Understanding Business Intelligence (BI)
The act of gathering, processing, and evaluating data to provide insights that guide an organizationâs choices is known as business intelligence or BI. To assist firms in comprehending their data, BI analysts are in charge of creating and building BI solutions, such as data warehouses, dashboards, and reports.
A BI analystâs job entails tight collaboration with stakeholders from several departments, like as operations, marketing, finance, and IT. BI analysts must comprehend the unique data requirements of every department and convert those requirements into insights that can be put to use.
To fully use an organizationâs data, BI analysts should also keep abreast of emerging trends and technology in the area, such as cloud computing, natural language processing, and machine learning.
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