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Business Intelligence and Performance Management

Author

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  • TANASE, George Cosmin

Abstract

Globalisation, volatile markets, legal changes and technical progress have an immense impact on business environments in most industries. More and more IT is deployed to manage the complexity. As a result, companies and organisations have to handle growing volumes of data which have become a valuable asset. The ability to benefit from this asset is increasingly essential for business success. Therefore, fast storage, reliable data access, intelligent information retrieval, and new decision-making mechanisms are required. Business Intelligence (BI) and Performance Management (PM) offer solutions to these challenges.

Suggested Citation

  • TANASE, George Cosmin, 2015. "Business Intelligence and Performance Management," Romanian Distribution Committee Magazine, Romanian Distribution Committee, vol. 6(3), pages 24-27, September.
  • Handle: RePEc:rdc:journl:v:6:y:2015:i:3:p:24-27
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    File URL: http://crd-aida.ro/RePEc/rdc/v6i3/4.pdf
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    More about this item

    Keywords

    Data storage; Relevant knowledge; Analytic tools; Communication; Target values; Operational level; Business strategy; Holistic approach; Enterprise Performance Management;

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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