What are the key business analytics trends for 2023?
Some key trends include increased use of AI and machine learning, real-time analytics, and data democratization.
How is AI impacting business analytics?
AI enhances predictive analytics, automates data processing, and provides deeper insights through advanced algorithms.
What tools are popular for business analytics in 2023?
Popular tools include Tableau, Power BI, and Google Data Studio, which offer robust features for data visualization.
Can you explain data democratization?
Data democratization means making data accessible to non-technical users, empowering them to make data-driven decisions.
What industries are most affected by these trends?
Industries like retail, finance, and healthcare are significantly impacted as they leverage analytics for better decision-making.
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