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Saturday, September 06, 2008

Business intelligence

Business intelligence is the process of gathering information in the field of business.

The term was first used by Gartner and describes the process of turning data into information and then into knowledge.

Business intelligence is carried out to gain sustainable competitive advantages.

Business Performance Management is seen as the new generation of business intelligence.

There is a grey area between what is called business intelligence and industrial espionage.

Tools for Business Intelligence

People doing business intelligence have developed tools that ease the work, especially when the intelligence task involves gathering and analyzing large amounts of data. These are some tools commonly used for business intelligence:

  • Data warehouses
  • Data mining
  • Business workflow analysis
  • Business management systems p2p
  • Document warehouses
  • Text mining

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