Business
Intelligence (BI)
is a term commonly associated with data warehousing. Business intelligence (BI)
is defined as the ability of an organization to take all its capabilities and convert
them into knowledge, ultimately, getting the right information to the right
people, at the right time, via the right channel.This will produce huge
amounts of information that can lead to the development of new opportunities
for the organization. Through these opportunities & through effective
implementation of the strategy, the organization
will get competitive advantage in the market, and stability in business.
Business intelligence (BI) is/can be defined as a broad category of
applications and technologies for gathering, storing, analyzing, and providing
access to data thereby helping enterprise users to make better business
decisions. This process will provide huge amounts of information. BI
applications include the activities of decision support systems, query and
reporting, online analytical processing (OLAP),
statistical analysis, forecasting, and data mining.
This
section below includes different types of Business Intelligence tools.
Business Intelligence(BI) tools: Tools
commonly used for Business Intelligence(BI).
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