Business intelligence describes the strategies, technologies, and tools that companies use to obtain business information. It also describes the information itself. Then there is data analytics — the technical process through which we obtain actionable insights from raw data. Not the same, but not isolated from one another. This interesting information came to us from Dataconomy in their article, “Analytics and Intelligence: Understand the Present, Foresee the Future.”
Business intelligence focuses on the data’s representation of recent and historical events. The focus of data analytics is on future events that are most likely to occur.
Business intelligence deals with complex strategies and technologies that help end-users in analyzing data and performing decision-making activities to grow their businesses. Business intelligence plays a key role in business data management and performance management. Data analytics, on the other hand, is implemented to convert the raw or unstructured data to an understandable, meaningful format.
Regardless, data accessibility is something we know. Whatever your pursuit, it is important to have a comprehensive search feature and quality indexing against a standards-based taxonomy. Choose the right partner in technology, especially when your content is in their hands. Access Innovations is known as a leader in database production, standards development, and creating and applying taxonomies.
Melody K. Smith
Sponsored by Access Innovations, changing search to found.