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What is business intelligence? Transforming data into business insights

CIO Business Intelligence

BI focuses on descriptive analytics, data collection, data storage, knowledge management, and data analysis to evaluate past business data and better understand currently known information. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward.

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Unlock scalability, cost-efficiency, and faster insights with large-scale data migration to Amazon Redshift

AWS Big Data

Migrating to Amazon Redshift offers organizations the potential for improved price-performance, enhanced data processing, faster query response times, and better integration with technologies such as machine learning (ML) and artificial intelligence (AI). The following figure shows a daily usage KPI.

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Build an Amazon Redshift data warehouse using an Amazon DynamoDB single-table design

AWS Big Data

Deriving business insights by identifying year-on-year sales growth is an example of an online analytical processing (OLAP) query. For example, the same dataset could be used to build machine learning (ML) models to identify trends and predict sales. These types of queries are suited for a data warehouse.