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Latest Trend of Business Intelligence: Internet of Things, Real-Time Decision Making, and Artificial Intelligence

   

Added on  2023-01-11

7 Pages1868 Words59 Views
Data Science and Big Data
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DATA HANDLING AND
BUSINESS
INTELLIGENCE
Latest Trend of Business Intelligence: Internet of Things, Real-Time Decision Making, and Artificial Intelligence_1

Table of Contents
INTRODUCTION...........................................................................................................................1
Main Body.......................................................................................................................................1
Internet of Things (Latest trend of BI)...................................................................................1
Advantages of Internet of things (IoT)...................................................................................2
Disadvantages of Internet of Things.......................................................................................3
Critical assessment of Internet of things................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4
Latest Trend of Business Intelligence: Internet of Things, Real-Time Decision Making, and Artificial Intelligence_2

INTRODUCTION
Business intelligence is mainly associated with analysis of complex raw data and convert
and transform this raw data into useful information. Thus, it can be evaluated that business
intelligence is basically a process and use of technology for having effective data handling
through getting meaningful information from raw data that drives better profits and decision
making by an organisation (Alpar and Schulz, 2016). Continuous improvement and innovation
are going in field of Business intelligence thus, the current assignment is based on evaluation of
these latest trend in BI. For that purpose an autistic article is reviewed that is based on Internet of
Things, Real-Time Decision Making, and Artificial Intelligence a critical evaluation of which is
provided in this assignment.
Main Body
Business intelligence basically represent the various software and technologies that has
made it possible and more effective to create value and gather useful information from big and
complex raw data (Kumari, 2018). Proper data handling is an always a top priority of every
organisation that consist of its storage, processing and maintaining its security to have proper
management of business operation and effective decision making. Thus, the flux and usefulness
of Business intelligence along with AI is continuous increasing as it facilitates a better way and
tool for effective data handling and transformation (10 Business Intelligence Trends for 2016,
2016). Further, with advancement in technology, the efficiency level of BI and AI is also
enhancing with new and more innovative trends that consist of better and more effective use of
AI and BI for improvising data handling and governance that facilitates a faster and better
decision making and also enhance viability and efficiency of other business operations. Thus, the
currents assignment is based on critical evaluation of a journal which is priced below in the
reference list.
Internet of Things (Latest trend of BI)
The journal that is selected for current assignment is based on the topic of Internet of
Things, Real-Time Decision Making, and Artificial Intelligence published on 16 may 2017
(provided below in reference list). This journal is written by James M. Tie and has its main focus
on concept of a servgood or containing information about Internet of Things (IoT). As per the
view point of James M. Tie, 2017, the real-time decision making is mainly associated with and
1
Latest Trend of Business Intelligence: Internet of Things, Real-Time Decision Making, and Artificial Intelligence_3

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