and customer churn, but also identify impactful opportunities, optimize every step of your customer journey, and improve client retention.

Our Business Intelligence Services

  • End-to-end business intelligence development

  • Expand the in-house business intelligence capabilities

  • BI consulting on technology and architecture

We bring our profound expertise to handle all aspects of the BI development lifecycle—from the requirements stage to launch, maintenance and a market-ready business intelligence solution. With extensive domain knowledge across diverse industries, we create BI solutions tailored to your specific business needs, ensuring maximum value and ROI. 

We assemble a turn-key BI development team that strengthens your capacity, accelerates development, and shortens the payback time of the business intelligence solutions. We help shorten time to market and deliver an autonomous BI ecosystem specifically tailored to your company’s needs and industry peculiarities.

We use in-depth knowledge and business intelligence technology know-how to help you determine the most relevant approach, tools, and tech stack to meet your specific organization needs. From determining the right technology stack to recommending the most effective strategies, we are committed to delivering solutions that drive your business growth.

BI Solutions For Industries

    • Consumer segmentation
    • Fast-track reporting and insight mining
    • Visualization of marketing expenses and returns
    • Trend detection in customer behavior
    • Consumption patterns analysis
    • Demand forecasting
    • Customer retention and churn rate monitoring
    • P&L in-depth analysis and benchmarking
    • KPI and performance visualization
    • Detection of income trends and sentiment analysis
    • Risk management and clients profitability analysis
    • Expense and investment strategy analysis
    • Budgeting and financial forecasting
    • Patient demographics analysis
    • Personalization and patient needs prediction
    • Patient care performance analysis
    • Analysis of medical device data
    • Data-based provider alert and patient notifications
    • Analysis of medicine administration
    • Client segmentation and service personalisation
    • RFM-analysis and client preferences tracking
    • Smart SKU management and inventory analysis
    • KPI reporting and sales personnel performance tracking
    • Demand prediction, trend and seasonality analysis
    • Student success analysis and educational planning
    • Behavioral analysis, e.g. attendance and discipline
    • Budget efficiency analysis
    • Learning material demand and analytics
    • Educators’ academic load and performance tracking
    • Room occupancy and inventory planning
    • Digital customer journey mapping
    • LTV, retention and churn rate analysis
    • Cohort analysis
    • Users classification and segmentation
    • Spotting insights into how users use software and trends in their preferences
    • Mining of data-driven ideas for A/B testing
  • Marketing & Advertising

    • Consumer segmentation
    • Fast-track reporting and insight mining
    • Visualization of marketing expenses and returns
    • Trend detection in customer behavior
    • Consumption patterns analysis
    • Demand forecasting
    • Customer retention and churn rate monitoring
  • Financial & banking

    • P&L in-depth analysis and benchmarking
    • KPI and performance visualization
    • Detection of income trends and sentiment analysis
    • Risk management and clients profitability analysis
    • Expense and investment strategy analysis
    • Budgeting and financial forecasting
  • Healthcare

    • Patient demographics analysis
    • Personalization and patient needs prediction
    • Patient care performance analysis
    • Analysis of medical device data
    • Data-based provider alert and patient notifications
    • Analysis of medicine administration
  • Retail & eCommerce

    • Client segmentation and service personalisation
    • RFM-analysis and client preferences tracking
    • Smart SKU management and inventory analysis
    • KPI reporting and sales personnel performance tracking
    • Demand prediction, trend and seasonality analysis
  • Education

    • Student success analysis and educational planning
    • Behavioral analysis, e.g. attendance and discipline
    • Budget efficiency analysis
    • Learning material demand and analytics
    • Educators’ academic load and performance tracking
    • Room occupancy and inventory planning
  • Enterprise Software

    • Digital customer journey mapping
    • LTV, retention and churn rate analysis
    • Cohort analysis
    • Users classification and segmentation
    • Spotting insights into how users use software and trends in their preferences
    • Mining of data-driven ideas for A/B testing

Business Intelligence Development Process

Objectives and requirements

Our business intelligence consulting team delves into operational processes, data workflows, and organization structures to identify the BI system’s goals and use cases.

Solution design and tech stack

Based on the requirements, we draft a BI solution including architecture design, technology stack, necessary tools and 3rd-party integrations, custom elements, and how all the components interact.

Integration with data sources and storages

Our BI services experts analyze available data sources and formats, design APIs to obtain information and integrate it into the ETL workflow.

BI system architecture and development

Our team develops logical and physical architecture for data analytics, develops data visualisation interfaces and dashboards.

Integration in business and ongoing improvements

We smoothly incorporate a BI solution into your business environment, ensuring its performance, security, accuracy and perform system’s improvements if necessary.

Success Stories

We really care about project success. At the end of the day, happy clients watching how their application is making the end user’s experience and life better are the things that matter.

View all success stories

AWS-based BI Platform for Marketing Insights

Marketing & Advertising

Success Story AWS-based BI Platform for Marketing Insights image

SaaS Solution for Health Data Management

Healthcare

Success Story SaaS Solution for Health Data Management image

Data Analytics Platform for 3D Educational System

Publishing

Healthcare

Success Story Data Analytics Platform for 3D Educational System image
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Noam Shalit photo

Noam Shalit

COO at SafeRide Technologies Ltd

Craig Burris photo

Craig Burris

Director of Operations at CarSoup

Eric Spear photo

Eric Spear

SVP of Engineering at Cengage

Steve Berardelli photo

Steve Berardelli

Sr. Director of Engineering for MindTap

Mark DeJarnatt photo

Mark DeJarnatt

Chief Technology Officer at Sparkle Stories LLC

Jeremy Reither photo

Jeremy Reither

Consultant & Advisor at DemandSide

Technology Stack

FAQ on Business Intelligence Services & Data Analytics

01/

What is business intelligence consulting?

Business intelligence (BI) consulting services help establish a process of data aggregation and analysis to inform management decisions. Experienced service providers develop BI solutions that allow businesses to analyze valuable insights from internal company data, thereby improving efficiency and decision making. Enterprise business intelligence solutions allow to gain a competitive advantage and improve operations throughout the organization.

02/

What do business intelligence consulting companies do?

As a business intelligence solutions provider, we help businesses select and implement scalable enterprise business intelligence solutions that cover their data needs and operational challenges. NIX team analyzes data to produce financial and market intelligence reports. These reports are used to identify patterns and trends in a particular market that may affect the company’s operations and future goals. In addition, if a BI solution already exists that no longer meets business needs, the NIX team evaluates and modernizes the existing solution with new data sources, sophisticated data warehouses, and top-notch functionality.

03/

Who works on BI solutions?

The business intelligence team consists of a combination of project and program roles that encompass both specific BI initiatives and the overall management of the organization’s BI activities.

Usually, for efficient implementation for enterprise bi solutions, the business intelligence team consists of a BI engineer, business analyst, data architect, ETL engineer, and software engineer. The BI team is responsible for data discovery, data validation, and working with end users to identify business needs and requirements. The service provider performs the business intelligence consultation and customizes the team structure based on current business needs, organizational structure, the complexity of the implementation, and timeline.

04/

What is the difference between business intelligence and business analytics?

The main difference between business intelligence and business analytics is that the focus is on when events occur. BI prioritizes descriptive analytics, which provides a summary of historical and present data to answer “what” and “how” questions. BA focuses on predictive analytics using data mining, modeling, and machine learning to determine the likelihood of future outcomes. 

05/

Does business intelligence need coding?

Business intelligence requires coding for processing data to produce actionable insights. BI solutions help get actionable data at every step of the process. This includes applications for data preparation, analysis, data visualization, reporting, etc. Coding is used in the BI project lifecycle modeling and data warehousing phases. NIX is a BI service provider and after business intelligence consultation, we assemble a team based on your business needs, organizational structure and current challenges. 

Max Ushchenko

Max is our senior practice leader and evangelist for the “big triad” of machine learning, data analytics and data engineering, with a vast background in AI, BI services, and product management.

Big Data & Data Science Practice Leader

Max is our senior practice leader and evangelist for the “big triad” of machine learning, data analytics and data engineering, with a vast background in AI, BI services, and product management.

Eugene Rudenko

An AI Solutions Consultant with more than 10 years of experience in business consulting for the software development industry. He always follows tech trends and applies the most efficient ones in the software production process. Finding himself in the Data Science world, Yevheniy realized that this is exactly where the cutting-edge AI solutions are being adopted and optimized for business issues solving. In his work, he mostly focuses on the process of business automation and software products development, business analysis and consulting.

Applied AI & Data Science Solutions Consultant

An AI Solutions Consultant with more than 10 years of experience in business consulting for the software development industry. He always follows tech trends and applies the most efficient ones in the software production process. Finding himself in the Data Science world, Yevheniy realized that this is exactly where the cutting-edge AI solutions are being adopted and optimized for business issues solving. In his work, he mostly focuses on the process of business automation and software products development, business analysis and consulting.

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