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The world of business is moving with immense speed without any signs of break down or slowing. The businesses which are not in a position of taking advantage of the immense opportunities presented by technological advancements are left behind in this competitive environment. The lightning speed at which applications are used in the form of smartphones and tablets such as iPhones and iPads to avail of the incredible benefits of mobile business intelligence is growing every time. Though the solutions offered by mobile BI have been around for some years, the businesses have started utilizing their potential just recently. The ease of strategic planning, forecasting and decision making has made these solutions inevitable for the business needs. Mobile business intelligence is taking the accessing of data into latest and enhanced realms of alternatives. Salespeople and executives can now have the information related to the consumers at fingertips, thus avoiding any need of calling back to their offices or searching through the report heaps. This aids in taking quick and instant decisions by just viewing the information on the smartphones and closing sales deals. This happens due to better understanding and knowledge about the facts in a timely manner. It is a known fact that an employee who is knowledgeable is quite productive in work. This brings us to the question about are the companies in a position to adopt the immense potential and knowledge enhancement opportunities presented by mobile business intelligence tools. While the advantages offered by mobile BI are huge, there are some perils which still exist. The foremost concern is the issue of security. As the information is out from the firewall of the company, there are bound to be issues related to its security. The companies need to be capable of balancing the abilities of the technology for empowering their employees in adding the process of decision making without and kind of risk about hijacking of the information. The configurations of data security need to be done beforehand in regards to any applications of mobile business intelligence. For effectively using the benefits of mobile business intelligence, the company information needs to be accessible and accurate across the verticals. There needs to be a standard process in this regards and the data needs to be audited regularly for ensuring that the users receive timely and relevant information when needed. The factual nature of the information is important as otherwise no technology can be useful in the process of making informed decisions. With the opening of many horizons in the business world, it becomes imperative that the companies make timely decisions to stay ahead of competition.
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mobile BI, Mobile business intelligence, Mobile business solution, Mobile intelligence,
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