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Importance of BI and Analytics Strategy in Business

By SiliconIndia   |   Wednesday, 31 October 2012, 11:30 Hrs
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Bangalore: Every company follows some strategies to run their business successfully but do your employees understand these analytics. Making analytics and metrics understandable for employees will help them achieve success in their work. Providing employees with Business Intelligence and Analytic Strategy will make them uncover new opportunities by providing right information at a proper time.



SAP.com has stated the benefits of a proper BI and Analytics Strategy and according to them, most companies value the opinions of customers in making their strategic decisions. Most of the companies face difficulty in signifying the needs of a company and presently only a minimum number of companies make their analytics accessible on a daily basis. It is found that if you have a proper BI and Analytic Strategy, then you can make higher revenue per employee and a maximum cost cutting in BI expenditures.



The below given infographic gives a data analysis of using BI strategy in business:


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