Business Intelligence (BI) is business insight — the practices and tools that enable a business to gather and analyse its data to provide historical, current, and predictive views of business operations. BI can allow specific functional areas, such as finance, supply chain, human resources, sales and marketing, and customer service, to uniformly interact with each other to help the business answer questions, gain insight, and facilitate intelligence-led decision-making. A Data Warehouse (DW) gathered from the organization’s diverse source systems and specifically structured for query and analysis often forms the basis of a BI platform.
The potential benefits of business intelligence tools include accelerating and improving decision-making, optimizing internal business processes, increasing operational efficiency, driving new revenues and gaining competitive advantage over business rivals. BI systems can also help companies identify market trends and spot business problems that need to be addressed.
BI programs may also incorporate forms of advanced analytics, such as data mining, predictive analytics, text mining, statistical analysis and big data analytics.
We deal with implementing enhanced BI solutions.
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