What is Business Intelligence (BI) & Visualization

BI involves the collection, analysis, and presentation of data to inform business decisions. This process typically involves extracting data from multiple sources, transforming it into a usable format, and analyzing it using statistical methods.

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Visualization is the process of representing data in a visual format, such as charts, graphs, and maps. This makes it easier to understand complex data sets and identify trends and patterns.

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BI and visualization are often used together to create dashboards and reports that provide real-time insights into business performance.

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BI and visualization can be used to identify trends and patterns that might not be apparent from looking at individual data points. This can help businesses make more informed decisions.

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BI and visualization can be used to track KPIs (Key Performance Indicators) and other metrics, enabling businesses to monitor their performance and make data-driven decisions.

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BI and visualization can be used to identify areas of the business that are underperforming, allowing businesses to take corrective action.

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BI and visualization can be used to improve communication within the business by presenting data in a way that is easy to understand and share.

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BI and visualization can be used to support strategic decision-making by providing insights into market trends, customer behavior, and competitor activity.

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