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Business Intelligence helps managers make critical decisions based on insightful or accurate information and not on “gut feel”. This forms the basis of the overarching benefits BI has on offer for firms inundated with large streams of data.
BI systems when rightly conceived and properly implemented help the end users to make informed decisions in every possible scenario covered by the reporting dashboards. Such an arrangement ultimately makes the employees more productive, deliver greater efficiency in the supply chain and generates loyal customers.
Key benefits of Strategic BI include:
This information can be easily generated in graphical format with easier access and divert attention to the future trends most useful for the success of the business.
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