Business Intelligence and Data Warehousing
Often BI applications use data gathered from a data warehouse or a data mart. However, not all data warehouses are used for business intelligence, nor do all business intelligence applications require a data warehouse.
To distinguish between the concepts of business intelligence and data warehouses, Forrester Research often defines business intelligence in one of two ways:
Using a broad definition: "Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making." When using this definition, business intelligence also includes technologies such as data integration, data quality, data warehousing, master data management, text and content analytics, and many others that the market sometimes lumps into the Information Management segment. Therefore, Forrester refers to data preparation and data usage as two separate, but closely linked segments of the business intelligence architectural stack.
Forrester defines the latter, narrower business intelligence market as, "...referring to just the top layers of the BI architectural stack such as reporting, analytics and dashboards."
Read more about this topic: Business Intelligence
Famous quotes containing the words business, intelligence and/or data:
“On the most profitable lie, the course of events presently lays a destructive tax; whilst frankness invites frankness, puts the parties on a convenient footing, and makes their business a friendship.”
—Ralph Waldo Emerson (1803–1882)
“Since an intelligence common to us all makes things known to us and formulates them in our minds, honorable actions are ascribed by us to virtue, and dishonorable actions to vice; and only a madman would conclude that these judgments are matters of opinion, and not fixed by nature.”
—Marcus Tullius Cicero (106–43 B.C.)
“To write it, it took three months; to conceive it three minutes; to collect the data in it—all my life.”
—F. Scott Fitzgerald (1896–1940)