1.

What Is Bi? I Have Heard This Term Before But I Have No Idea About It?

Answer»

BI stands for Business Intelligence. Microsoft started to promote the acronym BI SINCE the launch of SQL Server 2005. However, it has been in use for a LONG time. The basic idea of BI is quite similar to Data Warehousing. Business intelligence is a method for storing and presenting accurate and TIMELY key enterprise data to CXO, IT Managers, Business Consultants, and distributed teams of a company, to provide them with up-to-date information to drive intelligent decisions for business success, which ultimately leads to enhanced revenue, reduced risk, decreased cost, and BETTER operational control for business agility and competitiveness. An effective BI empowers end users to use data to understand the cause that led to a particular business result, to decide on the course of action based on past data, and to accurately FORECAST future results.

BI stands for Business Intelligence. Microsoft started to promote the acronym BI since the launch of SQL Server 2005. However, it has been in use for a long time. The basic idea of BI is quite similar to Data Warehousing. Business intelligence is a method for storing and presenting accurate and timely key enterprise data to CXO, IT Managers, Business Consultants, and distributed teams of a company, to provide them with up-to-date information to drive intelligent decisions for business success, which ultimately leads to enhanced revenue, reduced risk, decreased cost, and better operational control for business agility and competitiveness. An effective BI empowers end users to use data to understand the cause that led to a particular business result, to decide on the course of action based on past data, and to accurately forecast future results.



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