Become a data-driven organization, everyone knows the future is data-driven, yet how to properly structure and interpret your data into actionable progress may become a challenge
What is Business Inteligence?
Business intelligence (BI) refers to the process and technical infrastructure based on a software that collects, stores, and analyzes the data produced by a company’s activities throughout history.
Why your company needs Business Inteligence?
The importance of business intelligence grows exponentially as companies face flow of raw data and that challenges the finding of valueable insight from large volumes of information (big data). With business intelligence systems, your company could gain a comprehensive view of the organization’s data and translate it into real insights about processes and marketing enabling improved and strategic business decisions.
Business intelligence helps organizations analyze data with a historical context, optimize operations, track performance, accelerate and improve decision-making, identify and eliminate business problems and inefficiencies, identify market trends and patterns, drive new revenues and profitability, increase productivity and accelerate growth, analyze customer behavior, compare data with competitors, and ultimately gain a competitive advantage over rival businesses.
How Business Inteligences makes your companies smarter?
- Identify ways to increase profit
- Analyze customer behavior
- Compare data with competitors
- Track performance
- Optimize operations
- Predict success
- Spot market trends
- Discover issues or problems
Types of tools
- Spreadsheets
- Reporting software
- Data visualization software
- Data mining tools
- Online analytical processing
Would you like to learn more?
