How many parts does business intelligence consist of ?

4 MAIN COMPONENTS OF BUSINESS INTELLIGENCE

4 main components of business intelligence

Business Intelligence includes which important components? This is a question that Meowtech has received a lot recently. BI, or Business Intelligence, is a tool that helps businesses manage large amounts of data, thereby providing analysis and making quick decisions to improve business revenue. Now, let's see how many important components there are in Business Intelligence!

data sources là gì

We all know that Data sources are the source of data. So where does BI get its data from? The answer is from advertising platforms such as Facebook, Google, Ad networks, and channels such as Google Analytics, ERP, payment gateway...

The data collected from these sources comes in various types and formats, such as sales data and customer behavior information.

2. ETL

ETL - extract transform load

ETL is a data processing software with three main functions: Extract, Transform, and Load. ETL helps users input data into databases. ETL can be divided into two types: ETL used to process internal data and ETL specialized in processing data from sources such as Facebook and Google.

3. Database

Database - there are many types of databases, including File databases, relational databases, object-oriented databases, and unstructured databases. The BI warehouse system often uses relational databases or relational database management system (RDBMS). The characteristics of RDBMS are using tables to store data. RDBMS is also the foundation for many modern data systems such as SQL, MS SQL Server, IBM DB2, Oracle, MySQL, and Microsoft Access.

4. Dashboards/Visualization Tools

After the database has processed the data, it will be presented on Dashboards with the support of Visualization Tools.

Visualization tools for data are currently diverse, both paid and free. You can refer to some tools such as Metabase, Redash, Jupyter, Grafana, Google Data Studio, Power BI, Sisense, Looker...

6 best data visualization tools

BI has been popular worldwide since the 1990s, but in Vietnam, BI is still a complex technology that requires both technical and high cost investments. However, with the strong development of Business 4.0, BI is being streamlined for anyone to easily use and apply for more effective business.

👉Refer to MeowTech's BI products at the website: meowtech.vn

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Read more >>>> Comparision of BI and BA

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