The capabilities of the most effective BI tools

What’s the big deal about BI? Business Intelligence is a buzz phrase that gets tossed around in business circles, but do you get what it’s about? Let this infographic presented by Intellicus help you to understand the basics of Business Intelligence – its concepts, components, and what the capabilities of the most effective BI tools are.

BI tools

At its core, BI is simply a technology-based system that gives businesses the tools to sort through all the volumes of their internal and external data, analyze what the data is saying, and then gain actionable insights to make better, more impactful business decisions.

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We tackle important questions like:

  • What are the concepts behind Business Intelligence?
  • Why is Business Intelligence important?
  • And what are the components of Business Intelligence?
  • And what does Business Intelligence software do, exactly?
  • What are the factors I should consider in choosing the right BI tool for my business?
  • What are some of the best BI tools on the market?

Business Intelligence exists to help business leaders to make more informed decisions for their organizations in conjunction with other key stakeholders. Companies use Business Intelligence to help achieve goals such as:

  • Improving their customer experience
  • Identifying new business opportunities
  • Streamlining business processes and procedures
  • Cutting costs
  • Generating more revenue

If you’re ready to learn more so your business can the most out of BI, be sure and check out this full infographic ‘Business Intelligence Concepts and Components’ from Intellicus.

BI tools

BI tools

Source URL: Intellicus



About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver