By application of the different business intelligence techniques in managing an enterprise, we can conclude that business intelligence is the capability of understanding the different interrelationships between the facts in the information presented about the enterprise in question in the way that helps in providing guidance and action towards achievement of the enterprise’s goals at a given time. Typically, business intelligence describes the various concepts and techniques to advance decision making in organizations by application of support systems that are factual.
The future of enterprises relies entirely on the availability of information, processes and the necessary tools and techniques. The inadequacy of the necessary business intelligence techniques in enterprises can be a hindrance to the making of insightful decisions regarding important changes in their operatives in the market. This makes the future of such enterprises unclear. Business intelligence is therefore vital for development of the enterprise information systems as it enables them to meet their needs, time frame and the budget requirements.
GRIN - Business Intelligence in the Cloud
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