Business intelligence as it is understood today is said to have evolved from the decision support systems (DSS) that began in the 1960s and developed throughout the mid-1980s. Created for stability, scalability, and efficiency, Oracle Business Intelligence Enterprise Edition 11g provides workable, relevant and contextual perception to everybody within an business, leading to enhanced decision-making, better-informed steps, and more effective business operations.
From the point of view of information technology, we can say that BI is a set of methodologies, applications and technologies that allow a business to the group and transform the data obtained from structured information systems to do analysis and information generation and improving the process decision-making of the business.
Because the tools are typically fairly simple, using BI as a big data front end enables a broad number of potential users to get involved rather than the typical approach of highly specialized data architects being the only ones with visibility into data.
BI programs may also incorporate forms of advanced analytics, such as data mining, predictive analytics , text mining, statistical analysis and big data analytics In many cases, though, advanced analytics projects are conducted and managed by separate teams of data scientists , statisticians, predictive modelers and other skilled analytics professionals, while BI teams oversee more straightforward querying and analysis of business data.
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