Cost-benefit should be a deciding factor when purchasing a system. The highest price does not always mean the best system. It is necessary to evaluate a tool that is both aligned with the company's strategies and perspectives and the budget available for the acquisition.
It is essential to observe the functionalities and verify that the solution offers all the necessary resources to obtain the data and information that the company needs. It is worth remembering that the idea is to reap all the benefits that we have reported in this article.
This is the main cost-benefit analysis that must be mail marketing to doctors done: the investment made today must be worth the savings and best practices in the future. Thus, business intelligence applications will be worth every penny spent.
Conducting research and seeking more information about each of them allows for proper hiring to obtain accurate results. Here are the main tools used in the market:
IBM Watson Analytics
Microsoft Power BI
Google Data Studio
Tableau
BIRT
Jaspersoft
Pentaho
Project BI
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IN SHORT
What are the three pillars of Business Intelligence?
data collection — the first step is to collect all the data you want to analyze;
organization and analysis — after data has been extracted, it must be organized and prepared as information for analysis;
action and monitoring — actions are based on the information presented and then monitored to identify whether the results are favorable.
What are the benefits of BI for companies?
Cost reduction
Improved business efficiency and productivity
Help in decision making
Helps increase sales
Reveals opportunities
Minimizes errors and risks
Builds customer loyalty
Assists in management planning
Allows real-time analysis