Business intelligence can serve multiple benefits for any business, with users today able to access a vast range of information that would have been virtually impossible to collect and derive insight from before.
This data is often used to identify untapped business opportunities, reveal areas where money can be saved and turn ERP data into accessible and meaningful insights. Increasingly data-driven strategies across organisations mean that these insights are more important than ever in order to maintain an edge over the competition, with 53% of companies reportedly now using big data analytics.
Although CIOs may now feel obligated to collect this data, approaching it from a data analysis perspective can be daunting. To help, we've compiled a list of tips aimed to help you extract the most value from this data.
Additional reporting from Laurie Clarke and Hannah Williams