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BI systems aim to transform data into useful information and knowledge to support effective decision making and strategic thinking in organizations. They analyze business processes and help improve competitiveness. Specifically, BI systems can (1) cast light on information to enable fundamental business changes, (2) support decision making at all management levels by facilitating analyses, reporting, and simulations, and (3) analyze various areas like finances, marketing, customers, and logistics. Building effective BI systems requires an organizational culture of information sharing and an iterative process of system creation and use.
BI systems aim to transform data into useful information and knowledge to support effective decision making and strategic thinking in organizations. They analyze business processes and help …