Business intelligence (BI) is a powerful tool that helps organizations make sense of ever-increasing amounts of data. It can be used to predict customer behavior, increase operational effectiveness, and identify new business opportunities. The following examples demonstrate how business users can use BI to their advantage. Using BI can help organizations make better decisions about their products and services.
BI is a tool for making sense of ever-increasing amounts of data
BI tools pool data from many sources and deliver views based on queries and analytics. They are not confined to the IT department, and anyone in the company can access and analyze this data. These tools are a key part of the new analytics paradigm.
Business intelligence (BI) systems analyze large, raw data sets to uncover trends, identify patterns, and predict future outcomes. Some of these insights can inform marketing strategies, future planning, and other business decisions. One prominent …