Major components of business intelligence include:
OLAP (Online Analytical Processing): an approach to find a solution for multi-dimensional analytical queries, quickly in computing.
Real-time BI: helps in responding in real-time to trends, queries, displays, etc. boosts efficiency.
Data Warehousing: used to find a pattern from a very large pile of unstructured data and to make these data ready for analytics services.
Data source: Teams in BI get a good amount of help after getting data sources from raw data, that could be used for analytics or business purposes.
Advanced analytics: this helps the teams to look at the statistics of their product-line or services and manipulate them to help them meet their targets and boost effectiveness.
Are you aspiring for a career in Business Intelligence? Then make your move by checking out Intellipaat’s Business Intelligence course which offers instructor-led training courses and guided projects to help you gain the required hands-on experience. Also, check out our YouTube video on What is Business Intelligence, to help you get a better insight.
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