
Real-Time Operational BI
Real-Time Operational Business Intelligence (BI) refers to the use of data analysis tools that provide immediate insights into a company’s operations. Unlike traditional BI, which looks at historical data, real-time operational BI focuses on current data. This enables organizations to monitor their performance instantly, make quick decisions, and respond to changes in the business environment. For example, a retail store might use real-time BI to track sales as they happen, allowing managers to react promptly to high demand or stock shortages, thereby improving efficiency and customer satisfaction.