What is business intelligence architecture?
Business intelligence architecture can be defined as a framework that provides standards, best practices, and guidelines for analyzing business data. The business intelligence architecture provides a number of computational techniques that can be used to create business intelligence systems for reporting and analyzing business intelligence data.
Business intelligence architecture plays a crucial role in business intelligence projects as it influences overall development and implementation decisions. The business intelligence architecture is designed to help organizations and companies make better decisions.
Business intelligence technologies are mainly used in online analytical processing, data mining, process mining, benchmarking, text mining, ad hoc queries and predictive analytics. The data components of the business intelligence architecture are the data sources that both end users and users from different organizations access and analyze to meet the business needs of their organization. Important factors to consider when choosing a data source are the data currency, the data quality, and the level of detail of the data.
The business intelligence architecture can contain both structured and unstructured data as well as information from internal and external sources. The data that can be used by business intelligence systems is normally converted from pure transactional data by the information management architecture into logical and clear information.
Business intelligence can be implemented in the following business areas: measurement, analysis, reporting, collaboration platforms and knowledge management.