Saturday 22 November 2014

What is Business Intelligence(BI)?


To define business intelligence (BI) in single article is not justifiable as compare to broader area of BI. I am trying to define BI in simple words and time to time will enhance this topic.
In my words ,

Business Intelligence is combination of business concept or set of techniques along with BI tools to transform raw or unstructured data into meaningful and useful information.

There are list of business intelligence tools available major of them listed below which are available in market as standalone tools or BI suite.
  • SAP Business object
  • IBM Cognos
  • Oracle Hyperion
  • Microsoft BI Tools
  • Microstrategy
  • Qlik
  • SAS BI

There are other tools available as open source.

Purpose of Business Intelligence is to provide business decision from range of operational to strategic.
Function which help in order to drive this decision are Reporting,Analytical processing,Analytics etc.

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