What is business intelligence? Transforming data into business insights

Business intelligence (BI) leverages software program and offerings to convert records into actionable insights that tell an organization’s strategic and tactical commercial enterprise decisions. BI equipment get right of entry to and examine records units and gift analytical findings in reports, summaries, dashboards, graphs, charts and maps to offer customers with distinctive intelligence approximately the kingdom of the commercial enterprise.

The time period commercial enterprise intelligence frequently additionally refers to quite a number equipment that offer quick, easy-to-digest get right of entry to to insights approximately an organization's modern-day kingdom, primarily based totally on to be had records.
Business intelligence examples
Reporting is a valuable side of commercial enterprise intelligence and the dashboard is possibly the archetypical BI tool. Dashboards are hosted software program packages that robotically pull collectively to be had records into charts and graphs that provide a feel of the instant kingdom of the company.

Although commercial business intelligence does now no longer inform commercial enterprise customers what to do or what's going to take place in the event that they take a positive course, nor is BI entirely approximately producing reports. Rather, BI gives a manner for human beings to observe records to apprehend developments and derive insights via way of means of streamlining the attempt had to seek for, merge and question the records important to make sound commercial enterprise decisions.

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