E-commerce and Business Intelligence

[ayeshshiddika11]

Companies that sell online manage a large number of orders, which translates into a large volume of data, and its processing and security can be very complex. This is where Business Intelligence comes into play, a technology that allows all this information to be analyzed, transformed and stored and then a business or marketing strategy to be developed that boosts the business and increases its sales.

The advantages that Business Intelligence can bring to online sales are:

Automate processes
Real-time decision making
Inventory control by reducing delivery processes and ensuring that there are no stock-outs
Controlling real costs
Knowing customers' purchasing habits
Developing data-driven sales strategies



The importance of data in the education sector
In schools, universities and training centres, the macedonia phone data implementation of Business Intelligence technology allows managers to access reports based on real data and in this way decision makers, teachers and planners can identify trends and more accurately meet academic or organisational objectives.

The core areas of planning and evaluation are:
Academic record
Analyze subject-specific performance, individual student performance, exams, and behavioral indicators such as attendance and incident reports.

Administrative data
Analyze student enrollment, classroom size, facility location, and costs to determine budget deficits and surpluses to plan funding needs.

Staff
Analyze balances between teaching and non-teaching staff, assigned workloads, student-teacher ratio, etc.

The application of Business Intelligence technology in the education sector will ensure that educators and administrators have access to key operational and educational performance indicators, helping them drive fact-based decision making and long-term strategic planning. They will also be able to monitor compliance with defined objectives and make corrections when necessary to ensure the desired results.



Decision making in retail
Business Intelligence technology is about obtaining a dashboard with the data that is decided and updated in real time, organizing the main indicators on the operation of the business, the target market and its environment. Any of the decisions that are made daily in business will be a more accurate decision if data is used, such as: what new products or services to add, eliminate the least profitable ones, organize staff shifts, segment communications and promotions to customers, etc.

The tools for obtaining store data are: