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Business intelligence (BI) refers to the techniques and technologies used by businesses to analyze and interpret data. Business intelligence (BI) systems provide historical, present, and predictive perspectives of a company’s activities, including the impact of its business decisions.
Reporting, online analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics are all common features of business intelligence technologies.
BI technologies can help uncover, develop, and otherwise create new strategic business possibilities by handling enormous amounts of structured and sometimes unstructured data.