What does "business intelligence" refer to in data analysis? 🔊
"Business intelligence" refers to the technologies and processes used to analyze data for informed decision-making within organizations. It encompasses a range of tools and applications that enable data collection, analysis, and visualization, allowing businesses to identify trends, track performance, and gain insights into customer behavior. By utilizing business intelligence, organizations can make data-driven decisions that enhance operational efficiency and strategic planning, ultimately improving competitiveness in the market.
Equestions.com Team – Verified by subject-matter experts