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.
Business intelligence (BI) is a broad category of application programs 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, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining.
Business Intelligence is a technology based on customer and profit oriented models that reduces operating costs and provide increased profitability by improving productivity, sales, service and helps to make decision making capabilities at no time.
Business intelligence (BI) is the reporting component that complements an application. The application captures the data describing the daily operations of the University and BI tools extract this information to report on those operations; fulfill regulatory reporting requirements; help managers and administrators make decisions; and measure the effectiveness and performance of the University.
BI is an emerging group of applications designed to handle a business‘s transaction data so that it can be analyzed in ways beneficial to company decision and operations In other words gathering, management, and analysis of vast amounts of data to gain insights to drive strategic business decisions for competitive advantageThe objective is to transform data into useful reports and sharing that information with people inside and outside the organization who need that information.The development of information that is conclusive, fact-based, and actionable. It includes such technology practices as data warehouses, data mining, OLAP, expert systems and knowledge management.
