What Are Business Intelligence Solutions?

What Are Business Intelligence Solutions?

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Business intelligence solutions are software applications that transform large amounts of data into a form that can be understood and from which insights can be drawn to make tactical and strategic business decisions.

These tools access and analyze data sets and provide patterns and other findings that are presented in the form of charts, summaries, maps and other representations to provide the user with detailed information about the state of the business. Business intelligence refers to a range of tools that provide quick and intelligible insights about a businesses function based on the data analyzed. Reporting is the central facet of this software and is provided in the form of a dashboard that synthesize available data and provide various views of it based on the parameters a user sets. While this software does not provide specific answers to the question of what should be done, it does identify trends that can be used to inform these decisions.

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