Intelligence, which in more literal terms means **to know**.

One of life's greatest lessons that has been continually resounded into our subconscious over time is that **the more we know the better we perform**.

It is good to know, it is great to have superior information compared to your peers, but it is quite useless to know irrelevant information. 

This is rule applies strictly in everyone's personal lives and also very importantly in the business world. 

It is important to constantly consume new information as frequently as possible as a business person.

Executives in companies understand this fact so much that an entire field has been created to fulfill the role of gathering and provision of new information to assist in business decisions.

This field is known as **Business Intelligence**.

Generally shortened and described as BI. Business intelligence is a combination of tools, applications and technologies used by organizations in the process of gathering and analyzing data. 

Usually, these tools and applications are technology products.


Organizations use BI as an avenue to generate data internally and externally in order to use the results of the analysis of the data as a treshold to stand on while making future decisions.

### Pros Of Business Intelligence 

Implementation of business intelligence in any organization will almost certainly help by helping compaines to

- Improve decision making
- Streamline business processes 
- Gain competitive advantage 
- increase efficiency 



BI utilizes a number of technologies and technical processes to meet up to it's responsibility including but not limited to

- Data mining
- Online analytical processing 
- Predictive analytics
- Big data analytics e. t. c


Big data tools are mainly data visualization tools. These can be used to set up dashboard that can be used to view charts and graphs that gives details about the organization being represented. 


In the market today we can find a number of software solutions already available for business intelligence for organizations in its entirety. 

Read on in the next section for examples of business intelligence solutions 

### Exisiting Software Solutions For Business Intelligence 

#### Datapine

Datapine provides a user interface that helps with information gathering and data visualization. 


Datapine was designed to help business executives come up with better strategies as a result of data analysis of their business and industry. 

All important data that is vital to the smooth running and decision making process in a company are collected and displayed on one interface.

Datapine can be used with cloud or without.

There's a free and paid version of datapine. 

#### Yellowfin

Yellowfin just like datapine allows organizations to gather data and important information from different sources in order to optimize the execution of operations in organization. 

Yellowfin comes with cool features like automated data-reporting, tools for visual data preparation and extensions for advanced data analysis. 

The software can be run on cloud or off cloud. There's a free and paid version. 

#### Answerdock

Answerdock uses NLP and AI to provide useful and instantly readable answers as results of its data analysis process. 

The software is quite easy to use as it only needs the user to type in queries and wait for results of their search as output. 

Answerdock also has online and offline capabilities. Using Answerdock on the cloud exposes the user to better BI features as opposed to using it offline. 

Answerdock also offers free and paid plans. 


BI is very vital to the survival of any organization on the long run by ensuring the availability of useful insights on hand. 

Businesses that do not pay adequate attention to BI have the tendency to end up miserably as a result of making misinformed information. 


What are your thoughts on business intelligence. Share in the comments. 


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