Learn about business intelligence and all its advantages

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Business intelligence , also known as BI , consists of the set of intellectual skills that allows a person to perceive and communicate the business side of ideas.

Giving value to our idea will allow our business target to want to buy it; this concept has to do with a specific way of processing information. Commercial intelligence is a kind of practical intelligence, which is aimed at detecting and showing the valuable side of things.

The main objective, through all this, is to analyze the flow of information from the sources to the users, trying to optimize resources and times , thus contributing to the decision-making process.

But how do we apply business intelligence to our business? There are more and more processes that we can apply to achieve our sales goals in a much more efficient way. Here are some examples:

Data mining : Using databases, statistics, and machine learning to discover trends in larger data sets.
Reporting – Sharing data analysis with stakeholders canada whatsapp lead so everyone can draw their own conclusions and make decisions.
Descriptive analysis : Using preliminary data analysis to find out what happened.
Statistical analysis : Based on the results of descriptive analysis, the data is further explored through statistics, for example, to determine how a trend occurred and why.
The five most notable advantages of business intelligence are:

It allows you to know customer behavior patterns .
Increase sales .
Reduce expenses.
Speeds up analysis time .
Helps set realistic goals .
At Salesland , we have more than 11,500 employees who work every day to achieve the goals of each of our clients . If you want to know more about our great team, click here so you don't miss any details about how we work and how we ensure that our clients always achieve their goals satisfactorily.