Business Intelligence in the Digital Age
"Business Intelligence" (BI) is the process that compiles, analyses and converts raw data into relevant information for business strategies, supporting more informed decision-making. With technological advances, AZULCHIP defines contemporary BI as characterised by:
1. Artificial Intelligence (AI) and Machine Learning: Using advanced algorithms to predict trends and behaviour, automating and improving data analysis;
2. Data Visualisation: Using interactive tools to create graphical representations of data, making interpretation more accessible and intuitive;
3. Self-service BI: Ability to allow users without technical expertise to create reports and conduct independent analyses;
4. Big Data: Integration and processing of large volumes of data from different sources, allowing for deeper analyses and more comprehensive insights;
5. Mobility: Access to BI platforms via mobile devices, providing flexibility and agility in managing information from anywhere;
6. Collaboration: Facilitating the sharing of insights and reports between teams, promoting collaboration and better strategic alignment;
7. Data integration: Ability to unify data from different sources, both internal and external, for a consolidated view of the business;
8. Information Security: Implementation of robust security protocols to protect the data analysed and generated by BI tools.