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Emerging Trends and Impact of Business Intelligence & Analytics in Organizations: Case Studies from India

   

Added on  2023-06-18

7 Pages1567 Words201 Views
DATA HANDLING AND
BUSINESS INTELLIGENCE

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1

INTRODUCTION
Data handing is one of the most important part of an organization that helps companies in
ensuing that their data is accurate, stored securely such that the main business objectives of an
organization are achieved in an adequate and appropriate manner. this assessment will be
focusing upon evaluation of current trends in data warehousing, business intelligence and data
mining.
Research informed literature:
Business intelligence and analytics refers to umbrella term, which includes the
infrastructure, tools and the applications and best practices which enable the companies to access
and analyse the information for improved and optimized performances and decisions. As per the
views of author, business intelligence and analytics is an emerging trend as evaluating its
effectiveness to understand the value of its management investments and actions as well.
Investing in analytics in important as it has become a means to improve the business
performances. These processes make the organizational processes more efficient and effective.
Business intelligence and analytics have dual approach which involves strategic values and
operations values. However, the success in business intelligence and analytics is complex and
depends upon the capability of the company to harness the multiple resources including data in
business context simultaneously. Although it is not clear how the business intelligence and
analytics help in enhancing an organization's performance, but it plays a pivotal role in value
creation.
KNOWLEDGE AND UNDERSTANDING OF SUBJECT
Analysis of emerging trends of Business intelligence and analytics in organization Article
it was identified that Business intelligence and analytics plays a vital and most important role
within organizations. It was well understood that both Business intelligence and analytics has
directly impacted decision making and overall performance of organizations. Due to this, its
importance for organizations has increased drastically and as a result various kinds of resources
are required to be adopted by organizations (Božič and Dimovski, 2019). Today most of the
organizations are using data warehousing, data mining and BI as an important part of business.
In fact, it has become an integral and necessary part of an organization.

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