Business intelligence: Is a set of tools

Business intelligence is a set of tools, methods, and processes that turn raw data into useful information, helping businesses make better and more cost-effective decisions. These days, many companies are using Business Intelligence to improve their services and stay ahead of the competition. Business Intelligence is the talk of a new changing and growing world that can be defined as a set of concepts and methodologies to improve decision-making in business through the use of facts and fact-based systems. The Goal of Business Intelligence is to improve decision-making in business ideas and analysis. What is Business Intelligence ? BI ( Business Intelligence ) is a set of processes, architectures, and technologies that convert raw data into meaningful information that drives profitable business actions. It is a suite of software and services to transform data into actionable intelligence and knowledge. BI has a direct impact on organization’s strategic, tactical and operational business decisions. BI supports fact-based decision making using historical data rather than assumptions and gut ... Business intelligence (BI) involves the processes and tools used to analyze business data, transform it into actionable insights, and enable informed decision-making across an organization. Often referred to as a decision support system (DSS), a BI system evaluates both current and historical data, presenting the results in accessible formats such as reports, dashboards, graphs, charts, and maps, which can be easily shared throughout the company. This helps teams and stakeholders make better ...