Frontiers of Business Intelligence and Analytics
To understand definitions regarding the taxonomy of BI, read this paper, where an example of the methodology in the research process is used. It also discusses how the taxonomy for BI and analysis was developed, how it is applied, and an analysis of the current status with predicted development for the next wave or 3.0 of BI, as well as potential gaps. A clear diagram of the taxonomy development process is shown in Figure 6. While a picture is worth a thousand words, sometimes you must explain complex processes narratively.
Results
Analytics maturity
As described in Sect. 4, analytics maturity comprises four evolution stages of data analytics capabilities and is based on the Gartner Business Analytics Framework. The majority of papers address the descriptive maturity level (25), followed by 18 research papers, having a predictive maturity level. Eight papers address the Diagnostic level, such as Ngai et al., introducing a context-aware decision support for real-time accident handling and rescheduling. Solely the research work of Krumeich et al. could be classified as Prescriptive, as it contains an approach for the prescriptive controlling of business processes based on process events. By analyzing complex events, the approach predicts the optimal behavior of a certain business process.