Business Intelligence is not a tool nor Business Intelligence means any particular technology rather we can Business Intelligence a collection of tools and technologies which collects data business data, processes it and presents it in different format like charts and tables to the end user which will in turn help him to make business decisions based on fact derived by using Business Intelligence.
Business Intelligence can not be limited to only data processing and presentation it can further be viewed as a astrologer of business performance as it tracks the historical data and with the use of certain algorithm it can help to find the pattern and predict the future of Business Performance.
Tools and Technologies use in Business Intelligence
Business Intelligence is a collection of tools and technologies which process and presents data. Following are few tools and technologies used in BI.
SAP Business Objects
Cognos
Excel
Data Mining Tools
Micro strategy
Choosing right Business Intelligence tool is one of the most important factor of successful Business Intelligence Project and Implementation.
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