Business intelligence is comprised of information that contains patterns

Business intelligence is comprised of information that contains patterns

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08/12/2008 14:50:00 Business intelligence is comprised of  information that contains patterns,  relationships, and trends about customers, suppliers, business partners, and  employees.  Business intelligence tools are computer programs that implement a particular BI  technique. The techniques are categorized three ways: Reporting tools  read data, process them, and format the data into structured  reports that are delivered to users. They are used primarily for assessment. Data-mining tools  process data using statistical techniques, search for patterns  and relationships, and make predictions based on the results
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Knowledge-management tools  store employee knowledge, make it available to  whomever needs it. These tools are distinguished from the others because the source  of the data is human knowledge. RFM Analysis allows you to analyze and rank customers according to purchasing 
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Business intelligence is comprised of information that contains patterns

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