Business Intelligence – BI

Business intelligence often also refers to a range of tools that provide quick, easy-to-digest access to insights about an organization's current state, based on available data. Business intelligence (BI) influences software and services to transform data into actionable insights that notify an organization’s data driven business decisions.

According to Gartner's IT glossary, “business analytics includes data mining, predictive analytics, applied analytics, and statistics.” In short, organizations conduct business analytics as part of their larger business intelligence strategy. BI is designed to answer specific queries and provide at-a-glance analysis for decisions or planning. However, companies can use the processes of analytics to continually improve follow-up questions and iteration. If you need the right Business Intelligence software you can always turn to BAB to help you select the right BI tools to quickly analyze and get insights from your business’s data.