Business intelligence processes help companies make informed decisions by enabling them to better manage their operations and performance.
Business Intelligence can be used for a wide variety of purposes, including market research, customer analysis, financial planning and analysis, operational efficiency and performance management. It can help companies identify trends, patterns, and relationships in their data. This helps create a strategic decision-making process and provides effective results.
Business intelligence applications include:
- Data visualization
- Reporting
- Predictive analytics and data mining
Competitive advantage
Companies that can effectively integrate business intelligence process management into their company structure can increase their profit margins with efficiency. This puts companies ahead of their competitors. In these processes, transactions can be carried out remotely, thanks to being able to manage them on a single platform.
Thanks to the advantages of using artificial intelligence in business intelligence processes, large amounts of data can be analyzed and reported in a very short period. Reports can be customized and shared with select stakeholders.
