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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?

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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.

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Global SMEs Adopt New Business Intelligence Initiatives During COVID-19 Crisis

Smart Data Collective

In response to the global Coronavirus pandemic, businesses are adopting a series of new, innovative digital technologies. Business intelligence is emerging as a new point of differentiation to help them stand out amongst their competitors. Business intelligence has changed the nature of company engagement in countless ways.

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Get Ready For These Six 2020 Business Intelligence Trends

Smart Data Collective

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade.

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Business Management Systems for Data-Driven Businesses

Smart Data Collective

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, running a data-driven business isn’t always easy. You are going to need the right infrastructure in place.

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Embedded BI Tools Bring Huge Benefits to Business Applications

Smart Data Collective

Business intelligence has made a huge mark on the world of business. According to Fortune Business Insights, businesses spent around $24.05 However, many workplaces are still trying to figure out how to leverage business intelligence effectively. billion BI solutions in 2021.

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Better, faster decisions: Why businesses thrive on real-time data

CIO

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Customers have too many options.

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