Produce financial and market intelligence by querying data repositories and generating periodic reports. It goes without saying that in order to be effective in the workplace, business intelligence software needs to be carefully implemented – for example, issues such as how it will affect factors like a software licence need to be taken under advisement.
Core AI applications and techniques such as predictive analytics and machine learning have opened the door to a new generation within BI. Since AI can analyze massive quantities of data faster and deliver recommendations based on that data more effectively than before, a standard change is already happening, and its impact will be standardized across various verticals.
This course aims at providing an insight into the main principles, processes and tools to inform policy- and decision-makers accurately and to transform Big Data into results: identifying the broader strategic objectives and linking them to associated goals and success factors will eventually allow choosing the most accurate indicators and processing the right dashboards.
4. Not taking the time to understand their processes in advance, as well as understanding from your users how they would like to engage in Business Intelligence is it through visualizations or dash boards or reports for example where they could achieve real benefit apart from what they have to work with.
BI encompasses a wide variety of tools, applications and methodologies that enable organizations to collect data from internal systems and external sources, prepare it for analysis, develop and run queries against that data and create reports, dashboards and data visualizations to make the analytical results available to corporate decision-makers, as well as operational workers.