Answer :
The answer is, False.
- A collection of tools (technology, applications, etc.) known as business intelligence (BI) is used to enable better business decisions.
- BI is a tool for achieving goals, not a goal in and of itself.
- BI is a crucial tool since technology is advancing quickly and steadily.
- For instance, it took Walmart several decades to overtake Sears as the leading retailer in the United States, but Amazon did so in only a few short years.
- Our world has radically transformed as a result of new technology, and no organization can afford to fall behind.
What do you mean by business intelligence?
- Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.
What is business intelligence give examples?
- BI encourages the use of historical data to promote fact-based decision making as opposed to assumptions and intuition.
- Data analysis is carried out by BI tools, which also produce reports, summaries, dashboards, maps, graphs, and charts to give users a thorough understanding of the nature of the business.
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