Which technology allows businesses to harness analytics for decision-making? 🔊
The technology that allows businesses to harness analytics for decision-making is business intelligence (BI) solutions. BI tools process large volumes of data to derive actionable insights, facilitating strategic planning and enhancing productivity. They utilize data visualization, reporting, and dashboard features to present complex data in a user-friendly format. By analyzing historical data, businesses can make informed choices, optimize operations, and predict future trends, thereby gaining a competitive edge in their industry.
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