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The impact of BI services in the contemporary world has been extraordinary as the technological world makes grand steps towards making life easier. Subscribed to by almost over half of the world's population, BI services enable a subscriber a wide range of benefits. To begin with, is the networking aspect that comes with faster and efficient data transfer and ease of communication. Also, it provides avenues for people to share ideas, communicate and generally improve outlooks of their businesses and interactions. The collaboration of entertainment and serious business is part of the package that comes with bi services. Social networks such as twitter, facebook and the impact of blogs in the world today ensures that one is earning a living and entertaining oneself at the same time. People meet with their opportunities in an informal setting where people tend to be more responsive. Lower human resource costs are guaranteed. People accessing one through online application are often apt to the job specification and time to analyze their capabilities is saved. The linkage costs assumed in businesses like offices, employees adapting to protocol and new technology is low as the employer knows beforehand what he or she needs and picks it with the aid of real time communication. Competition is present as all products play a significant role in the global economy. Provision of almost similar products and diverse marketing techniques enables healthy and cut throat competition for better growth of companies and individual skills. Reduced security risks are an added advantage. Real- time checking of data coupled with service oriented architectures and using data external to the business organization ensure safer data transfer and accountability. The ease of finding information on anything that a person desires is a welcome change. Knowing that what one has access to is the right information aids in faster business transactions and ultimate growth of bi service industry worldwide. There are a variety of service providers that enable people to access bi services. Some of these service providers include of Accenture, Capgemini, Cognizant, CSC, TCS, Bearing point, Deloitte, PwC, CGI, Logica, HP,DELL, IBM, KPMG, Wipro and Infosys (India). Taking the example of Deloitte, this company has attachments with different vendors in the world and there services have exist to aid the client solve technological issues. They have relations that cut across a variety of industries, that, together with the amount of capital generated from their various investments aid in ensuring proper client assistance through global delivery and application maintenance. Over the past few years, Deloitte as a company has bought quite a number of companies like Oco and continues to invest globally, thus making it a credible force in the field of computer and technology. Accenture, much like Deloitte and characterized more specifically by outsourcing is a reputable service provider. In matters of products and services, in the recent past, Accenture has acquired Cadence Quest with innovative members building their own software leading to questions that has to do with conflicts of interests, unfair competition and service provision. Either way, Accenture still remains a force to reckon with in the bi service industry. HP brings to the table combined software and services play to clients who have access to its world-class global outsourcing services. Services offered have to do with operations management solution for retail, care management solution for healthcare, and digital oilfield intelligence for oil and gas. HP also has focused business domain solutions, including social intelligence for customer management, supply chain visibility, and risk management. Infosys caters for a wide range of client needs, inclusive of consulting, technology implementation, and support services. Infosys list of alliances include Oracle, SAP, SAS Silver Alliance, IBM among others. Wipro, Cognizant and lnfosys, big wigs themselves, have earned the title of shifting growth fiscal opportunities from multinational co-corporations. Their hiring techniques and the ease of innovation are making them grow reputable even beating Accenture and Deloitte. The world as we know it has a lot to thank these companies for. Despite the challenges they face such as stiff competition, dynamic client ratings, a comprehensive bi service environment complete without hitches, and the pressure of constant upgrade due to enterprise software and applications, they retain their ability to provide. Author Bio: Sumit Srivastava is an online marketing expert with more than 6 years of experience in 360 degree online marketing with a passion for innovation & brand strategy, digital marketing, BI & Analytics , business intelligence, Social Media and web analytics.
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