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All real-time business intelligence systems have some latency, but the goal is to minimize the time from the business event happening to a corrective action or notification being initiated. Analyst Richard Hackathorn describes three types of latency: [2] Data latency; the time taken to collect and store the data
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
Essential: business system or the B system; Informational: either the information I system; Documenteel: data system either D system; At each level has its own category of systems at that level "active": there are so B systems (of company and business), I-systems (of informational and information) and D systems (from documenteel and data) .
A business object is an entity within a multi-tiered software application that works in conjunction with the data access and business logic layers to transport data. [ citation needed ] Business objects separate state from behaviour because they are communicated across the tiers in a multi-tiered system, while the real work of the application ...
Agile business intelligence is a process that allows managers to access product data for informed decision-making through development using agile methodology. ABI employs Agile techniques in the development of BI applications, such as dashboards , balanced scorecards , reports, and analytic applications.
Although distinctly different, this practice draws on much of the same decision-making research as does decision intelligence (such as, for the example, the work of behavioral economist Richard Thaler). Cost engineering measures the costs of engineering projects. Cost engineering is sometimes grouped into product engineering and design ...
Operational intelligence (OI) is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations. OI solutions run queries against streaming data feeds and event data to deliver analytic results as operational instructions.