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Business Analytics

Business analytics and business intelligence decoded

In the fast-paced business world, business analytics (BA) and business intelligence (BI) are key pillars for data-based decision-making.

Business Analytics (BA): BA includes statistical analysis and predictive modeling to gain insights from data. BA uses descriptive, predictive and prescriptive analytics and provides a comprehensive view of historical trends and future opportunities.

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Business Intelligence (BI): BI focuses on collecting, analyzing and presenting business information via dashboards and reports. It transforms raw data into digestible insights, facilitating decision-making.

BA and BI synergy: Together, BA and BI enable organizations to make informed decisions based on both historical performance and future predictions. This synergy improves operational efficiency, provides a competitive advantage, supports risk management and makes a valuable contribution to the data-driven organization.

Advantages

Advantages

  1. Informed decision-making
  2. Operational efficiency
  3. Competitive advantage
  4. Risk management

As companies evolve, the integration of business analytics and business intelligence becomes essential to unlock the full potential of data and gain a strategic advantage in the digital age.

Our contribution to the solution

With our project experience, we can provide you with comprehensive advice on business analytics and business intelligence. We support you in designing your digitalization strategy and implement it from the technical concept to the go-live and operation of such solutions.

Your contact partners

Dr. Christian Amberg

Managing Director

  089 290 32-0
  kontakt@pkfivt.de

Christoph Mertens

Partner

  089 290 32-0
  kontakt@pkfivt.de

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