Explain the major elements of Data, Analysis and Presentation in Business Intelligence, and how the organization was impacted by the BI development

 

Major elements of Data, Analysis and presentation in Business intelligence are as follows are ;

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics.

This assist when strategizing for something as comprehensive as data analysis.

how the organization was impacted by the BI development?

BI major components are; OLAP(online analytical processing}, Advanced Analytics, Real time BI, Data Warehousing and data sources.

Impact of BI in business includes the following;

Great BI helps businesses and organizations ask and answer questions of their data.

BI helps companies make better decisions by showing present and historical data within their business context.

BI turns data into useable information

BI improves the visibility of core business components.

BI improves organization ROI and its ability to achieve its goals.

BI improves understanding of consumer behavior.