October 9, 2009

Business intelligence

Business intelligence is the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal.

Common functions of business intelligence technologies are reporting, OLAP, analytics, data mining, business performance management, benchmarking, text mining, and predictive analytics

BI system can be called a decision support system

business intelligence should be divided into querying, reporting, OLAP, an "alerts" tool, and business analytics

Business intelligence tools

1. Spreadsheets
2. Reporting and querying software - are tools that extract, sort, summarize, and present
3. selected data
4. OLAP
5. Digital Dashboards
6. Data mining
7. Process mining
8. Business performance management
9. Local information systems

The following ppt link Provide you general understanding of Business Intelligence

http://download.microsoft.com/download/5/1/b/51b66cdf-d606-4757-8cee-4ae88d462976/MS_BI_Presentation_May_2007.ppt

http://www.vlamis.com/Papers/localoug2005-presentation2.pdf