What is the role of business intelligence in technology? 🔊
The role of business intelligence in technology is to transform data into actionable insights that drive strategic decision-making. BI tools collect, analyze, and present data from various sources, enabling organizations to monitor performance, identify trends, and forecast outcomes. By empowering stakeholders with timely and relevant information, BI enhances operational efficiency, improves customer satisfaction, and supports competitive positioning. Fundamentally, business intelligence facilitates better-informed choices and optimizes resource allocation across different business functions.
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