Business Intelligence is a tools / software for gathering, storing, analyzing and providing access to data and information to organizations for making informed business decisions. Business Intelligence is a true mechanism to help organizations turn their data into useful information and distribute the same to the individuals and teams when they need it. It allows organizations to understand, predict and analyze the organizational environment and provides a 360 degree view by combining information from various sources. It allows the organizational workers to be more productive and make them self-sufficient by helping them use the resources and data for timely reporting, analyzing, forecasting and decision making. A typical Business Intelligence applications perform decision making, query search, reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining by using fact-based support systems.
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