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Business Intelligence Overview

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Generating data for business benefit is termed business intelligence (BI). Taking data and converting the same into information for creating knowledge is business intelligence. Data should reach people at the right time, place and format in order to make better decisions for driving business benefits. There have been tremendous mergers and acquisitions in the business intelligence space over the past few years. Large-scale software developers have adopted pure-play providers of business intelligence services. Over the past years, business intelligence was ineffective in delivering what users wanted, but with the mergers and acquisitions of bigger companies, there has been much potential in the technology space for delivering information. As a result, the scenario has changed completely and technology is able to deliver more than what is expected to deliver most users ask before starting a project. Producing appropriate data for projects is not that easy. Obtaining data and turning it i...