Business Intelligence Overview for PMs

Business Intelligence Overview for PMs

Business Intelligence: Business Intelligence refers to concepts and methods to improve business decision making by using fact-based support systems. It also refers all the tools, techniques and methodologies in enabling or supporting business intelligence for decision making. The tools used for BI span from creating simple reports to complex reporting integrating data from many systems/databases. The modern tools enable interactive reporting to perform analysis and to perform decision making analysis on demand. Data mining tools are maturing and getting easier to enable deeper and more complex business intelligence insights. The tools and skills are broadly categorized into three areas – data integration, reporting, and analysis