Intelligence

What is Business Intelligence? Definition, Tools, &Software

What is Business Intelligence? Definition, Tools, &Software

What is Business Intelligence? Business intelligence is a continuous process of turning raw data into actionable insights that allow organizations to make informed business decisions. It includes collecting, storing, and analyzing data for processes like data mining, analysis, performance benchmarking, and data visualization. BI doesn’t necessarily tell organizations what to do or what will happen. However, business intelligence allows organizations to identify trends and derive insights from past data. For example, if a company wants to improve their production and supply chain, they will need BI to analyze from past data, where delays are occurring, and which manufacturing unit is…
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