Have you ever wished you could get a glimpse into the inner workings of your organization to understand more about how and why things happen? Well, I’ve got great news for you — you can! Business intelligence tools give you just this opportunity, but they can do much more! For those who’ve wondered what BI is good for, this article highlights the four main business intelligence applications and what it can do for your business.
Origin of Business Intelligence Applications
The uses of business intelligence tools to enhance your business operations is not a new concept. In fact, the phrase business intelligence goes back to the 1800s when the term was first used in a book to describe the way a financier had been outsmarted by competitors who used knowledge of the market to play it. Of course, we’ll be operating from a more modern understanding of the term: BI,