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Business intelligence (BI)

Business intelligence (BI)

Business intelligence (BI) refers to the procedures and technologies that collect and analyze various data produced by companies. It includes the processes of data mining, descriptive analytics, and process analysis, among others.

Overview

Business intelligence (BI) refers to the methods that collect and analyze various data produced by companies. It includes the processes of data mining, descriptive analytics, and process analysis, among others. Business intelligence technologies can provide historical, current, and predictive views of business operations and handle both structured and unstructured data to help companies identify and analyze patterns to better their business structure.

Uses

Data harvested from business intelligence techniques are used by businesses to guide their business choices, ranging from marketing practices to product offerings and more. The technology is most effective when it is combined with both external and internal company data, which concerns things like market, financial, and operational information. Combining this data provides more accurate results than what can be shown from a single data set. After collection, the data is put into a repository called a data warehouse.

Timeline

Further Resources

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Author
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News

Title
Author
Date
Publisher
Description
AdTheorent, Inc.
June 24, 2021
www.prnewswire.com:443
/PRNewswire/ -- AdTheorent, Inc., a digital advertising leader using advanced machine learning technology and solutions to deliver real-world value for...
June 23, 2021
WebWire
Doxel's real-time project controls platform earned a 2021 "best solution" award from Artificial Intelligence Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Artificial Intelligence (AI) market, the company announced today. Judges for the award program choose the most "innovative solutions and companies that address a true need, solve a complex or critical problem, or seize an opportunity and create...
Brand Post
June 3, 2021
CIO
Qlik's Elif Tutuk kicks off a new blog series on #ActiveIntelligence, a key consideration for leaders who want to optimize data as a business driver.
SoftGroup
May 28, 2021
www.prnewswire.com:443
/PRNewswire/ -- SoftGroup, der führende Anbieter von End-to-End-Rückverfolgbarkeitstechnologie in der MOEL-Region, gab heute den Abschluss einer Partnerschaft...
Shanghai Electric
December 31, 2020
www.prnewswire.com:443
/PRNewswire/ -- Shanghai Electric (das "Unternehmen") (SEHK: 02727, SSE: 601727), der weltweit führende Hersteller und Lieferant von Anlagen zur...
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References

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