What is bi?

Business Intelligence (BI, Business Intelligence).

BI (Business Intelligence) is business intelligence. It is a complete set of solutions used to effectively integrate existing data in the enterprise, quickly and accurately Provide reports and provide decision-making basis to help enterprises make wise business decisions.

The concept of business intelligence was first proposed in 1996. At that time, business intelligence was defined as a type of technology and its application consisting of data warehouse (or data mart), query reports, data analysis, data mining, data backup and recovery, etc., with the purpose of helping enterprise decision-making. These data may come from the enterprise's CRM, SCM and other business systems.

The business operation decisions that business intelligence can assist can be made at the operational level, as well as at the tactical and strategic levels. In order to transform data into knowledge, technologies such as data warehouses, online analytical processing (OLAP) tools, and data mining need to be utilized. Therefore, from a technical perspective, business intelligence is not a new technology, it is just the comprehensive application of data warehouse, OLAP and data mining technologies.

It would be more appropriate to think of business intelligence as a solution. The key to business intelligence is to extract useful data from many data from different enterprise operating systems and clean it to ensure the correctness of the data, and then go through extraction, transformation and loading, that is, The ETL process is merged into an enterprise-level data warehouse to obtain a global view of enterprise data. On this basis, appropriate query and analysis tools, data mining tools, OLAP tools, etc. are used to analyze and process it (at this time Information becomes knowledge that assists decision-making), and finally the knowledge is presented to managers to provide data support for managers’ decision-making processes. Business intelligence products and solutions can be roughly divided into data warehouse products, data extraction products, OLAP products, display products, and overall solutions for a certain application that integrate the above products.

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