Business intelligence:

Business intelligence , or BI, is a technology-driven data analysis process that helps an organization's executives, managers and workers make informed business decisions. As part of the BI process, relevant data is collected and prepared for analysis. Queries are run against the data, and the analytics results are used to support operational decision-making and strategic planning. The ultimate goal of BI initiatives is to drive better business decisions that enable organizations to increase ... Business Intelligence is the talk of a new changing and growing world that can be defined as a set of concepts and methodologies to improve decision-making in business through the use of facts and fact-based systems. The Goal of Business Intelligence is to improve decision-making in business ideas and analysis. What is business intelligence ? Business intelligence combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations make more data-driven decisions. What is Business Intelligence ? BI ( Business Intelligence ) is a set of processes, architectures, and technologies that convert raw data into meaningful information that drives profitable business actions. It is a suite of software and services to transform data into actionable intelligence and knowledge. BI has a direct impact on organization’s strategic, tactical and operational business decisions. BI supports fact-based decision making using historical data rather than assumptions and gut ...