What is Business Intelligence? Monitoring All Organizational Processes

Business intelligence (BI) is the use of software, tools, and applications to analyze an organization’s raw data with the goal of optimizing decisions, improving collaboration, and increasing overall performance.

The process is the collection and analysis of personal, team, and organizational information through activities such as data mining, analytical processing, querying, and reporting. According to a report from Stratistics Market Research Consulting, the total BI market is expected to grow to almost $30 billion by 2022.

Author: Samuel Scott


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