| What is Business Intelligence? | | | | - Reporting |
| In 1958 a researcher from IBM introduced the term | | | | - OLAP |
| Business Intelligence along with its interpretation as "the | | | | - Analysis |
| ability to apprehend the interrelationships of presented | | | | - Benchmarking |
| facts in such a way as to guide action towards a | | | | - Text mining |
| desired goal." | | | | - Data mining |
| Business intelligence (more commonly referred as BI) | | | | - Business performance management |
| refers to an application or a set of applications | | | | - Predictive analysis Also, as a part of technicality, |
| implemented by skills and technologies to help an | | | | some large scale industries use their own platform to |
| organization to get better insight of commercial | | | | create the application which small and medium scale |
| context. It may also refer to the collected set of | | | | organization use .net framework library to create such |
| information inclusive of statistical data. | | | | applications. |
| Warehouses and Data mart are often used for data | | | | Many changes has recently been done in form of |
| gathering by BI applications. It is not all the time that all | | | | architecture used for such applications. Now a days in |
| BI Applications require a data warehouse. | | | | 2.0 version of application SOA service oriented |
| How Business Intelligence is so useful? | | | | architecture, which enables for a flexible, composable |
| BI technologies in combination of software application | | | | and adaptive middleware. |
| provide an organization a predictive layout of whole | | | | The main aim behind Business Intelligence Applications |
| day to day functioning. It also provides current, legend | | | | is to provide an organization better planning and |
| and business operation information to the | | | | decision making. Thus BI Systems are sometimes |
| management. | | | | referred to a Decision Support System (DSS). DSS is |
| Most common functional area of business support | | | | widely used by top level management who deals with |
| system : | | | | MIS. |