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
*reporting
*online analytical processing
*analytics, data mining
*process mining
*complex event processing
*business performance management
*benchmarking
*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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