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Making better business decisions through the use of timely and accurate information. Explanation of Business Intelligence.

WHAT IS BUSINESS INTELLIGENCE? 12manage for:

DEFINITION Software Reporting Tools Consultants
Business Intelligence (BI) aims at making better See the Cognos Reporting Software Tool Demo Right MBA Students
business decisions through the use of a broad Away. Professors
category of Management Information Systems, www.cognos.com/reporting
applications and technologies for gathering,
storing, analyzing, and providing access to data. BI
uses timely and accurate information to make Best practices data
decisions. Change management lessons learned from 426 Ads by Google
organizations
www.change-management.com

TYPICAL BI ACTIVITIES
Typically, BI activities include decision support,
query and reporting, online analytical processing, Business Intelligence
statistical analysis, forecasting, and data mining. BI Complete range of BI capabilities on a single, proven
represents those systems that help companies architecture.
www.nexustech.com.ph/cognos
understand what makes the corporation
successful, and to help predict the future impact of
current decisions. These systems play a key role in
strategic planning process of the corporation.
TYPICAL BUSINESS
INTELLIGENCE
APPLICATIONS
Supply Chain
Typical BI systems are:
customer profiling, market
Benchmarking
basket analysis, anti money
laundering, anti fraud,
customer contact analysis, Improve Supply
market segmentation, credit Chain & Logistics
scoring, product profitability,
inventory movement as well with online KPIs and
as certain risk related
applications.
Benchmarking

www.BenchmarkingSuccess.com
BUSINESS INTELLIGENCE
SOFTWARE
BI software provides better
steering information to
managers, enabling them to
make better business
decisions, ultimately leading
to increased shareholder and
stakeholder value creation.
BI systems play a key role in
strategic planning process of
the corporation.
BUSINESS INTELLIGENCE FORUM
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Recent User Comments
Paramjit - India Business "Wikipedia says In 1989 Howard Dresner, a Research 14
Intelligence Fellow at Gartner Group popularized "BI" as an umbrella
History term to describe a set of concepts and methods to
improve business decision-making by using fact-based
support systems. But was it actually Dresdner in 1989
who actually coined the term 'Business Intelligence'?"
Alonso - US Self-servicing "In the same SAS-magazine, also Bill Hostmann from -
BI Gartner Research is quoted. Bill expects that information 16
will be increasingly self-servicing. Getting information to

http://www.12manage.com/methods_business_intelligence.html 6/10/2008