Business Intelligence (BI): Business intelligence denotes technologies used by companies for analysis of data in business information. It provides current, historical and predictive views for business operations. The functions of BI includes: Reporting Data mining Process mining Benchmarking Text mining It can handle huge amount of structured and unstructured data for identifying, developing and producing new prospects in business. The operating decisions include pricing or product positioning. The BI applications use data that is gathered from data warehouse

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Chapter B, Problem B10.5MBD

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Business Intelligence (BI):

Business intelligence denotes technologies used by companies for analysis of data in business information.

It provides current, historical and predictive views for business operations.

The functions of BI includes:

Reporting

Data mining

Process mining

Benchmarking

Text mining

It can handle huge amount of structured and unstructured data for identifying, developing and producing new prospects in business.

The operating decisions include pricing or product positioning.

The BI applications use data that is gathered from data warehouse

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