article thumbnail

What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

article thumbnail

Are SMBs invited to the business intelligence (BI) party?

CIO

Executive leaders of small businesses and startups frequently lament that they lack the same access to data and insights that enterprise competitors and other more entrenched players enjoy. The solution: business intelligence tools While mindset is a difficult obstacle to overcome, technology and budget are easier ones to surmount.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Big Data Offers Tremendous Benefits to Business Intelligence Solutions

Smart Data Collective

Business intelligence can help you gain a more accurate perspective on how your business is performing using key performance metrics. By 2023, 33% of companies will practice decision intelligence. Are you looking to use business intelligence to optimize business and security operations?

article thumbnail

5 Ways Layered Navigation Improves Business Intelligence Strategies

Smart Data Collective

Big data technology has had a number of important benefits for businesses in all industries. One of the biggest advantages is that big data helps companies utilize business intelligence. Companies are finding more creative ways to employ data analytics to improve their business intelligence strategies.

article thumbnail

Huge Benefits of Business Intelligence for Your Company

Smart Data Collective

Introduction: What is Business Intelligence? Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. ” Many companies realize the power of BI to improve their business results. They are taking advantage of a number of BI tools.

article thumbnail

What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 top 5 key platforms that control the future of business intelligence impacts BI may have on your business in the future.

article thumbnail

Agentic AI: 6 promising use cases for business

CIO

Agentic AI will integrate smoothly with ERP, CRM, and business intelligence systems to automate workflows, manage data analysis, and generate valuable reports, says Rodrigo Madanes, global innovation AI officer at EY, a consulting and tax services provider. A handful of use cases have so far risen to the top, according to AI experts.

Business 783