Business Intelligence refers to Intelligence as information that is valuable for its relevance to business decisions. It comprises of expert information and knowledge that come in handy for efficient management of organizational and individual business.
In this sense, we can understand business intelligence as a means to gather, give access to and analyse data to help companies make better business decisions. Companies that claim to have business intelligence have expert knowledge about various factors such as customers, competition, stakeholders, economic environment etc.
Author: Rahis Saifi