Business Intelligence

admin · 26th January 2010, 10:39 AM

Business Intelligence (BI) refers to skills, processes, technologies, applications and practices used to support decision making. BI is also known as decision support system (DSS), competitive intelligence (CI), data warehousing (DWH), business analytics or simply analytics.

Business Intelligence 2.0 (BI 2.0) is a (primarily marketing) term that refers to new tools and software for business intelligence that enable, among other things, dynamic querying of real-time corporate data by employees, and a more web-based approach to such data, as opposed to the proprietary querying tools (like Cognos and Business Objects) that had characterised previous business intelligence (BI 1.0) software. BI 2.0 is a mix of Web 2.0 (social media, mashups, etc.) and Web 3.0 (semantic integration) ideas.

BI 2.0 also reflects a move away from the standard data warehouse that business intelligence tools have traditionally used, to new tools which have context and the ability to relate information quickly from many sources.

26th January 2010, 10:39 AM	#1
admin Administrator Join Date: Oct 2007 Posts: 15,929 Blog Entries: 7	Business Intelligence Business Intelligence (BI) refers to skills, processes, technologies, applications and practices used to support decision making. BI is also known as decision support system (DSS), competitive intelligence (CI), data warehousing (DWH), business analytics or simply analytics. Business Intelligence 2.0 (BI 2.0) is a (primarily marketing) term that refers to new tools and software for business intelligence that enable, among other things, dynamic querying of real-time corporate data by employees, and a more web-based approach to such data, as opposed to the proprietary querying tools (like Cognos and Business Objects) that had characterised previous business intelligence (BI 1.0) software. BI 2.0 is a mix of Web 2.0 (social media, mashups, etc.) and Web 3.0 (semantic integration) ideas. BI 2.0 also reflects a move away from the standard data warehouse that business intelligence tools have traditionally used, to new tools which have context and the ability to relate information quickly from many sources.

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