Sign In
Not register? Register Now!
Essay Available:
You are here: HomeEssayIT & Computer Science
3 pages/≈825 words
4 Sources
IT & Computer Science
English (U.S.)
MS Word
Total cost:
$ 16.2

Benefits of Business Intelligence IT & Computer Science Essay (Essay Sample)


the paper aims at discussing the benefits of of BI within the various industries


Benefits of Business IntelligenceBenefits of Business Intelligence
According to Trieu, Cockcroft, & Perdana (2018), the modern business environment demands that modern managers deploy modern technologies. In this account, modern organizations have pushed towards implementing technologies such as business intelligence and data mining. Compared to traditional organization, it is hard for organizations to compete favorably with those organizations that have adopted technologies such as business intelligence. Taking this into account, Llave (2017) acknowledges that business intelligence is associated with a number of benefits across the various industries that have adopted this technology.
BI for Defining and Understanding Customers
According to Kohtamäki & Farmer (2017), modern organizations are working towards implementing a customer centric culture. Customer centric culture is based on understanding effectively who the customer is and serving them based on what they prefer. To Trieu, Cockcroft, & Perdana (2018), business intelligence is based on collecting data and using this data towards making informed business decisions. With business intelligence, customer data is collected and their profiles are established and with these profiles, an organization and turn to serve these customers. For institution such as the Versatel, business analytics is vital in which they have gone a step ahead to develop a deeper relationship with their customers through understanding their preferences and behaviors. In this account, not only has Versatel been able to improve their relationship with its customers but more importantly, increase their return on investment by more than 62% (Durcevic, 2018).

Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Cloud Security Threats IT & Computer Science Essay
    Description: Cloud computing has emerged as one of the fundamental technologies in helping organizations attain the desired levels of business strategy. In this account, Amara, Zhiqui, & Ali (2017) state that cloud computing is vital in running modern-day organizations which are being driven by data...
    2 pages/≈550 words| 4 Sources | APA | IT & Computer Science | Essay |
  • Understanding the Bootup Process and Partitioning in Linux System
    Description: Various steps take place during a Linux system bootup process. There are two types of processes that take place where one uses the BIOS while the other uses the more modern UEFI. BIOS stands for basic input/output system which manages and checks the integrity of the hard drives and runs...
    3 pages/≈825 words| 8 Sources | APA | IT & Computer Science | Essay |
  • Network Design Report IT & Computer Science Essay Paper
    Description: A network connection is important for any business as it enables communication in the company. Networking encompasses wired and wireless networks that ensure that a company can communicate within and without. A network is used to send emails, access the internet, and even print and share...
    4 pages/≈1100 words| No Sources | APA | IT & Computer Science | Essay |
Need a Custom Essay Written?
First time 15% Discount!