Business intelligence is one system whose role is to gather all the company's data and provide information following a certain query, thereby helping the managers of the organization to understand things more clearly about the organization and the people who work in it and to make decisions accordingly.
Business intelligence known by the acronym BI is essential for any business or company striving for success. This is a new field that has developed in the last decade and helps every company learn lessons and make crucial decisions regarding the organization. Business intelligence people are those who have studied statistics, analysis of reports and queries, forecasting and data mining. In this article we will explain what business intelligence is and why there is such a great demand for people who have completed a course in the field of business intelligence.
Business intelligence - what is it about?
Business intelligence is a highly required field because it leads to the desired conclusions and the right decisions for any company. Business intelligence is one system whose role is to gather all the company's data and provide information following a certain query, thereby helping the managers of the organization to understand things more clearly about the organization and the people who work in it and to make decisions accordingly. In addition, this system allows the manager to control a certain strategy he decided to take, based on reliable information found in the company's databases. If in the past, each company had one database and it was possible to take control of all the information in this database whenever it was needed, today the databases are huge and the only way to deal with them and reach wise conclusions would be through a business intelligence system. The system draws its sources of information from the company's accounting system and other departments, such as collection, inventory, customer service, etc. and transmits the data according to the query asked in an Excel file or in any other format.
Business intelligence is one of the most important fields today and that's why many people sign up for it BI course. This course trains students in everything related to analyzing all kinds of company data that help make important decisions, data mining, analyzing all kinds of trends and more. Anyone interested in specializing in the field and opening a door to new jobs will need to have knowledge of SQL, various databases, building indexes, everything related to DWH, knowledge of everything related to data models, BI reports, data mining, and more.
What does the BI system enable?
The main goal of business intelligence is to make the organization an organization that is frequently and permanently in growth processes. The problem today among many companies and organizations is that they do not take advantage of their potential and this is due to the inability to analyze all kinds of important indicators for the company that enable the right decisions to be made. Many times businesses close their doors because they fail to reach the goals they have decided on and because they fail to overcome a certain business stagnation in which they find themselves. A business intelligence system will allow those organizations to find all kinds of ways to make the company more profitable. The system will allow the managers of the organization to reach decisions that are based on existing data in real time and thereby be sure that these decisions are correct and do not amount to a gamble. A business intelligence system will help your organization take advantage of opportunities and make the business more profitable. The use of a BI system will allow the determination of various indicators for the purpose of controlling important processes in the organization, important strategies and goals that were decided in advance.
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