Business Intelligence

Leyla Popova Zhuhadar

What is BI?

"Business intelligence (BI) is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information. BI can handle large amounts of information to help identify and develop new opportunities. Making use of new opportunities and implementing an effective strategy can provide a competitive market advantage and long-term stability [1]."

BI technologies provide historical, current and predictive views of business operations. Common functions of business intelligence technologies are reporting, online analytical processing, analytics, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics and prescriptive analytics.

The goal of modern business intelligence deployments is to support better business decision-making. Thus a BI system can be called a decision support system (DSS) [2]." Though the term business intelligence is sometimes a synonym for competitive intelligence (because they both support decision making), BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence gathers, analyzes and disseminates information with a topical focus on company competitors. If understood broadly, business intelligence can include the subset of competitive intelligence [3]."

BI Books Recommendation

BI Resources

Recent News!

Books & Articles!

  • Business Analytics for Managers-Taking Business Intelligence beyond Reporting
    by Gert H.N. Laursen & Jesper Thorlund (ebook) Sign In to Audible
  • Predictive Analytics with Excel (ebook)
  • Wikinomics (summary, chapter1): How Mass Collaboration Changes Everything by Don Tapscott
  • The Wisdom of Crowds: Business Intelligence Market Study (article)
  • Next Digital Decade (complete ebook)
  • Internet Traffic Forecasting Using Time Series Methods (articles)
  • MIT Next generation Business Intelligence Software, Areas of Growth & Opportunities
    for innovation (thesis)

News & Conferences!

Data Sets

1- Excel Data: Download all files zip

2-PowerPivot Sample Data and Resources

3- SAS Data & Programs

4- SPSS Data

5- Statisitca Data

6- Weka Data

7- Gephi Data

Business Intelligence Software & Applications

Business Intelligence Architecture

Business Intelligence implenentations