What Is Business Intelligence (BI)? Webopedia Definition

Home / What Is Business Intelligence (BI)? Webopedia Definition

BI is an umbrella term that combines architecture, tools, databases, analytical tools, applications and methodologies. The intensifying business market makes it essential that companies compete using the power of analytical business intelligence services. A successful business will always have a highly sophisticated risk management software system that enables them to make better choices regarding productivity and employment issues.

PT Coca Cola Distribution Indonesia dan Ayala Corporation dari Filipina tercatat telah mengadopsi komponen software Enterprise Performance Management (EPM) dan Business Intelligence (BI) dari Oracle. Here are five things you can do with business intelligence solutions to grow your company.business intelligence

BPM technology equips a business to switch gears and respond to changing business environment appropriately. The concept and the tools are fuelled by addition of the letter I” with Oracle 8 which revolutionizes the way of thinking to keep the data. The software used to write BI reports (the core of any BI implementation) is developed and owned by companies that provide a consultancy service and / or have business partners that do.business intelligence

We’ve given you a general overview of what Business Intelligence is, and how it can help give you back control of your life and your company. BI software uses a number of analytics features including statistics, data and text mining and predictive analytics to reveal patterns and turn information into insights.

Business Intelligence systems provide historical, current, and predictive views of business operations, most often using data that has been gathered into a data warehouse or a data mart and occasionally working from operational data. Specific considerations for business intelligence systems have to be taken in some sectors such as governmental banking regulations.business intelligence

, , ,

About Author