What type of software is used to analyze data trends? 🔊
Software used to analyze data trends is often referred to as business intelligence (BI) software. This type of software allows organizations to collect, process, and visualize data effectively, helping decision-makers identify patterns, correlations, and insights. Popular BI tools like Tableau and Power BI provide dashboards, reports, and advanced analytics capabilities, enabling companies to make data-driven business decisions. By leveraging these tools, businesses can enhance operational efficiency and remain competitive in their respective markets.
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