BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Business intelligence (BI) refers to the procedural and technical infrastructure that collects, stores, and analyzes the data produced by a company’s activities. BI is a broad term that encompasses data mining, process analysis, performance benchmarking, and descriptive analytics.

Detailed explanation-2: -Business intelligence (BI) is a technology-driven process for analyzing data and delivering actionable information that helps executives, managers and workers make informed business decisions.

Detailed explanation-3: -Business intelligence includes data analytics and business analytics but uses them only as parts of the whole process. BI helps users draw conclusions from data analysis. Data scientists dig into the specifics of data, using advanced statistics and predictive analytics to discover patterns and forecast future patterns.

Detailed explanation-4: -The purpose of business intelligence in a business is to help corporate executives, business managers, and other operational workers make better and more informed business decisions. Companies also use business intelligence to cut costs, identify new business opportunities, and spot inefficient business processes.

Detailed explanation-5: -What is business intelligence? Business intelligence is a method that combines business analytics, data mining, data visualization, data tools, infrastructure, and best practices to provide organizations with the tools to make better, more data-driven decisions.