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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 ...
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence (BI). The applications generally read data that has been previously stored, often - though not necessarily - in a data warehouse or data mart .
Predictive analytics is a set of business intelligence (BI) technologies that uncovers relationships and patterns within large volumes of data that can be used to predict behavior and events. Unlike other BI technologies, predictive analytics is forward-looking, using past events to anticipate the future. [ 3 ]
CAATs is the practice of using computers to automate the IT audit processes. CAATs normally include using basic office productivity software such as spreadsheets, word processors and text editing programs and more advanced software packages involving use statistical analysis and business intelligence tools.
Here are six key signs you may need better life insurance. Also, here are three reasons to re-evaluate your life insurance once your net worth reaches $1 million. Lack of Living Benefits
You Want a Better Interest Rate Different savings accounts can offer varying interest rates, and it may make sense to hunt for the highest yield, according to Christopher Stroup, CFP and owner of ...
Business Intelligence Competency Centers in U.S. Healthcare Next to the U.S. government, the American healthcare industry generates the second largest amount of information every year. However, despite having complex information management needs, a KLAS report revealed that one-third of healthcare organizations do not have the appropriate ...
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