What is Business Intelligence?

Business Intelligence (BI) is the process of utilizing applications to organize data and information, view the data and information and analyze the data and information to increase performance management and improve decision making.

Traditional BI delivers historic information to assist an organization in making more informed decision to impact the future. An ideal BI solution provides the perfect amount of information to the right people, at the right time in a user preferred medium. For example, a sales manager might want to see monthly revenue for a business unit as compared to prior year actuals and current year plan to create next year’s plan – this is BI.

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