Having a scalable and profitable business is a basic requirement in this day and age. And when it comes to online business it becomes more of an indispensable necessity. If you are an online business owner then this blog is for you. We cover topics like business intelligence, competitor price monitoring, and web content extractor in this article. So, keep on reading to know more.
Business
intelligence is about applications, techniques, and practices that transform
raw data into insightful data which helps in driving cost-effective business
decisions. Business intelligence consists of data analytics, data mining, data
visualization, and web content extractor tools. so Business intelligent systems
are termed Decision Support Systems which offer a view of the organization’s
data.
It
has a direct effect on organizations’ strategic decisions as well as
operational decisions.
Types Of Business Analytics Tools
Here’s
a look at some business intelligence and data analytics tools:
- BI Dashboards
Business intelligence dashboards are data visualization tools that display the key performance indicators, status of business analytics metrics, and important data points for any organization. A contemporary dashboard has a customizable interface along with the ability to extract real-time data from several sources. The dashboards have become a part of the leading cloud analytics platforms. They are touted as crucial web data solutions and tools for businesses to derive immediate and long-term insights. This enables them to make well-informed decisions.
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