What Is Business Intelligence? And Why Do I Need to Know?
Business intelligence (BI) encompasses the software frameworks (e.g. tools, applications, best practices, methodologies) that empower corporate executives to make optimized operational decisions, develop informed strategies and tactics, and foster improved performance. Dating back to the 1980s, this definition refers to the trends and insights derived when large data volumes of a company’s various operational systems and databases are collected, analyzed, and visualized for business decision-makers and end-users.