Business Intelligence

Business intelligence (BI) is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information. BI technologies provide historical, current and predictive views of business operations.

The goal of modern business intelligence deployments is to support better business decision-making. Thus a BI system can be called a decision support system (DSS).BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence gathers, analyzes and disseminates information with a topical focus on company competitors.