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Several large organizations have faltered on different stages of BI implementation, from poor dataquality to the inability to scale due to larger volumes of data and extremely complex BI architecture. Without a strong BI infrastructure, it can be difficult to effectively collect, store, and analyze data.
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Some examples of areas of potential application for small and wide data are demand forecasting in retail, real-time behavioral and emotional intelligence in customer service applied to hyper-personalization, and customer experience improvement. Master Data is key to the success of AI-driven insight. link] [link].
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Data access tools : Data access tools let you dive into the data warehouse and data marts. We’re talking about query and reporting tools, online analytical processing (OLAP) tools, datamining tools, and dashboards. How Does a Data Warehouse Work? Why Do Businesses Need a Data Warehouse?
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