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Business intelligence is a set of strategies, processes, applications and technologies etc used to access and analyze data and present actionable information to help corporate executives, business managers and other users to make informed business decisions. At business intelligence homework help, you will have the help you need for your assignment, from the best in the market at the best prices. Try us once to know the difference in our services.
What is the objective of business intelligence?
Companies regularly fail to make accurate decisions about the changes in their business and markets. That is why; there was a need for tools that can help decision makers with their task. As the decision is made on a strong foundation laid out by the tools, business intelligence is receiving appreciation in the market. Businesses create huge loads of data in the form of e-mails, notes, news, chats, reports, presentations, image files, video files, web pages etc. This is called semi structured or unstructured data. Organizations do not draw upon this vast reservoir of information as it is extremely difficult to search, find and assess such data. This affects their decision making. The solution developed to deal with such data is known under an umbrella term BI tools. But caution needs to be exercised in designing a BI solution. The specific problems associated with data whether unstructured or structured must be accommodated in the solution to improve the accuracy of results. You need to explore the topic in depth to score in assignments. We at business intelligence homework help will empower you with inside information that will push you to the top of your class.
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Trends in business intelligence
Business intelligence market is a new one but given the results it can produce, a lot of research is done in the area. Many papers have tried to predict the future in the business intelligence market. Some were in line with current trends and some were off. A few of the trends are listed below.
1. Employees increasingly engage with cloud based tools than traditional BI (business intelligence) tools.
2. Companies embrace in memory processing, 64 bit processing and pre- packaged analytic BI applications.
3. Applications have BI components that are callable with improved response times, scaling and concurrency.
4. Open source BI applications are offering attractive packages and replacing vendor applications.
5. The research is on about not having to make assumptions on input data and accommodating uncertainty in the results produced by BI.
The applications are continually evolving and trends are changing with them. You need to be aware of these changes to do well in assignments. As our team, at business intelligence homework help works closely with such topics in firms, they can provide invaluable help in writing assignments.
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