Business Intelligence (BI)Published Articles Product Listings Business
Intelligence refers to turning data into information that is useful to make
decisions. There is a spectrum of BI solutions. On one end of the spectrum, there
are management or production reports, which can be very simple to generate. If
the information is given on a timely basis and it’s exactly what’s needed, then
you have BI. On the other end of the spectrum are interactive slicing and dicing
tools often referred to as OLAP (On-Line Analytical Processing). BI is also included
as a component in Business Performance Management (BPM) which also
includes budgeting, forecasting, and consolidation. |