![]() Characterization provides a concise summarization of the given collection of data.Characterization and descriptive data mining:.Predict value for a specific data item attributes using various statistical models.These are techniques that can be used for BI: With BI, we can derive insights from a pool of data available, delivering precise, actionable and almost real time inputs for decision-making. ![]() To remain competitive enterprises need the ability to rediscover and utilize the information they already hold. Business Intelligence (BI) includes tools and techniques, for the transformation of raw data into meaningful and actionable information for Business analysis.Įvery major industry has powerful transaction-oriented systems, which stores the data gathered from daily operations into repositories.
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