Engineering and Technology
| Open Access |
DOI: NAVIGATING BUSINESS INTELLIGENCE TOOLS: STRATEGIES TO DRIVE BUSINESS GROWTH
Abstract
This study explores the evolution and current state of business intelligence (BI) tools and their strategic role in driving business growth. The research utilizes a combination of market analysis, industry case studies, and theoretical frameworks, including the DIKW hierarchy and Resource-Based View, to examine BI adoption trends. The results highlight the importance of data quality, cross-functional collaboration, and user adoption in maximizing BI effectiveness. Key findings indicate that cloud-based and self-service BI tools significantly improve data-driven decision-making, while challenges remain in data governance and integration. To address these challenges, organizations must implement robust data policies and empower users through training and self-service capabilities. The study concludes that integrating BI tools into digital transformation initiatives provides a competitive edge, enabling strategic planning, operational efficiency, and innovation. This research offers new insights into how organizations can leverage BI tools for sustained growth and enhanced decision-making.
ZENODO DOI:- https://doi.org/10.5281/zenodo.13980984
Keywords
Business intelligence, Business analytics, Software as a Service (SaaS)
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Copyright (c) 2024 Inna Logunova
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