Business Intelligence Vocabulary

noun a noun is a word that represents a person, place, thing, or idea. In this case, 'research' is a noun because it refers to the systematic investigation into a subject in order to discover facts, establish a theory, or reach a conclusion.

• The company conducted extensive market research before launching their new product.
• They did a bunch of market research before releasing that thing.
• They scoped out the competition before diving into the market.
• Market research is like a compass that guides businesses in the right direction.

adjective describing or indicating something that predicts or foretells future events or outcomes

• The company used predictive analytics to forecast future sales trends.
• The weather app uses predictive technology to tell you if it's going to rain.
• I can totally predict that she's going to bail on us tonight.
• His predictive instincts told him that trouble was looming ahead.

noun a systematic arrangement of data in columns or rows

• The tabulation of survey results is essential for data analysis.
• I'm almost done with the tabulation of the sales figures.
• Let me just finish this tabulation real quick.
• The tabulation of emotions can be a complex process.

noun a person who is enthusiastic about collecting and analyzing data

• The data hound meticulously analyzed the company's financial reports.
• My friend is a total data hound when it comes to tracking his fitness progress.
• I heard Sarah is a real data hound when it comes to researching the best deals.
• He's like a data hound, always sniffing out information wherever he goes.

noun a large storage repository that holds vast amounts of raw data in its native format until it is needed

• The company implemented a data lake to store and analyze large volumes of structured and unstructured data.
• We're using a data lake to keep all our data organized and easily accessible.
• Our data lake is like a giant pool where we throw all our data in and fish out insights.
• Think of a data lake as a vast ocean where all our data swims freely for us to catch and study.

noun the process of examining data and trends to uncover insights and make informed business decisions

• The company invested in business analytics software to improve decision-making processes.
• I use business analytics to track sales trends and make better business decisions.
• I'm all about that business analytics life, always crunching numbers and analyzing data.
• Business analytics is like a compass that guides us through the vast sea of business operations.