Business Intelligence Vs Business Analytics

business intelligenceOne area of business intelligence that is getting more and more attention is decision making. The ETL tools of today that are very centralized and multi user based, enable people to change the data and document the processing they’re doing as they build it, it’s a rapid development tool, so if your business is very complex and quickly evolving over time, an ETL tool would be recommended.

Has an in-depth article on what that job entails; in general, they aim to use all the features of BI tools to get the data that companies need, the most important being discovering areas of revenue loss and identifying where improvements can be made to save the company money or increase profits.

While some of this can and will be learned on the job, you need to have a solid grasp of the industry’s dynamics, particularly the areas of the field that you’re looking to work in. Over time, you’ll want to become an expert in your industry as this will increase your ability to connect data with business problem-solving.

Environment: The economic landscape and especially that of your own particular industry are very important areas of business intelligence to focus on. By analyzing the economic climate, and making your business flexible enough to change with the times to keep up, you can use business intelligence to stay ahead of your competitors who are not keeping up-to-date.business intelligence

One of the key functions of business intelligence is enterprise reporting, the regular or ad-hoc provision of relevant business data to key internal stakeholders. Computers and Electronics — Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.