business intelligence analytic solution
TRANSCRIPT
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BUSINESS INTELLIGENCEAnalytic Solution
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INTRODUCTION
Business intelligence helps extract crucial facts from a vast amount of unstructured data and transform them into actionable information that enables companies to make informed strategic decisions, improving operational efficiency and business productivity. This actionable information provides crucial insights that reveal the underlying currents of customer behavior, their likes and dislikes, online shopping experience etc.
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IMPROVE BUSINESS PRODUCTIVITY
Businesses can channel their vital resources and workforce to foster business productivity as they need not divert their resources to business intelligence (BI) gathering work. Since all BI gathering work is handled by the BI team, it results in cost saving, time saving and efficient reporting supporting improved business productivity.
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CRUCIAL INFORMATION EASILY ACCESSED
Business intelligence provides crucial information to companies, improving their ability to make quick decisions and generating a competitive advantage.
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GOOD RETURN ON INVESTMENT
BI ensures stronger ROI as companies can significantly reduce costs, enhance revenue, improve margin, drive cost avoidance and much more. Also, BI ensure qualitative ROI such as improvements in business and process efficiency, employee productivity, better strategic decision making, customer satisfaction and much more.
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INFORMED DECISION MAKING
Reporting based on accurate and timely information helps companies measure the performance of their processes. Business Intelligence helps companies make informed decisions on strategic issues by providing crucial information on current and historical performance of the company along with future trends, expected demands, customer behavior etc.
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