Business Intelligence (BI) Commercial Intelligence

Business intelligence technology is a kind of advanced technology that can help enterprises to complete information collection and analysis quickly. It is based on the integration of data warehousing, online analytical processing (OLAP), Data Mining 3 technologies, and establishes an enterprise data center and Business analysis model to improve the enterprise's ability to obtain operational analysis information. So as to improve the quality and speed of enterprise management and decision-making.
IDC defines business intelligence as a collection of the following software tools:
1. End-user query and reporting tools. Raw data access specifically designed to support novice users, excluding finished report generation tools for professionals
2.OLAP tools. Provides a multidimensional data management environment that is typically used to model business issues and analyze business data. OLAP is also known as Multidimensional Analysis
3. Data Mining (Mining) software. Use techniques such as neural networks and rule induction to discover the relationships between data and make data-based inferences.
4. Data mart and Data Warehouse (Mart) products. Pre-configured software, including Data transformation, management, and access, often includes business models such as financial analysis models.
5. Competent Information System (Eis,executive information System)
This definition should be comparative academic, most customers do not understand. In fact, Bi is about collecting information and analyzing it to help you make decisions. The successful BI system uses the Data Warehouse technology more.

Business Intelligence (BI) Commercial Intelligence