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Basic Concepts of Business Intelligence related to Data Mining

Basic Concepts of Business Intelligence related to Data Mining

Business Intelligence is a collection and a series of activities or stages to collect data and analyze data so that it can be used for better decision-making process so that it can be used in the process of making vital decisions in the company's business or the decision to obtain the goals of the company's business. Business Intelligence is often used to assist business activities in strategic decision-making processes such as annual budget planning, determining sales taget, analyzing and predicting business trends and performing consolidated data for the needs of decision makers.

Business Intelligence is a conceptual framework to support business decisions, business intelligence incorporates architecture, databases or data warehouses, analytics tools and applications. Business Intelligence is used for applications and technologies in collecting, storing, analyzing, and providing access to data so as to help users from companies or organizations make better and more informed decisions.
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Business Intelligence describes a concept and method of how to improve the quality of business decision making based on data-based systems from various source data. Where in the business intelligence process undertakes a large amount of data retrieval activities, then performs the process of analyzing the data, and continued by presenting and reporting the results of the business intelligence process as a consideration of business management measures, enabling to make basic business decisions when needed.

In addition, business intelligence also uses to make reference predictions so that others can measure the impact of decisions made based on existing data. Business Intelligence is also a recurring process by analyzing data to see what happens. Then take action to continue any positive outcomes as well as to stop if there is potential for a negative direction, as well as to measure the outcome of any existing decision on external and internal support factors that for the company's business.

Business Intelligence in relation to management support for structured data and unstructured data, is a process of integrating and integrating components to handle data on the business intelligence framework. The approach will be carried out with three types of approaches: integrating structured and unstructured data, analyzing the data collection and distributing the results of the analysis into the form that suits the needs. The above approach can utilize three layers of business intelligence framework in the form of data layer, logic layer and access layer such as business intelligence architecture with multiple layers.

In a company or organization, decisions are made at different levels or levels, decisions must also be made as soon as possible to maintain competitiveness, so as to make informed decisions and become a solid basis in terms of data, information and knowledge availability. This basis can be sourced from information or data of business news, conferences, customers, salespeople, and so on.So together form a concept of a particular market and business world.
Basic Concepts of Business Intelligence related to Data Mining

A business intelligence system in other words is a combination of data warehouse and decision support system. This explains how data from different sources can be extracted and stored and then taken for analysis. The main activities of business intelligence involve collecting, preparing and analyzing data. In the business intelligence process the data used must be of high quality, by obtaining it from various sources of data collected, then modified, then cleaned, then loaded and stored in data warehouse database.
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