Bangalore: Provider of IT solutions for the hospitality sector, IDS Softwares Pvt Ltd, has announced the launch of a new business intelligence tool that is said to ease decision-making.

"This dynamic tool empowers decision makers with enterprise wide key performance indicators (KPIs) in a single, highly intuitive view for informed decision-making process," the company said in a communiqué.

The company says, the new tool, called Fortune Analytix, empowers users with real-time proactive alerting, based on business logic through a merger of real-time online analytical processing (ROLAP) and dynamic dashboard reporting.

Fortune Analytix helps in maintaining transparency in performance and enterprise-wide operations from one "information rich dashboard" by combining data from various modules across the enterprise to create an intuitive, multi-dimensional dashboard report.

It helps users by providing flexible information on any future or past data and drill down into the underlying information enabling quickly analysis of past trends and statistics without having to go through the rigours of complex data mining.

With the new tool users can set up their own KPIs for monitoring by subscribing to reports and alerts and setting them for proactive delivery via email or SMS. Fortune Analytix scans and monitors the database for each user and can initiate a proactive distribution-based on schedules, business events or business logic.