Information Technology Question
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Business intelligence (BI) refers to capabilities that enable organizations to make better decisions, take informed actions, and implement more-efficient business processes.
BI capabilities allow you to
Collect up-to-date data from your organization
Present the data in easy-to-understand formats (such as tables and graphs)
- Deliver data in a timely fashion to the employees in your organization
- BI keeps your organization in the know, and success depends in a large part on knowing the who, what, where, when, why, and how of the market. How popular are your products or services with consumers? What are your competitors doing? Why are consumers choosing one brand over another? How, and when, will the market change? What are the trends for the future?
- For your initial post in this discussion:
Based on your research and observations, how do BI solutions make the most of your data?
Based on your research and observations, what are the benefits an organization may achieve from using the right BI technology?
Respond to at least two of your peers.
Your responses should encourage a thought-provoking discussion. This means asking questions, providing further elaboration, including additional resources, and/or agreeing/disagreeing with strong reasoning. Be sure to respond first to a classmate that does not yet have a response from anyone else. Try to respond with at least 150 words or more.
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