Lecture At MIT Sloan School

Business Intelligence (BI) contains the set of strategies, processes, purposes , data , technologies and technical architectures that are used by enterprises quotation needed to assist the collection, information analysis , presentation and dissemination of business data 1 BI applied sciences present historical, current and predictive views of business operations Frequent functions of business intelligence applied sciences embody reporting , online analytical processing , analytics , information mining , course of mining , complex event processing , enterprise performance administration , benchmarking , textual content mining , predictive analytics and prescriptive analytics BI technologies can handle giant quantities of structured and generally unstructured knowledge to help establish, develop and in any other case create new strategic enterprise alternatives They intention to permit for the easy interpretation of these massive information Figuring out new alternatives and implementing an effective technique primarily based on insights can present companies with a competitive market …