It’s not one single tool, but a variety of resources that all collect, crunch, and sort data.
Business Intelligence is a successful companies’ secret weapon: this technology lets them use their knowledge to achieve better business performance. Business Intelligence originally came about to transform data into information for useful decision-making.
Business intelligence (BI) combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions. tools are types of application software that collect and process large amounts of unstructured data from internal and external systems, including books, journals, documents, health records, images, files, email, video, and other business sources. BI has had a strangled history as a buzzword.
Get fast and accurate reporting including valuable business insights, competitive analysis, and better data quality. This will enable your organization to see an increase in customer satisfaction by identifying key market trends. Increase the organization’s revenue by ensuring that operational efficiency is improved through making accurate decisions.
Be in a position to analyze internal and external information coming from different sources and systems, increase analytical and reporting capabilities as well as make reliable future projections based on real data