Understanding Business Intelligence, Big Data, Data Science, and Artificial Intelligence: A Guide for Business Users
Introduction to Key Concepts
In the modern business environment, the terms business intelligence, big data, data science, and artificial intelligence are frequently used, yet they...
Understanding the Balanced Scorecard: A Tool for Business Success
What is the Balanced Scorecard?
The Balanced Scorecard (BSC) is a strategic planning and management system designed to enhance organizational performance by translating vision and...
Making Sense of Your Data: Understanding the Star Schema in Business Intelligence
Imagine you have a massive puzzle made of numbers, customer names, sales figures, and product codes. It's a treasure trove of information, but it...
Measures Vs Metrics Vs KPIs
Definitions
Measure:
Raw numerical data collected from business processes or systems.
Examples: Total Sales, Number of Customers, Units Sold.
Metric:
A calculation or aggregation applied to one or more...
Understanding the Components of a Business Intelligence System
Introduction to Business Intelligence Systems
Business Intelligence (BI) systems encompass a set of processes, technologies, and tools that organizations use to analyze historical and current...
Understanding Business Intelligence for Everyday Users
Introduction to Business Intelligence
Business Intelligence, often abbreviated as BI, encapsulates a broad array of technologies, applications, and practices aimed at the collection, integration, analysis,...
