Because of the Very Large Amount of Data and the Costs

question 41

Short Answer

Because of the very large amount of data and the costs associated with BI applications, small and mid-sized companies with limited IT staff and budgets sometimes use a new cloud based BI architecture called ________________.

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Definitions:

Trend Projection

A forecasting technique that extends past data points into the future to predict outcomes, often used in sales, finance, and inventory planning.

HR Forecasting

A method used in human resources to estimate future workforce needs to achieve the organization's objectives.

Organizational Goals

Objectives that an organization seeks to achieve, defining its purpose and, in essence, setting the direction for its activities and efforts.

Demand Requirements

The specific needs or quantities of products or services required by the market or a particular customer.