> glossary > BI

BI

(Business Intelligence) Analysis of business data. BI is the name given to a class of software tools specifically designed to aid analysis of business data. BI tools have traditionally been associated with in-depth analysis of historical transaction data, supplied by either a data warehouse or an online analytical processing (OLAP) server linked to a database system. BI has a wide range of commercial and non-commercial applications, with the most common being the analysis of patterns such as sales and stock trends, pricing and customer behavior to inform business decision-making. For this reason it is sometimes referred to as decision support software.

More about "BI" ...