Question
Comment this paragraph ? many organizations are adopting business intelligence as a broad category of applications and technologies for gathering information to learn from the
Comment this paragraph ?
many organizations are adopting business intelligence as a broad category of applications and technologies for gathering information to learn from the experience as well as analyzing data to enhance the process of decision-making and predict the future. Business intelligence consists of several integrated components that generate a comprehensive knowledge of business such as OLAP (On-line Analytical Processing) which provides multidimensional summarized perspectives of business data and OLAP are used for reporting, analysis, modeling and planning to enhance business performance. Advanced analytics is another component of BI which specialized in data mining and predictive analytics to improve accurate measurements. Real-time BI permits the real-time distribution of metrics through emails or interactive displays. Data warehouse and data marts are the critical components of BI. The data warehouse supports handling the numerous enterprise records for integration and query tasks. A data mart is a collection of subject areas organized for supporting decisions (Ranjan, 2016).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started