When someone mentions Business Intelligence (BI), it’s possible that they’re referring to a number of different things. Generally, BI is a broad umbrella term that refers to software applications that are used to analyze raw data. Functions can include data mining, online analytical processing, querying and reporting.
Most importantly, BI tools can help improve your decision making, cut costs and identify new business opportunities. When companies are looking for a way to improve their reports, BI is the way to go. The problem is, with so many different software options available and every company using BI to fill a slightly different need, you need a way to really figure out how to buy the best BI system for your company.
Author: Andrew Tate