Leveraging Business Intelligence Systems and Big Data Analysis in the Digital Era: Insights from AI and Machine Learning Applications

Authors

  • Sebastian Jack, Theodore Henry Department of Computer Science, University of Bologna, Italy Author

Keywords:

Business Intelligence, Big Data, Artificial Intelligence, Machine Learning, Predictive Analytics, Decision-Making, Operational Efficiency, Data-Driven Innovation

Abstract

The digital era has ushered in a massive influx of data, making it imperative for organizations to harness business intelligence (BI) systems and big data analysis to stay competitive. This paper explores the integration of AI and machine learning (ML) in BI systems to enhance decision-making, operational efficiency, and predictive capabilities. AI-powered BI systems enable real-time data analysis, uncovering hidden patterns and offering actionable insights that were previously inaccessible through traditional methods. Machine learning algorithms, combined with big data analytics, provide advanced forecasting models that improve business strategy, customer engagement, and resource allocation. Furthermore, AI and ML-driven BI systems foster innovation by identifying market trends and consumer behavior shifts, allowing companies to remain agile in dynamic environments. The study highlights practical applications of these technologies in finance, retail, and healthcare, demonstrating how AI and ML transform raw data into valuable insights. Challenges, such as data privacy and model interpretability, are also discussed, with recommendations for future research and development. Ultimately, the integration of AI and ML into BI systems promises a paradigm shift in how businesses leverage data for competitive advantage.

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Published

2024-10-30