1. Why BI….? Most companies collect a large amount of data from their business operations. To keep track of that information, a business and would need to use a wide range of software programs, such as Excel, Access and different database applications for various departments throughout their organization. Using multiple software programs makes it difficult to retrieve information in a timely manner and to perform analysis of the data. Most companies collect a large amount of data from their business operations. To keep track of that information, a business and would need to use a wide range of software programs, such as Excel, Access and different database applications for various departments throughout their organization. Using multiple software programs makes it difficult to retrieve information in a timely manner and to perform analysis of the data.datasoftwaredatabasedatasoftwaredatabase

2. BI is getting the right information into the right people’s hands in a format that allows them to understand the data quickly. BI is getting the right information into the right people’s hands in a format that allows them to understand the data quickly. It is not just about decision support It is not just about decision support No step by step procedure No step by step procedure Not a methodology Not a methodology

3. BI refers to application and technology, which is used to gather, provide access to, and analyze data and information about the company operations

4. BI also refers to skills, processes, technologies, applications and practices used to support decision making. BI also refers to skills, processes, technologies, applications and practices used to support decision making.

5. Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining. decision support systemsqueryOLAPdata mining decision support systemsqueryOLAPdata mining

6. It is an architecture and a collection of integrated operational as well as decision-support applications and databases that provide the business community easy access to business data.

7. BI applications can also help managers to be better informed about actions that a company's competitors are taking. BI systems can also be designed to provide managers with information on the state of economic trends or marketplace factors, or to provide managers with in depth knowledge about the internal operations of a business.

8. BI can be used to help analysts and managers determine which adjustments are most likely to respond to changing trends. BI systems can help companies develop a more consistent, data-based decision making process for business decisions, which can produce better results than making business decisions by "guesswork."

9. Business intelligence (BI) includes the processes and applications that support better business decisions. Business intelligence (BI) includes the processes and applications that support better business decisions. Performance management is an extension of business intelligence with the primary focus to manage corporate performance such as strategy formulation, budgeting and forecasting. Performance management is an extension of business intelligence with the primary focus to manage corporate performance such as strategy formulation, budgeting and forecasting.

10. The term Business Intelligence (BI) 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. Generally these systems will illustrate business intelligence in the areas of customer profiling, customer support, market research, market segmentation, product profitability, statistical analysis, and inventory and distribution analysis to name a few. The term Business Intelligence (BI) 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. Generally these systems will illustrate business intelligence in the areas of customer profiling, customer support, market research, market segmentation, product profitability, statistical analysis, and inventory and distribution analysis to name a few.Business IntelligenceBusiness Intelligence

11. Business intelligence (BI) simplifies information discovery and analysis, making it possible for decision-makers at all levels of an organization to more easily access, understand, analyze, collaborate, and act on information, anytime and anywhere. Business intelligence (BI) simplifies information discovery and analysis, making it possible for decision-makers at all levels of an organization to more easily access, understand, analyze, collaborate, and act on information, anytime and anywhere. This definition for BI demonstrates that traditional analyst-driven BI applications have evolved to include multiple initiatives to measure, manage, and improve on the performance of individuals, processes, teams, and business units. This definition for BI demonstrates that traditional analyst-driven BI applications have evolved to include multiple initiatives to measure, manage, and improve on the performance of individuals, processes, teams, and business units.

12. What is a business Enterprise… Irrespective to industry domain – Retail, banking, manufacturing, transport, energy, etc there are similarities in their organizational structure. Irrespective to industry domain – Retail, banking, manufacturing, transport, energy, etc there are similarities in their organizational structure. In General organizations serve their customers with either product or services. In General organizations serve their customers with either product or services. Each Business has number of core functions or processes. Each Business has number of core functions or processes.