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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 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 .
This automated analysis capability enables corrective actions to be initiated and/or business rules to be adjusted to optimize business processes. RTBI is an approach in which up-to-a-minute data is analyzed, either directly from operational sources or feeding business transactions into a real time data warehouse and business intelligence system.
Cognos Incorporated was an Ottawa, Ontario-based company making business intelligence (BI) and performance management (PM) software.Founded in 1969, at its peak Cognos employed almost 3,500 people and served more than 23,000 customers in over 135 countries until being acquired by IBM on January 31, 2008. [1]
Information systems has been said to have an "explanation-oriented" focus in contrast to the "solution-oriented" focus that dominates business informatics. Information systems researchers make an effort to explain the phenomena of acceptance and influence of IT in organizations and society by applying an empirical approach.
Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.
Mobile Business Intelligence (Mobile BI or Mobile Intelligence) is defined as “Mobile BI is a system comprising both technical and organizational elements that present historical and/or real-time information to its users for analysis on mobile devices such as smartphones and tablets (not laptops), to enable effective decision-making and management support, for the overall purpose of ...
Business Intelligence 2.0 (BI 2.0) is a development of the existing business intelligence model that began in the mid-2000s, where data can be obtained from many sources. The process allows for querying real-time corporate data by employees but approaches the data with a web browser -based solution.