5 min read
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Business intelligence is no longer a luxury that only big organizations can afford. The need for BI-driven insights might be more pronounced in companies that deal with large amounts of information, nowadays, even SMEs and entrepreneurs need to make data-driven decisions.
BI is all about turning data into insightful and actionable information. This includes information that can be used to improve sales, eliminate wasteful processes, and identify opportunities for growing your company. In other words, it is essential for making business decisions that are based on solid facts.
However, a lot of small enterprises are hesitant to implement BI, due to worries about cost and effort. Thanks to some major tech advances in recent years, these assumptions are now false. Nowadays, powerful BI is accessible to everyone. Analysis platform costs have come down, data is increasingly