Business Intelegence
Bi encompasses a wide variety of tools applications and methodologies that enable organizations to collect data from internal systems and external sources prepare it for analysis.
Business intelegence. Bi business intelligence is a set of processes architectures and technologies that convert raw data into meaningful information that drives profitable business actions it is a suite of software and services to transform data into actionable intelligence and knowledge. Bi is a software collection used to support the decision making process by analysts and managers. Companies also use business intelligence to cut costs identify new business opportunities and spot inefficient business processes. Create a data driven culture with business intelligence for all.
Data visualization brings data to life through live dashboards interactive reports charts graphs and other visual representations to help you find key business insights quickly and effectively. Business intelligence is the process of analysis of business information strategies and tools to make sense out of business data. Business intelligence can be defined as analyzing and processing a large amount of data and then converting it into knowledge based information to support some profitable business decisions. Business intelligence bi refers to the procedural and technical infrastructure that collects stores and analyzes the data produced by a company s activities.
Business intelligence bi combines business analytics data mining data visualization data tools and infrastructure and best practices to help organizations to make more data driven decisions in practice you know you ve got modern business intelligence when you have a comprehensive view of your organization s data and use that data to drive change eliminate inefficiencies and. Reduce the added cost complexity. What is business intelligence. What is data visualization.
Business intelligence bi comprises the strategies and technologies used by enterprises for the data analysis of business information. Get self service analytics at enterprise scale. What is business intelligence. Enable everyone at every level of your organization to make confident decisions using up to the minute analytics.
The purpose of business intelligence in a business is to help corporate executives business managers and other operational workers make better and more informed business decisions.