Business Intelligence (BI) is the process of gathering information from the business. The gathered business information is transformed into knowledge using business intelligence. To run the business successfully one should have the comprehensive business knowledge and understanding of your business strengths and its weakness. In business intelligence will take into account the internal and external factors of a business. Business intelligence will ease the decision making process, helps in understanding the customer taste, market trends.
Business Intelligence Definition
The basic definition of Business intelligence is defined as "the process of gathering information about a business or industry matter; BI is a broad range of applications and technologies for gathering, storing, analyzing, and providing access to data thereby that help to managers make business decisi
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