Business Intelligence is the key to making those correct decisions, as it joins data, technology, analytics, and knowledge to help business professionals make the optimal decisions that drive their enterprise’s success. Typically, BI also includes an enterprise data warehouse and a BI platform or tool set to aid those executives in transforming the data into actionable information .
BI systems can also help companies identify market trends and spot business problems that need to be addressed.
BI data can include historical information, as well as new data gathered from source systems as it is generated, enabling BI analysis to support both strategic and tactical decision-making processes. Initially, BI tools were primarily used by data analysts and other IT professionals who ran analyses and produced reports with query results for business users. Increasingly, however, business executives and workers are using BI software themselves, thanks partly to the development of self-service BI and data discovery tools.
Business intelligence combines a broad set of data analysis applications, including ad hoc analysis and querying, enterprise reporting, online analytical processing (OLAP), mobile BI, real-time BI, operational BI, cloud and software as a service BI, open source BI, collaborative BI and location intelligence. BI technology also includes data visualization software for designing charts and other info-graphics, as well as tools for building BI dashboards and performance scorecards that display visualized data on business metrics and key performance indicators in an easy-to-grasp way
Magath Business Intelligence (BI) services are the set of strategies, processes, applications, data, technologies and technical architectures, are used to support the decision making, analysis, presentation and dissemination of business information. BI technologies provide historical, current and predictive views of business operations
Business intelligence can be used to support a wide range of business decisions ranging from operational to strategic.
Business Intelligence is the key to making those correct decisions, as it joins data, technology, analytics, and knowledge to help business professionals make the optimal decisions that drive their enterprise’s success. Typically, BI also includes an enterprise data warehouse and a BI platform or tool set to aid those executives in transforming the data into actionable information.
BI systems can also help companies identify market trends and spot business problems that need to be addressed.
BI data can include historical information, as well as new data gathered from source systems as it is generated, enabling BI analysis to support both strategic and tactical decision-making processes. Initially, BI tools were primarily used by data analysts and other IT professionals who ran analyses and produced reports with query results for business users. Increasingly, however, business executives and workers are using BI software themselves, thanks partly to the development of self-service BI and data discovery tools.
Business intelligence combines a broad set of data analysis applications, including ad hoc analysis and querying, enterprise reporting, online analytical processing (OLAP), mobile BI, real-time BI, operational BI, cloud and software as a service BI, open source BI, collaborative BI and location intelligence. BI technology also includes data visualization software for designing charts and other infographics, as well as tools for building BI dashboards and performance scorecards that display visualized data on business metrics and key performance indicators in an easy-to-grasp way
Magath Business Intelligence (BI) services are the set of strategies, processes, applications, data, technologies and technical architectures, are used to support the decision making, analysis, presentation and dissemination of business information. BI technologies provide historical, current and predictive views of business operations.
Business intelligence can be used to support a wide range of business decisions ranging from operational to strategic.