Wikipedia Entry – Business Intelligence

Posted by & filed under Business Analytics, Business Intelligence.

Description: Link to Wikipedia BI definition & clarification.  Business Intelligence (BI) – Common functions of business intelligence applications are reporting, OLAP, analytics, data mining, business performance management, benchmarks, text mining, and predictive analytics.  BI is computer-based decision analysis usually done online by managers & staff. Source: Wikipedia Date: 12/1/2010 Link:  http://en.wikipedia.org/wiki/Business_intelligence Discussion Questions: Define Business Intelligence and… Read more »

Wikipedia Entry – Business Analytics

Posted by & filed under Business Analytics, Social Networks.

Description: Definitions, and the understanding of their meaning, are foundational to building a knowledge base.  The definition of “business analytics” is from Wikipedia and is presented for discussion as we begin to study this topic.  Business analytics is defined in this source as the extensive use of data, statistical and quantitative analysis, explanatory and predictive modeling,… Read more »