Adopting these data-driven business solutions can help make your organization more resilient to the negative impact of the pandemic. We anchored it on the software’s purpose while exploring other pertinent areas, such as what it is and what it can do for your business.įor a comprehensive look at this type of software, you can head over to our in-depth analysis of business intelligence and learn more about its features, types, and pricing.īusiness intelligence refers to the tools, technologies, applications, and practices that are used to collect, integrate, analyze, and present an organization’s raw data to create insightful and actionable business information. It focuses on the common questions asked by new BI users.
If you are starting your journey into the world of business intelligence (BI), this helpful guide is for you.
Business intelligence definition and solutions software#
These include business intelligence software (BI)-a type of application that gathers, retrieves, analyzes, transforms, and reports on key data to help companies in making business decisions.
Many are also turning to digital technologies to remain competitive in the new normal. When the coronavirus pandemic happened, organizations all over the world had to act quickly and shift their operations online. Companies also use business intelligence to cut costs, identify new business opportunities, and spot inefficient business processes.
The purpose of business intelligence in a business is to help corporate executives, business managers, and other operational workers make better and more informed business decisions.
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