BI helps in managing data and making decisions.
Data management is a process of administration that includes protective, storing, validating, acquiring, and processing of data. It is important to have the security of data and processing of data to ensure that there will be no loss of data.
Creative data scientists are those who understand the business and all analytics tools. They also know about the strength and weakness of the data, tools, and techniques and use this information to make superior decisions in an uncertain environment.
The key components are the following: