How can business intelligence (BI) be useful to your organization?
Business Intelligence is the concept of analyzing data in an organization to make informed business decisions. It helps organizations to make better decisions, with the help of their historical and current data, within their business context. This is also an excellent tool to perform competitor analysis as the business analysts leverage the business data to reveal performance benchmarks. Business intelligence is a comprehensive process that helps companies make smarter decisions driven by data.
How does business intelligence work?
Every business gathers a lot of raw data on its business activities. These data are kept in the data warehouses and are analyzed to answer business questions. The data scientist analyses the data by digging into the data specifics. They use advanced predict...