5 ways business intelligence transforms your company by Amanda Harley, MBA
Over the next few weeks, we will be counting down 5 of the ways I believe Business Intelligence transforms your company. Let’s first start with what business intelligence is. I describe Business Intelligence as taking your company’s data and turning it into meaningful knowledge that you can immediately apply to transform your business. Notice three words in that sentence – meaningful, apply, & transform. Business Intelligence is where data meets action. Business Intelligence is not just pretty graphs or dashboards. A great Business Intelligence System allows you to monitor the performance of your business from 50,000 feet or 5 feet. I love Wikipedia’s synonym for Business Intelligence – “a Decision Support System” – because decisions based on facts truly transform a business.