Business Intelligence
The following are some of the Definitions of this field:
- Systems that provide directed background data and reporting
tools to support and improve the decision-making process.
- Business Intelligence provides business roadmaps
to deliver solutions for business analysis which includes
data models, meta-data and analytical applications. By
having these roadmaps, we deliver superior business value
through improved return on investment, time value by enabling
fast solution delivery, and technical value through open
database enablement.
- A term which represents those systems that help companies
understand what makes the wheels of the corporation turn
and to help predict the future impact of current decisions.
These systems place a key role in strategic planning process
of the corporation. Systems that exemplify business intelligence
include medical research, customer profiling, market
basket analysis, customer contact analysis, market segmentation,
scoring, product profitability, and inventory movement.
- 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.
- Business intelligence (BI) 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.
- 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.
See also
Business Consulting
Other resources
Saksoft
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