BI Tools
Business Intelligence (BI) Tools
Business intelligence is moving rapidly from a back office IT discipline to something every employee will need to use as part their daily routine. Advances like intuitive new interfaces and natural language querying are making these once complex suites every man tools.In today’s competitive world, businesses must go the extra mile, adopt new technologies to stay ahead of their competition. A business intelligence (BI) System refers to software that transforms data into actionable insights, helping businesses make intelligent business decisions.
Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations. Standard functions of business intelligence technologies include reporting, online analytical processing, analytics, data mining, process mining, etc.
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- BI is a software collection used to support the decision-making process by analysts and managers.
- Business Intelligence can be defined as analyzing and processing a large amount of data and then converting it into knowledge-based information to support some profitable business decisions.
- BI Environment comprises business models, data models, and ETL tools to organize and transform the data into useful information.
