director of business intelligence definition

Components of Business Intelligence Systems and Tools: We can define Business Intelligence as a set of methodologies, applications and technologies to collect, improve and convert data from transactional systems and unstructured information in structured information for direct use or for analysis and translation into knowledge, thus giving support to decisions about the business.īusiness Intelligence acts as a planned factor for a company or business, generating a potential competitive advantage, which is simply to offer private information to reply to business problems: entering new markets, promotions or product offerings, eliminate islands of information, economic control, cost optimization, production planning, analysis of customer profiles, profitability of a particular product, etc. From a more pragmatic point of view, and linking it directly with the information technology. In other words, Business intelligence is the part of the responsible business management in collecting, processing and presentating of relevant information to facilitate decision-making. 9 In short, a complete BI solution allows:īusiness Intelligence is the ability to transform data into information and information into knowledge so that they can optimize the process of decision-making in business.2 Components of Business Intelligence Systems and Tools:.

Director of business intelligence definition