business intelligenceSoftware companies and their client businesses will converge on Denver for the Collaborate 13 technology conference in April, where InsightSoftware.com will talk businesses through some typical business intelligence issues and questions.

Business intelligence is a broad term that refers to software applications used to analyze and distill raw corporate data. InsightSoftware.com, a global provider of data services, will host sessions at the conference to help businesses figure out how to use this software to better analyze data and turn it into useful insights for the company.

InsightSoftware.com provides tools for Oracle and JD Edwards software, intended to improve productivity and information-sharing in areas such as finance, distribution, project management, management and manufacturing. The company supports more than 650 organizations in 120 countries.

At the conference, InsightSoftware.com’s Shannon Kreps, Oracle strategy and business development manager, will present a session to help businesses figure out whether their current business intelligence operations really meet the needs of their financial teams — and if not, how to improve them. Kreps can show businesses how to create a strategy that helps companies use their software without leaning too heavily on their IT teams for constant data communication.

But customers, too, will share their thoughts: A second session sponsored by InsightSoftware.com, will have customer Bryan Brewer of Womble Company talk about how his business improved its data usage. The session will focus on sharing best practices for using Insight’s reporting and scheduling systems to improve productivity.

Business intelligence is a growing field of study. Many universities now offer certificate, undergraduate and graduate degrees in business intelligence and data analytics. St. Joseph’s University, which offers a Master of Science in Business Intelligence (MSBI) degree, calls business intelligence “one of the fastest-growing fields in the world.”

To illustrate the industry’s growth, St. Joseph’s University quotes the U.S. Bureau of Labor Statistics’ information for management analysts — a position heavily involved with business intelligence — and notes a 24 percent growth in that field. Compensation, it adds, is high for these professionals.

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