Enterprise information management brings Business Intelligence and Enterprise Content Management together. Business Intelligence TrendsĬurrently organizations are starting to see that data and content should not be considered separate aspects of information management, but instead should be managed in an integrated enterprise approach. Applications tackle sales, production, financial, and many other sources of business data for purposes that include business performance management. Information is often gathered about other companies in the same industry which is known as benchmarking.
BUSINESS INTELLIGENCE DEFINITION AND SOLUTIONS SOFTWARE
Software elements support reporting, interactive “ slice-and-dice” pivot-table analyses, visualization, and statistical data mining. Importance of Business Intelligence tools or software solutionsīusiness Intelligence systems provide historical, current, and predictive views of business operations, most often using data that has been gathered into a data warehouse or a data mart and occasionally working from operational data.
Business Intelligence is sometimes used interchangeably with briefing books, report and query tools and executive information systems. Essentially, Business Intelligence systems are data-driven Decision Support Systems (DSS). The purpose of Business Intelligence is to support better business decision making. The term Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information.
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