Business Intelligence
Business Intelligence (BI) refers to a strategy which comprises a set of tactics including collection of a company’s raw data, analysis of data, storing the important data of the company, searching the hidden useful data, making the strategies for the company to take the right decisions for the growth of the company. When a business organization is unable to collect, store and analyze their previous data in the real time they might be unable to take the necessary and significant decisions for their company which may lead their company to a huge loss which can be sometimes difficult to overcome with.
This way business intelligence technology becomes very significant for the companies which are somehow unable to manage and analyze their collective data and desires a continuous growth for their businesses. These companies need such pairs of hands which can handle the process of data mining, analyzing, storing, management of business performance and making the perfect strategies by converting the data into the biggest asset of the company to make it usable in increasing the companies growth.