January 4, 2012 at 1:50 am
Can anyone please explain exactly that
1. What is Business Intelligence ?
2. Why we use Business Intelligence ?
3. What are the advantages of using Business Intelligence ?
Actually i am very new to this "Business Intelligence " topic so i am not getting what exactly does it means ,
can anyone please help me .
Thank you for the help .
January 4, 2012 at 1:57 am
Everyone's view might be different but should mean the same thing at the end, so here goes:
1. What is Business Intelligence ?
Making sense and adding value to your data, visualising results and making Business Decisions based on results.
2. Why we use Business Intelligence ?
To know more about our data, sales, figures, stocks, etc... to get deeper knowledge out of our data.
3. What are the advantages of using Business Intelligence ?
Make intelligent decisions, forecast losses, gains, presentations, adding value, identify problem areas.
I could elaborate for 12 pages on this, but basically:
Making sense of Business Data for better decision making.
The scope behind this is huge, for example: Data from databases, Oracle, SQL etc can be staged and used against market prices etc...multiple sources of data can be used to build one view of your business.
Hope it makes sense.
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This thing is addressing problems that dont exist. Its solution-ism at its worst. We are dumbing down machines that are inherently superior. - Gilfoyle
January 4, 2012 at 2:03 am
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January 4, 2012 at 3:17 am
Thanks for the information .
January 4, 2012 at 4:06 am
I like to think of business intelligence as an oxymoron
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