Overview of BI Source: Cherry Tree & Co.

What is BI Business Intelligence (BI) applications are decision support tools that enable real-time, interactive access, analysis and manipulation of mission-critical corporate information. Support internal enterprise users in the assessment, enhancement and optimization of organizational performance & operation. Deliver critical business information to end-users about value chain constituencies such as customers and supply-chain partners.

Business Intelligence Tools

Market for Analytical Applications The U.S. market for packaged BI/data warehousing applications and supporting IT services is projected to grow at a compounded annual growth rate of roughly 40% and reach $22.2 billion by 2003 the market for analytical applications is estimated to grow significantly over the next three to four years. The worldwide market for analytical applications is expected to grow at a compounded annual growth rate of nearly 30%, from $1.9 billion in 1999 to $5.2 billion in 2003.

Strategic, Tactical & Functional Benefits of Business Intelligence