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Updated by tecchhworld on Jun 07, 2021
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Why Business Intelligence is Important for Your Business

Want to know about Business Intelligence and why do you need It? Below I've curated a few links which explain the benefits that BI (Business Intelligence) offers to businesses and help them to make better decisions.

Whether you're taking the first step of your Learning Management System (LMS) journey or have been at it for years, wanting a better way to train and measure learning was likely the motivation for seeking an online learning platform. From tracking progress and completion rates to setting learner notifications, smart use of learner data can optimize your training programs in profound ways.

This post explains the benefit that business intelligence can offer to your business & help you to take smart decision thereby to improve your business growth.

You’ve probably heard the saying, “work smarter, not harder.” That turn of phrase might as well have been invented for BI tools. Business intelligence software (BI) is comprised of a range of data analytics tools designed to analyze and manage data related to your business operations.

Business intelligence tools are helpful for companies to stay competitive and maximize revenue streams. Organizations at every size and stage use BI software to analyze, manage, and visualize business data. Here are ten benefits business intelligence software can add to any business.

Whether you're taking the first step of your Learning Management System (LMS) journey or have been at it for years, wanting a better way to train and measure learning was likely the motivation for seeking an online learning platform. From tracking progress and completion rates to setting learner notifications, smart use of learner data can optimize your training programs in profound ways.

There are many reasons why organizations adopt business intelligence and analytics tools, and many ways these solutions are put to work to benefit the organization. All projects, however, have the common goal to use business intelligence software to turn data into insights and action.

Many companies are data-rich yet information-poor. Thus, the benefits of business intelligence (BI) stem from how quickly raw data can be converted into usable information. Automating BI systems and processes is one of the best ways to optimize this golden ratio of efficiency.