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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 ...
A Business Intelligence Competency Center (BICC) is a team that supports the use of business intelligence (BI) in an organization. [1] Since 2001, the BICC concept has been refined through implementations in organizations that have adopted BI and related analytical software .
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 .
Later, in 1999, he suggested that "the most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and their productivity." [ 14 ] Paul Alfred Weiss (1960) [ 15 ] said that " knowledge grows like organisms, with data serving as food to be assimilated rather than merely stored".
Business informatics includes significant construction and implementation-oriented elements. Another thing is one major focus lies in the development of solutions for business problems rather than the ex post investigation of their impact. Information systems (IS) focus on empirically explaining the phenomena of the real world. Information ...
A business analyst should have knowledge in IT and/or business, but the combination of both of these fields is what makes a business analyst such a valuable asset to the business environment. As a minimum standard, a business analyst should have a "general understanding of how systems, products and tools work" in the business environment.
Oracle Business Intelligence Enterprise Edition Plus, also termed as the OBI EE Plus, is Oracle Corporation's set of business intelligence tools consisting of former Siebel Systems business intelligence and Hyperion Solutions business intelligence offerings.
Organizational intelligence (OI) is the capability of an organization to comprehend and create knowledge relevant to its purpose; in words, it is the intellectual capacity of the entire organization. With relevant organizational intelligence comes great potential value for companies and organizations to figure out where their strengths and ...