Wikipedia describes 'Business Intelligence' :
Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information and sometimes to the information itself. The purpose of business intelligence-a term that dates at least to 1958-is to support better business decision making. Thus, BI is also described as a decision support system (DSS) |
Reference: http://en.wikipedia.org/wiki/Business_intelligence
As we can see the Business Intelligence market, if described in the loosest terms, is a set of commonly used terminology, tools, and technologies that are used to solve a set of commonly related problems.
The terminology, tools, and technologies include (with links to the relevant Wikipedia entries):
- Reporting: standard reports, parameterized reports, ad-hoc reports, desktop reporting, report bursting, enterprise reporting, report server, self-service reporting
- Analysis: slice-and-dice, pivot tables, on-line analytical processing (OLAP), cubes, dimensions and hierarchies, drill down
- Storage Models: data marts, data warehouses, star schemas, snowflake schemas, fact tables, de-normalization,
- Data: data integration, Extract-Transform-Load (ETL), Extract-Load-Transform (ELT), data quality, data profiling, metadata
- Predictive Analytics: data mining, predictive analytics and machine learning
- Analytical applications: balanced scorecard, Decision Support System (DSS), Executive Information System (EIS), dashboard
- Flavors: operational BI, real-time BI
[TODO
Describe (briefly):
- Reporting, analysis, dashboards, ad-hoc, OLAP
- Historical / trending vs live / operational reporting
- Transactional vs operation data store vs data-mart / data-warehouses.
- ETL
- Dimensions, attributes, measures, and keys
- Typical architectures
Include references to external sources.]]
Business Intelligence projects are often complex and expensive undertakings that have several problems.