Analytics the importance of business intelligence

Bi (business intelligence) or business intelligence is a concept. That interests you if you want to improve decision making in your company. No matter the size of your business, even if it is an sme. Big data and solutions like microsoft’s power bi are useful to increase its profitability. In this article we explain everything regarding bi and analytics . We show you exactly what these concepts are. And why you should take them into account to improve your business. In addition, we briefly talked to you about power bi, the business intelligence solution provided by microsoft. Bi and analytics: what exactly are they? Bi and analytics are two closely related concepts. Business intelligence. Bi or business intelligence is a technique that combines various tools. To help companies make better decisions, always based on reliable data.

If we put this explanation into practice

A company manages to have a generalized view of its operation thanks to big data , or in other words. All the data it has stored and processed, coming from different sources. The result of having an optimal vision of information translates into more effective company management. If we use a comparison, making decisions without having applied bi. And analytical techniques Iran WhatsApp Number Data could be compared. To moving around a house that we do not know completely in the dark. If we want to go from one room to another. Sometimes our decisions will be right and other times not. Applying business intelligence in a company is like turning on all the lights in the house. It allows you to choose the path between two points faster and avoid possible obstacles along the way. In short, bi and analytics shed light with accurate data to run a business with the best decisions. Having all this information is essential to determine the direction. Eliminate inefficiencies and quickly adapt to possible market changes.

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Four characteristics of bi

Therefore, analytics that you should know business intelligence , as we know it today, offers notable benefits to those companies that apply it. These four features of this technique reveal its advantages. Quick inquiries for information at any time business intelligence tools include query systems so that Cambodia WhatsApp Number List any. User can obtain the information they need at the right time. These requests can be expressed with natural language. Data collection business intelligence is based mainly on the collection. Of data obtained from different sources. These are then analyzed and prepared for analysis. Statistics and graphs statistics and graphs are the essence of bi and analytics. They are graphic models to visualize information and can be customized with. An infinite number of variables to adjust them to the needs of the business.

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