Business Intelligence (BI) refers to the technologies, applications, strategies, and practices used for the collection, integration, analysis, and presentation of business information. The primary objective is to support better decision-making within an organization.
Business Intelligence (BI) refers to the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations.
Corporate Performance Management (CPM) encompasses the methodologies, metrics, processes, and systems used to monitor and manage the business performance of an enterprise. CPM is a form of business intelligence used to gauge and manage organizational performance to achieve strategic goals and corporate initiatives.
The process of extracting useful knowledge from the huge volumes of data kept in modern computer databases using sophisticated algorithms and statistical techniques.
A Decision Support System (DSS) is a computerized information system used to support decision-making activities in an organization, typically integrating various data sources and analytical models to assist in decision-making processes.
A Decision Support System (DSS) is an information system that supports business or organizational decision-making activities. DSSs serve the management, operations, and planning levels of an organization and help in making decisions, which may be rapidly changing and not easily specified in advance.
Enterprise Performance Management (EPM) is a framework used by organizations to monitor and manage their performance against key business objectives. It encompasses strategies, tools, and processes that provide comprehensive insights into business performance.
An information system designed to provide financial and quantitative information to all levels of management in an organization. Modern MIS solutions provide data from integrated computer databases constantly updated from all organizational areas in a structured manner.
A Marketing Information System (MIS) is a structured approach that facilitates the systematic collection, analysis, and distribution of marketing data. This system enables marketing managers to make informed decisions.
Online Analytical Processing (OLAP) is a powerful technology used in the realm of business intelligence to analyze data efficiently from multiple perspectives. It enables quick retrieval of information and facilitates complex business queries and reports.
OLAP enables users to extract specific types of data from multidimensional databases and analyze that information in multiple ways. It's useful for answering detailed and complex queries regarding products, sales, and marketing costs.
