Business intelligence (BI) refers to a set of techniques and technologies used for data collection and analysis. It aids in recognizing trends, assessing the effectiveness of business operations, and refining development strategies for the company.
Comprehensive analytics is crucial for the successful execution of a project. By thoroughly analyzing internal processes, market dynamics, and customer preferences, businesses can develop products that closely meet their operational needs.
Business intelligence tools
Requirements gathering and analysis
Conducting interviews and surveys to collect insights from stakeholders and end users. The aim is to clarify product specifications, pinpoint issues, and decide on essential features for implementation.
Brainstorming serves as a collaborative technique for generating ideas, enabling the team to explore a problem from various perspectives and discover alternative solutions.
Workshops are organized meetings where participants engage in discussions about specific project elements, exchange opinions, and outline requirements.
Observing the activities of employees or users passively to uncover weaknesses, inefficient processes, or potential areas for optimization.
Business process modeling
UML (Unified Modeling Language) is used to develop graphical representations of different system aspects, including structure, use cases, action sequences, and component interconnections. UML diagrams facilitate the visualization of requirements and functionalities, enhancing the team's comprehension of the product architecture.
BPMN (Business Process Model and Notation) offers a standardized method for visually modeling processes using flowcharts. BPMN diagrams effectively illustrate the task execution algorithm and outline the objectives, steps, departments or roles involved, conditions, and tools required.
Data analysis
Power BI is an analytical platform designed for developing interactive reports and dashboards. It facilitates the analysis of extensive data sets, visualizes findings, and uncovers trends.
Tableau serves as a data visualization and analysis tool, enabling business analysts to swiftly generate graphs, charts, and dashboards from large data collections.
Utilizing BI tools allows for data-driven decision-making based on reliable information instead of intuition or guesswork. A thorough approach to gathering requirements, along with a solid understanding of a company's internal processes, is crucial for creating solutions that address business needs and foster growth.
Top comments (0)