Core Components of BI
- ✓Data warehousing: centralized storage for structured, analysis-ready data
- ✓Data mining: discovering patterns and relationships in large datasets
- ✓Reporting and visualization: dashboards and reports that make data accessible to decision-makers
BI Objectives
The primary objectives of BI are improving decision-making speed and accuracy, increasing operational efficiency, and providing a single source of truth across the organization.
Benefits and Challenges
BI delivers measurable ROI through faster decisions, reduced manual reporting, and improved visibility. The main challenges include data quality issues, user adoption, and selecting the right platform for your needs.