What is Business Intelligence? Definition
Business Intelligence (BI) aims at making better business decisions
through the use of a broad category of Management Information Systems,
applications and technologies for gathering, storing, analyzing, and
providing access to data. BI uses timely and accurate information to
make decisions.
Typical BI activities
Typically, BI activities include decision support, query and reporting,
online analytical processing, statistical analysis, forecasting, and
data mining. BI represents those systems that help companies understand
what makes the corporation successful, and to help predict the future
impact of current decisions. These systems play a key role in strategic
planning process of the corporation.
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Typical Business Intelligence Applications
Typical BI systems are: customer profiling, market basket analysis,
anti money laundering, anti fraud, customer contact analysis, market
segmentation, credit scoring, product profitability, inventory movement
as well as certain risk related applications.
Business Intelligence software
BI software provides better steering information to managers, enabling
them to make better business decisions, ultimately leading to increased
shareholder and stakeholder value creation. BI systems play a key role
in strategic planning process of the corporation.
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Business Intelligence Special Interest Group
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Business Intelligence Education & Events
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Business Analytics Best Practices / Business Intelligence Best Practices
Babson-Professor Thomas H. Davenport in the Harvar...
Usage (application): Business Intelligence, Business Analytics, Evidence-based Decision Making, Big Data
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Competitive Intelligence Best Practices
According to Liam Fahey in the article “The Fut...
Usage (application): CI, BI, Business Analytics, Compettive Advantage
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Using BI for Competitive Advantage - Best Practices
In a recent report from the Economist Intelligence...
Usage (application): Business Intelligence, Competitive Advantage, Best Practices
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Common Business Intelligence Pitfalls
In a recent white paper by QlikView titled "BI for...
Usage (application): Investing in BI, Avoiding Pitfalls, Getting Full Value out of Business Analytics
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Limitations of Real-time Business Intelligence
- Cost - The costs of real-time BI are very high. ...
Usage (application): Decision-making, Business Analytics, Decision Support
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Generic Benefits of Real-time BI
- Real-time BI dramatically reduces the latency of...
Usage (application): Decision-making, Business Analytics, Decision Support
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What are the Main Categories of BI Tools?
It is essential that any organization understands ...
Usage (application): BI Types, BI Categories
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Preparing for Implementation of BI systems
According to Tad Leahy in the article “The right B...
Usage (application): Generic Steps to Consider, Checklist
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3 Steps in Solving Problems with Data Credibility
The problem of data credibility
Data c...
Usage (application): Improving Data Reliablility, IT, Business Intelligence
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Using BI for Competitive Advantage - Focus Areas
According to the report "Levelling the Playing Fie...
Usage (application): IT Strategy, Competitive Advantage
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Relevance of BI to Strategy and Decision-making
A research study conducted by Business Week Resear...
Usage (application): BI, Decision-making, Business Analytics
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Defining Real-time Business Intelligence
Real-time Business Intelligence, in contrast to bu...
Usage (application): Decision-making, Business Analytics
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Performance Management with Business Intelligence
Paper by Luminita Hurbean. In today’s highly compe...
Usage (application): Business Intelligence, Corporate Performance Management, Key Performance Indicators, ERP, Predictive Analysis
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Implementation of a Business Intelligence Strategy. Steps
This presentation is about BI and the steps that n...
Usage (application): Business Intelligence, BI Strategy, BI Process, BI Steps
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BI Overview: the Concept and Main Trends
Presentation that provides an overview of Business...
Usage (application): Business Intelligence
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How DSS, AI and IT can aid the Transformation Process of Knowledge
Paper by Saadat Alhashmi. Competitive organisation...
Usage (application): External Knowledge Sharing
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Using Big Data for Competitive Advantage
Presentation about unstructured consumer informati...
Usage (application): Customer Analysis, Data Management
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KPIs and KPI Management
Introduction by expert Joe Panebianco gives a firs...
Usage (application): Understanding KPIs, Introduction
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Business Intelligence Diagram
Download and edit this 12manage PowerPoint graphic...
Usage (application): Business Intelligence
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News about Business Intelligence
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News about Business Decision-making
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Videos about Business Intelligence
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Videos about Business Decision-making
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Presentations about Business Intelligence
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Presentations about Business Decision-making
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More about Business Intelligence
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More about Business Decision-making
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Compare with BI: Activity Based Costing
| CSFs and KPIs |
Balanced Scorecard |
Performance Management
| Beyond Budgeting
Return to Management Hub: Change & Organization | Decision-making & Valuation | Knowledge & Intangibles | Strategy
More Management Methods, Models and Theory
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Special Interest Group Leader
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