Consolidates and analyses raw business data and turns it into conclusive, actionable information. Enables companies to tap into disparate sources of customer, operational and market data and then use this information to gain a competitive edge. It provides companies with the intelligence needed to spot trends, enhance relationships, reduce financial risk and create new sales opportunities.
The knowledge derived from analyzing an organization’s information.
The broad category of information, processes and/or solutions that allow an enterprise to make business decisions. Business Intelligence encompasses tools and methods such as Decision Support Systems, Data Warehouses, Data Marts, Data Mining, OLAP, Intelligent Agents, and others.
Business Intelligence refers to the type of granular information that line-of-business managers seek as they analyze sales trends, customer buying habits and other key performance metrics of an organization.
An interactive process for exploring and analyzing structured, domain-specific information (often stored in data warehouses) to discern business trends or patterns, thereby deriving insights and drawing conclusions. The business intelligence process includes communicating findings and effecting change. Domains include customers, suppliers, products, services and competitors.
An interactive process of analyzing and exploring structured, domain-specific information (often stored in a data warehouse) to discern trends or patterns, thereby deriving insights and drawing conclusions. The BI process includes communicating findings and effecting change. BI domains include customers, products, services or competitors.
An umbrella term for the processes and tools used for turning data into information that can be used in making decisions. Originally the term referred primarily to reporting, but today business intelligence also encompasses: ad hoc querying, online analytical processing, data mining, forecasting, and other decision support systems. Elements of a business intelligence system are: understanding customer needs and then gathering, analyzing and providing access to data. Used commercially, the term refers to software used to analyze and present data. At the University of Illinois, running a query against the Data Warehouse is an example of a business intelligence activity and EDDIE is an example of business intelligence software. ()
Normally describes the result of in-depth analysis of detailed business data. Includes database and application technologies, as well as analysis practices. Sometimes used synonymously with "decision support," though business intelligence is technically much broader, potentially encompassing knowledge management, enterprise resource planning, and data mining, among other practices. Business process engineering: The analysis and re-design of business processes and associated technology systems, with the goal to eliminate or reduce redundancy and streamline interactions.
An application of targeted CRM The use of data about customer behaviour and buying habits to merchandise products. C# Programming Language C# is an object oriented programming language, developed by Microsoft and published as a standard by ECMA. C# is one of the more popular programming languages for the .NET framework. more information C++ Programming Language C++ is an object oriented programming language. C++ is a superset of C and the name is a pun on the ++ postfix operator in C and C++ which increments the value of the variable that it is applied to. more information
A broad category of technologies that generally enable a business to gather, store, access and analyze data to help them make better business decisions. Data may include customer data, performance data, financial data and more. PureShare ActiveMetrics and ReportRouter applications provide a web-based overlay to existing BI systems, enabling custom dashboard views and web-based reports that draw from information across existing data stores. PureShare applications can also help enterprises without BI to get started.
The process for increasing the competitive advantage of a business by intelligent use of available data in decision making.
Business Intelligence describes a broad category of technologies and solutions for gathering, consolidating, analysing, and providing access to data in a way that lets enterprise users make better business decisions.
While some would claim it's an oxymoron, business intelligence refers to a category of software and tools designed to gather, store, analyze, and deliver data in a user-friendly format to help organizations make more informed business decisions. Software types include dashboarding, data mining, data warehouses, and other information systems.
Software systems and tools that seek to extract useful patterns or conclusions from masses of data.
Usage of timely and accurate information to base decisions upon. Typically, includes a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data. Activities include decision support, query and reporting, online analytical processing, statistical analysis, forecasting, and data mining. SAP provides a comprehensive business intelligence (SAPNet) solution.
Technology that attempts to close the time gap between accounting statements and market information. BI software systems enable management to pull up the latest data about the company's performance. In the coming era of e-commerce, with hook ups among manufacturers, distributors, retailers and customers, such systems have the potential to offer financial data updated by the hour.
Business Intelligence (BI) refers to the systems and applications that are used collectively to consolidate, store, and analyze corporate data for reporting and decision-making purposes. BI helps businesses to understand the current health of the organization, as well as to be able to analyze the past to make better decisions. Components of a Business Intelligence solution may include: Data Warehouse OLAP ETL Data Mining
A term that is becoming popular to describe a broad category of technologies and software for helping organizations make better business decisions. Popular press will often use BI instead of data warehouse. (See 'pedia def ( http://en.wikipedia.org/wiki/Business_intelligence))
Business intelligence is actually an environment in which business users receive data that is reliable, consistent, understandable, easily manipulated and timely. With this data, business users are able to conduct analyses that yield overall understanding of where the business has been, where it is now and where it will be in the near future. Business intelligence serves two main purposes. It monitors the financial and operational health of the organization (reports, alerts, alarms, analysis tools, key performance indicators and dashboards). It also regulates the operation of the organization providing two- way integration with operational systems and information feedback analysis.
The applications and processes of analyzing business data. This is generally synonymous with decision support systems.
A methodology that assist organizations in discovering how to make their business processes more intelligent and integrated. It allows companies to find out by how much they can increase their interaction with clients, partners and employees.
Business Intelligence solutions help companies aggregate data derived from their day-to-day operations and from external sources (e.g., economic forecasts, geo-political analysis, weather patterns) and then turn it into information that users can customize easily to meet their specific business needs.
Software products and services that are used to gather, manage, analyze, and disseminate information for making strategic business decisions.
A broad-based business process that utilizes technology to gather, store, and analyze data to support business decisions. Although sometimes used synonymously with competitive intelligence and considered a tool for gaining competitive advantage, BI may involve an examination of one's organization's internal activities and functions, customer needs and decision-making process, and other business considerations.
Business intelligence is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining. [Source: Whatis.com
Software that collects, consolidates and summarizes data. Business Intelligence software helps create reports that assist in the business decision-making process.
Provides a complete view of the company: data from all company sources can be gathered together and analyzed, critical factors for success can be monitored using internal and external benchmarks, key performance figures can be communicated quickly to all the people who need to know, strategies can be adapted quickly to match changes in market conditions and results of analyses can be displayed graphically. BI supports operational decision making, optimization of processes and monitoring the success of strategies. SAP BI is a component of mySAP ERP.
An environment in which business users receive information that is reliable, secure, consistent, understandable, easily manipulated and timely. With this information, business users are able to conduct analyses that yield an overall understanding of where the business has been, where it is now, and where it will be in the near future. Business Intelligence empowers knowledge workers to make more informed, smarter business decisions faster.
Business intelligence (BI) is a business management term which refers to applications and technologies which are used to gather, provide access to, and analyze data and information about their company operations. Business intelligence systems can help companies have a more comprehensive knowledge of the factors affecting their business, such as metrics on sales, production, internal operations, and they can help companies to make better business decisions. Business Intelligence should not be confused with competitive intelligence, which is a separate management concept.