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Business intelligence

Index Business intelligence

Business intelligence (BI) consists of strategies and technologies used by enterprises for the data analysis and management of business information. [1]

Table of Contents

  1. 95 relations: Aggregate (data warehouse), Agile Business Intelligence, Analytic applications, Analytics, Artificial intelligence marketing, Babson College, Benchmarking, Big data, Business, Business activity monitoring, Business analyst, Business analytics, Business Intelligence 2.0, Business Intelligence Competency Center, Business intelligence software, Business opportunity, Business performance management, Business process discovery, Business process management, Business process modeling, Collaboration, Competitive intelligence, Complex event processing, Customer dynamics, Customer relationship management, Dashboard (computing), Data, Data analysis, Data and information visualization, Data collection, Data engineering, Data integration, Data lineage, Data mart, Data mining, Data quality, Data reporting, Data science, Data sharing, Data storage, Data warehouse, Database administrator, Decision intelligence, Decision support system, Decision-making, Denormalization, Electronic data interchange, Embedded analytics, Enterprise planning system, Executive information system, ... Expand index (45 more) »

  2. Financial data analysis
  3. Information management

Aggregate (data warehouse)

An aggregate is a type of summary used in dimensional models of data warehouses to shorten the time it takes to provide answers to typical queries on large sets of data.

See Business intelligence and Aggregate (data warehouse)

Agile Business Intelligence

Agile Business Intelligence (BI) refers to the use of Agile software development for BI projects to reduce the time it takes to show value to the organization in comparison to other approaches.

See Business intelligence and Agile Business Intelligence

Analytic applications

Analytic applications are a type of business application software, used to measure and improve the performance of business operations.

See Business intelligence and Analytic applications

Analytics

Analytics is the systematic computational analysis of data or statistics. Business intelligence and Analytics are financial data analysis.

See Business intelligence and Analytics

Artificial intelligence marketing

Artificial intelligence marketing (AIM) is a form of marketing that uses artificial intelligence concepts and models such as machine learning, Natural process Languages, and Bayesian Networks to achieve marketing goals.

See Business intelligence and Artificial intelligence marketing

Babson College

Babson College is a private business school in Wellesley, Massachusetts.

See Business intelligence and Babson College

Benchmarking

Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies.

See Business intelligence and Benchmarking

Big data

Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data-processing application software. Business intelligence and Big data are data management.

See Business intelligence and Big data

Business

Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services).

See Business intelligence and Business

Business activity monitoring

Business activity monitoring (BAM) is software that aids the monitoring of business activities that are implemented in computer systems.

See Business intelligence and Business activity monitoring

Business analyst

A business analyst (BA) is a person who processes, interprets and documents business processes, products, services and software through analysis of data.

See Business intelligence and Business analyst

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.

See Business intelligence and Business analytics

Business Intelligence 2.0

Business Intelligence 2.0 (BI 2.0) is a development of the existing business intelligence model that began in the mid-2000s, where data can be obtained from many sources.

See Business intelligence and Business Intelligence 2.0

Business Intelligence Competency Center

A Business Intelligence Competency Center (BICC) is a cross-functional organizational team that has defined tasks, roles, responsibilities and processes for supporting and promoting the effective use of Business Intelligence (BI) across an organization.

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Business intelligence software

Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence.

See Business intelligence and Business intelligence software

Business opportunity

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc.

See Business intelligence and Business opportunity

Business performance management

Business performance management (BPM) (also known as corporate performance management (CPM) enterprise performance management (EPM), organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.

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Business process discovery

Business process discovery (BPD) related to business process management and process mining is a set of techniques that manually or automatically construct a representation of an organisations' current business processes and their major process variations.

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Business process management

Business process management (BPM) is the discipline in which people use various methods to discover, model, analyze, measure, improve, optimize, and automate business processes.

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Business process modeling

Business process modeling (BPM), mainly used in business process management; software development, or systems engineering, is the action of capturing and representing processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated.

See Business intelligence and Business process modeling

Collaboration

Collaboration (from Latin com- "with" + laborare "to labor", "to work") is the process of two or more people, entities or organizations working together --> to complete a task or achieve a goal.

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Competitive intelligence

Competitive intelligence (CI) is the process and forward-looking practices used in producing knowledge about the competitive environment to improve organizational performance.

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Complex event processing

Event processing is a method of tracking and analyzing (processing) streams of information (data) about things that happen (events), and deriving a conclusion from them.

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Customer dynamics

Customer dynamics is an emerging theory on customer-business relationships that describes the ongoing interchange of information and transactions between customers and organizations.

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Customer relationship management

Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information.

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Dashboard (computing)

In computer information systems, a dashboard is a type of graphical user interface which often provides at-a-glance views of data relevant to a particular objective or process through a combination of visualizations and summary information. Business intelligence and dashboard (computing) are data management.

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Data

In common usage, data 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. Business intelligence and data are data management.

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Data analysis

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. Business intelligence and data analysis are data management.

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Data and information visualization

Data and information visualization (data viz/vis or info viz/vis) is the practice of designing and creating easy-to-communicate and easy-to-understand graphic or visual representations of a large amount of complex quantitative and qualitative data and information with the help of static, dynamic or interactive visual items.

See Business intelligence and Data and information visualization

Data collection

Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes.

See Business intelligence and Data collection

Data engineering

Data engineering refers to the building of systems to enable the collection and usage of data. Business intelligence and data engineering are data management.

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Data integration

Data integration involves combining data residing in different sources and providing users with a unified view of them. Business intelligence and data integration are data management.

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Data lineage

Data lineage includes the data origin, what happens to it, and where it moves over time. Business intelligence and data lineage are data management.

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Data mart

A data mart is a structure/access pattern specific to data warehouse environments, used to retrieve client-facing data.

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Data mining

Data mining is the process of extracting and discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.

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Data quality

Data quality refers to the state of qualitative or quantitative pieces of information. Business intelligence and Data quality are data management.

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Data reporting

Data reporting is the process of collecting and submitting data.

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Data science

Data science is an interdisciplinary academic field that uses statistics, scientific computing, scientific methods, processes, scientific visualization, algorithms and systems to extract or extrapolate knowledge and insights from potentially noisy, structured, or unstructured data.

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Data sharing

Data sharing is the practice of making data used for scholarly research available to other investigators.

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Data storage

Data storage is the recording (storing) of information (data) in a storage medium. Business intelligence and Data storage are data management.

See Business intelligence and Data storage

Data warehouse

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. Business intelligence and data warehouse are data management.

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Database administrator

A database administrator (DBA) manages computer databases. Business intelligence and database administrator are data management.

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Decision intelligence

Decision intelligence is an engineering discipline that augments data science with theory from social science, decision theory, and managerial science.

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Decision support system

A decision support system (DSS) is an information system that supports business or organizational decision-making activities.

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Decision-making

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.

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Denormalization

Denormalization is a strategy used on a previously-normalized database to increase performance.

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Electronic data interchange

Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders, advance ship notices, and invoices.

See Business intelligence and Electronic data interchange

Embedded analytics

Embedded analytics enables organisations to integrate analytics capabilities into their own, often software as a service, applications, portals, or websites. Business intelligence and Embedded analytics are data management.

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Enterprise planning system

An enterprise planning system covers the methods of planning for the internal and external factors that affect an enterprise.

See Business intelligence and Enterprise planning system

Executive information system

An executive information system (EIS), also known as an executive support system (ESS), is a type of management support system that facilitates and supports senior executive information and decision-making needs.

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Financial statement

Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.

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Forecasting

Forecasting is the process of making predictions based on past and present data.

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Forrester Research

Forrester is a research and advisory company that offers a variety of services including research, consulting, and events.

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Gartner

Gartner, Inc. is an American technological research and consulting firm based in Stamford, Connecticut, that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences.

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Goal

A goal or objective is an idea of the future or desired result that a person or a group of people envision, plan, and commit to achieve.

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Hans Peter Luhn

Hans Peter Luhn (July 1, 1896 – August 19, 1964) was an American researcher in the field of computer science and Library & Information Science for IBM, and creator of the Luhn algorithm, KWIC (Key Words In Context) indexing, and selective dissemination of information ("SDI").

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Hypernymy and hyponymy

Hypernymy and hyponymy are the semantic relations between a generic term (hypernym) and a specific instance of it (hyponym).

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IBM

International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries.

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Information

Information is an abstract concept that refers to something which has the power to inform.

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Information extraction

Information extraction (IE) is the task of automatically extracting structured information from unstructured and/or semi-structured machine-readable documents and other electronically represented sources.

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Information management

Information management (IM) is the appropriate and optimized capture, storage, retrieval, and use of information.

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Information retrieval

Information retrieval (IR) in computing and information science is the task of identifying and retrieving information system resources that are relevant to an information need.

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Insight

Insight is the understanding of a specific cause and effect within a particular context.

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Integrated business planning

Integrated business planning (IBP) is a process for translating desired business outcomes into financial and operational resource requirements, with the overarching objective of maximizing profit and / or cash flow, while cutting down risk.

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Knowledge management

Knowledge management (KM) is the collection of methods relating to creating, sharing, using and managing the knowledge and information of an organization.

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Learning management system

A learning management system (LMS) or virtual learning environment (VLE) is a software application for the administration, documentation, tracking, reporting, automation, and delivery of educational courses, training programs, materials or learning and development programs.

See Business intelligence and Learning management system

Management information system

A management information system (MIS) is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization.

See Business intelligence and Management information system

Market segmentation

In marketing, market segmentation or customer segmentation is the process of dividing a consumer or business market into meaningful sub-groups of current or potential customers (or consumers) known as segments.

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Merrill (company)

Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America.

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Metadata

Metadata (or metainformation) is "data that provides information about other data", but not the content of the data itself, such as the text of a message or the image itself. Business intelligence and Metadata are data management.

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Mobile business intelligence

Mobile Business Intelligence (Mobile BI or Mobile Intelligence) is defined as “Mobile BI is a system comprising both technical and organizational elements that present historical and/or real-time information to its users for analysis on mobile devices such as smartphones and tablets (not laptops), to enable effective decision-making and management support, for the overall purpose of increasing firm performance.” (Peters et al., 2016). Business intelligence and mobile business intelligence are financial data analysis.

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Multiclass classification

In machine learning and statistical classification, multiclass classification or multinomial classification is the problem of classifying instances into one of three or more classes (classifying instances into one of two classes is called binary classification).

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Online analytical processing

In computing, online analytical processing, or OLAP, is an approach to quickly answer multi-dimensional analytical (MDA) queries. Business intelligence and online analytical processing are data management.

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Operational intelligence

Operational intelligence (OI) is a category of real-time dynamic, business analytics that delivers visibility and insight into data, streaming events and business operations.

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Performance indicator

A performance indicator or key performance indicator (KPI) is a type of performance measurement.

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Positioning (marketing)

Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors.

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Predictive analytics

Predictive analytics is a form of business analytics applying machine learning to generate a predictive model for certain business applications.

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Predictive modelling

Predictive modelling uses statistics to predict outcomes.

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Prescriptive analytics

Prescriptive analytics is a form of business analytics which suggests decision options for how to take advantage of a future opportunity or mitigate a future risk, and shows the implication of each decision option.

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Pricing

Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan.

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Process mining

Process mining is a family of techniques used to analyze event data in order to understand and improve operational processes.

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Real-time business intelligence

Real-time business intelligence (RTBI) is a concept describing the process of delivering business intelligence (BI) or information about business operations as they occur.

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Regulatory compliance

In general, compliance means conforming to a rule, such as a specification, policy, standard or law.

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Semi-structured data

Semi-structured data is a form of structured data that does not obey the tabular structure of data models associated with relational databases or other forms of data tables, but nonetheless contains tags or other markers to separate semantic elements and enforce hierarchies of records and fields within the data.

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Siege of Namur (1695)

The 1695 Siege of Namur or Second Siege of Namur took place during the Nine Years' War between 2 July and 4 September 1695.

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Sir Henry Furnese, 1st Baronet

Sir Henry Furnese, 1st Baronet (30 May 1658 – 30 November 1712), of Waldershare, Kent, and Dover Street, Westminster, was an English merchant and Whig politician who sat in the English and British House of Commons between 1698 and 1712.

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Statistical inference

Statistical inference is the process of using data analysis to infer properties of an underlying distribution of probability.

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Strategic management

In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates.

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Terminology

Terminology is a group of specialized words and respective meanings in a particular field, and also the study of such terms and their use; the latter meaning is also known as terminology science.

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Test and learn

Test and learn is a set of practices followed by retailers, banks and other consumer-focused companies to test ideas in a small number of locations or customers to predict impact.

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Text mining

Text mining, text data mining (TDM) or text analytics is the process of deriving high-quality information from text.

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Thomas H. Davenport

Thomas Hayes "Tom" Davenport, Jr. (born October 17, 1954) is an American academic and author specializing in analytics, business process innovation, knowledge management, and artificial intelligence.

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Unstructured data

Unstructured data (or unstructured information) is information that either does not have a pre-defined data model or is not organized in a pre-defined manner.

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Version control

Version control (also known as revision control, source control, and source code management) is the software engineering practice of controlling computer files and versions of files; primarily source code text files, but generally any type of file.

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Webster's Dictionary

Webster's Dictionary is any of the English language dictionaries edited in the early 19th century by Noah Webster (1758–1843), an American lexicographer, as well as numerous related or unrelated dictionaries that have adopted the Webster's name in his honor.

See Business intelligence and Webster's Dictionary

See also

Financial data analysis

Information management

References

[1] https://en.wikipedia.org/wiki/Business_intelligence

Also known as BI software, Banking Business Intelligence, Business Intelligence Software at SYSCO, Business Intelligence System, Business Intelligence portal, Business discovery, Business information, Business intelligence technology, History of business intelligence, Multi-channel analytics, Self-Service Business Intelligence.

, Financial statement, Forecasting, Forrester Research, Gartner, Goal, Hans Peter Luhn, Hypernymy and hyponymy, IBM, Information, Information extraction, Information management, Information retrieval, Insight, Integrated business planning, Knowledge management, Learning management system, Management information system, Market segmentation, Merrill (company), Metadata, Mobile business intelligence, Multiclass classification, Online analytical processing, Operational intelligence, Performance indicator, Positioning (marketing), Predictive analytics, Predictive modelling, Prescriptive analytics, Pricing, Process mining, Real-time business intelligence, Regulatory compliance, Semi-structured data, Siege of Namur (1695), Sir Henry Furnese, 1st Baronet, Statistical inference, Strategic management, Terminology, Test and learn, Text mining, Thomas H. Davenport, Unstructured data, Version control, Webster's Dictionary.