Business Intelligence
Business Intelligence
Business Intelligence (BI) is a set of methodologies, technologies, and tools that are used to collect, integrate, analyze, and present data from various sources.
BI can help organizations gain insights into their operations, identify trends, and make better-informed decisions.
The BI module includes an easy-to-use self-serve data visualization tool, reporting, and dashboards that can be used to create interactive visualizations and reports that help users explore and understand their data.
Advanced Analytics
Advanced Analytics is a set of techniques that goes beyond basic descriptive statistics to provide more sophisticated insights.
Predictive analytics (using statistical models to make predictions about future events or behaviors) and Prescriptive analytics (using optimization and simulation techniques to determine the best course of action in a particular situation) are machine learning algorithms to find patterns and insights in data without being explicitly programmed to do so.
Advanced analytics can be used for a wide range of applications, such as customer segmentation, fraud detection, and supply chain optimization.