Business Intelligence Terms

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Business Intelligence

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A technology-driven process for analyzing data and presenting actionable information to help executives, managers, and other corporate end users make informed business decisions.

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Data Analyst

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A professional who collects, processes, and performs statistical analyses of data to help organizations make better decisions.

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Business Analyst

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A person who analyzes an organization or business domain and documents its business processes or systems, assessing the business model and its integration with technology.

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Data Analytics

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The science of analyzing raw data to make conclusions about that information.

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Predictive Analytics

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The branch of advanced analytics that uses historical data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.

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Data Visualization

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The graphical representation of information and data, using visual elements like charts, graphs, and maps to make data easier to understand and insights more accessible.

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Machine Learning

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A subset of artificial intelligence that enables systems to learn and improve from experience without being explicitly programmed, using algorithms to analyze and draw conclusions from patterns in data.

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Artificial Intelligence

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The simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction.

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Big Data

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Large and complex data sets that traditional data processing software cannot manage, often characterized by the three Vs: volume, velocity, and variety.

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Data Mining

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The practice of examining large databases to generate new information, using methods at the intersection of machine learning, statistics, and database systems.