Business Intelligence Approaches

Mihaela Muntean

MPRA Paper from University Library of Munich, Germany

Abstract: Business Intelligence (BI) is unanimous considered the art of gaining business advantage from data; therefore BI systems and infrastructures must integrate disparate data sources into a single coherent framework for real-time reporting and detailed analysis within the extended enterprise. Also the solution to a business problem is a process that includes business intelligence, BI, by itself, is rarely the complete solution to the problem. Therefore, BI tools must understand the process and how to be part of it. Subordinated to performance management, Business Intelligence approaches help firms to optimize business performance. Looking inside the business and at the environment in which they operate, managers are able to fundament the most productive and profitable decisions. The new trend of social BI in business analysis comes with an innovative approach in consolidating performance management. A data warehouse schema for social BI will be a good start for future debates.

Keywords: business intelligence; performance management; social business intelligence; social data warehouse (search for similar items in EconPapers)
JEL-codes: L86 M00 (search for similar items in EconPapers)
Date: 2012-05-05, Revised 2012-06-03
New Economics Papers: this item is included in nep-bec
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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