A computer system is a collection of hardware and software components designed to provide an effective tool for computation. Computer system are used in every walk of life to assist us in the various tasks we perform. The wide availability of the internet has enhance the use of computer for information sharing and communication. Computer system allows us to store, process, display and communicate information. In any modern computer system even a simple one, in general needs several different programs in order to accomplish its various functions.

Thursday, July 6, 2017

What are the functions of business intelligence?

The most well-known definitions of business intelligence is “The right information to the right person at the right time in the right way.”

Intelligence involves knowing information about competitors, such as their profitability and turnover rate. The most important thing to gain from intelligence is knowledge of customers and potential customers.
Business intelligence technologies provide historical, current and predictive views of business operations. Common functions of business intelligence technologies include
*online analytical processing
*analytics, data mining
*process mining
*complex event processing
*business performance management
*text mining
*predictive analytics
*prescriptive analytics

Business intelligence system queries a data source, uses techniques such as online analytical processing and data mining to analyze information in the source and reports the results of its work.
What are the functions of business intelligence?
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