What is Business Intelligence ?
Business Intelligence (BI) consists of strategies and technologies used by enterprises for analyzing data and presenting actionable information to make informed business decisions. Often BI applications get their data from a data warehouse or from a data mart to make these decisions.
The common functions that come with a business intelligence application are reporting, online analytical processing, analytics, data mining, process mining, complex event processing, business performance management, bench marking, text mining, predictive analytics and prescriptive analytics.
Benefits of a Business Intelligence Software
Improved Reporting & Planning
Types of Business Intelligence Applications
Business Activity Monitoring
Reporting and Querying Software
Local Information Systems