What Is Business Intelligence (BI)? Webopedia Definition
Try Microsoft EdgeA fast and secure browser that’s designed for Windows 10. Though the term enterprise intelligence is sometimes a synonym for competitive intelligence (as a result of they both help choice making ), BI makes use of technologies, processes, and purposes to investigate mostly inside, structured data and enterprise processes whereas competitive intelligence gathers, analyzes and disseminates data with a topical focus on firm rivals.
Enterprise intelligence is sometimes used interchangeably with enterprise analytics ; in different circumstances, enterprise analytics is used either more narrowly to discuss with advanced data analytics or more broadly to incorporate each BI and superior analytics.
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Along with BI managers, business intelligence groups generally include a mixture of BI architects, BI developers, enterprise analysts and knowledge management professionals; enterprise users usually are also included to symbolize the enterprise side and ensure its needs are met within the BI improvement course of.
This may be completed by adding context through the use of metadata 36 Many systems already seize some metadata (e.g. filename, creator, dimension, and many others.), but more useful can be metadata concerning the precise content – e.g. summaries, matters, people or companies talked about.