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10 Successful Examples of Business Intelligence
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Created on March 8, 2023
Unlock the power of Business Intelligence with proven success stories! 👀🌎🔍 Explore how different companies have utilized BI to achieve unprecedented growth and competitive advantage.
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Transcript
10 Proven Examples of Business Intelligence
Unlock Your Business Power
The Future of Business
Creativity and Innovation
“Creating something from nothing is ingenious.Creating something from something is smart. To rule your world, be ingeniously smart.”
― Martin Uzochukwu Ugwu
INDEX
Business Intelligence is the Future
01 - Introduction
05 - Coca-Cola
09 - Netflix
02 - Airbnb
06 - Roche Diagnostics
10 - Apple
03 - Walmart
11 - Microsoft
07 - IBM
04 - Amazon
08 - Google
12 - The End
00 - Business Insights (video)
Business Intelligence
Understanding human insights.
Introduction
Business Intelligence gives companies a competitive informational advantage by providing insight into competitor strategies and data-driven marketing efforts. With BI tools, organizations can combine data from different sources into a single system for easy analysis and access. In this guide, we will show you 10 examples of how BI is being used by Fortune 500 companies.
Be the creator of your own future.
Customer Segmentation
Customer Journey Strategies
Airbnb and customer segmentation
Airbnb utilizes data analytics for customer segmentation to tailor the experience for their guests and hosts. They collect data from various sources such as listing information, profiles, browsing behavior, reviews, ratings, etc. This data is then used to create custom segments of customers based on their preferences and behaviors.
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BUyer and Social Personas
Supply Chain Analytics
Effciency leads to growth.
Walmart and the Supply Chain
Walmart uses business intelligence to optimize supply chain management. Walmart is well-known for its supply chain management, which helps it stay competitive in the retail industry. By leveraging Business Intelligence (BI) solutions, Walmart has further optimized its supply chain operations. Walmart uses BI solutions to analyze customer purchase data and sales trends.
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Strategic Business Intelligence.
Customer Experience
Amazon and the Customer Experience
Amazon uses BI to track customer data and behavior, such as online reviews, purchase history, and browsing patterns, to help the company better meet customer needs.
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Personalized Experience
Supply Chain Analytics
Data Visualization
Predictive Analytics
Coca-Cola and the supply chain
The company uses predictive analytics to anticipate customer demand and optimize production accordingly. They also use BI to analyze customer purchasing habits and identify sales trends, allowing them to adjust product assortments based on current preferences.
Track Inventory
Coca-Cola uses Business Intelligence to manage its supply chain in a variety of ways:
Coca-Cola leverages BI to track inventory levels to efficiently manage its supply chain and reduce costs associated with excess stock
Data Visualization
The company uses data visualizations such as interactive dashboards for quick decision-making and improved operational efficiency.
Predictive Analytics
The FUTURE of Medicine
Roche Diagnostics Leverages BI to Improve Patient Care
Roche Diagnostics leverages Business Intelligence to improve patient care. By leveraging BI, Roche Diagnostics can quickly identify and respond to changes in patient health. This can be done by analyzing data from millions of patient records, such as vital signs, laboratory results, images, etc.
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AI In Healthcare
B2B Analytics
Insights Solutions
IBM Uses BI to Assist Businesses Make Better Decisions
IBM uses Business Intelligence (BI) solutions to help businesses make quicker decisions. IBM’s BI solutions provide actionable insights that allow companies to make informed decisions based on data-driven evidence.
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Understanding Business Intelligence
iMPROVE pRODUCTS WITH bi
Understanding Customer Behavior
Google Uses BI to Improve its Product and Services
Google uses Business Intelligence to improve its products and services. Google leverages sophisticated analytics tools to collect data from various sources, such as web searches, user reviews, and customer feedback. Powerful algorithms then analyze this data to uncover trends and patterns in customer behavior.
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Targeted Marketing
Big Data
Netflix Uses BI to Identify User Preferences
Take Netflix for example. Back in 2006, when streaming media was just starting out, the company used business intelligence to identify user preferences and personalize content recommendations. This allowed it to quickly gain a foothold in the streaming market and eventually become one of the leading providers of digital media.
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Personalized Content for your Audience
Product Quality
Apple Improves Its Product Quality
Apple, for example. With the help of BI, Apple can improve the quality of its products, find better suppliers, and increase customer loyalty. All of this has led to the company’s great growth. Apple has used Business Intelligence (BI) to improve the quality of its products. The company has put in place a process that allows it to collect customer feedback and analyze it using BI techniques.
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Customer Feedback Strategy with BI
Predictive Analytics Strategy
Microsoft Uses BI to Predict Demand for Different Products
Microsoft uses it to predict demand for different products, enabling them to optimize production run sizes and reduce costs significantly. For example, they use predictive analytics to forecast demand for new products such as their Xbox gaming console. By understanding consumer demand, Microsoft can adjust production and marketing plans to maximize profits.
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Understanding Potential Customers
Business Intelligence Insights
8 Benefits of How ChatGPT Transforms Social Media Intelligence with AI
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