Business Intelligence (BI) is a crucial component for companies aiming to maximize their profits.
Without BI, it becomes challenging for companies to identify their highest profit potential.
Below, you'll find a comprehensive definition of Business Intelligence, its advantages, and illustrative examples.
What is Business Intelligence (BI)?
Benefits of Business Intelligence for Companies
- Enhancement of the value of organizational data and information.
- Facilitation of organizational performance measurement.
- Increase in the return on investment from existing information technology.
- Improvement of cost efficiency.
Skills a Business Intelligence Must Have