Business intelligence (BI) is an application used for giving meaning to raw data that an organization has. The raw data is cleansed, stored and applied with business logics to be useful for enterprise users to make better business decisions. This data can be presented in the form of reports and can be displayed in the form of tables, charts etc. which is efficient and easier to analyse and make business decisions.
During all business activities, companies create data about customers, suppliers and internal activities. Based on these data?s, employees of various departments like HR, Finance, Accounting, Marketing etc. prepare their work plan.