Business Intelligence
Completion requirements
Explore this article to understand the definitions and common functions of BI technologies, which include reporting, online analytical processing (OLAP), analytics, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics.
Components
Business intelligence is made up of an increasing number of components including:
- Multidimensional aggregation and allocation
- Denormalization, tagging, and standardization
- Realtime reporting with analytical alert
- A method of interfacing with unstructured data sources
- Group consolidation, budgeting, and rolling forecasts
- Statistical inference and probabilistic simulation
- Key performance indicators optimization
- Version control and process management
- Open item management