By DeVry University
October 25, 2023
6 min read
October 25, 2023
6 min read
If you’ve been following developments in business administration and information technology, you may have noticed the term “business intelligence” used more frequently these days. But what is business intelligence exactly? In this article, we’ll define business intelligence, detail some of its benefits and describe how it works.
A robust business intelligence system and its analytical tools can do schedule regular automated reports, visualize inventory and sales in real time, pull and analyze data from multiple databases and CRMs, and mine data for deep layers of analytics. And this only scratches the surface. The list of ways BI tools could potentially be used seems endless. A roundup of the top business intelligence tools for 2023 included Microsoft Power BI, Tableau, Sisense, Domo and Zoho Analytics.
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