Business intelligence (BI) refers to the process of collecting, analyzing, and presenting data to help organizations make informed business decisions. It involves using various tools and technologies to gather data from different sources, and then transforming and analyzing that data to generate insights and support decision-making.
BI encompasses a wide range of activities, including data warehousing, data mining, reporting, and visualization. It involves using software tools and technologies to collect, analyze, and present data in a way that makes it easy for users to understand and act on.
The goal of business intelligence is to help organizations make better decisions by providing them with accurate and timely information. By using BI tools and technologies, businesses can gain insights into their operations, identify trends and patterns in their data, and make informed decisions based on that information.
Overall, business intelligence is a critical component of modern business operations. By leveraging data and analytics, organizations can gain a competitive edge, improve their operations, and achieve their business goals more effectively.