What is Business Intelligence?

  • Jul 26, 2021
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The Business Intelligence term (BI) represents the tools Y systems They play a key role in the strategic planning process of the company. These systems allow a company to collect, store, access and analyze company data to aid in decision making. In general, these systems will illustrate business intelligence in the areas of customers, customer service, market research, market segmentation, profitability of the product, statistical analysis and inventory.

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Most companies collect a large amount of data from their business-related operations. In order to control the recording of that information, a business and would have to use a wide range of software software, such as Excel, Access and different database applications in all departments of your organization. The use of various software programs makes it difficult to retrieve the information in a timely manner and carry out the analysis of the data.

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