Business intelligence

Business intelligence
Business intelligence gives organizations the ability to ask questions in plain language and get answers they can understand. Instead of using best guesses, they can base decisions on what their business data is telling them — whether it relates to production, supply chain, customers or market trends.
Business intelligence aims to support decision-making processes by providing:
Data Analysis:
- BI tools enable users to analyze historical and current data to identify trends, patterns, and outliers. This analysis contributes to informed decision-making.
Data Exploration:
- Users can explore and interact with the data, drilling down into specific details or pivoting to view information from different perspectives.
Business intelligence
Business intelligence gives organizations the ability to ask questions in plain language and get answers they can understand. Instead of using best guesses, they can base decisions on what their business data is telling them — whether it relates to production, supply chain, customers or market trends.
Let's break down the key components:
Ingests Business Data:
- BI involves the process of collecting, integrating, and transforming raw business data from various sources into a format that is suitable for analysis.
User-Friendly Views:
- BI software presents data in user-friendly and visually appealing formats, including reports, dashboards, charts, and graphs. This makes it easier for users to understand and interpret complex information.
