What is BI?
Data is а powerful business resource. A suitable tool for analysis can unlock significant value and deliver insights. As the volume of data is rapidly increasing, the analysis of all the information gets complex and even impossible. That is where business intelligence software comes in, bringing the power to analyze huge amounts of data and extract meaningful and actionable insights. Thanks to BI the data is organized, summarized and analyzed, generating useful knowledge that solves business problems.
Business intelligence (BI) is a software tool that provides a detailed view of past and current business activities and predicts future trends. BI is a powerful instrument that extracts, optimizes, analyzes and presents company data. BI applications are an upgrade to your current IT systems that help management to understand and know what is going on with their business.