Essentials of MIS (12th Edition)
12th Edition
ISBN: 9780134238241
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 11, Problem 7DQ
Program Plan Intro
BI (Business Intelligence) systems:
- An
information system that are used in assisting managers and other professionals in analyzing the current activities, past activities, and even also in predicting the future activities or events of business process is called as Business Intelligence system. - Business Intelligence is mainly used in making better decision in processing business Information.
- They are also called as Data-Driven decision support system.
- Any raw source of data that are present is being converted in the form of reports, such that the reports can be used in for the analysis and prediction.
Therefore, BI (Business Intelligence) systems are information system that aids mangers and other professionals in analysis of past and current activities and also prediction of future events.
Business Analytics:
Business Analytics (BA) is also the vendor-defined term which is focused mainly on tools and techniques used for the analysing and understanding the data.
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