Business intelligence $($BI$)$

Predictive analytics

This accesses external databases as well as data that the firm has

These display information in a manner that make it easier for managers to

collected itself $($internal data$).$

assimilate or to see patterns.

This uses algorithms to determine the most likely outcomes given a set of

inputs.

This uses data mining techniques combines and then adds data

visualization tools so that managers can make faster, more informed,

decisions.