What is Business Intelligence?

Showing Answers 1 - 36 of 36 Answers

John

  • Mar 27th, 2005
 

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.

neeraj shukla

  • May 23rd, 2005
 

 
BI is tool for anlysis, monitor and forcasting the business process. it helps to make decisions and better performance.

jagadeswarreddy.palagani

  • Aug 31st, 2005
 

Business Intelligence is process of exploring data inorder to take strategic decisions whether to drive profitability or to manage costs

  Was this answer useful?  Yes

Shazia

  • Sep 26th, 2005
 

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.

sithusithu

  • Jan 9th, 2006
 

Online analytical processing (OLAP),

Statistical analysis

Forecasting,

Data mining

Publishing the report thro web portal

 

Is known as Business Intelligence

 

Cheers,

Sithu

  Was this answer useful?  Yes

viky_tyc

  • Mar 27th, 2006
 

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.

Cheers

Radhakrishna

  Was this answer useful?  Yes

Ashish Sharma

  • May 8th, 2006
 

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.

---Ashish Sharma

  Was this answer useful?  Yes

Rajendra Bodake

  • May 14th, 2006
 

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.

Arun Menon

  • Jun 14th, 2006
 

Hi pals,

Business Intelligence is a set of software tools that enables an organisation to analyse mesaurable aspects of there business in terms of sales performance, profitability analyses, operational efficency,effectiveness of marketing campaigns, penetration of certain groups of customer etc.

Thus Business Intelligence is a superset of the entire business scope.

Any queries regarding BI pls dont hesitate to ask.

regards

Arun Menon

  Was this answer useful?  Yes

Sathish

  • Sep 20th, 2006
 

A typical business problelm can be broken into several pieces like reporting, analysis, dashboards, datamining and workflows. This break-up would help enterprise users to take better decions. This is known as BI.

  Was this answer useful?  Yes

Hi,

Business Intelligence is the process of gathering data, then converting data into information and then the information into knowledge base in the support of management decision making process.

Thanks and bye.

  Was this answer useful?  Yes

hzoubi

  • Aug 17th, 2009
 

A business intelligence system is a set of processes, technologies, and tools needed to turn data into information, information into knowledge, and knowledge into plans that drive profitable business actions.

  Was this answer useful?  Yes

we should distinguish between the Business Intelligence process which gather data from several departments / sectors of an organization structure and stores them in appropriate data-models representing the business of that organization to produce Analytical relationship and  statistics and make them available for decision support and the BI tool provided by oracle corporation which organise this cognitive process(from the Front-end point of view) and allow the end users (management department) to access the data that may be prepackaged in reporting structures (dashboard) or available for customized analysis (answer).

  Was this answer useful?  Yes

jagadish

  • Sep 14th, 2011
 

BI is refers to computer-based techniques used in identifying extracting and analyzing business data ,such as sales revenue by products and/or departments, or by associated costs and income and also we can say Research the organization

TO run the business in efficiency way to achievement motivation in the business . so for that we are using lot of tools to get the data into the system and save the Historical data and current data to get clear picture of business
run .


Sap BI is a major part in BI

  Was this answer useful?  Yes

maheswarrlasekharr

  • Apr 10th, 2013
 

Decision making data

  Was this answer useful?  Yes

veera.:)

  • Jun 14th, 2013
 

Bi is an approach for gathering diff data sources on integrating into Big data sources on generating reports, simplifying decision making.

  Was this answer useful?  Yes

Poonam Makhija

  • Sep 26th, 2014
 

Taking raw data and convert into information in readable format which helps to take tactical decision

  Was this answer useful?  Yes

Veerendra Dhaigude

  • Nov 23rd, 2014
 

Business Intelligence uses computing technologies to get insight of business data that identifies,discovers and analyzes data. Such as sales revenue, products, costs etc.

It Provides current, historical and predictive views of internally structured data.

Business Intelligence effects decision making and strategic operations through functions like

-OLAP
-Reporting
-Predictive analytics
-and data mining.

In short, BI is the set of theories, methodologies, architectures and technologies that transforms raw data into meaningful and useful information for business purposes

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions