Business Intelligence
Business intelligence (BI) processes monitor and analyze business transaction processes to ensure that they are optimized to meet the business goals of the organization. These goals may be operational goals that affect daily business operations, tactical goals that involve short-term programs such as marketing campaigns, or strategic goals that entail long-term objectives like increasing revenues and reducing costs.
This is a kind of predictive analytics which helps to give idea about most critical factors affecting the growth. Business intelligence is proved to be beneficial in decision making. We analyze all data like orders, inventory, accounts, and point of sale transactions and also of customers.
Key Performance Indicators is a term used in business intelligence. KPI are the metrics reflecting strategic performance of an organization. It is needed for the evaluation of current business performance and also in making action plan for further growth. These factors are found......
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