Business intelligence is the act of processing and using data that your company has acquired. It doesn’t matter how many employees you have, how many sites you have, or how many clients you have--your company can stand to benefit from implementing business intelligence in some way. Here are some of the finer details that can help you better understand the unique benefits provided by business intelligence.
When you think about Big Data, thoughts typically turn to how businesses use the technology to collect and analyze massive amounts of information for the purpose of making sweet profit. Although, there's much more to Big Data than making money; scientists are using the technology to help save the rainforest.
IT requires several factors in order to function properly. First of all, it can’t exist without information, and this information can’t exist without data. Technology is what creates data so that your company can take advantage of changes in the industry and business environment. It might seem like a lot to take in, but understanding the flow of data is necessary for a business owner. Otherwise, you won’t be able to take advantage of it to jumpstart sales and profitability.
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