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- Business intelligence (BI) platforms are important because they allow companies to easily and quickly turn data into valuable, practical insights. From there, businesses can find information about market trends and acquire competitive intelligence.
www.salesforce.com/uk/resources/articles/business-intelligence-platforms/
People also ask
Why are BI platforms important?
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A business intelligence (BI) platform is technology that helps businesses gather, understand, and visualize their data. It serves as the backbone of a company’s business intelligence strategy, which is how a company uses information to make better decisions.
Business intelligence platforms enable people to import, clean, and analyze data from databases, emails, videos, survey responses, and more. These data analyses provide mobile, desktop, and real-time business intelligence so decision makers can act on insights to improve their organization.
Business intelligence (BI) uses business analytics, data mining, data visualization, and data tools to help organizations make better data-driven decisions.
When considering the right business intelligence (BI) platform for your business, you need to consider a full spectrum of features and characteristics, not to mention as many platforms as you can find.
A business intelligence (BI) platform is a software system that helps businesses see all of their data in a single place. Users can quickly visualise and understand large volumes of data to make informed decisions.
The right business intelligence platform can help you make better business decisions, eliminate inefficient manual tasks, and increase revenue by understanding your customers’ behavior. However, building a robust, future-focused BI practice requires more than determination and an impressive toolset.
Nov 10, 2023 · Top Business Intelligence Tools for Beginners. 1. Microsoft Power BI. Power BI is a powerful BI tool that offers both a desktop application (which is free) and a cloud-based platform for sharing reports and dashboards.
