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Business Intelligence Business intelligence BI refers to a broad category of applications and techniques used in the management and analysis of data to provide timely and accurate information for an improved decision making process. Data management and warehousing are considered the basic platforms on which BI is grounded.
Business intelligence BI is a process for data analysis and presentation purpose to assist business executives and managers in decision making. BI uses a number of important tools, applications and methods which makes it possible for an organisation to collect data, develop queries and run them against the data, report generation, data visualization and this helps in making the data information available to the corporate members when making informed decisions.
Business analytics BA is a process applied by organizations to manage large sets of data so as to produce useful information for problem solving, and decision making to enhance performance of the business. Business intelligence, data mining and analytic applications are well integrated within transactional systems to facilitate analytics.
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