Understanding Business Intelligence (BI): A Comprehensive Analysis of Tools and Applications
Understanding Business Intelligence (BI): A Comprehensive Analysis of Tools and Applications Business intelligence (BI) is a critical process for organizations seeking to leverage data for strategic decision-making. It involves the systematic collection, integration, analysis, and presentation of business information to reveal patterns, trends, and insights. This process typically begins with the consolidation of company data into a central repository, such as a data warehouse, followed by analysis using specialized BI tools. Examples of data analyzed include customer purchasing behavior (e.g.,…