Provide examples of different ways that organizations make u

Provide examples of different ways that organizations make use of Business Intelligence ?

Solution

Banks sometimes use Business intelligence to find out who is the most profitable customer of the bank by comapring the departmental data against the legacy database>
Another example is the hotel frenchises use BI for comparing occupancy statastics and revenue generated by each room.
Business intelligence tools ad application are capable of comparing large amount of data.These tools allows organizations to shift unstructured data into more intelligent and meaningful report that can be used in many ways.
Business Intelligence can be used by the organization to improve operational efficiency , particularly within frenchises or companies with multiple departments.
BI can also be used to identify new business opportunities.
Some more areas where Business Intelligence are applied.
- Data Mining
-Memory Processing
-Analysing risk
-Creating more intelligent communication.
-Analyzing geographical data
-Query,reporting and forecasting

Following are more ways in which Business Intelligence is used