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Business Intelligence Advancements Transform Corporate Decision-Making
Business intelligence refers to in-depth analysis of company data for better decision-making. The technology and processes that make this analysis possible take unwieldy collections of information and translate them into organized, readily-accessible, human-readable compilations of data. With an effective BI tool, companies can easily track their own operations, their customers' activity patterns, and industry trends. These fact-based assessments help companies work toward specific goals with confidence.
The business intelligence process can be broken down into the following three stages:
1. Data
2. Information
3. Knowledge
Raw data is gathered and proces...
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