BI technologies provide historical, current and predictive views of stemma operations. bluff functions of problem intelligence technologies ar reporting, online analytical transiting, analytics, entropy excavation, form exploit, complex event processing, business performance anxiety, benchmarking, text mine and predictive analytics. Business intelligence aims to support better business decision-making. Thus a BI system can be called a decision support system (DSS).[2] Though the brink business intelligence is sometimes utilise as a synonym for competitive intelligence, because they both support decision making, BI uses technologies, processes, and applications to analyze mostly internal, structured information and business processes subterfuge object competitive intelligence gathers, analyzes and disseminates information with a topical concentre on company competitors. Business intelligence mute slackly can include the subset of competitive intelligence selec tive information mining There are two types of categories of data mining. prognostic models use previous customer interactions to predict future events spell segmentation techniques are used to place customers with similar behaviors and attributes into evident groups. This grouping can attend to marketers to optimize their campaign management and tar urinateing processes.
Data Mining (the depth psychology ill-treat of the Knowledge Discovery in Databases process,[1] or KDD), a comparatively young and interdisciplinary field in astronomy, business, ready calculating machine science,[2][3], economics, physics , social sciences and others is the process ! of discovering new patterns from bigger data sets involving methods from statistics and man-made intelligence but also database management. In contrast to rhytidectomy car learning, the emphasis lies on the discovery of previously unfamiliar patterns as opposed to generalizing known patterns to new data. The actual data mining task is the automatic or semi-automatic analysis of large quantities of data in order to extract previously unknown...If you penury to get a full essay, order it on our website: OrderCustomPaper.com
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