It is common knowledge that in today's business environment, organizations must continually strive to achieve a competitive advantage. Likewise, they are reliant on large amounts of data to make their business decisions.
Business intelligence is the transformation of raw data into meaningful and useful information for business analysis purposes .
Business intelligence can handle enormous amounts of unstructured data to identify , help and develop and otherwise help create new business strategic opportunities .
Business intelligence is made up of increasing numbers of components -
Multidimensional aggregation and allocation
Normalization, tagging and standardization
Realtime reporting with analytical alert
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