BI is the term used in high end business environment and multinational corporate. We can define the Business intelligence (BI) is a category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include decision support systems, query and reporting, online analytical processing, statistical analysis, forecasting, and data mining. Simply we can say that Technologies that help companies make better business decisions. In fast growing business environment business content will have an increasing effect on business intelligence processing over the next few years. Yes! This could be caused the great impact on
Structure of Business intelligence software tool also known as Building Blocks of BI:
Web-Based
Data Access and Integration
Information Delivery and Management
End-User Analysis
Performance Management
Self-Service Reporting
Integration with Microsoft Excel
Financial Reporting
Departmental or Functional Reporting
Analytic Dashboards, Scorecards, and KPI Applications
Above are the building blocks of
Applying the above factors, we can found that Business intelligence system really increases the business profit and makes them more efficient. Money is a business matter of subject! And BI is business matter of money! This post sponsored by Contemporary Business intelligence services
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