Wednesday, 4 July 2012

What is Business Intelligence?

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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