Deep insight into a company’s operations could mean the difference between merely breaking even or soaring to high profits. Although business intelligence initiatives seek to help provide this insight, when not organized or approached correctly, up to 70 percent of the budget for these initiatives can be squandered addressing people, process or governance issues
A properly managed business intelligence program can fundamentally change the way a company looks at itself and makes decisions.
Business intelligence (BI) is an enterprise-level program focused on the analysis, distribution and contextual use of information for informed decision making and performance optimization. BI supports activities from the strategic level down to the operational level. When pervasive in an organization, BI can drive the transformation of business processes from mundane and isolated to information-rich and integrated.