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What is ‘Sales Forecasting’ in Predictive analysis on the Business Intelligence application software?

What is ‘Sales Forecasting’ in Predictive analysis on the Business Intelligence application software? Sales forecasting is data which is predicted from the sales forecasting sections to provide the estimation of the sales of products depending on the various types of factors on the product. The sales forecast predicts the sales data and graphs to provide the information collected from the history data of sales and estimate the data of the sales forecast to provide the 90% of profit that can be increased when they apply on the market. ‘Sales forecasting’ in ‘predictive analysis’ within business intelligence (BI) application software refers to the use of historical data, statistical algorithms, and machine learning techniques to predict future sales performance. It helps businesses plan, allocate resources, set realistic goals, and make informed decisions. Here are key points about sales forecasting in BI: 1. Data-Driven Predictions on the sales forecasting    - BI software uses historic
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Why use blockchain technology on the internet?

Why use blockchain technology on the internet? The blockchain technology provides the user to build their trust on the business through the data transparency on the business or service providers such as:- the service to show the products with the honest review provided by the client users which is a small part of data transparency on the products. Similarly, the product payment transaction is recorded in the digital ledger system to provide a proof which is also a part of blockchain technology to provide the lists of records of transactions of the client user or customer on the Website or web application software. In the major project the crypto currency transactions are also recorded using the data in the blocks which is a part of blockchain technology and these blocks are connected to the links as a chain of blocks in subsequent blocks. Here are some key points explaining why blockchain technology is used on the internet: 1. Decentralization iñ the blockchain technology: Blockchain o

How is blockchain technology secured from unknown users' access to download information?

How is blockchain technology secured from unknown users' access to download information? Blockchain technology is secured from unauthorized access and tampering through several key mechanisms. Here are some important points: 1. Cryptography in the blockchain: Blockchain uses advanced cryptographic techniques, like public and private keys, to ensure that only authorized users can access and interact with the data. The cryptography techniques included the encoded data is decoded by the application software or website who share public or private key. It depends on the categories of the user such as:- client user and the privileged users on the Website or web application software. Public keys are shared, while private keys are kept secret, ensuring only the holder can authorize transactions or access sensitive data. The public key is used to share to the client user who accesses their database through the medium of web application software or website. The private keys are only private