What does 'business intelligence' use to make data-driven decisions? 🔊
Business intelligence (BI) utilizes various technologies and processes to make informed, data-driven decisions. It leverages tools such as data analytics, data mining, and visualization software to analyze historical data, identify trends, and present insights effectively. By gathering and processing data from different sources, BI enables organizations to understand their operations better, enhance strategic planning, and optimize performance. This ultimately leads to more informed decisions that can improve profitability and operational efficiency.
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