Business Intelligence White Paper: Version 1.0

Overview

Business Intelligence (BI) refers to the process for increasing the competitive advantage of a company by intelligent use of available data in decision-making. It represents the tools and systems that play a key role in the strategic planning process of the corporation. These systems allow a company to gather, store, access and analyze corporate data to aid in decision-making. BI provides a shared understanding of key data across the whole business so one can monitor and improve performance of the company. A BI software solution brings together key BI capabilities to measure and monitor performance, such as dashboards, analysis, reports, and scorecards.