The BI term refers to Business
Intelligence. It is a data-driven decision support system (DSS), which
helps you to analyze the data and provide actionable information. It helps the
business manager, corporate executives, and other users in making their
decisions easily.
Business intelligence refers to the
applications, technologies, and practices for the collection, analysis,
integration, and presents the business information. The purpose of business
intelligence is to support better decision making.
Sometimes the business intelligence is
used interchangeably with briefing books, reports, query tools, and executive
information systems.
The below image shows the benefits of
business intelligence, such as:
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