business intelligence

"Business intelligence" involves using data and analytics to inform and enhance business decision-making processes.

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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":

intelligence office