Business Intelligence Software the Complexity Research Paper

Another advantage provided by Oracle business intelligence software is represented by the fact that such products are built in order to transform financial management processes. This is useful in order help companies adapt faster to the financial challenges that the business environment provides.

Also, the company's business intelligence products are guaranteed to deliver consistent and reliable insights, as characterized by the company. This is intended to facilitate the actions taken by companies that use these products and to improve them.

However, the main benefits of Oracle's business intelligence products consist in the fact that it helps companies to lower their costs. In addition to this, such products reduce the complexity of the company's systems, which further leads to improved efficiency.

Oracle's Enterprise Performance Management system is a very complex one that addresses Financial Performance Management, Transactional Systems, and Operational Business Intelligence Systems.

The company's business intelligence products are intended to help companies become insight-driven enterprises, which is expected to create value and competitive advantage in manners that the competition does not address.

The company's products address a series of issues that other products from competitors are unable to solve. For example, given the fact that the company's products rely on, multiple application product lines, companies that use these products are therefore able to provide their customers better insight in order to suite their multi-application environments.

Oracle's products provide comprehensive solutions like:

a) fast deployment

b) fast time-to-value

c) low TCO

d) enterprise-wide, cross-value chain intelligence

These products also provide pervasive intelligence that is further translated into:

a) embedded fast practices by function and role

b) guided analytics and best practice analytic workflows

The products also provide integrated and hot pluggable, like:

a) integrated with Oracle applications

b) built on open, leading BI platform

c) easy to adapt and extend

d) leverages existing IT investments

Recommendations

The challenges provided by the business environment that must be addressed by companies raise serious problems for these companies, given the fact that they require assistance in order to solve them. This assistance is represented by business intelligence software.It is recommended that the company does not take into consideration the price of such products, given their important benefits towards improving the company' activity. Therefore, it is recommended to purchase the produces provided by Oracle. This is because Oracle's business intelligence tools provide a series of benefits in comparison with competitors' products.

In addition to these high quality products, the company also provides a series of services that are intended to help customers apply these products efficiently. The fact that Oracle intends to become the leader in this industry represents a proof of the company's intention to develop and implement high quality products for potential and existing customers.

The company also develops business intelligence products that are built on visions and approaches that are innovative for this business sector. Therefore, companies that purchase and use Oracle's products can create competitive advantage that can be used in order to gain market share.

Reference list:

1. King, R. (2009). Business Intelligence Software's Time Is Now. BusinessWeek Magazine. Retrieved September 20, 2010 from http://www.businessweek.com/technology/content/mar2009/tc2009032_101762.htm.

2. Annual Report (2010). Oracle. Retrieved September 21, 2010 from http://www.oracle.com/us/corporate/investor-relations/financials/10k-2010-152558.pdf......