Business Intelligence (or BI) helps predict, track, analyze, and present information as it relates to business performance – it provides the tools your company needs to translate data into actionable information. BI is often defined by the practices and technologies that enable it, such as data analytics, business performance management, data warehousing, dashboards and key performance indicators (KPIs). More than a technology, business Intelligence programs require process transformation, new resources and competencies.
Modern enterprises understand that using data to derive insight requires more than operational reporting and financial roll-ups. Today, data is transformed into insight and delivered at the point of need. Information is delivered on demand in right-time, in formats that enable business leaders to act in ways that are beneficial to the business and optimize performance. In this environment, data transcends its transactional role to become a key strategic enabler of an enterprise’s performance and success.