Companies use Business Intelligence (BI) for a technology-driven approach in order to analyze data and extract information that can be used by companies to make proper business decisions whereas data analytics possess some predictable capabilities. Companies apply the BI Governance approach to achieve big goals by developing a data-driven infrastructure.
BI data analytics and governance allow companies to make better decisions in a short period of time. Companies become able to analyze areas of their business where they can save costs. It also helps an organization to achieve its data management goals much effectively. The rise in the financial performance of the company leads to maximum profit. Data governance provides us much accurate data for making the best possible decisions. The companies are able to analyze whether this data is historical or current in order to ensure its usability.