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How Does A Business Intelligence Platform Use AI?

  • Businesses find AI Business Intelligence and analytics enticing because of their increased revenue and improved insight. As the data in companies is becoming more extensive and complex, they are increasingly likely to employ AI to improve operations.

    Even though BI is critical, its value to organizations is limited by some of its most fundamental flaws. For example, the amount of data being collected is starting to push the limits of what the Business Intelligence platform can do. AI is an excellent addition to BI because BI always needs help.

    How do Business Intelligence Applications use AI? 


    • AI improves what Business Intelligence can do.  

    Artificial intelligence helps applications for a Business Intelligence platform. AI helps businesses understand the value of small parts in the context of the bigger picture. With AI, business intelligence can better break down vast amounts of big data into smaller pieces. 

    Then there's the problem of real-time insights. BI can analyze and visualize a lot of data, but it can't predict trends or give real-time insights. On the other hand, Artificial Intelligence (AI) uses cutting-edge technology like machine learning to predict future trends in real time. 

    Because of this, business intelligence systems and business data visualization will be able to do more and be more helpful to businesses. 


    • Fill in the Gap 

    AI-enabled Business intelligence platforms let companies learn essential things from data they hadn't looked into before. Business intelligence apps that use AI can look at new data and find significant trends for the company. 

    AI also lets BI use cutting-edge technologies like predictive analytics, machine learning, and natural language processing to show more information and make it easier to understand. 


    • Understand a complicated process 

    Professional data analysts must look at hundreds of charts and dashboards to get the necessary information. Even with marketing reporting dashboard tools, it can take a lot of work to sort through a lot of data. In contrast, AI can make things easier. 

    AI-based technologies like natural language processing and machine learning are making it easier for machines and people to talk to each other. This makes it easier for data analysts to find connections and insights. 

    With AI-powered BI, businesses can look at a broader range of structured and unstructured data to get more detailed and complete insights. 


    • Address talent-storage Issues 

    Business Intelligence platform has difficulty putting together data from different sources in a way that is easy to read. With AI, on the other hand, the data can be specified on a large scale, which makes it easier to get insights that matter. The next question is about talent. 

    As of 2019, there aren't enough data analysts to go around. The right processing software can help ease some of the problems caused by a lack of skills by taking on some of the tasks that a data analyst would normally do. 


    • Time Management 

    A report says that employees in the UK waste millions of days each year on jobs that take a lot of time. 

    Employers are paying their workers less than they should for not working as much as they should. When employees' lack of responsibility comes to light this way, any way to stop this waste of company resources is good news for executives. 

    It is possible to do things automatically. Machines that have been programmed will do their jobs based on the standards and criteria that have been set. Employers will no longer worry about their workers not getting their jobs done.


    Closing Words-

    AI gives businesses a competitive edge, and big companies provide the infrastructure that can be used to build creative solutions. Grow's AI-enabled Business Intelligence platform has made it possible to combine a wide range of data sources into a business that works well and is reliable. Our AI BI integration makes it easier for users to find the necessary information and insights. 

    To learn more about our dashboards, read our reviews at Grow data dashboard Trustradius

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