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Current Trends in Business Intelligence and Its Strategic Impact

   

Added on  2023-06-18

7 Pages1654 Words73 Views
Data Handling & Business Intelligence
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Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Business Intelligence refers to the set of process by which enterprises use appropriate
strategies, technologies for analysing current as well as historical data. With objective of BI is
improving strategic decision-making process and also helping to gain competitive.
In this report, it is selecting the research article-“Realizing the strategic impact of business
intelligence utilization” as identifying the current trends in context of BI. It will review selected
research article and presenting actionable information to help managerial decision-making.
MAIN BODY
Current Trend in Business Intelligence
Big data Tools- business has been evolving from static manner, which have already
occurred to the proactive analytics with dashboard. This is not only helping business to identify
every second thing, but it will give an alerts when something is not how Business intelligence
solution supports (Patel and Sharma, 2020). In recently, the demand of real-time of online data
analysis platforms are increasing and changing the way of business operations. It also brings
uncountable large amount of data or information. Sometimes, it also promoting the statistical
analysis, management at the top most level.
Another important factor in future of Business intelligence trends related artificial
intelligence. It will be creating as realistic image and identify whether it is support or not in
business perspectives. For purpose of business performance sustainability, it is very important to
use the concept of online verification process. It is not only handling the complex processing but
it can be performed the task smartly, evaluate & break any kind of online security system. In
current scenario, it obvious thing to increase trend of Business intelligence technology. Data
security is one of the important aspect of organisation because it can be utilised the complex
operational tasks in step by step manner.
By using Business intelligence Tool, different companies are performing data discovery and
visualization process. It has been increased the impact on the business performance. BI
practitioners show that empowerment of users who have constantly adopted the new trend. The
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