What does "business intelligence" involve? 🔊
"Business intelligence" involves the process of collecting, analyzing, and presenting data to assist organizations in making informed business decisions. It encompasses a variety of data analytics tools and applications that transform raw data into meaningful insights. Techniques like data mining, predictive analytics, and data visualization are commonly used to interpret trends and performance metrics. The ultimate goal is to empower stakeholders with actionable information, thereby enhancing strategic planning and operational efficiencies.
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