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Business intelligence is the foundation for a green information system network that supports an organization’s ability to manage, communicate and develop its intangible assets sustainably. As interactions with other developed countries intensifies, so does the need to share information and knowledge. These intangible assets serve as a new commodity for business intelligence. Learn more in: Green Information Systems for Sustainability 8. The process of gathering information in the field of business. The goal is to gain competitive advantage. Information gathered usually refers to customers (their needs, their decision making processes), the market (competitors, conditions in the industry), and general factors that may affect the market (the economy at large, technology, culture). Learn more in: Knowledge Management and Intelligence Work: A Promising Combination 14. A set of theories, methodologies, architectures, and technologies that transform raw data into meaningful and useful information and knowledge for business purposes, by handling large amounts of both structured and unstructured data. Learn more in: OLAP over XLM Data 15. Business intelligence is a corporation’s ability to access and employ information usually contained in a data warehouse. With the information, the corporation can analyze and develop insights and understanding that lead to improved and informed business decision making. Learn more in: Data Warehousing for Decision Support 20. Business intelligence (BI) is the ability of an organization to collect, maintain, and organize knowledge. BI technologies provide historical, current and predictive views of business operations. Common functions of business intelligence technologies are reporting, online analytical processing (OLAP), analytics, process mining, complex event processing, business performance management, benchmarking. Learn more in: Integrated Data Mining and Business Intelligence 22. The process of using advanced applications and technologies to gather, store, analyse and transform overloaded business information into knowledge that provides significant business value in improving the effectiveness of managerial decision making. Learn more in: Business Intelligence 31. A corporation’s ability to access and employ information usually contained in a data warehouse. With the information, the corporation can analyze and develop insights and understanding that lead to improved and informed business decision making. Learn more in: Organizational Data Warehousing 41. Business Intelligence (BI) is defined as ‘‘the set of techniques and tools for the transformation of raw data into meaningful and useful information for Business Analysis purposes”. BI technologies are capable of handling large amounts of unstructured data to help identify, develop, and otherwise create new strategic business opportunities ( Vasarhelyi et al., 2015 ). Learn more in: Big Data and Its Role in Facilitating the Visualization of Financial Analytics 45. Business intelligence (BI), a term coined in the late 1980s, describes the enterprise’s ability to access and explores information, analyzing that information and developing insights and understanding, which leads to improved and informed decision making. BI products include decision support systems (DSS), executive information systems (EIS), and query and report writing tools. Learn more in: Organizational Implications of Managing the HRIS Employee Experience 46. Business intelligence (BI) refers to “a collection of data warehousing, data mining, analytics, reporting and visualization technologies, tools, and practices to collect, integrate, cleanse, and mine enterprise information for decision making” ( Dayal et al., 2009 , p. 1). Learn more in: Empirical Investigation on the Evolution of BI Maturity in Malaysian Organizations BUS 330 Prin Inform Syst Bridgewater College Information Technology (IT) a field concerned with the use of technology in managing and processing information IT represents business success and innovation Management Information Systems (MIS) general name for the business function and academic disciple covering the application of people, technologies, and procedures- collectively called information systems- to solve business problems raw facts that describe the characteristics of an event EX: date, item number, item description, quantity ordered, customer name, shipping details data converted into a meaningful and useful context refers to applications and technologies that are used to gather , provide access to, and analyze data and information to support decision-making efforts Helps companies gain a more comprehensive knowledge of the factors affecting their business, and help them make better decisions
(in that order of priority) are inextricably linked What refers to applications and technologies that are used to gather provide access to and analyze data and information to support decision making effort?Business intelligence (BI) refers to applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts.
What is a field concerned with the use of technology in managing and processing information?Information Technology (IT) is a field concerned with the use of technology in managing and processing information. IT is an important enabler of business success and innovation.
What is information technology and explain any 3 application of information technology?Encompassing the computer and information systems industries, Information Technology is the capability to electronically input, process, store, output, transmit, and receive data and information, including text, graphics, sound, and video, as well as the ability to control machines of all kinds electronically.
Who is responsible for ensuring the ethical and legal use of information within a company?Chief Privacy officer- Responsible for ensuring the ethical and legal use of information within an organization.
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