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Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence (BI). The applications generally read data that has been previously stored, often - though not necessarily - in a data warehouse or data mart .
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Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
OLAP is part of the broader category of business intelligence, which also encompasses relational databases, report writing and data mining. [3] Typical applications of OLAP include business reporting for sales, marketing , management reporting, business process management (BPM), [ 4 ] budgeting and forecasting , financial reporting and similar ...
Microsoft Power BI is an interactive data visualization software product developed by Microsoft with a primary focus on business intelligence (BI). [7] It is part of the Microsoft Power Platform. Power BI is a collection of software services, apps, and connectors that work together to turn various sources of data into static and interactive ...
Many small business owners still view artificial intelligence tools as too complex or only suitable for larger businesses. But AI's potential is more user-friendly and accessible than ever before. 3.
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