How Do Data Analytics Platforms Support Business Intelligence?
Business Intelligence (BI) involves the use of data analysis tools to support strategic and tactical business decisions. Data analytics platforms play a crucial role in BI by:
1. Aggregating Data: Collecting data from various sources into a centralized repository. 2. Data Processing: Cleaning and transforming data to ensure accuracy and consistency. 3. Reporting and Dashboards: Providing real-time insights through customizable reports and dashboards. 4. Predictive Analysis: Utilizing statistical models to forecast future trends and outcomes.