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Identify and discuss the components that must be in place for an organization to gain real...

Identify and discuss the components that must be in place for an organization to gain real value from its BI and analytics efforts. BI and analytics efforts.

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Business Intelligence and Analytics is becoming quite popular in today's world of doing business and with the high competition in any field of business in terms of both wuantitu and quality makes it difficult for organizations to have a competitive advantage that will help them stand out in the crowd. Analytics and business intelligence help find and identify trends from the data regarding the organization and therefore data is the primary component that must be in place for an organization in this context. Data is considered as an asset and it is required for data analytics and mining to find out future prospect of the business and what needs to be done in the process as well.

Quality of data, availability of data, transformed data at the required form will help the organization in this constraint and help them achieve success as well.

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