Business Intelligence
So what exactly is a BI?
Intelligence or information gathering in business terms broadly covers employment of analytical processes for performance advantage.
Succinctly put, Business Intelligence (BI) systems present decision based information by systematically analyzing an organization’s own business data directly from its source.
With mature disciplines of Performance Management (PM) systems, we now see consistent and better organized data available. So greater emphasizes is now on analyzing, hence the now high visibilty of the BI software category.
In a competitive business software industry with a plethora of choices, Business Intelligence systems are even more responsive.
The BI tools now come with sophisticated analytically based graphics and intuitive ineractive end user reporting and reduce massive online data sources to simple and decisive value.