Gartner business intelligence definition

GARTNER BUSINESS INTELLIGENCE DEFINITION SOFTWARE LICENSE
GARTNER BUSINESS INTELLIGENCE DEFINITION SOFTWARE

What are Business Intelligence Platforms?ДЄ business intelligence platform enables businesses to utilize existing data architecture and create custom business intelligence applications that make information available for analysts to query and visualize. Data visualization software: facilitates the detection of patterns and correlations by providing visual context.

GARTNER BUSINESS INTELLIGENCE DEFINITION SOFTWARE

Location intelligence (LI): software that is designed to relate geographic contexts to business data.Collaborative BI: the merging of business intelligence software with collaboration tools in order to streamline the sharing process.

GARTNER BUSINESS INTELLIGENCE DEFINITION SOFTWARE LICENSE

Open source BI (OSBI): business intelligence software solutions that do not require purchasing a software license.Software-as-a-service BI (SaaS BI): a cloud-hosted, subscription-based delivery model for business intelligence software solutions.Operational BI: a data analysis approach that utilizes real-time business analytics to automatically integrate real-time data into operational system for immediate use.Real-time BI: a data analytics approach that delivers real-time information to users by feeding business transactions into a real-time data warehouse.Mobile BI: software that optimizes desktop business intelligence for mobile devices.

Online analytical processing (OLAP): a computing method that enables multi-dimensional analytical queries.

Ad hoc analytics: an analysis process designed to answer specific questions on the spot.

Such business intelligence solutions include: Modern business intelligence systems prioritize self-service analysis, empowering businesses to gain insight into their market and improve performance with comprehensive data discovery tools, methods, processes, and platforms. What are Business Intelligence Tools ( BI Tools)?

Data visualization: provides visual representations such as charts and graphs for easy data analysis.

Statistical analysis: collecting the results from descriptive analytics and applying statistics in order to identify trends.

Descriptive analytics: the interpretation of historical data to draw comparisons and better understand changes that have occurred in a business.

Benchmarking: comparing current business processes and performance metrics to historical data to track performance against industry bests.

Reporting: sharing operating and financial data analysis with decision-makers so they can draw conclusions and make decisions.

Data preparation: the process of combining and structuring data in order to prepare it for analysis.

Querying: a request for specific data or information from a database.

Data mining: sorting through large datasets using databases, statistics, and machine learning to identify trends and establish relationships.

Common business intelligence functions include: Business intelligence reporting is not a linear practice, rather, it is a continuous, multifaceted cycle of data access, exploration, and information sharing. What are Business Intelligence Techniques?Д«usiness intelligence technologies use advanced statistics and predictive analytics to help businesses draw conclusions from data analysis, discover patterns, and forecast future events in business operations. Business intelligence environments consist of a variety of technologies, applications, processes, strategies, products, and technical architectures used to enable the collection, analysis, presentation, and dissemination of internal and external business information. Business intelligence systems combine data gathering, data storage, and knowledge management with data analysis to evaluate and transform complex data into meaningful, actionable information, which can be used to support more effective strategic, tactical, and operational insights and decision-making.

Gartner business intelligence definition