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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 .
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 .
Microsoft Power BI is an interactive data visualization software product developed by Microsoft with a primary focus on business intelligence. [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 data ...
Guided analytics applications lie in the intersection between business intelligence and predictive analytics. A great number of business analysts rely on business intelligence tools to flexibly extract specific information from data. [1] It is often required to automatically run an analysis on the raw data before information can be extracted. [2]
Agile business intelligence (ABI) is a methodology that integrates processes, tools, and organizational structures to enable decision-makers to adapt more effectively to dynamic business and regulatory environments.
While there are numerous analysis tools in the market, Big Data analytics is the most common and advanced technology that has led to the following hypothesis: Data analytic tools used to analyze data collected from numerous data sources determine the quality and reliability of data analysis.
IBM Cognos Analytics with Watson (aka Cognos Analytics, and formerly known as IBM Cognos Business Intelligence) is a web-based integrated business intelligence suite by IBM. It provides a toolset for reporting, analytics, scorecarding, and monitoring of events and metrics. The software consists of several components designed to meet the ...
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