Business Intelligence

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

Contents

  1. Summary
  2. Forum
  3. Best Practices
  4. Expert Tips
  5. Resources
  6. Print

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 Forum
  SAS Business Intelligence Interview
Hi, I'm currently writing my master’s thesis. It's...
     
 
  Setting up a BI Unit
What are the steps required to create a Business I...
     
 
  Software for Mass Data Analysis?
I need to conduct a large amount of data analysis ...
     
 
  Creating Decision Making Dashboards
Companies must make common dashboards available, i...
     
 
  Evaluation of Business Intelligence Systems. Metrics
I am looking for metrics to evaluate BI systems. S...
     
 
  Business Intelligence Definitions
Business Intelligence (BI) is the process of gathe...
     
 
  Business Intelligence Software
What is the actual role business intelligence (BI)...
     
 
  Business and Strategic Intelligence
Is strategic intelligence the same concept ...
     
 
  Combining GIS and BI
Sometimes we can combine a GIS with BI to provide ...
     
 
  Business Intelligence Quotes
Time spent in reconnaissance is seldom wasted - Su...
     
 
  Business Intelligence History
Wikipedia says In 1989 Howard Dresner, a Research ...
     
 
  Self-servicing Business Intelligence
Bill Hostmann from Gartner Research in a SAS magaz...
     
 
  Decision-centric BI (DCBI)
I recently read a new term: "Decison-centric BI" i...
     
 

Business Intelligence Special Interest Group


Special Interest Group

Business Intelligence Education & Events


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Best Practices - Business Intelligence Premium
  Business Intelligence Tools for SMEs
For the last two years I have been working giving ...
     
 

Expert Tips - Business Intelligence Premium
 

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
 
 
 

Competitive Intelligence Best Practices

According to Liam Fahey in the article “The Fut...
Usage (application): CI, BI, Business Analytics, Compettive Advantage
 
 
 

Using BI for Competitive Advantage - Best Practices

In a recent report from the Economist Intelligence...
Usage (application): Business Intelligence, Competitive Advantage, Best Practices
 
 
 

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
 
 
 

Limitations of Real-time Business Intelligence

- Cost - The costs of real-time BI are very high. ...
Usage (application): Decision-making, Business Analytics, Decision Support
 
 
 

Generic Benefits of Real-time BI

- Real-time BI dramatically reduces the latency of...
Usage (application): Decision-making, Business Analytics, Decision Support
 
 
 

What are the Main Categories of BI Tools?

It is essential that any organization understands ...
Usage (application): BI Types, BI Categories
 
 
 

Preparing for Implementation of BI systems

According to Tad Leahy in the article “The right B...
Usage (application): Generic Steps to Consider, Checklist
 
 
 

3 Steps in Solving Problems with Data Credibility

The problem of data credibility
Data c...
Usage (application): Improving Data Reliablility, IT, Business Intelligence
 
 
 

Using BI for Competitive Advantage - Focus Areas

According to the report "Levelling the Playing Fie...
Usage (application): IT Strategy, Competitive Advantage
 
 
 

Relevance of BI to Strategy and Decision-making

A research study conducted by Business Week Resear...
Usage (application): BI, Decision-making, Business Analytics
 
 
 

Defining Real-time Business Intelligence

Real-time Business Intelligence, in contrast to bu...
Usage (application): Decision-making, Business Analytics
 
 

Resources - Business Intelligence Premium

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
 

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
 

BI Overview: the Concept and Main Trends

Presentation that provides an overview of Business...
Usage (application): Business Intelligence
 

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

Paper by Saadat Alhashmi. Competitive organisation...
Usage (application): External Knowledge Sharing
 

Using Big Data for Competitive Advantage

Presentation about unstructured consumer informati...
Usage (application): Customer Analysis, Data Management
 

KPIs and KPI Management

Introduction by expert Joe Panebianco gives a firs...
Usage (application): Understanding KPIs, Introduction
 

Business Intelligence Diagram

Download and edit this 12manage PowerPoint graphic...
Usage (application): Business Intelligence
 
 

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


     

Compare with BI: Activity Based Costing  |  CSFs and KPIs  |  Balanced Scorecard  |  Performance Management  |  Beyond Budgeting


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