What is Business Intelligence?
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Business intelligence (BI) is the process of transforming raw data into useful information that can be used to make business decisions. BI utilizes data warehouses, analytics, reports and dashboards to extract insights from data and provide information on key business metrics like profitable customers, underperforming products, and areas for cost cutting. The goal of BI is to support better, facts-based decisions that can improve business profits.
What is Business Intelligence?
- 1. WHAT IS BUSINESS INTELLIGENCE? by Eleonora Ivanova
- 2. Business intelligence Simply a combina2on of business acumen and nerdiness? Not quite Eleonora Ivanova 2
- 3. What is Business intelligence? Theories Methodologies Processes Architectures Technologies From raw data to informa2on for business decisions. Eleonora Ivanova 3
- 4. What informa2on can BI provide? Which of our customers are most pro鍖table? Who are our customers? Which of our products are making loses? Where can we cut costs? Eleonora Ivanova 4
- 5. How does BI work? By means of Data warehouse Analy2cs Report Dashboard Eleonora Ivanova 5
- 6. Why to use Business Intelligence? Data Informa2on Knowledge Decisions Pro鍖ts Do you agree? BI helps you make pro鍖ts. Eleonora Ivanova 6
- 7. Judgments and decisions should be based on facts. This is the purpose of Business Intelligence. Never believe without facts! Eleonora Ivanova 7
- 8. Facts by The Economist Eleonora Ivanova 8
- 9. Business Intelligence Make quicker and easier decisions with beVer informa2on. Eleonora Ivanova 9
- 10. And as we could see, it is hard to overstate the value of good informa2on for business decisions. Eleonora Ivanova 10