What is Business Intelligence?

Business intelligence (BI) comprises the strategies and technologies used by enterprises for data analysis and management of business information. BI technologies provide historical, current, and predictive views of business operations. Common functions of business intelligence technologies include reporting, online analytical processing, analytics, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics, and prescriptive analytics. BI is often used to support a wide range of business decisions ranging from operational to strategic.