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Components Of Business Intelligence Governance - The Run Time
Business intelligence, and its increased availability and accessibility, has fundamentally altered decision making that in the past would have been based solely on intuition, anecdotes, and limited observation. Business intelligence is a blanket term that refers to several activities which use raw data to make business predictions about consumer behavior. These activities can include data mining, online analytical processing, querying, and reporting. This data can be used to affect decision making, cut costs, and to take advantage of otherwise easy to miss opportunities. Companies use this data to identify what parts of a business are in need of re-thinking, and…