The secret behind Business Intelligence:

"Understand the Need and its Source"

What is Business Intelligence?

Business intelligence aims to improve strategic decision making from managers by allowing them to exploit more efficiently various data sources to get a better understanding of their organization and competitive environment. To do this, this emerging science based on strategic analysis, information technology, statistics, data warehouses and drilling to access external and internal data sources, then analyze it to produce information to guide strategic decision making.

Why is Business Intelligence important ?

Business intelligence provides passed, current, and future views of business operations, usually using data gathered into a data warehouse or a data mart and sometimes working from operational data. The extraction, analysis, and reporting of the information is used to take a strategic besiness decision . Applications are tied to the data related to sales, production, financial, and many other sources for business performance management purposes. Information may be gathered on comparable companies to integrate competitive intelligence benchmarking.