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POSTED ON: January 6, 2020
Glossary

 

What is Business Intelligence (BI)?

It is the process of analyzing data and presenting actionable information that can be used by a business for better decision-making. BI encompasses data mining, process analysis, performance benchmarking & descriptive analytics which helps in presenting data in a more easy-to-digest fashion.

Business benefits of BI

  • Better customer satisfaction.
  • Reduced costs.
  • Increased revenue.
  • Improved data quality.
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