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According to Forrester Research, business intelligence is "a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making." [11] Under this definition, business intelligence ...
Business analytics. Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods.
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science ...
Business metadata is data that adds business context to other data. [1] It provides information authored by business people and/or used by business people. It is in contrast to technical metadata, which is data used in the storage and structure of the data in a database or system. Technical metadata includes the database table name and column ...
Data Warehouse and Data mart overview, with Data Marts shown in the top right.. In computing, a data warehouse (DW or DWH), also known as an enterprise data warehouse (EDW), is a system used for reporting and data analysis and is considered a core component of business intelligence. [1]
Data as a service (DaaS) is a cloud -based software tool used for working with data, such as managing data in a data warehouse or analyzing data with business intelligence. It is enabled by software as a service (SaaS). [1] Like all "as a service" (aaS) technology, DaaS builds on the concept that its data product can be provided to the user on ...
A business analyst (BA) is a person who processes, interprets and documents business processes, products, services and software through analysis of data. [1][2][3][4] The role of a business analyst is to ensure business efficiency increases through their knowledge of both IT and business function. [5]
As the use of artificial intelligence is expands, more small firms say they're harnessing AI to help their businesses. In a survey by The U.S. Chamber of Commerce and Teneo, nearly every small ...