business intelligence it's features

What is bi its features
Business intelligence (BI) is a broad term that uses software to combine data mining, data visualization, and other tools and techniques to help organizations make data-driven decisions.
BI uses software to analyze data sets and present findings in reports and dashboards. It can include: Data mining, Process analysis, Performance benchmarking, Descriptive analytics. 
BI can help users draw conclusions from data analysis. Data scientists can use advanced statistics and predictive analytics to discover patterns and forecast future patterns. 
Some features of BI tools include: 
Increased accuracy
More real-time data
Improved collaboration
Enhanced AI integration
Greater scalability
Ad hoc reporting
Embedding and white labeling capabilities
BI can also be used to manage inventory and warehouse activity. It can provide the ability to see how much stock is on hand and the sales history of that stock. 


Comments

Post a Comment

Popular posts from this blog

what is virus on the internet || cyber law subject || Tyit Mumbai University|| 6 sem

Image
What is virus for the stnad V = vital  I = information R = resources U= under  S= seize  Why are computer viruses? Computer viruses exist for various reasons, but they are primarily created by individuals or groups with malicious intent. These malicious entities may create viruses to gain unauthorized access to computer systems, steal sensitive information, disrupt computer networks, or cause other types of harm. What are the 4 types of viruses in computer? Direct Action Virus. Boot Sector Virus. Multipartite Virus. Overwrite Virus. Polymorphic Virus. What was the first computer virus? Brain, the first PC virus, began infecting 5.2" floppy disks in 1986. As Securelist reports, it was the work of two brothers, Basit and Amjad Farooq Alvi, who ran a computer store in Pakistan. Who is father of computer virus? von Neumann In his essay von Neumann described how a computer program could be designed to reproduce itself. Von Neumann's design for a self-reproducing computer progr...
Read more

Explain different phases in development of business intelligence system.

Image
Explain different phases in development of business intelligence system. Answer: Phases in the development of Business Intelligence System: Analysis : During the first phase, the needs of the organization relative to the development of a business intelligence system should be carefully identified. This preliminary phase is generally conducted through a series of interviews of knowledge workers performing different roles and activities within the organization. It is necessary to clearly describe the general objectives and priorities of the project, as well as to set out the costs and benefits deriving from the development of the business intelligence system. Design : The second phase includes two sub-phases and is aimed at deriving a provisional plan of the overall architecture, taking into account any development in the near future and the evolution of the system in the mid-term. First, it is necessary to make an assessment of the existing information infrastructure...
Read more