In today’s data-driven world, the role of business intelligence (BI) has become more pertinent than ever. Organisations rely on data to inform strategy, track market trends, and maintain a competitive...
Artificial intelligence (AI) is redefining how organisations approach business intelligence (BI). Today, professionals need to extract actionable insights from an ever-growing volume of data faster than...
Artificial intelligence (AI) is increasingly integral to business intelligence (BI), sparking the question: Will AI replace business intelligence as we know it? As AI tools become more advanced, they are...
Business Intelligence (BI) is the practice of collecting and analysing data to support informed decision-making within an organisation. BI helps businesses track performance, assess competition, and understand...
Artificial Intelligence (AI) is rapidly transforming how organisations conduct company research, offering new tools and methodologies that vastly improve the ability to gather, analyse, and utilise data...
In today’s data-driven world, the role of business intelligence (BI) has become more pertinent than ever. Organisations rely on data to inform strategy, track market trends, and maintain a competitive edge. However, the sheer volume of data can overwhelm traditional BI processes. Manual data collection, analysis, and reporting are not only time-consuming but also prone to human error.
Artificial Intelligence (AI) offers a solution to these challenges, reshaping the BI landscape by automating key processes and streamlining workflows. AI tools, like Nexis+ AI™, enhance BI efforts by enabling users to quickly access insights from vast amounts of data, improving operational efficiency and strategic decision-making.
Nexis+ AI is decision intelligence made easy.
AI’s impact on business intelligence comes from several advanced technologies that improve how data is processed and understood. By integrating AI into BI workflows, businesses can move beyond manual tasks and focus on extracting actionable insights.
Among the most influential AI technologies in this space are machine learning (ML), natural language processing (NLP), and generative AI.
Machine Learning allows AI systems to identify patterns within data and learn from historical trends. For example, businesses can use ML to forecast market shifts based on past performance, helping them adapt their strategies to future conditions. This predictive power gives companies a proactive edge, particularly in dynamic industries like finance and retail.
Natural Language Processing allows AI to interpret unstructured data, such as news articles, legal filings, and internal reports. Traditionally, BI tools have struggled to make sense of such unstructured content. However, with NLP, AI can sift through this data and extract relevant insights, saving time and reducing human error.
Generative AI is another important development, automating the summarisation and extraction of key information from large documents. With this capability, businesses can review lengthy reports or financial statements more efficiently. Instead of manually parsing every section, generative AI can condense documents into easy-to-digest summaries. Nexis+ AI uses this technology to help professionals make faster decisions, allowing them to focus on high-priority tasks.
The result is a more streamlined, efficient approach to business intelligence. By automating routine tasks like data summarisation, AI tools reduce the workload for BI professionals, freeing them to focus on strategic analysis and decision-making.
The integration of AI into business intelligence enhances several core processes. By accelerating key tasks, AI improves how companies analyse data, make decisions, and optimise their workflows.
One of AI’s most important contributions to BI is its ability to process large datasets quickly. Traditional methods often require manually extracting and analysing data from various sources. This process is not only slow but also leaves room for error.
The Document Analyser speeds up this process by automatically identifying relevant information in lengthy reports, such as financial filings and regulatory documents. This allows professionals to obtain critical insights from long documents within minutes, rather than hours, while also reducing the risk of missing important details.
With AI, decision-making becomes more data-driven. By analysing a combination of historical data, real-time market information, and predictive models, AI tools help businesses make well-informed decisions.
Nexis+ AI summarises key information from licensed news sources, allowing companies to react to trends more quickly. This level of insight helps businesses stay agile in a rapidly changing market environment.
AI simplifies BI workflows by accelerating many time-consuming tasks, such as data collection, report generation, and document summarisation. Traditional BI systems often require users to switch between multiple tools to complete these tasks. This can create inefficiencies and disrupt the workflow.
AI consolidates these functions into a single platform, allowing professionals to complete their analysis without needing to shift between systems. Nexis+ AI, for example, streamlines company research by allowing users to access trusted data sources, summarise content, and generate draft reports—all within one platform.
Generate. Extract. Summarise. Empower. Redefine your company research with Nexis+ AI.
Nexis+ AI is a leading example of how AI-driven tools are transforming business intelligence. It offers a range of features designed to optimise research workflows and enhance the way professionals extract and analyse data.
By leveraging these features, Nexis+ AI helps users gain faster, actionable insights from trusted data sources, making it a valuable tool for anyone involved in business research, competitive intelligence, or market analysis.
AI-driven tools like Nexis+ AI are already transforming business intelligence across a wide range of industries. Companies are using these tools to enhance their research capabilities and improve how they respond to market changes.
In mergers and acquisitions (M&A), professionals often need to gather and analyse large amounts of information about potential target companies, such as their financial health, leadership teams, and market performance. Nexis+ AI simplifies this process by extracting relevant insights from financial reports and summarising recent news coverage about the target company, helping decision-makers assess potential risks and opportunities more quickly.
For competitive analysis, businesses can use Nexis+ AI to track competitors by summarising relevant industry news, monitoring changes in financial filings, and analysing strategic moves. This information helps companies stay informed about competitors’ actions and adapt their strategies accordingly.
These real-world applications show how AI is transforming the way businesses gather insights, improving their ability to respond to challenges and capitalise on opportunities.
As AI continues to evolve, several key trends are expected to shape the future of business intelligence. One such trend is the growing adoption of generative AI for automating repetitive tasks like report writing and document summarisation. This will free up more time for professionals to focus on interpreting data and making strategic decisions.
Predictive analytics is another area where AI is expected to make a major impact. As machine learning models improve, businesses will be able to better anticipate market shifts and customer behaviour. These insights will allow companies to adapt their strategies in real time, reducing risk and increasing profitability.
With its commitment to responsible AI practices, including data privacy and transparency, Nexis+ AI acts transparently to build confidence in AI-driven insights that drive informed decision-making.
AI from the licensed content provider trusted by business professionals for more than 50 years.
AI is transforming the way businesses approach data, research, and decision-making. Tools like Nexis+ AI are at the forefront of this change, helping professionals streamline their business intelligence workflows and gain faster insights from trusted sources.
To learn more about how Nexis+ AI can enhance your business intelligence efforts, request a demo or join the Nexis+ AI Insider Program to stay informed about the latest AI advancements.
Email: information@lexisnexis.com
Telephone: +31 (0)20 485 3456