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Which applications and technologies are intended to gather store analyze and provide data access to help users make better business decisions *?Business intelligence (BI) is a technology-driven process for analyzing data and delivering actionable information that helps executives, managers and workers make informed business decisions.
How does information technology help in business intelligence?Information technology makes it possible for the business leaders and decision makers to devise various business strategies based on economic theories. This is done with the flow of information to decision makers and employees throughout an organization.
What are the functions of business intelligence?Common functions of business intelligence technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics.
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What is a set of applications technologies and processes for gathering storing analyzing and accessing data to help users make better decisions?
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