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Describe how AI is transforming business intelligence to help companies gain insights into consumer behavior and use the real-time insights to identify trends and make informed decisions that give them an edge over their competitors.
Discuss an industry example/practical application of how AI is used in Business Intelligence. For example, Domo developed a cloud-based dashboard to collect data from third-party apps so merchants can extract data from their Shopify point-of-sale and e-commerce software to generate reports and track product performance.
Requirements
500 words for each question with atleast one reference.