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It doesn’t matter what industry you represent, but what matters is the access to quick information. Undoubtedly, in today’s competitive business world, the ability to use data and technology in real-time is one of the most important parameters to succeed. Data interpretation through storytelling.
BUSINESS INTELLIGENCE APPLICATION EXAMPLE SOFTWARE
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Analysis of the collected data by using comprehensive technological tools helps in getting actionable insights. It is also used as an umbrella term, which bundles business intelligence software along with other tools, applications and best practices used to collect intelligent business insights, analyze the information for optimizing overall business performance.īusiness intelligence depends on the process of business research to gather data. Importance of business intelligence in an organizationīusiness intelligence is defined as a process of collecting and processing business information to derive insights and make profitable business decisions.Business intelligence: types and methodologies with examples.