Impact of AI on
Business Intelligence

Introduction
With the advent of AI, businesses have become
dynamic, customized, & personalized. In this
dynamic corporate environment, data has also
taken centerstage. Businesses are increasingly
being data dependent to enhance customer
engagement.
DATA A.I Shaping A
Successful
Business

Evolution of Business
Intelligence
Proactive Analysis - Enables businesses to realize the full
potential of their operational data when it’s actionable.
Descriptive analysis
Offers a summary of data and
informs analysts of what
happened. Focus is on past
behaviours to learn and how it
can impact future outcomes.
Predictive analysis
Offers companies a glimpse of
the future insights. Based on
‘Best guesses philosophy’ and
probabilities.
Prescriptive analysis
Allows users to suggest
possible actions and advise
on workable solutions that
can be implemented. Predicts
events and also explains why
they’ll occur.

Rapid rise of AI through the analysis via algorithms
allows companies to gain deeper insights into:
At present businesses are using:
Introduction of new big data sources - mobiles, tablets, and other
connected devices makes today’s audiences mobile-centric.
User behaviour User engagement patterns
Actionable insights Real-time data reporting
Current Scenario

AI Revolution in Business
A look at how AI is creating a revolution in today’s
business environment:
Transforming industries
Enabling better decision making
Allowing business process automation
Creating an AI-driven workplace

Dependency of AI on business
intelligence
Here’s why AI should be at the heart of business intelligence:
Dashboards aren’t enough: A constant influx of data can be digested
by BI tools and actionable insights can be delivered.
Avoid a big data overload: AI-enabled business intelligence can break
down big data coming in from different sources to prevent an
unprecedented overload.
Get real-time insights: With rapid AI advancements, business intelligence
tools are now well equipped with powerful dashboards to alert marketers
and give them actionable insights to make critical decisions.

Ever since AI-based intelligence software
stepped in, corporate world has changed
immensely. It’s time to realize that these
tools ensure success and keep companies
ahead in a cut-throat competitive business
landscape.
Conclusion

Reference
Read More:
https://www.iqlect.com/blog/how-ai-is-redefining-business-i
ntelligence/
This presentation is compiled by Team Marketing @ Iqlect
Pvt. Ltd.