Business intelligence (BI) refers to the technologies, tools, and practices that organizations use to collect, store, analyze, and present data in order to make better decisions. It provides a way for businesses to turn raw data into actionable insights that can be used to improve performance, increase efficiency, and gain a competitive advantage.
BI includes a wide range of tools and technologies, including data warehousing, online analytical processing (OLAP), data mining, and reporting and visualization tools. These tools are used to collect and store data from a variety of sources, such as transactional systems, social media, and external data feeds. The data is then analyzed and presented in a way that is easy to understand, so that users can identify patterns, trends, and insights that would otherwise be hidden.
BI also includes a set of best practices and methodologies for using data to inform decision-making. This includes identifying key performance indicators (KPIs) to track, defining metrics and measures to assess performance, and establishing data governance and data quality standards.
Some of the most widely popular BI tools today are:
- Microsoft PowerBI
- SAP BusinessObjects, SAP Analytics Cloud
- Oracle Business Intelligence, Oracle Analytics Cloud
- IBM Cognos Analytics
- QlikView, QlikSense
List of articles on Oracle Business Intelligence (OBIEE):
Display duration time as days, hours and minutes in OBIEE
Export and import settings for catalog objects in OBIEE
Add total in a chart using Calculated Items in OBIEE
Set all values as default for a variable in a filter in OBIEE
Change query logging level from Answers in OBIEE
Edit reports starting on Criteria tab in OBIEE
Display custom message in No Results view in OBIEE
Oracle Alta UI color palette
Clean default dashboard styles with CSS
Nest folders in Presentation Layer in OBIEE
Hide dashboard objects in OBIEE
Go back to report prompts with a custom button in OBIEE
Correct order by Month date in OBIEE
Create a dummy (blank) column in OBIEE