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Microsoft Power BI is an interactive data visualization software product developed by Microsoft with a primary focus on business intelligence (BI). [7] It is part of the Microsoft Power Platform . Power BI is a collection of software services, apps, and connectors that work together to turn various sources of data into static and interactive ...
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 .
Thomas Davenport, professor of information technology and management at Babson College argues that business intelligence should be divided into querying, reporting, Online analytical processing (OLAP), an "alerts" tool, and business analytics. In this definition, business analytics is the subset of BI focusing on statistics, prediction, and ...
Power Query is an ETL tool created by Microsoft for data extraction, loading and transformation, and is used to retrieve data from sources, process it, and load them into one or more target systems. Power Query is available in several variations within the Microsoft Power Platform , and is used for business intelligence on fully or partially ...
In other words, querying, reporting, and OLAP are alert tools that can answer questions such as what happened, how many, how often, where the problem is, and what actions are needed. Business analytics can answer questions like why is this happening, what if these trends continue, what will happen next (predict), and what is the best outcome ...
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]
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