POWERFUL BUSINESS INTELLIGENCE TOOLS FOR DATA ANALYSTS IN 2021
The data-driven method for understanding your company is business intelligence, so you can make better decisions based on real-time insights. Business intelligence, or BI, has become a common term across industries that include different processes, instruments, and methodologies that allow businesses to capture, evaluate, and respond better to key questions. Business intelligence has grown over the past few years to incorporate more processes and practices to help boost efficiency. Those mechanisms include: Data mining: To discover patterns in massive datasets, using databases, statistics, and machine learning. Reporting: Discussing the study of data with stakeholders to draw conclusions and make decisions. Performance metrics and bench marking: Contrasting current performance data with historical data, usually using personalized dashboards, to monitor performance towards objectives. Descriptive analytics: To find out what happened using preliminary data analysis. Querying: BI pu...