business intelligence
"Business intelligence" involves using data and analytics to inform and enhance business decision-making processes.
πΊπΈ US Voice:
π¬π§ UK Voice:
Definition
C1Business
(technical, academic)The process of gathering, analyzing, and presenting business data to support decision-making.
Example
- The company uses business intelligence to identify market trends and improve its strategies.
- Business intelligence tools help managers make data-driven decisions.
C1Technology
(technical, academic)Technologies and tools used to transform raw data into meaningful insights for business analysis.
Example
- Business intelligence software can visualize complex data in easy-to-understand formats.
- With the help of business intelligence systems, organizations can streamline their data management processes.
Similar
Terms that have similar or relatively close meanings to "business intelligence":