Analytic practices, applications and technologies used in determining the actual past and future circumstances of the market are jointly known as Business Intelligence or an organization. The use of Business Intelligence, whether it is a small or a large organization, is quite crucial, especially in highly competitive situations in digital age economy.

The BI of a company should be sought, maintained and acquired heavily so that the company can remain aware of the challenges and changes in the market, so that it can offer satisfactory results to its customers. When it is applied within the organization, it ensures effective management and performance of the workers, and that is why, BI is said to be very crucial to a company’s advantage especially moving into digital age economic .

A spreadsheet of the revenues, expenditures and top level employees of your competitors is a very basic example of Business Intelligence. Apart from the spreadsheet, a BI can also be :-

Business Intelligence, Digital dashboards, geographic reporting, Local Information Systems, marketing and public relations, optimization of business performance, Oracle, Process mining, RapidMiner, System Implementation

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