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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 ...
t. e. In common usage, data ( / ˈdeɪtə /, also US: / ˈdætə /; ) is a collection of discrete or continuous values that convey information, describing the quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpreted formally. A datum is an individual value in a collection ...
The semantic layer enables business users to have a common "look and feel" when accessing and analyzing data stored in relational databases and OLAP cubes. This is claimed to be core business intelligence (BI) technology that frees users from IT while ensuring correct results. Business Views is a multi-tier system that is designed to enable ...
Big data vs. business intelligence. The growing maturity of the concept more starkly delineates the difference between "big data" and "business intelligence": Business intelligence uses applied mathematics tools and descriptive statistics with data with high information density to measure things, detect trends, etc.
Penalties for violating data privacy laws that came into effect in China in 2021 are a major risk factor for data operations, groups representing foreign businesses in China say.