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Business Intelligence refers to the technologies, processes, and tools that help organizations gather, analyze, and present data to support business decision-making.
BI tools are used to collect, transform, and visualize data from various sources, enabling organizations to gain insights, make informed decisions, and optimize their operations.
BI tools can handle a wide range of data, including structured data (like databases and spreadsheets) and semi-structured/unstructured data (like text and social media content).
Some popular BI tools include Tableau, Power BI, QlikView, Looker, MicroStrategy, Domo, and IBM Cognos.
Dashboards are visual displays of data that provide an overview of key performance metrics and trends. Reports are structured documents that present detailed information on specific aspects of the business.
Many modern BI tools have the capability to handle real-time or near-real-time data by connecting to streaming data sources and updating dashboards dynamically.