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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.

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  • http://moonroomstudio.blogspot.com/ Allan Khollar

    I guess BI was just a another name for a fancy reporting. If I want data presented I can use a spreadsheet linked to a database and do all sorts of fancy presentations using graphs and tables.

    I can also us this to build dashboards balance scorecards, strategy performance tables DuPont breakouts and so on, plus the boring old pivot table is still pretty good for ad-hoc work.

    Would you call that BI?