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Business Intelligence

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Business Intelligence
The use of data to discover what is happening with a company. An example of business intelligence is the use of a computer program to look at financial statements to detect irregularities or other patterns. A company may do this to improve its own efficiency, an outside observer may do it to make recommendations or to invest, and a competitor may do it to find potential advantages.


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In plain English, business intelligence aims to support better business decision-making.
Summary: Cognos, an IBM (NYSE: IBM) company, and a world leader in business intelligence and performance management, today announced that Forrester Research, Inc.
Electronic business intelligence helps an organization eliminate guesswork, strengthen coordination among departments and to make immediate response to the changes in business and competitions.
 
 
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