Evolution, Trends, and Future Developments of Business Intelligence

Title

Evolution, Trends, and Future Developments of Business Intelligence

Creator

Vinay V.; Mathew A.; Siby A.

Description

A decision-making process backed by the integration and evaluation of an organization's data resources is referred to as business intelligence. Since information has been recognized as a business's most valuable asset, it is a crucial resource for its growth and plays an increasingly important role in a variety of organization kinds. This research article examines the history of business intelligence technologies, their relevance in current times, and all the future developments that seem possible. Organizations are transforming into various approaches based on the information and networking in the twenty-first century in response to a chaotic and ambiguous environment marked by hazy organizational boundaries and rapid change. Knowledge-based assets become apparent to be the core of long-term strategic edge and the cornerstone of success in the twenty-first century in such situations. The primary characteristics of business intelligence are determined by data analysis, processing, and visualization. Relational tables are used by business intelligence technologies to store and display a lot of organized and unstructured data. They utilize specialized tools and mathematics to produce intricate visual reports. This research has been aggravated to focus on the upcoming strategic revolution in the market with numerous cutting-edge business intelligence technologies. 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

Source

Lecture Notes in Networks and Systems, Vol-645 LNNS, pp. 9-18.

Date

2023-01-01

Publisher

Springer Science and Business Media Deutschland GmbH

Subject

Artificial intelligence; Business intelligence; Machine learning; Strategic revolution

Coverage

Vinay V., CHRIST (Deemed to be University), Bangalore, India; Mathew A., CHRIST (Deemed to be University), Bangalore, India; Siby A., CHRIST (Deemed to be University), Bangalore, India

Rights

Restricted Access

Relation

ISSN: 23673370; ISBN: 978-981990768-7

Format

Online

Language

English

Type

Conference paper

Identifier

https://doi.org/10.1007/978-981-99-0769-4_2

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