Data-Driven Decision Making: Leveraging Business Intelligence for Strategic Growth

Business Intelligence (BI) has transformed the way organizations process, analyze, and utilize data for decision-making. This paper explores how BI enables data-driven decision-making, emphasizing its role in strategic growth. The research provides a deep dive into BI architectures, data analytics techniques, visualization tools, and the competitive advantages they offer. Furthermore, the study discusses challenges in BI implementation and future trends, particularly AI-driven innovations, IoT integrations, and augmented analytics. The findings highlight the significance of adopting BI for enhanced efficiency, market intelligence, and risk management.

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Publication Details

Journal
International Journal for Research Publication and Seminars
Published
2024-12-28
DOI
https://doi.org/10.36676/jrps.v15.i4.33
Citations
1
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.53
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article

Data-Driven Decision Making: Leveraging Business Intelligence for Strategic Growth

N V Rama Sai Chalapathi Gupta Lakkimsetty
1 citations
International Journal for Research Publication and Seminars
Big Data and Business Intelligence
0.53
article

Data-Driven Decision Making: Leveraging Business Intelligence for Strategic Growth

N V Rama Sai Chalapathi Gupta Lakkimsetty
article en
1 citations

Abstract

Business Intelligence (BI) has transformed the way organizations process, analyze, and utilize data for decision-making. This paper explores how BI enables data-driven decision-making, emphasizing its role in strategic growth. The research provides a deep dive into BI architectures, data analytics techniques, visualization tools, and the competitive advantages they offer. Furthermore, the study discusses challenges in BI implementation and future trends, particularly AI-driven innovations, IoT integrations, and augmented analytics. The findings highlight the significance of adopting BI for enhanced efficiency, market intelligence, and risk management.

International Journal for Research Publication and SeminarsVol. 15(4)
Film Independent (US)
Openalex Percentile: Top 21%
Big Data and Business Intelligence
0.53
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