Wednesday, July 22, 2015

Business Intelligence Overview

Business Intelligence Introduction


Getting the right information into right person's hand in a format that allows them to understand data quickly.

BI refers to skills,processes,technologies,applications and practices used to support decision making.
Wikipedia


BI turns

Data into Information
Info into Knowledge
Knowledge into Decisions
Decisions into Profit

BI answers business questions like

Which of my customers are most profitable
Who are my customers
Where can we cut costs
Which products cost most to maintain