Collaborative business intelligence is a concept that has been around for a while, but it is becoming more and more popular. It aims to improve the way data is shared in an organization. The concept of collaborative business intelligence is based on the idea that different teams have different needs regarding data. For example, marketing might need data to decide which products they should advertise. HR might require data to make decisions about hiring new employees. And finance might need data to determine how much money they should spend on advertising campaigns.
The benefits of collaborative business intelligence are not limited to increased efficiency and better decision-making but also include cost savings for organizations by spending less on software licenses and hardware maintenance.
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