What Is Business Intelligence?

What Is Business Intelligence?

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Business intelligence (BI) is the use of software, tools, and applications to analyze an organization’s raw data with the goal of optimizing decisions, improving collaboration, and increasing overall performance. The process is the collection and analysis of personal, team, and organizational information through activities such as data mining, analytical processing, querying, and reporting.

According to a report from Stratistics Market Research Consulting, the total BI market is expected to grow to almost $30 billion by 2022. Those who do not understand the concepts of business intelligence will surely be lost long before that time.

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May 24, 2017 at 03:30PM

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