Dictionary Term

Business Intelligence Software

AKA:

Business intelligence software (BI software) is software that turns raw data into information that businesses can use to create growth. Businesses intelligence software helps users to understand the strengths and weaknesses in their organizations by showing them the implications and meanings in their data. This information can be used to improve every aspect of a businsess.

For instance, retailers commonly use BI software to determine which items to add or remove from stock; medical administrators use BI software to control the flow of patients through a hospital; and casinos often employ BI software to design gaming floors that maximize player engagement.

Sources :


http://www.techopedia.com/definition/994/business-intelligence-software-bisoftware http://www.businessweek.com/technology/content/mar2009/tc2009032_101762.htm



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