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Showing posts from January, 2016
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What is Business Intelligence? BI is specific term which refers to software applications to analysis company raw data in organized form .BI is a set of processes, technologies and  applications used to provide information and support the decision making process It is Not a standard software product, it is specifically designed by consulting and targeting to particular business need . BI is broad term which capture the many things in it. Some of BI terms are SCD, MOLAP, ROLAP, Analytics, Forecasting, EIS, OLAP, KPI, SALES Intelligence, Data mart, Data Integration and MDM. Some of Business examples which used the BI solutions. In Retail System BI is use to make the strategic decisions such as what new products to add to their store, which one products need to finish and which underperforming stores to close. Another example of banks which used BI solution to analyze organizational data, banks can improve and streamline operational efficiencies to not only support sales and