Business Intelligence

Business Intelligence – Accelerate Your Business Performance

Business Intelligence – Accelerate Your Business Performance

By: Ramakrishnan

Business Intelligence (BI) is the process of gathering information from the business. The gathered business information is transformed into knowledge using business intelligence. To run the business successfully one should have the comprehensive business knowledge and understanding of your business strengths and its weakness. In business intelligence will take into account the internal and external factors of a business. Business intelligence will ease the decision making process, helps in understanding the customer taste, market trends.

Business Intelligence Definition
The basic definition of Business intelligence is defined as “the process of gathering information about a business or industry matter; BI is a broad range of applications and technologies for gathering, storing, analyzing, and providing access to data thereby that help to managers make business decisions.”

Business Intelligence Includes What
Business intelligence (BI) includes software applications, technologies and analytical methodologies that perform data analysis. Business intelligence covers data mining, Web mining, text mining, reporting and querying, OLAP, and data visualization.

Knowledge Management Is Part of Business Intelligence
Knowledge management is one of the methods in Business intelligence. Knowledge management has been defined as “the technique and tools for capturing, storing, organizing, and making knowledge” Business intelligence is driven by an objective laid by the company. The duration of the objective may be short period or long period.

Business Intelligence Software
Identifying and understanding business opportunities in today’s vast business environment requires far more than an understanding of technology trends. Business software helps the business management to access up-to-date and accurate information about the business performance. Identifying and understanding business opportunities in this vast business environment requires far more than an understanding of technology trends.

OLAP powerful BI Software
The most popular business intelligence tool is OLAP (Online Analytical Processing). OLAP (Online Analytical Processing) is a powerful, Business Intelligence & enterprise reporting application for small and medium organizations with the capacity to fully Integrate Enterprise Information.

OLAPBrowser delivers incredible reporting power. Create global and enterprise information delivery systems, executive information Systems and personal analytical application.

Author Bio
Ramki is with Axsellit Technologies (www.axsellit.com/business-intelligence.html) Business Software. Axsellit Software delivers professional, benefit-enriched business solutions with an unbeatable performance-to-price ratio. Axsellit Technologies provides Business Intelligence Software

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About Granger Whitelaw

Granger Whitelaw founded the Rocket Racing League along with partner, Peter Diamandis in 2005. See more information at http://www.grangerwhitelaw.com/blog and http://grangerwhitelaw.brandyourself.com View all posts by Granger Whitelaw

5 responses to “Business Intelligence

  • Monique

    Business Intelligence or as they abbreviate as BI is really a great strategy and a great thing in business and it is really a helpful stuff that will surely build and really gives you a great edge towards your competitor. Gathering information is a must of course because business involves a lot of studies that is why it offers many jobs in its field not just only entrepreneur type of jobs.

  • Edel Ken

    Thank you so much for a very informative blog and under Knowledge management I learned that the duration of the objective may be short period or long period and the objective are a good aim in any target of your business. Business is such a complicated industry and that is why I am having a doubt in making or publishing a new one and it is kind of very risky.

  • Nami

    Thank you for this wonderful blog of yours. Some may not know what BI stands for, but it could be the critical missing piece to your business growth puzzle. More and more businesses are waking up to the fact that perhaps the single most important aspects of business growth in today’s information world is business intelligence. Being able to collect and then visualize your most important metrics is critical. And having the right tools to automate this process is just as crucial.

  • Karen Bliz

    Making a great view over your business is a great way in enjoying your business. It is better if you always check your business because it is like a flower in a garden, you should always take a look at it always and you should pour a water in it always and much as it needs a water. Making business intelligence over your business is for me also a thing that must be consider in improving your business. Accounting and computing the investments and also the money that goes around the business is necessary and important because that is where you make a plan over your investments in the future.

  • Rose

    You may not even know what BI stands for, but it could be the critical missing piece to your business growth puzzle. More and more businesses are waking up to the fact that perhaps the single most important aspect of business growth in today’s information world is business intelligence. Being able to collect and then visualize your most important metrics is critical. And having the right tools to automate this process is just as crucial for the analytical and reporting requirements of business people.

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