Competition in the markets is constantly increasing. Most business owners are forced to look for new ways to optimize their processes. Making more informed decisions is becoming an essential task for strategic firms. This is where business analytics comes to the rescue. Specialists analyze data based on the provided reports (for example, through dashboards or visualization). For enterprises, such optimization plays a key role, which contributes to.

A DBA (Doctorate of Business Administration) is a terminal degree that integrates crucial leadership skills, theoretical coursework, and applied research. It's meant for those with a business-related master's degree or MBA and keen on advancing their careers. Earning a DBA in business intelligence comes with multiple rewards. Discussed below are five reasons to pursue a DBA in business intelligence.

Market intelligence is the process of gathering, analyzing, and interpreting information about your market, which includes customers, competitors, and suppliers, and other industry participants such as regulators and industry associations. This information can be used to make informed business decisions, identify new opportunities, and stay ahead of the competition. In today's competitive business environment, it is more important than ever for small businesses to stay ahead of the curve. Market intelligence is essential to achieve this objective.

Data is a business's most valuable asset. When given the ability to harness its power, organisations can transform their data into meaningful business intelligence (BI)-and act on this to stay ahead in an ever-more competitive landscape. This is where the enterprise data warehouse (EDW) comes in. An EDW centralises and consolidates data from many sources-storing it in a denormalised structure called a star schema-making it easy to analyze, visualise, and forecast essential business metrics.

Retailers are operating in a highly competitive and fast-paced environment, which means they are always looking for an edge over their competitors. Retail business intelligence can provide just the edge they are looking for. In this article, we'll look at the many advantages of business intelligence in the retail industry.