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Current Business Intelligence Trends: AI, Predictive Analytics, Data Literacy, Data Visualization, SaaS and Cloud Analytics

   

Added on  2023-06-05

7 Pages1463 Words141 Views
Handling and Business
Intelligence

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
Artificial Intelligence..................................................................................................................3
Predictive & Prescriptive Analytics tools...................................................................................4
Data literacy................................................................................................................................4
Data Visualisation and storytelling.............................................................................................5
SaaS and cloud analytics.............................................................................................................5
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................7
Online..........................................................................................................................................7

INTRODUCTION
Many corporations are still adapting to modified necessities because of the COVID-19
pandemic. Although the scenario now appears less acute and extra long-time period adjustments
towards a 'new normal' are at the horizon, daily enterprise is far way from settled. While many
corporations are now also reeling from the past 2 years events, a few are coping with to satisfy
and outperform expectations. Irrespective of wherein the corporation falls alongside this
continuum, one of the key enablers of technology supporting corporations gradually navigate this
sudden change and make sure enterprise continuity is BI. Business Intelligence consists of the
techniques and technology utilise by businesses for the purpose of analysis of data and business
information management. This report demonstrates different current business intelligence trends.
It includes identifying current trends in data warehousing, business intelligence, and data mining.
TASK
The following are the current business intelligence trends:
Artificial Intelligence
This is a BI trend which is being covered through Gartner in the latest Strategic
Technology Trends report, integrating AI with hyper automation and engineering, and targeting
the extent of safety wherein AI risks growing assailable factors of attacks. AI is the technological
know-how aiming to make machines execute what's normally performed through complicated
human intelligence. While working on applications to keep away such inconvenience, Artificial
Intelligence and machine learning are revolutionizing the manner we have interaction with our
analytics and management of data while increase in safety measures should be taken into
consideration. It is anticipated that in the next years' AI will develop into a greater accountable
and ascendable technology as corporations would require a lot greater from Artificial intelligence
based structures. Another function that AI provides in Business intelligence solutions is the
upscaled insights capability. It absolutely analyses the data by automation with no need for any
extra attempt. It is definitely required to pick the data source needed to research on and the
column/variable (for example: revenue) that the set of rules have to focus on. That is a great time
advantage as what's normally dealt with through a data scientist may be achieved through a tool,

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