Business Intelligence is a data driven works in collections of huge data gathering, knowledge management and data storage help to provides input to the decision process. Business intelligence point out large volumes of data about the firm and its operation. In technology and computer based environments, BI uses a huge amount of database, stored the same in data warehouse or data mart.
A newly development of BI includes Business Performance Measures (BPM), Business Activity Monitoring (BAM), and the expansion of BI in a staff tool used by various people throughout the organization. It has noticed BI techniques and findings will be imbedded for the long term into business processes.
Business intelligence (BI) term includes the infrastructure and tools, applications and best practices that enable access to and analysis of information to improve and optimize decisions and performance.
BI defines “the methods and technologies that gather, store, report and analyze business data to help people make business decisions: business intelligence software; “
Importance of BI software tools
BI systems give classical, current and predictive views of business operations. Software elements support reporting, interactive pivot-table analysis, visualization and statistical data mining. The system application deals with sales production, financial and many other sources of business data for the reason of business performance management. Other data is also gathered from the same company which is known as benchmarking.
Business Intelligence Trends
Enterprise information management brings BI and enterprise content management together. Recent companies have started to observe that data and content should not be taken separate aspects of information management; in fact they should be managed in an integrated enterprise approach. Currently organizations are tending towards Operational Business Intelligence which is recently under served and uncontested by vendors. Traditionally, it is seen BI vendors are focusing only the top pyramid, but now there is a paradigm moving toward BI to the bottom of the pyramid with a focus of self-service BI.
BI and BA
In the 1990s, BI was a popular term in the business and IT industries. Later, in the 2000s, Business analytics (BA) was introduced to represent the main functional component in BI. BI&A is data science in business. According to recent data review big data and big data analytics used to explain the data sets and analytical techniques in applications that are so huge and complex which require advance and unique data storage, management, analysis and visualization technologies. The BI & A treat big data analytics as a field that offers new directions for BI&A research.
IBM Business Intelligence
IBM BI products are designed to indulge with one another and with many third party solutions, including leading big data platforms. IBM has designated BI as the next generation wave of its high-profile e-business, recognizing BI as a very lucrative and major market opportunity. Mike Biere an IBM expert take his business to a whole new level with innovative in business intelligence. Reports, dashboards, analysis and mobile capabilities are designed to predictive analytics. With IBM own BI software help them to provides collaboration and social networking capabilities to fuel the exchange of ideas and knowledge that naturally occurs in decision making processes. Click—–> 
iglobaltechinfo.wordpress.com 