Extending the Understanding of Business Intelligence and Its Application in Startups

Abstract

Modern decision-making processes are guided by acumens retrieved from big data. Contemporary businesses must have means for processing data. Some of the approaches used by companies to manage and analyze data include outsourcing, hiring data analysts, and using tech teams. These approaches have various weaknesses. This document proposes business intelligence systems as the ultimate solution for data management and analysis in companies. It discusses business intelligence tools, their structure, and their application in startups.