What is Business Intelligence

BI(Business Intelligence) is a set of processes, architectures, and technologies that convert raw data into meaningful information that drives profitable business actions. It is a suite of software and services to transform data into actionable intelligence and knowledge.

BI has a direct impact on organization’s strategic, tactical and operational business decisions. BI supports fact-based decision making using historical data rather than assumptions and gut feeling.

BI tools perform data analysis and create reports, summaries, dashboards, maps, graphs, and charts to provide users with detailed intelligence about the nature of the business.

In this tutorial, you will learn-

• • What is Business Intelligence?
• • Why is BI important?
• • How Business Intelligence systems are implemented?
• • Examples of Business Intelligence System used in Practice
• • Four types of BI users.
• • Advantages of Business Intelligence
• • BI System Disadvantages
• • Trends in Business Intelligence