Business analytics (Business Intelligence - BI)
Business intelligence enables companies to understand the complexities of their business in a clear and quantitative way.
Business Intelligence - BI
Business analytics transforms raw data into strategic insights, enabling company management to make smarter decisions.
Business analytics is a Positive service that uses a range of technologies, applications, and practices to turn raw data into meaningful information that drives profitable business decisions.
The BI process involves collecting data, analyzing it, and presenting it through dashboards, reports, and visualizations, providing companies with a detailed view of their operations.
![plus sign](https://positive.rs/wp-content/uploads/2024/02/008-slicica-cesta-pitanja-plusic-sa-upitnikom.png)
What does the business analytics process look like?
Gathering Data
from various sources to create a complete picture of the business. This allows for an understanding of different aspects of the company.
![plus sign](https://positive.rs/wp-content/uploads/2024/02/008-slicica-cesta-pitanja-plusic-sa-upitnikom.png)
What does the business analytics process look like?
Data Processing and Analysis
Identifying patterns and trends that are not easily noticeable. This provides deeper insights into the business and helps uncover hidden opportunities.
Data Visualization
Creating dashboards and reports that simplify complex data. This makes understanding complex data easier and improves communication within teams.
Prediction and Optimization
Using analytical models to predict future trends. This enables proactive responses to market changes and business improvements.
Decision Support
The information obtained through BI is used to make informed decisions. This increases efficiency and competitiveness, leading to stable and sustainable company growth.
By applying BI, companies can enhance their competitiveness, better understand customer needs, and achieve significant improvements in efficiency.
Leverage the power of business analytics for detailed analysis and visualization of data
and visualize data in detail and make smarter, fact-based decisions.
Related Pages
Microsoft Tools
Microsoft 365 is a comprehensive set of tools that facilitates collaboration, communication and business in the cloud environment.