Common functions:
–OLAP (Online Analytical Processing to handle multi-dimensional queries)
–Analytics (Study of Business Data)
–Data Mining (Process of extracting patterns)
–Enterprise Performance Management
–Benchmarks (comparison against set standards)
–Predictive Analytics (based on trend analysis)
Friday, September 4, 2009
Business Intelligence
•Purpose:
–Intelligent Retrieval & Analysis of business data for making effective & timely decisions.
•Methodology:
–Skills
–Technologies
–Applications &
–Practices used to help a business acquire a better understanding of its commercial context.
–Intelligent Retrieval & Analysis of business data for making effective & timely decisions.
•Methodology:
–Skills
–Technologies
–Applications &
–Practices used to help a business acquire a better understanding of its commercial context.
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