Business Intelligence

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Making better business decisions through the use of timely and accurate information. Explanation of Business Intelligence.

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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.


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.

Business Intelligence - Process
Business Intelligence Special Interest Group


Special Interest Group (1406 members)


Business Intelligence Forum  

Recent topics

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I need to conduct a large amount of data analysis on database. Could anyone recommend an interactive application for data analysis?
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  SAS Business Intelligence Interview
Hi, I'm currently writing my masterís thesis. It's title is: "Sense Making in a Decision making Support Tool: A Case Study of SAS Business Intelligenc...
     
 
  Setting up a BI Unit
What are the steps required to create a Business Intelligence section in my department to facilitate business planning, strategy formulation and decis...
     
 

Best Practices - Business Intelligence
  Business Intelligence History
Wikipedia says In 1989 Howard Dresner, a Research Fellow at Gartner Group popularized "BI" as an umbrella term to describe a set of concepts and metho...
     
 
  Decision-centric BI (DCBI)
I recently read a new term: "Decison-centric BI" in an article by Dan Vesset from IDC in SASCOM. DCBI is the move from information delivery (historic ...
     
 
  Business Intelligence Tools for SMEs
For the last two years I have been working giving some advice on processes improvement to local companies from small to medium size and I have found t...
     
 
  Creating Decision Making Dashboards
Companies must make common dashboards available, integrating all relevant information to support the decision-making process and performance valuation...
     
 
  Business Intelligence Definitions
Business Intelligence (BI) is the process of gathering, maintaining and analysing a vast amount of data for taking fact-based business decisions and n...
     
 
  Business Intelligence Software
What is the actual role business intelligence (BI) software is playing in the actual strategy process of an organization?...
     
 



All you need to know about management


  Evaluation of Business Intelligence Systems. Metrics
I am looking for metrics to evaluate BI systems. Someone has a clue? Is there a standard available for this?...
     
 
  Combining GIS and BI
Sometimes we can combine a GIS with BI to provide a better way to make a decision....
     
 
  Business Intelligence Quotes
Time spent in reconnaissance is seldom wasted - Sun Tzu, 4th century B.C....
     
 
  Self-servicing Business Intelligence
Bill Hostmann from Gartner Research in a SAS magazine expects that information will be increasingly self-servicing. Getting information to business us...
     
 
  Business and Strategic Intelligence
Is strategic intelligence the same concept as that of business intelligence? The only difference I picked up was that strategic intelligence is...
     
 

Expert Tips - Business Intelligence
 

Business Analytics Best Practices / Business Intelligence Best Practices

 
 
 

Competitive Intelligence Best Practices

 
 
 

Using BI for Competitive Advantage - Best Practices

 
 
 

Common Business Intelligence Pitfalls

 
 
 

Limitations of Real-time Business Intelligence

 
 
 

Generic Benefits of Real-time BI

 
 
 

What are the Main Categories of BI Tools?

 
 
 

Preparing for Implementation of BI systems

 
 
 

3 Steps in Solving Problems with Data Credibility

 
 
 

Using BI for Competitive Advantage - Focus Areas

 
 
 

Relevance of BI to Strategy and Decision-making

 
 
 

Defining Real-time Business Intelligence

 
 



Advance yourself in business administration and management



Resources - Business Intelligence

Performance Management with Business Intelligence

 

Implementation of a Business Intelligence Strategy. Steps

 

BI Overview: the Concept and Main Trends

 

How DSS, AI and IT can aid the Transformation Process of Knowledge

 

Using Big Data for Competitive Advantage

 

KPIs and KPI Management

 

Business Intelligence Diagram

 
 

News about Business Intelligence


     
 

News about Business Decision-making


     
 

Videos about Business Intelligence


     
 

Videos about Business Decision-making


     
 

Presentations about Business Intelligence


     
 

Presentations about Business Decision-making


     
 

Books about Business Intelligence


     
 

Books about Business Decision-making


     
 

More about Business Intelligence


     
 

More about Business Decision-making


     



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