Definition
Business Intelligence (BI) is the collection of methods, processes and technologies used to transform data into information that supports business decision-making.
Human Explanation
BI helps an organisation understand what is happening in its operations by using data.
Why it Matters
Business Intelligence enables decisions to be based on evidence rather than assumptions.
Conceptual Boundary
BI is not limited to producing reports or dashboards. It covers the wider process of collecting, processing, analysing and presenting information.
Practical Perspective
Effective BI solutions combine data from multiple sources and present the resulting information in a form that supports decisions.