What is a common application of cloud-based analytics? 🔊
A common application of cloud-based analytics is in business intelligence. Companies leverage cloud analytics tools to collect, process, and analyze large datasets in real-time, enabling data-driven decision-making. These tools can provide insights into customer behavior, sales trends, and operational performance. By utilizing cloud technology, businesses can access advanced analytics without the need for extensive on-premises infrastructure, making it easier to implement solutions and scale operations as needed. Examples of such platforms include Tableau and Microsoft Power BI.
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