Articles

What Is the Purpose of Business Intelligence in a Business?

1. What Is the Purpose of Business Intelligence in a Business? The main purpose of Business Intelligence in a business is to help corporate executives, business managers and other operational workers make better and more informed business decisions

Companies also use BI to cut costs, identify new business opportunities, and spot inefficient business processes ripe for re-engineering. 2. What Is Business Intelligence (BI)? Business Intelligence (BI) refers to the tools, technologies, applications and practices used to collect, integrate, analyze, and present an organization’s raw data in order to create insightful and actionable business information.

Source: financesonline.com
Author: B2B

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s