Category: Business Intelligence

What are the 4 Types of Business Analytics?

  What Are the 4 Types of Business Analytics? Did you know that the estimated total value of the business analytics software market is projected to be worth over $57 million by 2023? With numbers like these, it's clear that business analytics have earned a crucial spot in the modern-day business world. This article highlights the importance of business analytics, highlighting how it can be used to enhance any type of business operat...

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The Five Stages of Business Intelligence (BI)

Did you know that the global business intelligence market is estimated to be worth over $29 billion in 2021? The industry shows no sign of slowing down either, as the global business intelligence adoption rate is estimated to be around 26 percent. Plus, experts are predicting that the global business intelligence market will be worth over $54 billion by 2028. With massive numbers like these, it's clear that BI has earned a huge place in the mo...

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Enterprise Business Intelligence

What Is Enterprise Business Intelligence (BI)? Enterprise Business Intelligence (BI) is a set of tools and processes for analyzing data from business operations for companies to gain a competitive advantage. Analyzing data in this way reveals opportunities to improve customer satisfaction, increase revenue, and raise profit margins. According to Tech Jury, 56% of organizations leveraged BI in 2020 and reported faster and more effective deci...

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Real-Time Data : 5 Examples of How it Improves Efficiency

Delayed decisions cost money, which is why businesses strive to act fast. The trouble is, when research is rushed, decisions about contracts, development, and even sales and support rarely work out as well as they could. That's why real-time data analysis is so powerful. With real-time data analysis, businesses can unlock insights from information they already have, and they can do it in a way that's accurate, fast, and accessible. While bu...

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