Evaluating the Impact of Business Intelligence Tools on Outcomes and Efficiency Across Business Sectors

Given the intricate global arena of business, employing BI instruments turns out to be a significant strategic move that helps organizations accelerate performance and optimize business. This paper assesses a full range of industries like healthcare, finance, and manufacturing which are prospective areas of growth for these technology tools, thus enabling us to establish their multi-faceted effect. Our masterminded mixed methods research design comparatively analyzes BI in the various sectors bringing forth issues of performance metrices in BI implementation. The research discloses a vivid mosaic of results. BI tools play a crucial role here "in the improvement of decision-making processes and operational agility both of which are imperative for the firms to survive now and in the future. Arising from this, the size and the kind of benefits that each sector gets from BI is determined by the specifics of each industry, which administrators should be aware of, together with inherent challenges that need to be addressed and alignment of BI initiatives within broader organizational objectives. First of all, the paper delves into the area of business process automation tools and provides a complex analysis of their effectiveness in different industries. This, in turn, helps organizations maximize the benefits of these mechanisms and develop their strategies in the context of specific industry traits and world competitiveness.

Authors

Publication Details

Journal
Advanced International Journal of Multidisciplinary Research
Published
2024-09-14
DOI
https://doi.org/10.62127/aijmr.2024.v02i05.1080
Citations
10
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
5.29
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article

Evaluating the Impact of Business Intelligence Tools on Outcomes and Efficiency Across Business Sectors

Omar Faruq -, Khaled Al-Samad -, A H M Jafor -, Kazi Sanwarul Azim - et al.
10 citations
Advanced International Journal of Multidisciplinary Research
Big Data and Business Intelligence
5.29
article

Evaluating the Impact of Business Intelligence Tools on Outcomes and Efficiency Across Business Sectors

Omar Faruq -, Khaled Al-Samad -, A H M Jafor -, Kazi Sanwarul Azim -, Shariful Haque -, Md. Aziz -, Nahid Khan -, MD Nadil Khan -
article en
10 citations

Abstract

Given the intricate global arena of business, employing BI instruments turns out to be a significant strategic move that helps organizations accelerate performance and optimize business. This paper assesses a full range of industries like healthcare, finance, and manufacturing which are prospective areas of growth for these technology tools, thus enabling us to establish their multi-faceted effect. Our masterminded mixed methods research design comparatively analyzes BI in the various sectors bringing forth issues of performance metrices in BI implementation. The research discloses a vivid mosaic of results. BI tools play a crucial role here "in the improvement of decision-making processes and operational agility both of which are imperative for the firms to survive now and in the future. Arising from this, the size and the kind of benefits that each sector gets from BI is determined by the specifics of each industry, which administrators should be aware of, together with inherent challenges that need to be addressed and alignment of BI initiatives within broader organizational objectives. First of all, the paper delves into the area of business process automation tools and provides a complex analysis of their effectiveness in different industries. This, in turn, helps organizations maximize the benefits of these mechanisms and develop their strategies in the context of specific industry traits and world competitiveness.

Advanced International Journal of Multidisciplinary ResearchVol. 2(5)
Openalex Percentile: Top 4%
Big Data and Business Intelligence
5.29
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Evaluating the Impact of Business Intelligence Tools on Outcomes and Efficiency Across Business Sectors — Omar Faruq -, Khaled Al-Samad -, et al. · Advanced International Journal of Multidisciplinary Research (2024) | TGRS Research Map | TGRS