5 reasons why Business Intelligence is the discipline of the future
Business intelligence (BI) is a set of technology-driven process, technologies and architectures that convert raw data into actionable information which drives informed/profitable actions. It’s a suite of services and software that transforms data into valuable intelligence and knowledge.
Some standard functions of business intelligence technologies include reporting, analytics, online analytical processing, data mining, business performance management, process mining, complex event processing, text mining, predictive analytics, prescriptive analytics and benchmarking. Business Intelligence technology can handle large amounts of structured and unstructured data to help identify and develop or create new strategized business opportunities.
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