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2. Introduction
Objective: To explore the transformative
power of Business Intelligence and
Analytics services in driving data-driven
decision-
making for businesses.
Agenda:
a.Understanding Business Intelligence
and Analytics
b.Benefits of BI and Analytics
c.Key Components of a Successful BI
Strategy
3. Business Intelligence (BI)refers to the
technologies,processes,and tools that help
organizations collect,analyze,and present
business information to support strategic
decision-making.
Features:
Data Collection
Data Analysis
Data Visualization
What is Business Intelligence?
5. resource
enhance
1
. Informed Decision-Making: Data-driven insights
enable more accurate and strategic decision-
making across all levels of the organization.
2. Competitive Advantage: Gain a competitive edge
by uncovering market trends and customer
behaviour that competitors might miss.
3.Resource Optimization: Optimize
allocation, reduce inefficiencies, and
operational performance.
4.Improved Customer Experience: Understand
customer preferences and behaviours, leading to
better-targeted products and services.
5.Risk Management: Identify potential risks and
opportunities, enabling proactive risk
management strategies.
Benefits of BIand
Analytics
6. Key Components of a Successful BI
Strategy
1.Data Collection and Integration: Gather data from
various sources,ensuring accuracy and consistency.
2.Data Warehousing: Store data in a centralized repository for
easy access and analysis.
3.Data Analysis Tools: Implement advanced analytics tools for
thorough data examination.
4.Data Visualization: Create visually appealing dashboards and
reports for easy understanding.
5.User Training and Adoption: Train employees to effectively
use BItools and encourage adoption.
6.Continuous Improvement: Regularly refine the BI strategy
based on feedback and changing business needs.
7. Business Intelligence and Analytics are
pivotal for making informed decisions in
today's data-driven landscape.
By leveraging data effectively, businesses
can unlock new opportunities, streamline
operations, and gain a competitive
advantage.
Embrace the power of BI and Analytics to
drive success in a rapidly evolving business
environment.
New ways of working and integration
Conclusions