business intelligence

Development Of Business Intelligence (BI) Market Of China In 2008

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business intelligenceBusiness intelligence or BI refers to skills, processes, technologies, applications and practices used to support business decision-making. Core AI applications and techniques such as predictive analytics and machine learning have opened the door to a new generation within BI. Since AI can analyze massive quantities of data faster and deliver recommendations based on that data more effectively than before, a standard change is already happening, and its impact will be standardized across various verticals.business intelligence

According to Forrester Research , business intelligence is “a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making.” 12 Under this definition, business intelligence encompasses information management ( data integration , data quality , data warehousing, master-data management, text- and content-analytics, et al.). Therefore, Forrester refers to data preparation and data usage as two separate but closely …