Business Intelligence & Analytics Flashcards
1
Q
What is business intelligence (BI)?
A
Technologies for gathering, storing, and analysing business data.
2
Q
How does analytics aid transformation?
A
Converts data into insights, supports predictive decisions, optimises operations
3
Q
Example of Business Intelligence and Analytics:
A
Starbucks uses BI to pick new store locations based on foot traffic and social data.