Data Handling and Business Intelligence - Desklib

DATA HANDLING AND BUSINESS
INTELLIGENCE

TABLE OF CONTENTS
INTRODUCTION ..........................................................................................................................1
Research informed literature........................................................................................................1
Knowledge and understanding of subject ...................................................................................2
Analysis .......................................................................................................................................2
Practical application and development........................................................................................3
Skills for professional practice.....................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Data analysis is process that ensure research data should be effectively store, archive and
disposed in safe and secure manner for successful project. Business intelligence is the
technology driven process that is mainly used for analyzing the data or information and
delivering the actionable or useful information to executive, manager and workers for better or
informed business decision. This is report that include review on article of “Realizing the
strategic impact of business intelligence utilization” to understand the current trends in
Business intelligence.
Research informed literature
From the point of view of Bhosale, Sharma and Kurupkar, (2020), data warehousing is
process that is mainly used for gathering and managing the data that are derived from varied
sources so that useful insight can be gain for taking right decision for the business operation. In
current scenario, company are making use of electronic devices in order to store, retain large
amount of information related to business so that all operation can be smoothly completed.
Therefore, it can be stated that it is construction and using data warehouse for taking any
particular decision that is useful for the organization growth and success.
According to the Villamarín and Diaz Pinzon (2017), business intelligence is technology
driven process that analysis data and deliver the useful extracted information to the manager,
executives and top management of firm. So that they can make use while taking any decision for
the benefits of company as well as the interested individuals such as customers, employees and
investors or other stakeholders of firm.
Furthermore, an author states that Wani and Jabin (2018 ), data mining is the process of
identifying and extracting the patterns out of large information or data. Such as it helps knowing
more information about the customers likewise its taste and preferences, trends in market etc so
that necessary steps can be undertaken by company to meet customer’s requirements. In addition
to this, the author specified that data mining is generally depends on the computer process,
warehousing and effective data collection process that can be used by firm to gain and retained
competitive advantages in external environment.
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